Brazilian airport projects delayed
The economic downturn in Brazil has led to several São Paulo-area airport projects, which were intended to serve the 2014 soccer World Cup and the Olympic Games, being stalled. Aerovale in Caçapava, w...
The economic downturn in Brazil has led to several São Paulo-area airport projects, which were intended to serve the 2014 soccer World Cup and the Olympic Games, being stalled. Aerovale in Caçapava, w...
Southwest Airlines’ senior vice president of labor relations, Randy Babbitt, has announced his retirement after 50 years in the commercial aviation industry. Babbitt joined Southwest in 2012 and has s...
Universal Asset Management (UAM) has promoted Tracy Andrews to the position of Chief Operating Officer of UAM effective immediately. Andrews, already having the responsibility for UAM’s Mississippi, ...
Seabury Solutions has announced more growth in its user base in the Caribbean region. Dominican Wings, who parent company Avion Express is a long standing user of Alkym now have their aircraft under c...
The Special Administrative Unit of Civil Aeronautics (Aerocivil), Colombia’s civil aviation regulator, is investigating Avianca, Aerolínea de Antioquia (ADA), EasyFly, and the state-operated SATENA fo...
Alaska Airlines has broken ground on a new $40 million aircraft maintenance and engineering facility located at the Ted Stevens Anchorage International Airport. The design of the new 105,000-square-fo...
American Airlines is retiring 20 MD 80s first put into service in the late 1980s to the Roswell Air Center in New Mexico. The carrier had 87 MD-80s in operation by the end of June but with these and o...
HAECO Americas has commenced construction of its fifth hangar at the Piedmont Triad International (PTI) Airport. The investment to build the nearly 250,000 sq. ft. structure will total US$60 million a...
CIT Aerospace has signed a total of 39 agreements in the second quarter of 2016 for the current and future leases of commercial aircraft. CIT Aerospace also delivered 26 aircraft, including new and us...
Chorus Aviation has announced a monthly dividend of $0.04 per Class A and Class B share payable on or after September 19, 2016 to shareholders of record at the close of business on August 31, 2016. ...
Avianca has reported an operating income (EBIT) of $37.6 million for the second quarter of 2016, and an operating margin of 3.9%, a 341 basis point increase over the same quarter of last year. Operati...
Vedder Price advised Castlelake, as sponsor and servicer, and Castlelake Aircraft Securitization Trust 2016-1 (CLAS 2016-1), as borrower, in the funding of US$916 million in Class A, B and C asset-bac...
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