Aircastle has priced a public offering of 7,887,029 common shares by Ontario Teachers' Pension Plan, at $21.50 per share. Aircastle will not receive any proceeds from the sale of the shares. The offer...
Gerry Laderman is back as United’s acting chief financial officer (CFO) once again following Andrew Levy resignation this week. The carrier will "immediately" begin a search for a permanent replacemen...
Southwest Airlines has increased the company's quarterly dividend by 28 percent and authorized a new $2.0 billion share repurchase program. The quarterly dividend will increase to $.16 per share from ...
StandardAero recently signed an agreement with Beijing Reignwood Star General Aviation Company Limited to provide support to its fleet of Rolls-Royce M250 and RR300 engines powering the company’s Bell...
Todd Woodward, executive vice president, Asset Management, has transferred from Aviation Capital Group to its parent company Pacific Life and assumed a new role within Pacific Life’s corporate finance...
Alaska Air Group has reported a 5.8% increase in traffic on an 8.7% increase in capacity compared to April 2017 for all of its airlines. Load factor decreased 2.3 points to 84.3%. Mainline reported a ...
United Airlines has issued a B tranche of notes as an addition to its Series 2018-1 enhanced equipment trust certificates issuance earlier this year. The $225.7 million B notes, rated BBB by Fitch, we...
Southwest Airlines’ chief executive officer, Gary Kelly, has confirmed this week that the airline has sent some aircraft-engine fan blades to GE for closer inspection, although the carrier’s own revie...
GKN Fokker Services has sold its 1000th Electronic Flight Bag (EFB) solution for iPad to European wet lease specialist airline Hi Fly, one of the first customers of the EFB solution in 2012. An EFB is...
Myrtle Air Services, Inc. (MASI) has earned its 145 Air Agency Certificate from the FAA. The FAA regulates civil aviation safety and stipulates that aircraft parts must be repaired by a certified rep...
Aeronautical Engineers, Inc. (AEI) has received European Aviation Safety Agency (EASA) approval for the AEI CRJ200 SF passenger-to-freighter conversion. The EASA approval (STC 10061615) allows for the...
On April 20, the Federal Aviation Administration (FAA) issued an Emergency Airworthiness Directive (EAD) requiring operators to inspect fan blades on certain CFM56-7B engines within 20 days. The emerg...
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