Aeromexico files $1 billion DIP motion
Aeroméxico has filed a $1billion debtor-in-possession (DIP) financing motion for funds from Apollo Global Management, as part of moves to strengthen the carrier’s liquidity as it navigates Chapter 11 ...
Aeroméxico has filed a $1billion debtor-in-possession (DIP) financing motion for funds from Apollo Global Management, as part of moves to strengthen the carrier’s liquidity as it navigates Chapter 11 ...
Earlier this year, JetBlue committed to achieving carbon neutrality on all domestic flying and on July 1 it started offsetting its jet fuel carbon dioxide emissions from these flights. JetBlue is also...
GECAS signed an agreement with Boeing converting 11 737-800 Boeing Converted Freighter (BCF) options to firm orders and adding nine additional options to the GECAS Cargo order book. This agreement m...
PrecisionHawk has been awarded two patents for technologies it has developed for unmanned aircraft system traffic management (UTM). The patents, titled ‘Automated Unmanned Air Traffic Control System,’...
Shareholders of Brazilian carrier Azul have approved in the agreement to leave TAP, including the elimination of rights to convert bonds into shares. The elimination of the rights to convert the bonds...
Aeromexico is looking will renegotiate the leasing terms and debts for its aircraft, including those with Boeing, according to local media reports. Aeromexico is looking to appoint Connecticut-based ...
Florida-based cargo provider Western Global Airlines is set to enter the junk bond market for the first with issuance of $410 million of senior unsecured notes due in 2025. Western Global intends to u...
Alaska Airlines has taken the unusual step is launching a two-day Buy One, Get One Free (BOGOF) sale as the carrier looks to restore confidence in flying by encouraging passengers to book a row to the...
The U.S. Department of Transportation’s Federal Aviation Administration (FAA) proposes two civil penalties totalling $1.25 million against Boeing for alleged violations in the program that allows the ...
Virgin Atlantic was in court in the UK yesterday for a hearing regarding its solvent recapitalisation plan announced last month. During the court proceedings, Virgin Atlantic’s disclosed that is has f...
AerFin is delighted has appointed Matt Millbank as its new Regional Business Development Manager for the Americas, further strengthening its position in the region. Matt has over 35 years’ experience ...
United Airlines today announced it plans to resume service on nearly 30 international routes in September, including flights to Asia, India, Australia, Israel and Latin America and to continue to add ...
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