Pakistan International Airlines has closed a $120 million receivable-backed Islamic Facility. This three-year monthly amortizing loan was structured using PIA seats as underlying assets and secured ag...
According to the Global Airline On-time Arrival Performance Report for September 2015 from the CARNOC database CADAS (Civil Aviation Data Analysis), Chinese Airlines posted better results for on-time ...
Fitch Ratings has affirmed the class A notes at 'A' and upgraded the class B (to 'BBB' from 'BB+'), class C (to 'BB' from 'B+') and class D (to 'B+' from 'B') notes for Virgin Australia Holdings Limit...
Thai Airways International has closed the financing of one A320-200 bearing MSN 6775 operated by their affiliate Thai Smile. The aircraft was financed using a commercial loan. Crédit Agricole CIB (CAC...
Statistics released by the Civil Aviation Administration of China (CAAC) show that Chinese airlines carried more than 8.96 million passengers during the week-long National Day Holiday from October 1-7...
The largest US airlines posted an on-time arrival rate of 80.3 percent in August, up from both the 77.7 percent on-time rate in August 2014 and the 78.1 percent mark in July 2015, according to the U.S...
Republic Airways Holdings has been made aware of a complaint filed by Delta that it is in breach of its capacity purchase agreements. Republic has stated that it has not been served and has not receiv...
Omni Air International and AFI KLM E&M have inked a renewal of their existing long-term contract under which AFI KLM E&M handles maintenance and repair of the CF6-80C2 engines powering the carrier's f...
CIT Aerospace has delivered its 29th and 30th aircraft as part of a key relationship with Delta Air Lines. These aircraft represent the first sale and leaseback for Delta through CIT Bank, N.A., the p...
LATAM Airlines Group reports that its system passenger traffic increased by 2.7% while capacity increased by 3.2%. As a result, group’s load factor for the month decreased 0.5 points to 83.8%. Interna...
Southwest Airlines flew 9.2 billion revenue passenger miles (RPMs) in September 2015, an 11.4 percent increase from the 8.3 billion RPMs flown in September 2014. Available seat miles (ASMs) increased ...
Republic Airways has reported that it generated 905 million revenue passenger miles (RPMs) in September, a fall of 1% compared to the same period last year, while available seat miles (ASMs) fell by 4...
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