Air Canada said today that it will gradually suspend the majority of its international and U.S. transborder flights by March 31,2020 in response to decisions by national governments, including Canada ...
On March 18, 2020, American Airlines secured a 364-day $1bn senior secured delayed draw term loan credit facility, due to be paid in a single installment on March 17, 2021. Borrowings of term loans un...
Due to the dramatic loss of revenue, JetBlue has secured a new liquidity facility. On March 13, 2020, JetBlue entered into a delayed draw term loan credit agreement that provides for a term loan facil...
Brazil’s antitrust watchdog on Wednesday, CADE, dismissed allegations against a proposed takeover by Boeing of Embraer’s commercial plane division, maintaining its approval of the deal. CADE was alre...
Aviation services provider, AAR, has appointed John Gilbertson, Jr to the company’s board of directors, effective immediately. Gilbertson increases has come out of retirement to take the role and was...
Air Lease Corporation has placed two used Airbus A330-200 aircraft on long-term leases with Nordwind Airlines. Previously on long-term lease from ALC to Vietnam Airlines, these aircraft will be deliv...
Boeing has called for a $60 billion package of support for what it terms the “US aerospace manufacturing industry,” just days after the airframe revealed in an 8-K filing to the Securities and Exchang...
Aeronautical Engineers has inked an agreement to provide Nauru Airlines with a 10-pallet position B737-300SF freighter conversion. The flag carrier airline of the Republic of Nauru will use the AEI B...
American Airlines Group has implemented a phased suspension of additional long-haul international flights from the US which started on March 16. This suspension will last through May 6. This change is...
On March 12, Southwest Airlines entered into a new $1bn 364-day term loan credit facility with a syndicate of lenders that was drawn in full on the closing date. The loan is priced at either the LIBOR...
In an operational update filed on March 16, Alaska Airline stated that in response to the reduced demand due to the fallout of the new coronavirus, COVD-19, it was immediately reducing capacity for Ap...
Airlines for America (A4A) has called for US authorities to come up with a $58 billion aid package for what it termed the “unprecedented and debilitating impact”, that Covid19 was having on the sector...
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