Mesa Air Group has entered into a five-year Loan and Guarantee Agreement with the US Treasury Department which provides the airline with a secured term loan facility to borrow up to $200 million under...
Global Jet Capital has closed its BJETS 2020-1 asset-backed securitisation (ABS), raising approximately $522 million. BJETS 2020-1 is Global Jet Capital’s fourth ABS offering, bringing total assets se...
Willis Lease Finance Corporation has reported third quarter total revenues of $70.6 million – a fall of 41.3% compared to $120.4 million in the same quarter of 2019. The engine lessor ended the quarte...
Fitch Ratings has downgraded Spirit Airlines' 2017-1 class AA enhanced equipment trust certificates (EETCs) to 'AA-' from 'AA'. The certificates remain on Rating Watch Negative. Fitch has affirmed Spi...
Air Transport Services Group (ATSG), which provides medium wide-body aircraft for lease, has reported a 10% increase in customer revenue during the third quarter of 2020 compared to the prior-year per...
Boeing has unveiled a sale of new bonds to help repay $2.8bn of debt. The airframe manufacturer is issuing four tranches of unsecured notes, for four years, six years, eight years and the longest port...
SkyWest has reported net income of $34 million, or $0.66 per diluted share for the third quarter of 2020, compared to net income of $91 million, or $1.79 per diluted share, for Q3 2019. The primary fa...
Global Crossing Airlines has signed an initial agreement with Spirit Airlines. Spirit will provide on-call and line maintenance for GlobalX, including daily and weekly checks, in support of the Global...
Aeronautical Engineers, Inc. (AEI) has been awarded a contract to provide Aero Capital Solutions (ACS) with four 737-800SF Freighter Conversions. ACS is an Austin, Texas-based leading mid-life aircraf...
Air Lease Corporation (ALC) has delivered one new Airbus A321-200neo LR aircraft on long-term lease to Titan Airways (United Kingdom). Featuring CFM International LEAP-1A33 engines, this aircraft is ...
JetBlue Airways has reported a 76% decline in revenue for the third quarter to $492 million, with a pre-tax loss of $578 million compared to a pre-tax income of $254 million in the third quarter of 20...
WestJet has welcomed the announcement of a COVID-19 testing trial by the Government of Canada and the Government of Alberta. In a joint media statement, the governments announced the launch of a new p...
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