IATA Cargo figures
North American carriers posted a 1.1% increase in demand in 2020 compared to 2019 (-5.2% for international operations) and a fall in capacity of 15.9% (-19.7% for international operations). In Decembe...
North American carriers posted a 1.1% increase in demand in 2020 compared to 2019 (-5.2% for international operations) and a fall in capacity of 15.9% (-19.7% for international operations). In Decembe...
Air Lease Corporation (NYSE: AL) announced the delivery of two new Boeing 737-8 aircraft on long-term lease to Sunwing Airlines. These aircraft, featuring CFM International LEAP-1B27 engines, are the...
The International Air Transport Association (IATA) is partnering with the government of the Republic of Panama and Copa Airlines to trial IATA Travel Pass – a mobile app to help passengers easily and ...
American has warned that 13,000 employees could be laid off unless travel revives strongly or Congress provides more federal aid by April. In a letter to employees, American says it expects to fly at ...
The final quarter total revenue was $246.6 million, down 47 percent versus the prior year, the lowest year over year reduction since the onset of the pandemic. Sequential quarterly improvement in tota...
Robert Neal has been named senior vice president, corporate finance and treasurer. In his previous role as vice president, fleet and corporate finance, Neal was responsible for fleet transactions pivo...
Aeronautical Engineers, Inc. (AEI) has announced the company has been awarded a contract to provide lessor Aero Capital Solutions (ACS) with ten additional B737-800SF Freighter Conversions. This news ...
Dennis Muilenburg, who went out of the door as CEO of Boeing during the 737 MAX debacle is it seems back with New Vista Acquisition Corp. The units plan to list on the Nasdaq, initially under the tick...
A private jet charter start-up backed by investors including Serena Williams and Lance Armstrong plans to go public via a merger with a “blank cheque” company launched by the former head of the Asian ...
Moody's Investors Service (Moody's) has assigned a provisional rating to the class C notes to be issued by Castlelake Aircraft Structured Trust 2021-1 (CLAS 2021-1) (see here for the initial issuance ...
Willis Lease Finance Corporation (Willis Lease) has announced that it purchased twenty-five PW1100G-JM and PW1500G GTF aircraft engines from Pratt & Whitney. The transaction also includes a long-term ...
Sunwing Vacations and Sunwing Airlines will gain access to $375 million in additional liquidity through the Large Employer Emergency Financing Facility (LEEFF). As part of the agreement, Sunwing will ...
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