Air Canada launches share offering
Air Canada is launching a C$500 million share offering and a concurrent marketed $400 private placement of convertible senior unsecured notes as it seeks to shore up its balance sheet in the face of C...
Air Canada is launching a C$500 million share offering and a concurrent marketed $400 private placement of convertible senior unsecured notes as it seeks to shore up its balance sheet in the face of C...
Fitch Ratings has downgraded LATAM Airlines Issuer Default Rating (IDR) to D following news that it was entering in Chapter 11 bankruptcy protection just days after the agency knocked the carrier down...
Mitsubishi Heavy Industries, parent company of Mitsubishi Aircraft, has closed two of its three US facilities in related to the development of its business focussed SpaceJet aircraft programme. Mitsub...
Private equity house KKR and Altavair announced today the signing of a sale and leaseback with Delta Air Lines for six Airbus A321-200 aircraft. The acquisition was made through aircraft leasing inves...
The Federal Aviation Administration (FAA) said it plans changes to how new airplane models are certified, but will preserve Boeing’s critical role in that process despite criticism the OEM made mista...
Alaska Air Group today reported a first quarter 2020 net loss of $232 million, compared to net income of $4 million for the same period in 2019. "In the face of one of the greatest challenges in the h...
Delta plans to retire its 18 widebody Boeing 777s by the end of 2020 as a result of the COVID-19 pandemic. In a statement Delta said that the retirement will accelerate the its strategy to simplify an...
United Airlines decision to pull out of a proposed $2.25 billion private offering due to investors asking for higher than expected yields could be revisited secured against a different pool of assets,...
Allegiant Air will look for bargains among the post-COVID 19 aviation landscape as the Las Vegas-based LCC plots its futures after it posted a $33 million Q1 loss versus a $57.1 million profit for the...
United Airlines has pulled out of a $2.25 billion bond issuance only three days after it announced it with media reports suggesting the carrier walked away because it was unable to get attractive enou...
Engine specialist Willis Lease Finance Corporation reported first quarter pre-tax profit and total revenues of $8.5 million and $81.6 million, respectively – figures that were 21% lower than 2019. The...
Moves by a number of leading airlines to permanently retire significant parts of their fleet as a result of COVID 19 are a mixed blessing for spare parts sector with future demand likely to be non-exi...
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