Share prices of US airlines were buoyed slightly on the news that OPEC was increasing production which drove oil prices slightly lower yesterday. The Arca airline index was up 3.2%. United Continental...
Republic Airways has said it is curbing expansion plans for its Frontier Airlines subsidiary due to oil price volatility. Flat seat capacity for the second quarter also contributed to the decision, as...
GE Aviation confirmed it will acquire an ex-JAL Boeing 747-400 and convert it into a flying testbed to replace its current one, which is the oldest version of the 747 still flying in the US and the fi...
Boeing confirmed yesterday it has started 787 change incorporation work at its Global Services & Support site in San Antonio. Several early production aircraft will be sent to the Texas plant for fina...
Aeronautical Engineers have won a contract from Moskovia Airlines to complete six Boeing 737-400SF 11 pallet passenger-to-freighter conversions. The first aircraft is earmarked to enter conversion by ...
Porter Airlines said yesterday it will decide by the middle of the year whether to take another stab at an initial public offering after it pulled a planned IPO last year. “By the end of the first hal...
American Airlines is seeking to raise $1 billion in a sale of senior secured notes. The carrier’s debt offering will be secured by routes, takeoff and landing slots and rights to use space in airport ...
ICBC Financial Leasing has confirmed it signed an MOU with Bombardier covering $8 billion in capital ICBC will make available to support advance payment financing, delivery financing and leasing solut...
Air Canada’s passenger levels for February dipped 2.5 percentage points to 75.9, which the airline is quick to point out that its aircraft were fuller last year due to the Vancouver Winter Olympics. “...
NetJets subsidiary Executive Jet Management has received US FAA approval to use an Apple iPad App from Jeppesen as a portable electronic flight bag (EFB). This approval sets a precedent that other bus...
Toronto-based regional carrier, Porter Airlines has stated it will reach a decision on whether or not to list before the end of the first half of this year. In June last year, Porter put its plans for...
Alaska Air Group reported that passenger traffic increased 19% in the month, while capacity rose 16.5%, compared to February 2010. Load factor was also up, rising 1.7 percentage points to 81.5%. Howev...
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