Willis Lease Finance Corporation has expanded its $700 million revolving credit facility by over 40% to $1 billion, which includes a $110 million accordion feature. The facility has a 5-year term and ...
Cueto family investment group, Costa Verde Aeronautica, has attributed its US$414 million loss last year to its investment in LATAM, which posted a loss of US$219 million last year. Juan J. Cueto, Pre...
American Airlines Group shares have been upgraded by Vetr from a “hold” rating to a “buy” rating in a research report issued yesterday. The brokerage has a $42.44 price objective on the airline’s stoc...
Hawaiian Holdings, parent company of Hawaiian Airlines, has reported a today reported its financial results for the first quarter of 2016. Hawaiian’ net income during the quarter, on an adjusted basis...
During the first quarter of 2015, Southwest Airlines posted a 25.7% increase in net income, excluding special items, to $567 million, or $.88 per diluted share. The first quarter operating margin, exc...
Alaska Air Group has reported record first quarter net income, excluding special items, of $183 million, a 23% increase over the first quarter of 2015. Adjusted diluted earnings per share of $1.45 was...
Reuters has reported that Airbus is planning to cut production of its A380 from 2017 due to softening demand. Airbus has declined to comment on the report, however, which suggests the manufacturer wou...
Jet2.com has joined Airlines for Europe. “Airlines for Europe has, in a very short time, established itself as the leading association, representing the interests of European airlines. We are pleased...
Norwegian Air Chief Executive Bjorn Kjos has confirmed in the media that delivery of the A320neo was being pushed back due to further tests being required on the Pratt & Whitney engines. Airbus confir...
On May 19, Icelandair will begin a seasonal service to Montreal’s, Pierre E. Trudeau International airport (YUL). Flights to Montréal will operate four times a week between May and November 7, on Mond...
It has been widely reported but not confirmed by any party that Lufthansa is currently in talks with Thomas Cook over gaining a share or full acquisition of holiday airline Condor. Reuters states that...
Norwegian reported its first quarter results for 2016 with an underlying improvement of more than 400 MNOK (£34m), compared to the same quarter previous year. The airline still posted a loss of 992 mi...
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