The US Department of Transportation (DOT) has released its Air Travel Consumer Report (ATCR) on airline operational data for the month of June and the first six months of 2024. The report looks at are...
AerCap priced a jumbo bond on September 3, 2024. The issuance consists of $1.3bn of 4.625% senior unsecured notes due 2029 and $1.1bn of 4.950% senior unsecured notes due 2034. The 2029 notes are pric...
Archer Aviation has completed 402 test flights for its eVTOL aircraft Midnight this year, it said on September 3, 2024. This places its testing plans four months ahead of schedule. The over 400 fli...
Boeing stocks tumbled over 8% after a Wells Fargo analyst report downgraded the company to 'underweight', as cash flow limitations impede on its rating. With aircraft delivery delays and added cost...
Elliott Investment Management has now acquired a 10% ownership of Southwest Airlines, it said in a filing late on August 30, 2024. The activist investor now has a large enough stake to call for a s...
United Airlines said there are no disruptions to its operations as mechanics and flight attendants negotiate contracts. United aircraft maintenance technicians (AMT), represented by the Internation...
Hawaiian Airlines took delivery of its latest 787-9 Dreamliner in March and PK AirFinance provided the senior debt for the aircraft, while Novus’ Cedar Aviation Finance extended a junior mezzanine loa...
Data released by IATA shows that total passenger demand grew by 8% during the month of July, when compared to the same month of 2023. Similarly total capacity also saw an increase – up by 7.4% - when ...
Brazilian airline Azul claimed a recent Bloomberg article was ""misleading"" and that is in ""active negotiations with its main stakeholders"" to improve its equity structure. The structure was agreed...
The US Federal Aviation Administration (FAA) has selected APiJET to receive a $4.5 million grant to enhance its flight route optimisation technology Digital Winglets. The 'fuelling aviation's susta...
Private equity firm Onex Partners Opportunities Fund - a part of the Onex Corporation - has agreed to acquire aircraft parts supplier Farsound for an undisclosed amount. The company is a global sup...
The Canadian flag carrier Air Canada has introduced a flexible booking system for its customers, due to the possibility of a pilot strike in the coming weeks. The move comes as the airline continue...
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