Spirit AeroSystems and Ethiopian Airlines have signed of a supply agreement whereby Spirit Aftermarket Customer Support (ACS) will provide thrust reverser, fuselage, and wing component spare parts for...
Air Lease Corporation has commenced an offer to exchange up to $1.0 billion aggregate principal amount of its outstanding 5.625% Senior Notes due 2017 for the same principal amount of 5.625% Senior No...
Three of Europe’s largest airlines have ruled themselves out of the bidding to buy Portuguese state-owned airline TAP. Air France-KLM Group, Deutsche Lufthansa and British Airways parent IAG all faile...
Shares of Chorus Aviation, which operates 131 aircraft for Air Canada under the Jazz brand, fell by nearly 10% on Wednesday following a warning that the company may have to cut its dividend, after an ...
Hawaiian regional carrier Island Air has appointed Les Murashige as president, and Lesley Kaneshiro as chief financial officer. "We are pleased to welcome Les back to the Island Air family," said owne...
Yesterday Oaktree Capital Group succeeded in selling its stake in Jackson Square Aviation for 100 billion yen to Mitsubishi UFJ Lease & Finance Company Limited (MUL), the global leasing company headqu...
The US Federal Aviation Administration (FAA) is proposing a civil penalty of $400,000 against Atlanta, Ga.-based Atlantic Southeast Airlines (ASA), for allegedly operating a Bombardier regional jet af...
A preliminary investigation into the power failure of a GE Aviation GEnx-2 engine on board a AirBridge Cargo Boeing 747-8 freighter during takeoff roll at Shanghai Pudong International Airport on Sept...
GE Aviation is developing a new turboprop engine, the CPX38, for 70-90-seat turboprops. Because the engine is based on the GE38 core it could enter the market by the end of the decade—or within three ...
Air Lease Corporation (ALC) has announced the closing of its previously announced offering of $450 million aggregate principal amount of 4.50% senior unsecured notes due 2016. The 144A notes offering ...
Southwest Airlines has declared that it is not yet ready to publicly discuss a timeline for introducing services to Hawaii. However the airline is setting in motion plans to allow such a move includin...
Pinnacle Airlines Corp. which filed for Chapter 11 bankruptcy protection on April 1, is continuing to lose money as it restructurers. In its August monthly operating report filed with the US Bankruptc...
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