FITCH AMR/AA RATINGS UPDATE
Fitch Ratings has affirmed the debt ratings of AMR Corp. and its principal operating subsidiary American Airlines, Inc. as follows: AMR: Issuer Default Rating (IDR) at ‘CCC’; Senior Unsecured Rating a...
Fitch Ratings has affirmed the debt ratings of AMR Corp. and its principal operating subsidiary American Airlines, Inc. as follows: AMR: Issuer Default Rating (IDR) at ‘CCC’; Senior Unsecured Rating a...
Boeing is to increase production from two to 2.5 aircraft per month on its Everett, Washington final assembly line this summer, as it seeks to bring its second Charleston, South Carolina factory onlin...
Chicago is planning to go ahead with its plans to issue about $1 billion of bonds for O’Hare International Airport during the week of April 18. The third lien general airport revenue bonds are planned...
Hawaiian Airlines and Korean Air are uniting in a new frequent flyer program. The two airlines announced Wednesday that members can earn frequent flyer miles on flights operated by both carriers. Trav...
AirTran Airways shareholders voted yesterday to sell the airline to Southwest for $1.4 billion. More than 98.6% of shareholders voted, with 77.5% voted for the sale. The deal still needs to be approve...
Gary Kelly, CEO of Southwest Airlines has once again called on Boeing to give some indication this year on the possibility of a narrowbody replacement being launched by the US manufacturer. “It remain...
Following on from our news feature on Monday morning: Southwest traffic in February rises despite continuing fare increases. The airline flew 13% more customers last month than in the previous year. H...
Shares of Boeing Co gained more than 3% yesterday after the successful 747-8 first flight. Boeing shares were up 3% at $71.17 on the New York Stock Exchange. ...
United Airlines has reached a tentative agreement with the International Brotherhood of Teamsters, which represents about 5,500 mechanics. “We are pleased that, following our merger, the new United is...
Two sick flight attendants caused a US Airways flight headed to Philadelphia to make an unscheduled landing in Chicago on Saturday. The A320 aircraft had taken off from San Francisco. Passengers wer...
American Airlines is raising the base cost of a return trip by $10 to offset rising fuel prices – the seventh rise this year from a US airline. Delta, JetBlue Airways and AirTran Airways have confi...
Lufthansa Technik Philippines extended its maintenance contract with AirAsia X covering light C checks this year on the carrier’s Airbus fleet. ...
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