EMBRAER: Stock Rises 5% On News Of Joint-venture With Boeing
The shares of the Brazilian aircraft maker Embraer rose more than 5% amid a report that the company accepted a new partnership model proposition by Boeing. «The Brazilian and the American companies will create a third company, which will be in charge of the commercial operation of the aircraft manufacturer,» reported the O Globo newspaper. […]
Corporación America Airports S.A. Announces Pricing of Initial Public Offering
Corporación América Airports S.A. (NYSE: CAAP) ("Corporación América Airport" or the "Company"), a global airport operator, announced today the pricing of its initial public offering of 28,571,429 common shares of the Company at $17.00 per common share. The Company is selling 11,904,762 shares and the selling shareholder is selling 16,666,667 shares. In addition, the underwriters […]
New easyJet boss takes salary cut as airline faces gender pay gap
The new easyJet chief executive, Johan Lundgren, has voluntarily taken a £34,000 pay cut to match the salary of his predecessor, Carolyn McCall. The budget airline said Lundgren took the helm on 1 December on an annual salary of £740,000, but is now reducing it to the £706,000 McCall was on when she left last […]
GOL to convert common shares into preferred shares
GOL Linhas Aéreas Inteligentes S.A., (NYSE: GOL and B3: GOLL4), Brazil´s #1 airline, in compliance with article 12, paragraph 6, of the ruling No. 358, issued by Comissão de Valores Mobiliários (Brazilian Securities and Exchange Comission Rule) dated as of January 3, 2002, as amended, informs its shareholders and the market in general that it […]
Boeing, Aerolíneas Argentinas Celebrate Delivery of Airline’s First 737 MAX
Boeing (NYSE: BA) and Aerolíneas Argentinas today celebrated the delivery and commercial debut of the first 737 MAX airplane for the airline and for Latin America. Aerolíneas took delivery of the airplane, a MAX 8, in late November and flew the first commercial flight about a week later from Buenos Aires to Mendoza, becoming the […]
The Gol linhas aereas inteligentes sa (GOL) downgraded to "neutral" at bank of america corp
Gol Linhas Aereas Inteligentes SA (NYSE:GOL) was downgraded by equities research analysts at Bank of America Corp from a "buy" rating to a "neutral" rating in a report issued on Thursday, May 18th. A number of other equities analysts also recently weighed in on GOL. Deutsche Bank AG raised Gol Linhas Aereas Inteligentes SA from […]
Boeing Names Musser to Top Communications Post
Boeing [NYSE: BA] today named Phil Musser as the company’s next senior vice president of communications, succeeding Tom Downey, who has announced plans to step down from the role late this month and retire from the company early next year. Musser, 45, has more than 20 years of strategic communications and public relations experience, including […]
Avianca Holdings S.A. American (NYSE:AVH) Stock Closed 5.6% Above Its 50 Day Average
The stock is trading at $7.48 which is quite a bit higher than $7.08, the stock"™s 50 day moving average and which is a tad above the 200 day moving average of $7.21. The 50 day moving average was up by +5.62% and the 200 day average went up $0.27 or +3.71%. 41K shares changed […]
Gol Linhas Aereas Inteligentes S.A. (GOL) Raised to "Strong-Buy" at ValuEngine
ValuEngine upgraded shares of Gol Linhas Aereas Inteligentes S.A. (NYSE:GOL) from a buy rating to a strong-buy rating in a research report released on Monday. Several other equities analysts have also weighed in on GOL. Zacks Investment Research lowered shares of Gol Linhas Aereas Inteligentes from a strong-buy rating to a hold rating in a […]
Blockbuster deal: Delta, Air France, KLM and Virgin Atlantic eye alliance
Delta Air Lines and partners Air France-KLM and Virgin Atlantic announced a bold business deal Thursday that the carriers hope will strengthen their position in the lucrative trans-Atlantic market. Delta will buy a 10% stake in Air France-KLM for €375 million ($438 million), deepening an already entrenched partnership between the companies. Meanwhile, Air France-KLM is […]
