American Airlines proposes new share offering
American Airlines Group has announced a proposed underwritten public offering of 38,500,000 shares of its common stock. The company has granted the underwriter of the offering a 30-day option to purch...
American Airlines Group has announced a proposed underwritten public offering of 38,500,000 shares of its common stock. The company has granted the underwriter of the offering a 30-day option to purch...
Aviation Capital Group has appointed Tom Baker as its new chief executive officer (CEO) and president, with immediate effect. Baker succeeds Khanh T. Tran, who is retiring from ACG to embark on a new ...
AerCap has reported a net loss of $850 million for the third quarter of 2020 compared to a net income of $270 million for the prior-year period. The aircraft lessor was pushed into a loss for the quar...
Brad Tilden will retire as chief executive officer of Alaska Air Group on March 31, 2021, and Ben Minicucci, president of Alaska Airlines and a member of the Alaska Air Group board, will succeed him. ...
TAG Aero and ITS have entered into an agreement to support the 737 New Gen and A320 market with 131-9B and 9A APU solutions. ITS’s strategic fleet retirement solutions combined with TAG Aero’s extensi...
LATAM Airlines Group reported that despite posting a net loss of US$573.1 million in the third quarter, the group maintains a solid financial position of US$3.3 billion composed of US$866 million in c...
PK AirFinance, the aviation lending business managed by affiliates of Apollo Global Management, has named Eelco van de Stadt as its president, effective January 2021. The appointment follows PK AirFin...
Titan Aircraft Investments, a joint venture of Atlas Air Worldwide and Titan Aviation subsidiary and Bain Capital Credit, has entered into a US$300 million warehouse financing agreement with a subsidi...
Aircraft lessor, Aircastle, has reported total revenue of $192.4 million for the three months to end September 2020 – down from $236.9million in the year-ago period. Net income fell to $5.8 million, w...
Mexican airline Interjet has resumed flights after having suspended all fights for three days due to cash flow and maintenance issues. The airline has pledged to pay wages owed its employees “as soon ...
Paul Jacobson, Delta Air Lines vice president and chief financial officer (CFO) has resigned his position with the airline to become the CFO of General Motors. His resignation will be effective as of ...
GA Telesis has been awarded an exclusive mandate from China Airlines to remarket and sell four Boeing 747-400 aircraft. The remarketing mandate will be executed by GA Telesis’ Aircraft Transaction Gr...
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