On June 4, Spirit AeroSystems received a letter from Boeing asking it to pause additional work on four 737 MAX shipsets and avoid starting production on sixteen additional units due for delivery in 2...
Fitch Ratings says General Electric Company's (GE) $1.5 billion add-on to its previously issued $2,250 million of 4.35% senior unsecured notes due 2050 and GE Capital Funding, $1.5 billion add-on to i...
AAR a provider of aviation services to commercial and government operators, announced today that BASF has appointed AAR as a preferred distributor of Maintenance Repair and Overhaul (MRO) services for...
KBRA is revising its Watch status to Watch Downgrade for the ratings of eight securities of Prop 2017-1 Limited, AASET 2018-3 Note Issuer Designated Activity Company, Horizon Aircraft Finance I and Ra...
A combination of slowing economic activity and concerns over a US-China trade war have led analysts Cowen to predict weaker growth from Atlas. “We are downgrading Atlas Air shares to Market Perform fr...
Bombardier Aviation announced today that it would layoff 2,5000 of its employees to align with current market conditions reflecting the extraordinary industry interruptions and challenges caused by C...
AeroCentury today reported a first quarter 2020 net loss of $10.2 million, compared to a net loss of $1.3 million, for the same period 2019. Results for the quarter ended March 31, 2020 included impai...
Air Transport Services Group a provider of medium wide-body aircraft leasing, air transportation and related services, today announced an agreement to lease twelve additional Boeing 767-300 converted ...
Bombardier confirmed today the closing of the previously announced sale of the CRJ Series aircraft program to Mitsubishi Heavy Industries for a $550 million. The deal is subject to post-closing adjus...
American will make 30% of its workforce redundant as it resizes its operation in response to the impact of COVID 19 the carrier said in a letter to employees. “Although our pre-pandemic liquidity, the...
Boeing is to lay off 12,000 workers at the same time as the airframe maker announced it was restarted production of its troubled 737MAX model The US firm is to lay-off 6,770 employees on top of the 5,...
Vx Capital Partners has appointed Rushi Shah as Associate where he will be . responsible for investment analysis and modelling, portfolio management and lead analytical support for origination, and fi...
We're Social