Castlelake has priced its $819.75 million aircraft asset backed securities (ABS) on February 7, 2025. The issuance consists of A, B, and C notes. The transaction marks Castlelake’s return to the marke...
Chris Buchanan has been appointed to Reed Smith's global Transportation Industry Group from King & Spalding where he was a partner in the finance practice.Reed Smith’s global Transportation Industry G...
Divers from the US Federal Bureau of Investigation (FBI), are continuing to search the Potomac River for additional aircraft debris from both American Airlines CRJ700 and a US Army Black Hawk helicopt...
Frontier Airlines fourth quarter 2024 revenues totalled a record $1bn, up from $891 million a year prior. Operating expenses totalled $957 million during the quarter, up from $894 million in the equiv...
Engine maintenance, repair and overhaul (MRO) service provider StandardAero has signed a definitive 15-year agreement with a “major” Middle Eastern airline to provide aftermarket services for CFM Int...
The president and CEO of Mexican carrier Volaris said the airline experienced a decline in traffic to the US during the second half of January, due to geopolitical uncertainty.“In the second half of J...
Delta Air Lines declared a quarterly dividend of $0.15 per share on February 6, 2025. The dividend it payable to shareholders on record on February 27, 2025, and will be paid on March 20, 2025. Delta ...
Canadian aircraft manufacturer Bombardier has deferred its 2025 guidance due to a number of executive orders signed by President Trump regarding tariffs on Canada.The Trump administration passed three...
Embraer's backlog reached $26.3bn in the last quarter of 2024, increasing 16% versus the previous quarter, as well as up 40% on the fourth quarter of 2023. The manufacturer's commercial aviation segme...
Honeywell International is to split into three independent businesses, spinning off its aerospace division from its automation business, while progressing with previously announced plans to separate i...
The right wing of a Japan Airlines 787-9 collided with the tail of a parked Delta 737-800 at Seattle Tacoma International Airport on February 5, 2025, while the Dreamliner from Tokyo was taxiing to it...
The US National Transport Safety Board (NTSB) has confirmed that wreckage from American Airlines flight 5342 has been transferred to a secure location for a full wreckage layout and examination. This ...
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