Aircraft hacked in flight
Chris Roberts, a cybersecurity consultant, has told the US FBI that he has hacked into computer systems onboard aircraft in flight up to 20 times and had even managed to control an aircraft engine dur...
Chris Roberts, a cybersecurity consultant, has told the US FBI that he has hacked into computer systems onboard aircraft in flight up to 20 times and had even managed to control an aircraft engine dur...
In a recent interview Scott Scherer, head of regulatory strategy at Boeing Capital, stated that Boeing would “not sit idly by” if the US Export-Import Bank mandate was not renewed by the end of June. ...
American Airlines has repriced and extended a 2013-vintage term loan. The $1.867bn term loan B due 2020 priced at Libor + 275 basis points, from L+300bps in 2013, with a 0.75% Libor floor, while the t...
On May 14, 2015, LATAM Airlines Group priced its inaugural 2015-1 EETC transaction with Citi acting as Sole Structuring Agent, Lead Bookrunner and Global Coordinator. The transaction was launched as a...
Grupo Aeromexico confirmed over the weekend that Citigroup had sold its 16% holding in the airline to several parties, including former Aeromexico chairman Eduardo Tricio. Aeromexico confirmed that no...
Dave Siegel, CEO of Frontier Airlines, has resigned for personal reasons. He has been replaced by the carrier's chairman Bill Franke and president Barry Biff, who have vowed to improve a record of fre...
Ultra-low-cost carrier VivaAerobus has taken delivery of its first new A320 following the aircraft handover at the Airbus Delivery Centre in Toulouse. The A320 is the first to be delivered from an ord...
As of May 8, DOT will no longer require carriers to honor mistaken fares as long as the carrier (1) demonstrates that the fare was a mistake, and (2) makes the purchasing consumer whole by refunding t...
United Continental has announced plans to lease up to 25 used aircraft from AerCap over the next two years, with the right to add up to 14 more of the single-aisle planes over the next five years. The...
Chorus Aviation, parent of flyJazz, in the first quarter of 2015 generated adjusted EBITDA of $28.0 million excluding foreign exchange loss of $33.9 million on US denominated debt. Chorus also incurre...
LATAM Airlines Group has reported strong operating results for first quarter 2015, with operating income reaching US$227 million, 102% higher than the US$113 million reported in first quarter 2014. Op...
American Airlines SVP-government affairs Will Ris has announced his retirement after a decade with the airline. Ris will retire at the end of the year. “Will's impact on American Airlines has been imm...
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