David P. Storch, Chairman and Chief Executive Officer of AAR has been named to the President’s Advisory Council on Doing Business in Africa, a 15-member panel of private sector business leaders charge...
Air Canada has ordered two additional 777-300ER (Extended Range) airplanes. The order, previously listed as unidentified on Boeing’s Orders & Deliveries website, is valued at $660 million at list pric...
CIT Aerospace signed a total of 22 agreements in the third quarter of 2014 for the current and future leases of commercial aircraft. CIT Aerospace delivered 20 aircraft, including new and used aircraf...
During the third quarter, Air Lease Corporation reported another consecutive quarter of fleet, revenue and profitability growth. Diluted EPS increased 26% to $0.58 per share for the three months ended...
A wholly-owned subsidiary of Air Lease Corporation (ALC) has entered into a joint venture with a co-investment vehicle (the JV Partner) arranged by Napier Park Global Capital (US) (Napier Park) for th...
During the third quarter, Embraer posted a net loss of $10.7 million compared to the $52.9 million net profit made during the period in 2013. The company has been hit by a $77.1 million tax expense “l...
On November 6, 2014, Southwest Airlines completed the public offering of $300m aggregate principal amount of its 2.750% notes due 2019. JPMorgan and Morgan Stanley we co-leads on the deal. Price talk ...
Air Canada and Air China have concluded a memorandum of understanding setting out the main principles for a comprehensive revenue sharing joint venture providing for an enhanced partnership on routes ...
Fly Leasing has been upgraded from a “neutral” rating to an “outperform” rating in a report from Zack’s. The firm currently has a $13.10 price objective on the stock. Zacks’s price target points to a ...
Fitch Ratings has assigned BOC Aviation CNY1.5bn 4.2% senior unsecured notes due 2018 a final rating of 'A-'. The notes, which are denominated in offshore yuan or CNH, are issued under the aircraft le...
Aircastle has reported third quarter 2014 net income of $19.2 million, or $0.24 per diluted common share, and adjusted net income of $26.5 million, or $0.33 per diluted common share. The third quarte...
Virgin America has reported a 24% increase in profits for the third quarter. Operating revenue rose 4.7%, totaling $405.5 million. The airline has benefitted from an increase in passenger traffic. CEO...
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