Caribbean Airlines has cancelled all flights originating out of, or destined to Barbados due to the activity of the La Soufriere Volcano. Flights to/from Barbados will not operate before April 18, 202...
WestJet will extend its temporary suspension of international sun flights to destinations in Mexico and the Caribbean until June 4, 2021. "We are extending our suspension with the clear expectation th...
Air Canada has entered into a series of debt and equity financing agreements with the Government of Canada, which will allow Air Canada to access up to $5.879 billion in liquidity through the Large Em...
Virgin Group Acquisition Corp. II has priced its initial public offering (IPO) of 35,000,000 units at $10.00 per unit. The units are expected to be listed on the New York Stock Exchange and trade unde...
Willis Lease Finance Corporation has closed its first transaction utilizing its new revolving credit lease engine financing product (RCL). Scandinavian Airlines System (SAS) has selected the RCL to fi...
WestJet will restore flights to the communities of Charlottetown, Fredericton, Moncton, Sydney and Quebec City after service was suspended as a result of COVID-19. The reinstatement of service will r...
Frontier Group Holdings set the terms yesterday for its initial public offering (IPO). Frontier Airlines is offering 30 million shares at $19 to $21 each, that equates to a total value of $630 million...
Sage-Popovich (SPI) agreed to acquire Togs Aircraft (TOGS), an FAA Part 145 Repair Station. TOGS has been in business for more than 20 years and has maintained a wide array of both fixed-wing and rota...
Azorra Aviation has entered into an agreement with funds managed by Oaktree Capital Management, under which Oaktree and Azorra’s founders will invest $350 million to expand Azorra’s commercial aircraf...
Amazon Air has taken a $132m stake in Air Transport Services Group (ATSG) by exercising the warrants it has held since 2016 and 2018 to acquire 13.5m shares in the cargo airline, paying $9.73 per shar...
Frontier Airlines has filed for an initial public offering (IPO) with the aim of raising $100 million. In the SEC filing, Frontier – owned by investment group Indigo Partners – highlights its lowest ...
In updated guidance, Southwest Airlines has announced that the airline continues to experience significant year-over-year negative impacts to passenger demand and bookings due to the COVID-19 pandemic...
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