ALC inks jumbo term loan
Air Lease Corporation (ALC) has closed a $966.5million unsecured three year term loan, which has been syndicated to a diverse group of lenders based in Asia. The term loan was arranged by Sumitomo Mit...
Air Lease Corporation (ALC) has closed a $966.5million unsecured three year term loan, which has been syndicated to a diverse group of lenders based in Asia. The term loan was arranged by Sumitomo Mit...
Pratt & Whitney has received certification from the US Federal Aviation Administration (FAA) for the company’s GTF engine that will power the A321XLR aircraft.The engine type certificate, granted on D...
Honeywell’s board of directors are weighing up a potential separation of the company’s Aerospace business. A business portfolio evaluation launched earlier this year by chairman and CEO Vimal Kapur, a...
Azorra has delivered the first of four A220-300’s to Romanian airline AnimaaWings, with this being the first A220 to be operated out of Romania.Delivered from the lessor’s orderbook with Airbus, the a...
The Federal Aviation Administration's (FAA) administrator Mike Whitaker will be stepping down from his role on January 20, 2025 - coinciding with President-elect Donald Trump's inauguration. Whitaker ...
GA Telesis Engine Services (GATES SPAH) - a joint venture between GA Telesis and Air Transport Services Group (ATSG) - has received approval from the US Federal Aviation Administration (FAA) to add li...
The US Department of Transportation (DOT) has fined Ethiopian Airlines and Etihad for operating flights in regions where a Federal Aviation Administration (FAA) flight prohibition was in effect for US...
United Airlines is to expand its services between the US and Dublin, with the airline increasing capacity by an additional 40% during the summer period of 2025. Starting March 29, 2025, the airline wi...
Delta Air Lines has appointed Ecolab chairman and chief executive officer Christophe Beck to its board of directors, the airline said on December 13, 2024.“Christophe's extensive leadership experience...
Boeing plans to expand its operations at the 787 production site Charleston, South Carolina with a $1bn investment into the site's infrastructure. The company is aiming to increase the 787's productio...
Electric vertical takeoff and landing (eVTOL) aircraft developer Archer Aviation raised $430 million in additional equity capital, the company said on December 12, 2024. The move was part of its new p...
US airlines carried 77.5 million systemwide passengers - both domestically and internationally - in September 2024, according to a report from the US Bureau of Transportation Statistics (BTS) on Decem...
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