AerCap announced the completion of the secondary public offering of 71,184,686 of its ordinary shares by American International Group at a price to the public of $49.00 per ordinary share. In connecti...
Embraer has priced an offering of US$1.0 billion notes due 2025 with yield of 5.091% per annum, issued through its wholly-owned subsidiary Embraer Netherlands Finance B.V. The notes will be fully and ...
US overcapacity fears have been stoked again this week and Airlines stocks fell again yesterday after American lowered its second-quarter forecast. In midday trading, shares of American Airlines Group...
Southwest Airlines flew 10.2 billion revenue passenger miles (RPMs) in May 2015, an 8.5 percent increase from the 9.4 billion RPMs flown in May 2014. Available seat miles (ASMs) increased 7.6 percent...
During the month of May, LATAM Airlines’ system passenger traffic increased by 1.4% while capacity increased by 2.1%. As a result, LATAM’s load factor for the month decreased 0.5 points to 82.4%. Inte...
United Airlines’ May 2015 consolidated traffic (revenue passenger miles) increased 0.5 percent and consolidated capacity (available seat miles) increased 2.1 percent versus May 2014. United’s May 2015...
Kuwait Airways has taken delivery of the first Airbus A330-200 aircraft under a leasing arrangement with the International Air Finance Corporation (IAFC). The delivery of the first aircraft, facilitat...
Emirates Airline is rumoured to be considering an order for as many as 15 777-300ERs, a move that would help Boeing transition to the new 777X no doubt. ...
Kuwait's government has approved a new structure for the privatisation of Kuwait Airways under which the state will own 75% of the carrier. Under the new proposal, approved by Transport Minister Issa ...
Qatar Airways CEO Akbar Al Baker has called for IATA to stand up against protectionism. IATA Director General and CEO Tony Tyler said it was “no secret” that there were “underlying tensions in our ind...
The UK’s Unite union has begun preparing civil personal injury claims against a number of British airlines on behalf of 17 current and former cabin crew members who believe they have been poisoned by ...
This week a team of British scientists will unveil a major technological advancement – billed as a crucial step in the emerging scientific field – at a Royal Society meeting in London. The research, w...
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