Delta Air Lines has reported second quarter adjusted earnings per share of 43 cents, missing analysts’ estimates by a penny. Although revenue climbed 12% year over year to $9.15 billion, the airline’s...
Southwest Airlines will pay a dividend of half-cent per share on September 15 to all shareholders as of August 25. This will be the low-cost airline’s 140th straight dividend. The dividend amount has ...
Rand Merchant Bank has spent US$40 million (about 250 million rand) on three Bombardier Q400 aircraft bought from Flybe to be leased to SA Express as part of a concerted effort to grow its aviation po...
For the three months to the end of June, Boeing reported a net income increase of almost 20% to $941m against the same period last year, generating $1.25 earnings per share, up from $1.06 per share in...
Guggenheim Aviation Partners has closed a 12 year financing of one new B777-200F under an operating lease with TNT on July 22. The debt was provided by CA-CIB, DVB and Nord LB acting as joint arranger...
The government bailout of Air Namibia has increased to over N$1 billion with a promise from the Minister of Finance that this would be the last time as “their portion of funds is finished at the Minis...
DVB Bank has closed two separate finance facilities with Guggenheim Aviation Partners for two A330-200 aircraft on lease to Jet Airways and three B777-200ER aircraft on lease to American Airlines. The...
Spring Airlines aims to raise more than $1.2 billion in an initial public offering (IPO) in the first quarter of 2012. The budget Chinese carrier need to raise funds to help finance its expansion ambi...
Shares in Lan Airlines) rose 0.5% to 13,276 pesos in advanced of its scheduled second- quarter earnings report on July 27. ...
Discovery Air, a specialty aviation services company operating across Canada and in select locations internationally, has announced it has entered into an agreement to complete a private placement of ...
Air Namibia will be injected with N$1.2 billion in government funds over three years as part of the turnaround plan outlined by Finance Minister Saara Kuugongelwa-Amadhila. This is double the cost tha...
Mohamed Munir Abdul Majid, chairman of Malaysia Airline, will leave the airline on July 31 when his contract expires as part of its restructuring process. No reason was given for his departure. Bernar...
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