Fitch Ratings has upgraded Delta Air Lines' Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+'. Fitch has also upgraded Delta's Seattle project bonds to 'BBB-' from 'BB+' and affirmed the 2007...
AerSale, a global supplier of aircraft, engine, and OEM (Original Equipment Manufacturer) used serviceable materials, had added two new executive team members as the company seeks further expansion in...
PEMCO World Air Services (PEMCO) has announced the redelivery of another 737-300 freighter aircraft (MSN 28972) to China-based SF Airlines, the air cargo division of S.F. Express. Performed by partner...
FedEx’s planned $4.8 billion takeover of TNT Express will settle on May 25. FedEx has stated that 88.4% of all TNT shareholders have accepted the terms of the deal that comes with an offer price of €8...
Aeronautical Engineers, Inc. (AEI) has signed an agreement to provide up to 30 twelve pallet position B737-800SF conversions with an undisclosed customer. The agreement calls for 15 firm orders with a...
Airlines for America (A4A) is predicting that 231.1 million passengers will fly on US airlines between June 1 and August 31, which is a 4% increase from the previous high set last summer. The trade gr...
In accordance with their stated aims, Aircastle and Japanese general leasing company IBJ Leasing, are preparing to buy up to 10 aircraft from airlines. The joint venture, 25% owned by Aircastle and th...
The Department of Transportation has been awarded one of six slots of Tokyo’s Haneda Airport to Hawaiian Airlines, which will an overnight route from Honolulu and Kona, Hawaii. Five more daytime slots...
GE Capital Aviation Services (GECAS) is forging ahead with its inaugural 737-800NG passenger-to-freighter conversion with Miami-based Aeronautical Engineers, Inc. (AEI), which was announced at the Par...
New start-up airline, Air Costa Rica, has sent its first aircraft, a 737-300, into Cooperativa Autogestionaria de Servicios Aeroindustriales (Coopesa) for maintenance work ahead of its July launch dat...
Allegiant Air has agreed to purchase four additional A319s from Philippines-based low-cost carrier Cebu Pacific. The aircraft in this agreement are scheduled for delivery in 2017 and 2018. Allegiant p...
Air Lease Corporation (ALC) has delivered one new Airbus A320-200 to Frontier Airlines, the first of two new Airbus A320-200 aircraft deliveries on long-term lease from ALC’s order book with Airbus. T...
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