Amazon Air takes stake in ATSG
Amazon Air has taken a $132m stake in Air Transport Services Group (ATSG) by exercising the warrants it has held since 2016 and 2018 to acquire 13.5m shares in the cargo airline, paying $9.73 per shar...
Amazon Air has taken a $132m stake in Air Transport Services Group (ATSG) by exercising the warrants it has held since 2016 and 2018 to acquire 13.5m shares in the cargo airline, paying $9.73 per shar...
Frontier Airlines has filed for an initial public offering (IPO) with the aim of raising $100 million. In the SEC filing, Frontier – owned by investment group Indigo Partners – highlights its lowest ...
In updated guidance, Southwest Airlines has announced that the airline continues to experience significant year-over-year negative impacts to passenger demand and bookings due to the COVID-19 pandemic...
GA Telesis, LLC ("GAT") announced today that Jessica Matthews has been appointed as Managing Director of GAT Logistics Solutions. Matthews will be tasked with leading all aspects of strategy, sales, o...
United has placed an order for $1 billion of Archer’s aircraft, with an option for an additional $500 million of aircraft. A move that will advance accessible sustainable flight, and solidify Archer a...
American Airlines is expected to furlough more than 1,000 workers based out of Philadelphia International Airport. There will be 28 permanent layoffs beginning April 1 and 1,032 furloughs that will be...
Aeronautical Engineers, Inc. (AEI) has signed a contract to provide Mexico-based Aeronaves T.S.M. (TSM) with two additional CRJ200 SF Freighter Conversions. The first CRJ200 (MSN 7708) of this order w...
ATR has appointed Tiziana Masullo Managing Director and President of ATR Americas, a subsidiary of ATR, effective from December 2020. Based in Miami, Tiziana previously served as Vice President of Ser...
SIA Group’s passenger carriage shrank 97.6% year-on-year. However, when compared to the previous quarter, passenger carriage grew 44.8% on the back of a 90.8% increase in capacity for the third quarte...
Canadian Prime Minister Justin Trudeau yesterday insisted that his government would ensure airlines survived the COVID-19 pandemic. The government is in talks now with the airlines. ...
SkyWest has reported a Q4 2020 net loss of $46 million from a profit of $73 million for the same period last year. SkyWest also reported a net loss of $9 million for the 2020 full year, compared to ne...
BlackRock Inc. has filed an SC 13G form with the Securities and Exchange Commission (SEC) disclosing ownership of 34,717,820 shares of Southwest Airlines Co. (US:LUV). This represents 5.9 percent owne...
We're Social