SkyWest Inc parent company of SkyWest Airlines, Atlantic Southeast Airlines and ExpressJet, said Friday it will report a $13-$15 million net loss for the first quarter. The company blamed severe winte...
A drop in demand for services to Japan has finally forced United and Continental airlines to reduce flights between the US and Japan. Both airlines will cut capacity by 10% in April and 14% in May. Sp...
International Lease Finance Corporation (ILFC) has promoted Fred Cromer to president and Philip Scruggs to executive vice president. The lessor also announced that Alan Lund, who has served as vice c...
Boeing has released research conducted by Yale University’s School of Environmental Studies showing significant potential for sustainable aviation fuel based on jatropha-curcas, an oil-producing, non-...
A new shareholder rights plan has been adopted by Air Canada’s board that will make a hostile takeover more challenging. The airline was very quick to point out that this was not adopted in response t...
International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, has closed a $1.3 billion secured term loan with a group of 15 banks from Europe, Asia and No...
Mexican airline company Grupo Aeromexico is selling 91.4 million shares, including over allotments, in the primary offering where it aims to raise around 2.7 billion pesos ($227 million). The funds ar...
Hawaiian Airlines has confirmed it will keep its full schedule of flights to Japan, even though it has seen some decline in traffic since the March 11 earthquake and tsunami. “It is clear from our cur...
US President Barack Obama speaking at Georgetown University in Washington, said yesterday that he has directed the Departments of Energy and Agriculture and the Navy to work with the private sector to...
Sterling Global Holdings has offered more than $3 billion to buy out the parent company of American Airlines, AMR. The firm is said to be investigating the offer to see if it is legitimate. Dallas Mor...
A United Airlines flight bound for Portland from Washington DC, was diverted to Chicago O’Hare International Airport Tuesday night in order to offload three disruptive passengers. Although law enforce...
GE Capital Aviation Services (GECAS) has finalized an order for 10 777-300ER (extended range) aircraft. The order is worth approximately $2.8 billion at list prices. The new 777-300ERs will help GECAS...
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