GE has reported a fall in second quarter revenues by 24% to $17.7bn, down 20% on organic revenue to $16.3bn. Both GE Aviation and GE Capital Aviation Services (GECAS) have been hit hard by the global ...
Hawaiian Airlines has made a $107 million loss in Q2 with the company’s chief executive laying the blame firmly on the ongoing COVID 19 pandemic. "Our second quarter results reflect the continued impa...
Boeing reported a $2.4 billion loss for Q2, and the firm is planning to slow production in its commercial aircraft division as COVID 19 hits aircraft demand. The US airframe maker reported Q2 revenue ...
KBRA Europe is downgrading three Aviation ABS securities from START III and removing them from Watch Placement Status, where they were initially placed on 30 April 2020. START III is an Aviation ABS t...
Wizz Air shareholders have voted down its directors’ executive pay for the year. Jozsef Varadi, chief executive at the central European LCC was set to receive a $619,000 bonus despite Wizz Air missin...
AerCap reported a fall in second quarter net income to $246 million from $331 million for the same period year-on-year, with the lessor saying this was primarily driven by lower basic lease rents and ...
Southwest Airlines is back in the market with a $1bn bond issuance comprising $300 million senior five-year 5.250% notes, due 2025, and $700 million seven-year 5.125% notes, due 2027. The five year n...
Hawaiian Airlines has launched a two-tranched $262 million Enhanced Equipment Trust Certificates (EETC) offering, secured by eight Airbus aircraft. The offering comprises: $216.976 million class A not...
Alaska Airlines has posted a net loss of $439 million in Q2 the second with the carrier attributing this to the ongoing COVID 19 pandemic. Alaska Airlines grounded 89 mainline aircraft from their flee...
JetBlue has posted a pre-tax Q2 loss of $450, versus income of $236 million for the same period in 2020. Revenue in Q2 for the US carrier fell 90% year-on-year as a result of the impact of COVID-19. T...
Crédit Agricole CIB successfully closed the financing of one Airbus A350-900 aircraft operated by Air France on July 27. The financing is structured as a JOLCO financing with CA-CIB acting as overall ...
A US judge has granted carrier Aeromexico the right to return at least 19 leased aircraft as part of its bankruptcy restructuring process, according to court documents published late last week. Last m...
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