Major US airline selects Triumph for MRO work
Triumph Group’s Product Support business unit has been selected by a major US airline to provide maintenance, repair and overhaul (MRO) services on heat transfer units for the carrier’s fleet. Under t...
Triumph Group’s Product Support business unit has been selected by a major US airline to provide maintenance, repair and overhaul (MRO) services on heat transfer units for the carrier’s fleet. Under t...
GA Telesis has acquired two Boeing 737-700 aircraft (MSN 28499 and MSN 28500) for disassembly. The 737NG disassemblies are commencing in Marana, Arizona. Key components will route to GA Telesis’ UK an...
PEMCO Conversions, a wholly owned subsidiary of Airborne Maintenance and Engineering Services, has announced a Boeing 737-700 Next Generation aircraft Passenger-to-Full Freighter conversion program. C...
Allegiant Travel Company has borrowed $450 million under a Credit and Guaranty Agreement with certain of its subsidiaries, excluding Sunseeker Resorts, as well as other lenders. Barclays acted as synd...
For the fourth quarter 2018, Spirit Airlines’ total operating revenue was $862.8 million, an increase of 29.5% compared to the fourth quarter 2017. Net income was $91.9 million. Total operating revenu...
During January 2019, Volaris, the ultra-low-cost airline serving Mexico, the United States and Central America, increased total capacity, as measured in Available Seat Miles (ASMs), by 10.2% year over...
Brazilian airline Azul has announced a significant acceleration in its fleet transformation program. The company expects to add 21 next-generation aircraft this year, an increase of eight aircraft fro...
Chorus Aviation has finalised a firm purchase agreement for nine CRJ900 aircraft. These aircraft will be operated by Jazz Aviation, a subsidiary of Chorus Aviation, under the Air Canada Express banner...
A Southwest Airlines flight, Flight 1694, departing from Hartford to Tampa, was forced to make an emergency landing back at Connecticut’s Bradley International Airport due to a cabin pressure related-...
Air Transport Services Group’s subsidiary, LGSTX Services (LGSTX), has acquired TriFactor Distribution Solutions, a privately held material handling systems integrator based in Lakeland, FL. This acqu...
On January 29, 2019 Mesa Air Group closed a $91.2 million five-year term loan at LIBOR +3.1%. The proceeds were used to pay down existing debt at LIBOR +7.25% plus yield enhancement of 1.5%. The term ...
Mesa Air Group has reported net income of $19.1 million or $0.55 per diluted share for the first quarter fiscal year 2019 (ending December 31, 2018). Pre-tax income was $25.0 million compared to $0.8 ...
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