Intrepid Aviation Group has launched its first capital market issuance. The $300 million issuance of senior notes due 2019 are co-issued by Intrepid’s wholly-owned subsidiary, Intrepid Finance. The No...
The Civil Aviation Administration of China (CAAC) has approved the launch of Shanghai-based Juneyao Airlines’ low-cost (LCC) subsidiary Jiuyuan Airlines. The new joint venture airline is set up with a...
Ratings agency Standard & Poor’s has affirmed its BB+ long-term issue rating and removed its creditwatch with negative implications on Qantas Airways. The agency has assigned a recovery rating of '3',...
TigerAir Australia has posted a loss of $16 million for the third quarter, which has contributed to a loss of $S18.5 million at Tiger Airways Holdings that owns 40% of the Australian carrier. The Aust...
Silver Airways has named Sami Teittinen as its new Chief Financial Officer. In his new role, Teittinen will direct and oversee all aspects of the airline’s financial activities and join a highly exper...
Oil Minister Rafael Ramirez says Venezuelans travelling abroad will have to pay a higher foreign exchange rate, determined by weekly currency auctions, and will no longer be allowed to obtain foreign ...
Aeromexico has announced the addition of three weekly night flights using its 787 aircraft. Through the 10 weekly flights that Aeromexico will now be offering between Madrid and Mexico City (7 of them...
United Airlines (UAL) has reported full-year 2013 net income of $1.084 billion, an increase of 84% year-over-year, or $2.84 per diluted share, excluding $513 million of special charges. Including spec...
Southwest Airlines has reported fourth quarter net income, excluding special items, of $236 million, or $.33 per diluted share, compared to fourth quarter 2012 net income, excluding special items, of ...
Ecuadorean airline Tame has suspended flights to Venezuela since the airline has not received over $43 million from the Venezuelan Central Bank in overdue payment since April 2013. As a result of the ...
Syrian airline Kinda plans to launch in March so long as the Geneva II peace talks are successful. The Damascus-based airline plans to fly to Amman, Beirut, and Dubai and Sharjah in the United Arab Em...
Cargolux Airlines International has announced that Robert van de Weg, senior vice president sales and marketing and as member of the executive committee, has resigned due to differences with the board...
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