Net income falls for JetBlue in Q1
JetBlue Airways first quarter 2013 results show an operating income of $59 million, resulting in a 4.5% operating margin, compared to operating income of $89 million and a 7.4% operating margin in the...
JetBlue Airways first quarter 2013 results show an operating income of $59 million, resulting in a 4.5% operating margin, compared to operating income of $89 million and a 7.4% operating margin in the...
On April 23, 2013, JetBlue closed a $350 million three-year secured revolving credit and letter of credit facility. Citibank is the administrative agent. “We continue to enhance and optimize our liqui...
Etihad Airways and Air Canada have signed a Memorandum of Understanding (MoU) for a commercial cooperation agreement that will enhance travel services between the United Arab Emirates and Canada. Whil...
Southwest Airlines confirmed on April 2 that it has closed a $1bn revolving credit facility and has terminated the revolving credit facility dated April 28, 2011, which would have expired April 28, 20...
There was a story in the petro chemical industry earlier this year that we here noticed but only mentioned in passing in the depths of the daily news, now though it is worth drawing attention once aga...
The US Department of Transportation’s Federal Aviation Administration (FAA) has proposed a $4 million civil penalty against United Parcel Service (UPS) for allegedly maintaining four cargo aircraft im...
International Lease Finance Corporation (ILFC) has partially prepayment and amendment of its secured term loan entered into on February 23, 2012. This prepayment reduces the outstanding principal amou...
American Airlines has requested the bankruptcy court’s permission to sell $215 million worth of debt related to two packages of improvements to the company's leased Maintenance & Engineering Center at...
In early March, Willis Lease Finance Corporation closed one of the largest and most complex engine sale and leaseback transactions ever completed. The transaction involves the purchase and leaseback a...
Air Canada previously announced private offering of two tranches of enhanced equipment trust certificates (EETC) has been upsized by an additional tranches of US$108.264 million C notes. All three tra...
During the first quarter of 2013, United has refinanced its $1.2 billion term loan that matures in 2014 with a new $900 million term loan due 2019, and reduced the principal balance by $300 million in...
From March 31, Continental Airlines and United Airlines subsidiaries of United Continental Holdings will be merged under the United brand. ...
We're Social