Air Lease Corporation (ALC) has launched an underwritten public offering, subject to market conditions, of 8,000,000 shares of its Class A Common Stock by affiliates of Ares Management LLC, Leonard Gr...
Avianca has launched its new unified "Avianca" brand that will supplant those of TACA Airlines, Aerogal and Tampa Cargo. Avianca Holdings CEO Fabio Villegas said: "The single commercial brand represen...
Avianca TACA halts five nonstop flights to Costa Rica. This has led to the loss of 261 employees. Flights between San José and Los Angeles, New York, Havana, Quito and Guayaquil have all been eliminat...
Washington attorney, Jeffrey A. Lovitky, has written to Saudi Arabian Airlines to request it “immediately discontinue its practice of refusing to sell tickets to persons of Israeli nationality”. Saudi...
Air Comm Corporation (ACC), which designs and certifies environmental control systems (ECS) for turbine helicopters, has acquired Meggitt (Addison), the former Keith Products, in a stock purchase. Kei...
LATAM Airlines Group has reported an operating income of US$114.2 million for first quarter 2013, a 149.8% increase compared to the US$45.7 million pro forma operating income in first quarter 2012. Op...
As previously announced as a possibility, US Airways has added a $100million C tranche to its enhanced equipment trust certificates issuance (Series 2012-2C). Goldman Sachs is sole structuring agent a...
GAL Aerospace Corp., a Montreal based aerospace management company, has named Glen Lynch president and CEO of GAL Aerospace Corp. and subsidiaries GAL Aviation Inc., and GAL Aerostaff Ltd. Prior to jo...
Piaggio Avanti P180 aircraft equipped with Rockwell Collins’ Pro Line 4 avionics can now be upgraded to Pro Line 21. The new offering, available from-Switzerland-based RUAG Aviation, modernizes the fl...
A Boeing 747-8 Intercontinental successfully completed its first test flight this week with a package of performance improvements including enhanced GE engines. This package is designed to improve the...
In-flight catering company, PT Cardig Aero Services (CASS), is targeting to post a 29% revenue increase by year’s end as it has secured new clients. Cardig CEO Nurhadijono Nurjadin said that the compa...
Louis Chenevert, chief executive of United Technologies Corp. has stated that airline profitability looks better for 2013 than in recent years. He also stated that UTC’s $18.4 billion purchase of Good...
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