United Airlines is seeking to raise $3bn through an A class enhanced equipment trust certificate (EETC) issuance, which is secured on collateral pool of spare parts, spare engines and aircraft, valued...
Flair Airlines has announced the appointment of Stephen Jones as its new president and chief executive officer. Jones replaces Jim Scott, the outgoing president and CEO, who presided over the year-lon...
Toronto-based Porter Airlines announced yesterday that it will extend its temporary service suspension until at least December 15 due to continuing travel restrictions in place because of COVID-19. Th...
American Airlines management is warning that without additional aid, more domestic routes will be cut. American has suspend service to Del Rio, Texas; Dubuque, Iowa; Florence, South Carolina; Greenvil...
On Friday (Oct. 9), Southwest proposed a 10% pay rate cut to its roughly 9,000 pilots but the Southwest Airlines Pilots Association took issue with the across-the-board reduction and force majeure cla...
Sun Country Airlines, owned by Apollo Global Management, is planning to restart its push for an initial public offering (IPO) as soon as next year if travel demand returns. Sun County CEO, Jude Bricke...
Delta Air Lines third quarter financial results for 2020 show a GAAP pre-tax loss of $6.9bn on total revenue of $3.1bn. Adjusted pre-tax loss of $2.6bn on adjusted revenue of $2.6bn. Delta ended the S...
American Airlines will move its Beijing operations to PKX when service returns from Dallas-Fort Worth (DFW) on March 27, 2021. Flights between DFW and PKX will operate on a Boeing 787-8 and will be av...
Hawaiian Airlines will temporarily suspend its Ohana by Hawaiian passenger flights and cargo services between Honolulu (HNL) and Moloka‘i (MKK) and Lāna‘i (LNY), beginning November 1, 2020. The airlin...
Milestone Aviation and Airbus Helicopters have agreed to include six H160s in Milestone’s orderbook. The helicopters will be destined for a range of missions including offshore transportation and emer...
Air Lease Corporation (ALC) has announced an update on order book deliveries, sales and new significant financing occurring in the third quarter of 2020. As of September 30, 2020, ALC’s fleet was comp...
Avianca has received approval from the US Bankruptcy Court for the Southern District of New York to access its debtor-in-possession (DIP) financing totalling just over US$2bn. Adrian Neuhauser, Chief ...
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