AAR has posted third quarter fiscal year 2015 consolidated sales of $380.1m and net loss of $34.5m after discontinuing operations of Telair Cargo Group and Precision Systems Manufacturing. For the thi...
Avioserv, a late-life aircraft engine parts management company, has recently been acquired by Aergen Leasing (Aergen). Avioserv specializes in the sale, lease and trading of engine parts, engine compo...
Burnham Sterling Securities, an investment bank specializing in transportation asset finance, has completed more than $1.5 billion of transactions with its clients in 2014. The transactions, totalling...
JetBlue was impacted by a systemwide IT outage today that created a backlog of operational delays. News reports state that the airline was forced to issue handwritten boarding passes with the computer...
Clayton Osbon, the ex JetBlue Airways pilot who scared passengers by yelling about Jesus and al-Qaida in 2012, has sued the airline for $16 million. Osbon claims the airline ignored signs he was ill b...
The US Department of Transportation (DOT) has tentatively declared that Delta Air Lines can keep a slot at Tokyo's Haneda Airport if it flies there from Seattle daily. DOT claims that Delta's Seattle-...
An Air Canada A320 crash landed at Halifax Stanfield International Airport on Sunday morning injuring 25 of the 132 people onboard. Flight AC624 from Toronto crashed into a power line on landing and s...
Tailwind Capital (Tailwind), working in cooperation with SkyBlue Capital, advised Finnair on the sale and leaseback of six ATR72-500 regional aircraft to Doric Asset Finance. These aircraft were part ...
Silver Airways has appointed 15-year finance veteran Jason Bewley as Chief Financial Officer to direct and oversee all aspects of the airline's financial activities. "While we have been effectively ex...
A trial date has been set for a lawsuit brought by the Federal Aviation Administration in November against Southwest Airlines for non-payment of a $12 million fine imposed on the airline following a 2...
Hawaiian Airlines expects its operating revenue per available seat mile to improve in the first quarter, according to a SEC filing. The airline cites better-than-expected passenger revenue from its No...
The US Bureau of Labor Statistics has reported that airline fares in the US rose in February. Fares jumped 1.9% from January, although they were 3% lower than they were a year ago during February. Ana...
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