Sky Airline to Pursue IPO for Continued Growth in Latin America
The Chilean low-cost carrier Sky Airline is nowadays seeking financial options to fit their investments needs in the near future. For that purpose, top management has embarked in a non-deal roadshow with local and international investment banks in Santiago, Rio de Janeiro and New York in order to review different options to raise new funds […]
American Airlines closing St. Louis pilot base
In a move that cuts one more link to long-defunct TWA, American Airlines will close its St. Louis pilot base in September, affecting 180 pilots who live in the region. The pilots who live in St. Louis will either have to commute to other cities or relocate after the base closes, American Airlines spokesman Matt […]
Island Air files for Chapter 11 bankruptcy protection
Island Air will file for Chapter 11 bankruptcy protection, but officials said ticketing and flights will continue as normal. The filing is needed, the airline said in a news release, «in an effort to continue normal operations while navigating through legal challenges recently presented by the lessors of its aircraft.» The airline added, «The bankruptcy […]
Middle East carriers"™ fleet size to more than double by 2036
The fleet size of operators in the Middle East is forecast to more than double from 1,250 to 3,320 aircraft over the next two decades, according to the Airbus Global Market Forecast. The Middle East will need some 2,590 new aircraft by 2036, for replacement of 520 older generation aircraft, and 2,070 aircraft for growth, […]
Boeing to Acquire Aurora Flight Sciences to Advance Autonomous Technology Capabilities
Boeing [NYSE: BA] plans to acquire Aurora Flight Sciences Corporation, a world-class innovator, developer and manufacturer of advanced aerospace platforms, under an agreement signed by the companies. Aurora specializes in autonomous systems technologies to enable advanced robotic aircraft for future aerospace applications and vehicles. «The combined strength and innovation of our teams will advance the […]
Air Canada and AAR Announce Signing a Five-Year MRO Contract with Air Canada for Boeing 767 Maintenance
Global aviation services leader AAR and Air Canada (TSX: AC) today announced they have signed a 5-year agreement to provide airframe maintenance for the airline’s fleet of 34 Boeing 767 at AAR’s Miami MRO facility. The contract will commence later this year and ramp up over three months. Air Canada’s Senior Vice President, Operations, Rich […]
SkyWest Inc. Announces Order of 25 New Aircraft, New Flying Agreements
SkyWest, Inc. today reported that it has entered into aircraft purchase agreements and capacity purchase agreements to acquire and fly 15 new aircraft with Delta Air Lines («Delta») and 10 new aircraft with Alaska Airlines («Alaska»), of which five aircraft with Alaska were previously discussed. Expected delivery dates of the 25 aircraft run from March […]
Air Canada Operating 24 Extra Flights for Customers Impacted by Hurricane Irma
Additional flights and larger aircraft represent 6,000 more seats In response to Hurricane Irma, Air Canada is operating a total of 24 additional flights to bring customers home early from the Dominican Republic (Puerto Plata, Punta Cana, Samana), Florida (Fort Lauderdale, Miami, and Orlando), Cuba (Varadero, Holguin, Havana and Cayo Coco), Antigua and Providenciales, as […]
Brazil airport privatisation: «Steak with bone» as the economy slowly recovers
A further round of concessions to privatise the operation of airports in Brazil is in the process of being announced. It comes just as the concessionaire of one of the first auctioned airports returns it to the government. The optimism with which the first concession round was greeted has given way to concerns that the […]
"‹Airbus to deliver first US-built A320 to Spirit Airlines this week
Airbus is readying to deliver the first A320 passenger jet built in the U.S., capping a global assembly footprint that now touches three continents. According to a report from Bloomberg, the delivery, which is going to Spirit Airlines Inc. (Nasdaq: SAVE), is scheduled for Friday, Aug. 25. The Miramar-based, low-cost airline touts its fleet as […]
