LATAM Cargo to operate additional freighter
LAN Cargo (LATAM Cargo) will operate an additional aircraft and, as a result, LATAM Cargo and its related carriers will end 2022 with a fleet of 16 767 freighters. “This aircraft will allow us to cont...
LAN Cargo (LATAM Cargo) will operate an additional aircraft and, as a result, LATAM Cargo and its related carriers will end 2022 with a fleet of 16 767 freighters. “This aircraft will allow us to cont...
ST Engineering has selected PowerFleet industrial telematics solutions for the Maintenance Repair Operations (MRO) at its airframe facility in San Antonio. ST Engineering’s San Antonio facility will u...
Aviation Capital Group (ACG) has entered into a $425 million senior unsecured term loan with a syndicate of lenders and Mizuho Bank, as administrative agent. The term loan matures in July 2025 and inc...
In August 2022, Controladora Vuela Compañía de Aviación (Volaris), the ultra-low-cost airline, Increased capacity (measured in ASMs) by 19.8% year-over-year, while demand (measured in RPMs) increased ...
During August 2022, GOL Linhas Aéreas Inteligentes (GOL), Brazil's largest domestic airline, reports that its total supply (ASK) increased by 43.9%. Total seats increased 41.4% and the number of depar...
Allegiant has repaid the $24.8 million dollar emergency relief loan the company received under the Coronavirus Aid, Relief and Economic Security (CARES) Act in April 2020. The CARES Act, signed into l...
Last April, Avianca's majority shareholders signed an agreement to become part of the same business group, unifying economic rights. In turn, they acquired 100% of the economic rights of Viva in Colom...
AE Industrial Partners (AEI), a US-based private equity firm specializing in aerospace, defense and government services, space, power and utility services, and specialty industrial markets, has promot...
The US Department of Transportation (Department) has announced a proposed rule for public comment, which if adopted, would significantly strengthen protections for consumers seeking refunds for airlin...
Alaska Airlines has finalized an agreement with biofuel company Gevo, to purchase its most significant sustainable aviation fuel (SAF) offtake commitment to date – 185 million gallons of SAF over five...
Willis Lease Finance Corporation has reported second quarter total revenues of $78.1 million. For the three months ended June 30, 2022, aggregate lease rent and maintenance reserve revenues were $60.9...
Spirit AeroSystems reported revenue of $1.3bn for the second quarter of 2022 – up 26% on last year’s result. The company posted an operating loss of $105 million and a net loss of $122 million. “Like ...
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