JetBlue raises third quarter revenue guidance
JetBlue raised its third quarter revenue guidance on September 5, 2024. Strong summer bookings coupled with the IT outages impeding on its competitors' operations had driven the stronger revenues. Cur...
JetBlue raised its third quarter revenue guidance on September 5, 2024. Strong summer bookings coupled with the IT outages impeding on its competitors' operations had driven the stronger revenues. Cur...
Aerovias de Mexico, a subsidiary of Aeromexico), closed a syndicated credit facility for an amount of $200 million in revolving mode with a term of three years. It marks Aeromexico's successful return...
Electra - a hybrid-electric short takeoff and landing (eSTOL) aircraft developer - has appointed Boeing veteran as its newest CEO. "Electra is at the forefront of revolutionising air travel with its d...
Oxylus Energy closed its $4.5 million series seed investment co-led by Toyota Ventures and Azolla Ventures with participation from Earth Foundry and Connecticut Innovations. “We are thrilled to suppor...
The US Department of Transportation (DOT) has released its Air Travel Consumer Report (ATCR) on airline operational data for the month of June and the first six months of 2024. The report looks at are...
AerCap priced a jumbo bond on September 3, 2024. The issuance consists of $1.3bn of 4.625% senior unsecured notes due 2029 and $1.1bn of 4.950% senior unsecured notes due 2034. The 2029 notes are pric...
Archer Aviation has completed 402 test flights for its eVTOL aircraft Midnight this year, it said on September 3, 2024. This places its testing plans four months ahead of schedule. The over 400 fli...
Boeing stocks tumbled over 8% after a Wells Fargo analyst report downgraded the company to 'underweight', as cash flow limitations impede on its rating. With aircraft delivery delays and added cost...
Elliott Investment Management has now acquired a 10% ownership of Southwest Airlines, it said in a filing late on August 30, 2024. The activist investor now has a large enough stake to call for a s...
United Airlines said there are no disruptions to its operations as mechanics and flight attendants negotiate contracts. United aircraft maintenance technicians (AMT), represented by the Internation...
Hawaiian Airlines took delivery of its latest 787-9 Dreamliner in March and PK AirFinance provided the senior debt for the aircraft, while Novus’ Cedar Aviation Finance extended a junior mezzanine loa...
Data released by IATA shows that total passenger demand grew by 8% during the month of July, when compared to the same month of 2023. Similarly total capacity also saw an increase – up by 7.4% - when ...
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