AMR and US to issue addition stock
AMR and US Airways have announced that they intend to issue 100 million more shares of “capital stock and preferred stock” than originally planned. The merged airline will have authorization for 1.7...
AMR and US Airways have announced that they intend to issue 100 million more shares of “capital stock and preferred stock” than originally planned. The merged airline will have authorization for 1.7...
FLYHT Aerospace Solutions has signed a contract with a scheduled Maldivian airline for the Automated Information Reporting System (AFIRS) 220 and 228B. The contract requires FLYHT to install the AF...
ITA Software has announced its withdrawal from the airline reservations business. “We’re discontinuing the Passenger Services System (PSS) for airlines,” reads a statement on its website. “We’re doi...
Boeing and Southwest Airlines have launched the 737 MAX 7, the third member of the 737 MAX family. The Dallas-based carrier and launch customer for the 737 MAX program became the first airline to or...
Boeing and General Electric have notified airlines about a potential problem on 777 GE90-115B engines involving the 118 transfer gear boxes on engines made between September and March. Airlines have...
JetBlue Airways and Emirates have announced their intent to expand their current partnership to include bilateral code sharing, pending FAA and DOT regulatory approval and subject to receipt of fore...
Southwest Airlines has significantly increased its quarterly dividend to $.04 per share from $.01 per share. Annualized, this amounts to over $100 million. The increase in the quarterly dividend w...
WestJet has announced the departure of Cam Kenyon, WestJet Executive Vice-President, Operations, effective July 20, 2013. "Cam has been an integral part of the WestJet team since his arrival in Januar...
Zacks reissued their neutral rating on shares of Southwest Airlines. Zacks currently has a $15.00 price target on the stock. Zacks’ analyst wrote: “We are maintaining our Neutral recommendation on Sou...
Short interest in Delta has gone through the roof recently, settlement dates between April 15 and April 30 showed a big up-tick in Delta interest, also the number of shares sold short in United Contin...
Delta Air Lines had its price target lifted by Cowen Securities from $19.00 to $23.00 in a research note. They currently have an outperform rating on the stock. Analysts at Imperial Capital have also ...
The Export-Import Bank of the United States (Ex-Im Bank) has approved a Final Commitment for a $45.5 million loan guarantee to VRG Linhas Aereas (GOL), a Brazilian airline. The Ex-Im Bank supported fi...
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