Spirit Airlines’ stock surged over 60% in pre-market trading after it revealed it had borrowed the entire amount of its $300 million revolving credit facility in a stock filing published on October 18...
Embraer delivered a total of 57 aircraft during the third financial quarter of the year, an increase of 33% when compared to the same period of last year and an increase of 24% in comparison to the pr...
As the machinist strike at Boeing pushes beyond a month, the US-based OEM has made its third offer: a 35% general wage increase over the four-year contract. The striking workers’ representative IAM Un...
Aviation Capital Group (ACG) closed a $1bn unsecured facility.The facility is comprised of a $500 million term loan facility and a $500 million revolving credit facility and was syndicated to 23 lende...
Azorra has closed an offering of $550 million of senior unsecured notes and entered into a $464 million Term Loan B facility.The lessor issued $550 million 7.750% senior unsecured notes due 2030. The ...
Spirit AeroSystems is to implement a 21-day furlough for 700 employees working on the 767 and 777 programs.In a statement the company said: “These furloughs are in combination with a series of other c...
Alternative asset manager Wafra has acquired Aquilia Air Capital from Warburg Pincus. As part of the acquisition, Wafra will acquire a controlling interest in Aquila and provide substantial capital to...
Flight attendants at Frontier Airlines – represented by the Association of Flight Attendants (AFA) – have voted to authorise a strike. Out of 92.7% 0f Frontier flight attendants participating in the v...
Southwest Airlines has entered a supply agreement with Valero to provide sustainable aviation fuel (SAF) at Chicago Midway International Airport (MDW) and is the largest SAF supply agreement to take p...
Elbe Flugzeugwerke GmbH (EFW) – centre for Airbus Passenger-to-Freighter (P2F) conversions and joint venture by ST Engineering and Airbus – has received validation of its supplement type certification...
Global Air Cargo – a subsidiary of ECS Group – has formed a partnership with Air Serbia in order to enhance cargo operations across the US.Since October 1, 2024, Globe Air Cargo has exclusively repres...
American Airlines has received tentative approval to begin a daily service between San Antonio International Airport (SAT) and Washington Reagan National Airport (DCA) by the US Department of Transpor...
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