Air Lease Corporation has announced lease agreements with China Airlines for three new Boeing 737-800 aircraft, which are scheduled for delivery in 2015 and 2016. These aircraft are from ALC’s order b...
A US federal judge has formally approved the US Department of Justice’s (DOJ) antitrust settlement with American Airlines and US Airways. “We’re pleased that the court agreed that the department’s rem...
Rob Maruster, chief operating officer of JetBlue, has resigned. The airline has not disclosed the reasons why. His duties will be taken over by president, Robin Hayes. Maruster, 43, joined JetBlue in ...
Alaska Air Group, parent of Alaska Airlines and Horizon Air, has doubled its net income during the first quarter from $37 million net income reported in Q1 2013 to $94 million this quarter. Excluding...
Allegiant Travel Co., parent of Allegiant Air, posted a 7% increase in first-quarter net income to $34 million. Total operating revenue rose by 10.8% to $302.5 million, with expenses up by 11.2% to $2...
LATAM is planning to fund its 787 delivery with an Ex-Im guaranteed-loan. The US Export Import Bank’s board will take a decision on the loan guarantee in late May. ...
United Parcel Service (UPS) has reported a 12.2% drop in its first-quarter net income to $911 million, mainly caused by the severe winter weather in the US. However UPS did post a 24.4% increase in it...
United Continental has reported a first-quarter net loss of $609 million, including $120 million of special charges, compared to a net loss of $417 million in the same period last year. Excluding spec...
American Airlines Group, parent of American Airlines and US Airways, has posted a net income of $480 million for the three months ended March 31. The results reverse a combined net loss of $297 millio...
During the three months to end March 2014, Southwest Airlines reported a net income of $152 million, compared to a net profit of $59 million in the year-ago period. Revenue increased by 2% to $4.17 bi...
During the first quarter of 2014, JetBlue Airways has posted a 71.4% drop in net profit to $4 million. CEO Dave Barger has cited the severe winter weather for the fall in profits after the airline was...
Fitch Ratings has downgraded the Class A notes of Triton Aviation Finance (TAF) to 'CCsf' from Bsf' and the Class B-1, B-2, C-1, and C-2 notes are affirmed at 'Csf'. The downgrade of the class A-1 not...
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