In an effort to help restore confidence to the flying public, GA Telesis has teamed with Honeywell and entered into a distribution agreement to act as a global distributor for its UV Aircraft Cabin Cl...
Wheels Up has launched Wheels Up Aircraft Management, a new group formed through the strategic integration of recently acquired Delta Private Jets and Gama Aviation Signature to create one of the larg...
Allegiant Travel Company has agreed to sell $150 million 8.5% senior secured notes due 2024 at par to investors in a private offering. The notes are expected to be issued on October 7, 2020. Each of ...
Fitch Ratings has downgraded American Airlines to 'B-' from 'B'. The rating agency says that the downgrade is driven by a slower than expected rebound in air travel related to the coronavirus pandemic...
SkyWest has entered into a $573 million five-year loan and guarantee agreement with the US Treasury Department under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). On September 29...
On September 30, 2020, Southwest Airlines received additional Payroll Support from the US Treasury in the amount of $94.345 million for which it issued the Treasury with a warrant to purchase up to 77...
Alaska Airlines will partner with Carbon Health to offer rapid COVID-19 testing at its pop-up clinics across the West Coast, starting Oct. 12 in Seattle. Hawaii will begin to welcome back visitors on ...
Spirit AeroSystems, which designs and builds aerostructures, has raised $500 million in a new private notes offering of 5.500% senior secured first lien notes due 2025. The offering was increased to $...
American Airlines is collaborating with several foreign governments to begin offering preflight COVID-19 testing for customers traveling to international destinations, starting with Jamaica and the Ba...
Caribbean Airlines has announced temporary measures to support its recovery by streamlining expenses and managing cash. The airline is initiating a reduction in salary for a period of eight months fro...
Aeronautical Engineers, Inc. (AEI) has entered an agreement to provide Aviation Holdings III Investments, with its fourth 737-800SF freighter conversion. This news follows an order for 3 AEI B737-800S...
Hawaiian Airlines has borrowed $45 million under a new loan agreement with the US Treasury, which permits additional borrowing of up to $240 million. The proceeds from the facility will be used for ce...
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