Air Canada reports $433 million loss
Air Canada today reported an operating loss of $433 million compared to operating income of $127 million in the first quarter of 2019. At March 31, 2020, unrestricted liquidity amounted to $6.523 bill...
Air Canada today reported an operating loss of $433 million compared to operating income of $127 million in the first quarter of 2019. At March 31, 2020, unrestricted liquidity amounted to $6.523 bill...
WestJet has reached an agreement with the Airline Pilot Association (ALPA), to save more than 1,000 pilot jobs at WestJet, WestJet Encore and Swoop amidst the COVID-19 crisis. The airline had previous...
Bombardier has begun the process of recalling most of its Canadian based employees that were placed on furlough following government mandates enacted to slow the spread of COVID-19. Suspended manufact...
From May 4 US carrier JetBlue will require all passengers to wear a face covering during travel, aircrew are already required to do so. JetBlue’s policy is the result of following CDC guidelines that ...
Argentina’s Civil Aviation Authority (ANAC) issued a decree on Monday banning ticket sales for commercial flights to, from or within the country until September 1 due to COVID 19. Argentina closed it...
Southwest Airlines has priced a new offering of 70 million shares of common stock at $28.50 per share – upsized from 55 million – and $2bn of convertible, five-year senior notes, at 1.250%, which was ...
Aircraft Leasing and Management is pleased has been appointed as exclusive remarketing agent by Flex Air SAC in relation to the sale of two aircraft, a BAe146-100, with serial number E1199 and registr...
Copa Airlines has reported a 11.4% decline in total revenue to $595.5 million for the first quarter of 2020, with an expected operating profit of $98.7 million and operating margin of approximately 16...
JetBlue Airways Corporation has completed negotiations with the US treasury over the carrier’s $936 million CARES aid package. As a result on April 23 the US Treasury disbursed the full amount to Jet...
On Saturday April 25, Boeing confirmed that it had terminated its Master Transaction Agreement (MTA) with Embraer, under which the two companies had sought to establish a joint venture comprising Embr...
Alaska Airlines and Horizon Air finalized agreements today with the U.S. Treasury Department and accepted full disbursement of the agreed $992 through the Payroll Support Program (PSP) under the Coron...
United Airlines is bringing in social distancing measures for both the checking in procedure and inflight itself. In a post on the company’s website, United said that for now and the near future, the ...
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