LATAM reports traffic numbers for April 2016
LATAM Airlines Group has reported a 2.0% increase in system passenger traffic on the back of a 0.6% increase in capacity. As a result, LATAM’s load factor for the month increased 1.1 points to 82.7%. ...
LATAM Airlines Group has reported a 2.0% increase in system passenger traffic on the back of a 0.6% increase in capacity. As a result, LATAM’s load factor for the month increased 1.1 points to 82.7%. ...
Silverfleet Capital, the European private equity firm, has agreed to acquire a majority stake in the aerospace division of Avingtrans (“Sigma Components” or “Sigma”), a UK precision engineering compon...
Mexican regulatory authorities have given their approval for Delta Air Lines to conduct business with Aeromexico on the proviso that they relinquish some of their slots at the Mexico City internationa...
Aeronautical Engineers, Inc. (AEI) has signed a contract with Automatic to provide the company with two 11 pallet position B737-400SF freighter conversions. The first aircraft, built in 1993 (MSN 258...
GOL Linhas Aéreas Inteligentes (GOL) has announced a plan to exchange outstanding bonds for new debt. The terms of the bond exchange, set out below, requires investors in Gol's perpetual bond to assum...
Republic Airways has announced that the United States Bankruptcy Court for the Southern District of New York issued its ruling approving the comprehensive amendments to its agreements with Delta Air L...
WestJet has announced first quarter 2016 net earnings of $87.6 million, or $0.71 per diluted share, which is a decline of 38% from prior- year period, when the company earned $140.7 million, or $1.09 ...
Ed Bastian has taken over as chief executive officer (CEO) of Delta Air Lines, replacing outgoing Richard Anderson who had held that role since 2007. Bastian is the first “insider” to be elevated to t...
lATA has applied to the US Department of Transportation (DoT) requesting approval for airline and their alliance partners serving Venezuela to discuss and potentially agree upon "one or more courses o...
Boeing Chairman, President and Chief Executive Officer Dennis Muilenburg reports that the board of directors has declared a regular quarterly dividend of one dollar and nine cents ($1.09) per share. T...
Fitch Ratings has affirmed the ratings for American Airlines 2013-2 Series of enhanced equipment trust certificates (EETCs) as follows: --Class A certificates due Jan. 2023 at 'BBB+'; --Class B certif...
U.S. scheduled passenger airlines reported an after-tax net profit of $25.6 billion in 2015 up from $7.5 billion in 2014, the U.S. Department of Transportation’s Bureau of Transportation Statistics (B...
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