Moves by American Airlines to raise cash via a “trifecta” of equity, convertible bonds and debt raises is a “liquidity grab” by the carrier to tap markets while there is still appetite by investors fo...
Alaska Airlines will start flying the Embraer 175 jet aircraft in the state of Alaska starting in October 2020. The E175, operated by regional partner Horizon Air, will serve select markets in Alaska....
JetBlue has followed Delta’s April example and pledged slots as collateral on a $750 million loan as it seeks to strengthen its balance sheet to deal with COVID 19. In April Delta announced it was rai...
Spirit AeroSystems received a letter on June 19 from Boeing in which the airframe maker directed the firm to further reduce its production of MAX shipsets – the second such instruction sent this month...
American Airlines has priced its offering of 74.1 million shares or approximately $1,000.4 million of its common stock at a public price of $13.50 and its offering of $1bn of convertible senior notes ...
Air Canada has raised $1.23 billion with the closure of two facilities – a private offering of $840 million 9.00% second lien secured notes due 2024 and a C tranche EETC offering for $315 million. The...
The Atlas Group, a supplier of complex assemblies for commercial, business and defence aerospace customers worldwide, announced today that Jim McMullen, formerly chief operating officer of Atlas, has ...
Embattled carrier Aeromexico is examining the financial options available in order to avoid entering into Chapter 11 bankruptcy in the US, according to an exchange filing by the firm on Friday. Aerome...
Boeing today named Michael D'Ambrose as executive vice president of Human Resources, effective July 6. He will succeed Wendy Livingston, who has served in an interim capacity since April. In this role...
Investors are continuing to back aircraft leasing companies even in the midst of the global pandemic, demonstrated by the success of the latest bond from Air Lease Corporation (ALC). The lessor went t...
Despite the recent collapse in passenger demand globally due to COVID 19, and questions over current aircraft values, the long-term fundamentals mean that aircraft remain an investable asset, accordin...
GE has announced that David Joyce, president and chief executive of GE Aviation, will retire after 40 years working for the firm, and he will be replaced by John Slattery, Embraer’s chief executive of...
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