Aircraft lessor, Aircastle, has reported total revenue of $192.4 million for the three months to end September 2020 – down from $236.9million in the year-ago period. Net income fell to $5.8 million, w...
Mexican airline Interjet has resumed flights after having suspended all fights for three days due to cash flow and maintenance issues. The airline has pledged to pay wages owed its employees “as soon ...
Paul Jacobson, Delta Air Lines vice president and chief financial officer (CFO) has resigned his position with the airline to become the CFO of General Motors. His resignation will be effective as of ...
GA Telesis has been awarded an exclusive mandate from China Airlines to remarket and sell four Boeing 747-400 aircraft. The remarketing mandate will be executed by GA Telesis’ Aircraft Transaction Gr...
Mesa Air Group has entered into a five-year Loan and Guarantee Agreement with the US Treasury Department which provides the airline with a secured term loan facility to borrow up to $200 million under...
Global Jet Capital has closed its BJETS 2020-1 asset-backed securitisation (ABS), raising approximately $522 million. BJETS 2020-1 is Global Jet Capital’s fourth ABS offering, bringing total assets se...
Willis Lease Finance Corporation has reported third quarter total revenues of $70.6 million – a fall of 41.3% compared to $120.4 million in the same quarter of 2019. The engine lessor ended the quarte...
Fitch Ratings has downgraded Spirit Airlines' 2017-1 class AA enhanced equipment trust certificates (EETCs) to 'AA-' from 'AA'. The certificates remain on Rating Watch Negative. Fitch has affirmed Spi...
Air Transport Services Group (ATSG), which provides medium wide-body aircraft for lease, has reported a 10% increase in customer revenue during the third quarter of 2020 compared to the prior-year per...
Boeing has unveiled a sale of new bonds to help repay $2.8bn of debt. The airframe manufacturer is issuing four tranches of unsecured notes, for four years, six years, eight years and the longest port...
SkyWest has reported net income of $34 million, or $0.66 per diluted share for the third quarter of 2020, compared to net income of $91 million, or $1.79 per diluted share, for Q3 2019. The primary fa...
Global Crossing Airlines has signed an initial agreement with Spirit Airlines. Spirit will provide on-call and line maintenance for GlobalX, including daily and weekly checks, in support of the Global...
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