Canadian airlines begin merger talks
First Air and Canadian North are reported to be beginning talks concerning a possible merger. Both are Canadian passenger and cargo airlines serving northern Canada. Makivik Corporation and NorTerra, ...
First Air and Canadian North are reported to be beginning talks concerning a possible merger. Both are Canadian passenger and cargo airlines serving northern Canada. Makivik Corporation and NorTerra, ...
Moody's has raised its ratings assigned to JetBlue Airways to B2 from B3, Probability of Default to B2-PD from B3-PD and Speculative Grade Liquidity to SGL-2 from SGL-3. Moody's also upgraded the seni...
US Airways Express president Dion Flannery will take over as president and chief executive of PSA Airlines following the retirement of Keith Houk on August 31. Houk will remain at the airline until th...
The Washington Ronald Reagan National Airport has reported a 4% drop in passenger numbers during February 2014. The airport served 1.4 million passengers during the month, which were almost all domest...
Air Canada has completed its previously announced private offering of US$400 million of 7.75% senior unsecured notes due 2021. Air Canada received net proceeds of approximately C$432 million from the ...
NORDAM and GE Capital Aviation Services’ (GECAS) Asset Management Services unit have announced a new cooperative initiative to provide airline customers with enhanced options for flight controls. The ...
During the first quarter of 2014 (1Q14), Embraer delivered 14 jets to the commercial aviation market and 20 to the business aviation market, for a total of 34 aircraft, compared to 29 aircraft delive...
Aircraft remarketing specialist Cabot Aviation has arranged the acquisition of a Boeing 767-300ER for client Wings Aviation, the Lessor to Fly Jamaica Airways. The aircraft, msn 24876, was acquired fr...
A new start-up airline based in Florida is betting on using larger aircraft to enable it to reduce fares and mount some serious competition to its low-cost rivals. By operating a 747, reconfigured wit...
LATAM Airlines carried 1.6% more passengers in March 2014 than it did in the same month a year-ago. Brazilian domestic passenger traffic increased 6.5%, while non-Brazil domestic passenger traffic ros...
Research analysts at Cowen and Company have set an “outperform” rating on Air Canada stock and placed a C$10.50 price target on the shares. Raymond James analyst raised their price target on shares of...
Air Canada has priced its previously announced private offering of senior unsecured notes. The offering was upsized from the previously announced US$300 million aggregate principal amount as Air Canad...
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