United only US airline to post a Q1 loss
United Continental Holdings (UAL) posted a first-quarter loss –the only one of the major US carriers to do so. United posted an adjusted loss of $325 million, or 98 cents a share, on the back of a 1...
United Continental Holdings (UAL) posted a first-quarter loss –the only one of the major US carriers to do so. United posted an adjusted loss of $325 million, or 98 cents a share, on the back of a 1...
During the first quarter of 2013, United has refinanced its $1.2 billion term loan that matures in 2014 with a new $900 million term loan due 2019, and reduced the principal balance by $300 million ...
On April 23, 2013, JetBlue closed a $350 million three-year secured revolving credit and letter of credit facility. Citibank is the administrative agent. “We continue to enhance and optimize our li...
US scheduled passenger airlines employed 380,159 workers in February 2013, 2.5 percent fewer than in February 2012, the US Department of Transportation’s Bureau of Transportation Statistics (BTS) ha...
Air Seychelles, the national airline of the Republic of Seychelles, has entered into a codeshare agreement with South African Airways (SAA). The first phase of the agreement will see South African...
US Airways has filed a supplement to its March 4 application with the US Department of Transportation (DOT) for the rights to operate daily, year-round service between Sao Paulo, Brazil and the airl...
JetBlue Airways first quarter 2013 results show an operating income of $59 million, resulting in a 4.5% operating margin, compared to operating income of $89 million and a 7.4% operating margin in t...
Enerjet has appointed David Lancelot as its new president, effective immediately. Lancelot comes to Enerjet with a broad range of experience earned over the past 20 years in the airline, investment ad...
The US Department of Transportation’s Federal Aviation Administration (FAA) has proposed a $4 million civil penalty against United Parcel Service (UPS) for allegedly maintaining four cargo aircraft im...
Boeing’s net income rose 20% in the first quarter despite its troubles with the Dreamliner 787. 787 operators will resume flights of their aircraft from Saturday. Ethiopian Airlines will be the first ...
Air Canada previously announced private offering of two tranches of enhanced equipment trust certificates (EETC) has been upsized by an additional tranches of US$108.264 million C notes. All three tra...
United Airlines has increased fees on passengers who need to adjust travel plans to $200 from $150. On certain international flights, the fee has risen from $250 to $300 for many routes to South Ameri...
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