ALC reports Q1 2021 results
Air Lease Corporation (ALC) has reported a 7.1% fall in revenue during the first quarter of 2021 to $474.8 million compared to the three months ended March 31, 2020. ALC stated that despite the contin...
Air Lease Corporation (ALC) has reported a 7.1% fall in revenue during the first quarter of 2021 to $474.8 million compared to the three months ended March 31, 2020. ALC stated that despite the contin...
Cargojet has reported total revenues for the quarter of $160.3 million compared to first quarter 2020 Revenues of $123.0 million. Gross Margin for the quarter was $45.3 million compared to first quart...
Atlas Air Worldwide has announced first-quarter 2021 net income of $89.9 million, or $3.05 per diluted share, compared with $23.4 million, or $0.90 per diluted share, in the first quarter of 2020. On ...
Achieving carbon neutrality by 2050, reducing emissions through new technologies and protecting iconic ecosystems in South America, are some of the commitments included in LATAM’s new Sustainability S...
Embraer has signed a long-term Pool Program Agreement with the U.S. carrier Breeze Airways to support a wide range of repairable components for the airline’s E190s and E195s fleet. The agreement inclu...
CFM International’s LEAP engine fleet has surpassed 10 million engine flight hours and five million flight cycles in less than five years of commercial service. Since the first LEAP-powered flight ent...
Fitch Ratings has downgraded Air Canada's 2013-1 class A certificates to 'BBB' from 'A-' and affirmed the airline's other three existing EETC transactions rated by Fitch, including eight tranches. Fit...
Bombardier business jet revenues during the first quarter of 2021 totalled $1.3 billion, an 18% year-over-year increase. This increase was mainly driven by an improved mix of large-cabin aircraft deli...
A New York bankruptcy judge has given Aeromexico permission to amend an order with Boeing signed in 2012, with related financing agreements entered into in 2017 and March 2020. Aeromexico indicated to...
Spirit Airlines received $371.3 million from an issuance of 10,594,073 shares of its common stock to holders of its 4.75% convertible senior notes due 2025. Spirit used $368.7 million of the net proc...
On April 29, 2021, Alaska Air Group, finalized agreements with the US Treasury and accepted partial disbursement of funds through an extension of the Payroll Support Program of the American Rescue Pla...
On March 25, 2021, KBRA affirmed the A- issuer and senior unsecured debt ratings for Aviation Capital Group (ACG). The Outlook on the ratings is Negative. KBRA stated that ACG’s ratings reflect the co...
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