Following in the footsteps of United, Delta and Spirit, Hawaiian Airlines is leveraging its own loyalty and brand assets to raise $800 million in order to repay its CARES Act loan. Speaking on the air...
American Airlines Group has reported a 64% decline in fourth-quarter revenue to $4bn, and a net loss of $2.2bn. The airline posted a full year 2020 net loss of $8.9bn (excluding net special items the ...
Southwest Airlines has reported a fourth quarter net loss of $908 million, and a full year 202 net loss of $3.1bn. Fourth quarter 2020 total operating revenues decreased 64.9% to $2bn, as a result...
The Association of Airmen Pilots (ASPA) voted to accept cuts amounting to $350 million over four years on collective bargaining pacts in negotiations required for Mexico's Grupo Aeromexico to win a ...
Aircraft operating lease ABS transactions issued prior to 2021 have two structural elements that expose senior investment-grade class A notes to elevated concentration risks, Fitch Ratings says. These...
The aviation asset backed securitisation (ABS) market has been effectively closed for the past 10 months as investors and leasing companies grappled with the impact of the coronavirus pandemic on the ...
Boeing has entered into an agreement with the US Department of Justice (DOJ), which resolves the Department’s investigation into the company relating to the evaluation of the Boeing 737 MAX airplane b...
Air Canada has appointed Amos Kazzaz as Executive Vice President and Chief Financial Officer, effective February 15, 2021. Kazzaz is currently the airline's Senior Vice President, Finance, and is base...
Air Canada has priced its previously announced overnight marketed public offering of 35,420,000 Class A Variable Voting Shares and/or Class B Voting Shares of the company at a price to the public of C...
Southwest states that it continues to experience significant year-over-year negative impacts to passenger demand and bookings due to the COVID-19 pandemic. Following several months of modest improveme...
Holland & Knight has appointed Jeffrey Wool as its director of international law and policy. The appointment is effective on January 1, 2021. Wool serves as the secretary general of the Aviation Worki...
The US Congress has supported a new government aid package to support the airline industry, focused on recalling furloughed workers and help cover payrolls through March. The $748 billion bipartisan p...
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