ALC SHARES CLOSE UP ON FIRST DAY OF TRADING
ALC’s IPO sold 30.3 million Class A shares, 5.3 million more than anticipated, at the midpoint of its $25-to-$28 price range. JP Morgan and Credit Suisse managed the offering. ALC has 46 commercial ai...
ALC’s IPO sold 30.3 million Class A shares, 5.3 million more than anticipated, at the midpoint of its $25-to-$28 price range. JP Morgan and Credit Suisse managed the offering. ALC has 46 commercial ai...
American Airlines flight attendants are picketing 10 US airports today in protest of the $100 million paid to top executives over six years even though they agreed to $340 million in annual concession...
Transportation Secretary Ray LaHood has stated that the crash of two aircraft on the taxiway at New York’s JFK airport last week was due to human error, although he did not specify whether it was pilo...
Analysts have stated that Boeing shares are undervalued and could be poised to climb by 35% over the next year or two, thanks to a big upturn in aircraft orders. The April 18 Barron’s report says worr...
Bad news for airlines but good news for passengers as the US Department of Transport looks to propose laws that require airlines to pay back baggage expenses when bags are lost or delayed. It would re...
V Australia has chartered an Air New Zealand Boeing 747 to ferry passengers home from LA after the airline’s Los Angeles-Sydney flight VA02 made an emergency aborted takeoff at LAX airport last night....
Macquarie AirFinance has leased an A320-200, MSN 2204, to Volaris on April 14. It was formerly on lease to White Airways. It has also leased a 737-800 to Caribbean Airlines, MSN 30720, on April 5. T...
The amount of freight carried by the for-hire transportation industry declined 1.5% in February from January, falling after two consecutive monthly increases, according to the U.S. Department of Trans...
American Airlines has filed an antitrust lawsuit in US district court in Texas against the travel website Orbitz.com and the distributor of its booking information. The airline accuses the company of ...
Europe was the United States to ease restrictions on foreign ownership of airlines, which is currently limited to 255 of voting stock. In Washington DC, European Commission Vice President Siim Kallas ...
Transportation Secretary Ray LaHood and Federal Aviation Administration (FAA) Administrator Randy Babbitt announced yesterday that effective immediately the FAA will place an additional air traffic co...
Boeing has expanded its Landing Gear Overhaul and Exchange Program to cover the 777-200LR (Longer Range), 777 Freighter and 777-300ER (Extended Range) airplanes to provide more customers with greater ...
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