Allegiant inks new PDP facility
On November 1, 2023, Allegiant Travel Company and its subsidiary, Allegiant Air, entered into a credit facility with Runway Seven Lender, an entity managed by Carlyle Aviation Management involving ful...
On November 1, 2023, Allegiant Travel Company and its subsidiary, Allegiant Air, entered into a credit facility with Runway Seven Lender, an entity managed by Carlyle Aviation Management involving ful...
On November 6, 2023, Delta Air Lines, entered into an amended and restated credit agreement. JPMorgan acted as administrative agent and collateral agent for the lenders. The A&R Credit Facility ref...
Aquila Air Capital (Aquila), a lessor focused on end-of-life solutions, says that it has closed a $100 million financing for an unnamed beneficiary. The financing, Aquila says, it aimed at increasin...
Spirit AeroSystems has commenced an offer to purchase for cash any and all of the $1.2 billion outstanding principal amount of its 7.500% senior secured second lien notes due 2025. The offer is subje...
American Airlines continues to build its direct international network with a new service to Tulum, Mexico (TQO), launching next spring. Separately, American has submitted an application to the U.S. De...
Chorus Aviation, which owns aircraft lessor Falko, has reported third quarter net income of $17.1 million – a fall of $6.4million quarter-over-quarter. Colin Copp, President and Chief Executive Offic...
United Airlines has filed an application with the US Department of Transportation to add daily nonstop flights between Houston's Bush Intercontinental Airport and Tokyo's Haneda Airport to its interna...
Sun Country Airlines reported net income of $7.59 million on revenue of $248.9 million, up 12.6%, for its third quarter ended September 30, 2023. “Sun Country’s diversified business model continued t...
Global Crossing Airlines Group (GlobalX) reported third quarter 2023 revenue of $42.6 million with EBITDAR of $7.6 million. “GlobalX had another record quarter and achieved a new high in block hou...
Arajet, the low-fare airline in the Caribbean, officially launched its second route in Canada, with direct flights between Santo Domingo and Montreal. This new route further expands the airline’s netw...
Kenya Airways and its Nairobi hub have been awarded certificate of accreditation by IATA’s Safety Audit for Ground Operations (ISAGO) for outstanding ground handling services. This follows the success...
Embraer’s E195-E2 has received certification for Steep Approach into London City Airport (LCY) from EASA (European Aviation Safety Agency). This achievement is described as a “significant development”...
We're Social