All articles by Edward Russell – Page 22
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News
Atlas planning private placement for Amazon 767s
Atlas Air is working on a private placement transaction to finance six Boeing 767-300ER freighters for Amazon, sources indicate.
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NewsUnited continues to evaluate 100-seat mainline aircraft
United Airlines continues to evaluate adding a 100-seat aircraft to its mainline fleet, less than a year after it cited the aircraft category's poor economics for the conversion of its Boeing 737-700 order to larger variants.
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American to base 737 Max in Miami
American Airlines will base its first Boeing 737 Max 8 at its Miami International airport hub, with plans to enter new markets and replace other narrowbody flying.
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LATAM closes $350m private placement
LATAM Airlines Group has closed a UF8.7 million (roughly $350 million) private placement to refinance some of its outstanding debt in Brazil.
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United adding gates in San Francisco to accommodate growth
United Airlines will start using gates in boarding area A at San Francisco International airport to accommodate its continuing growth.
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American to debut 737 Max in November
American Airlines will debut its new Boeing 737 Max 8 on flights between Miami and New York LaGuardia in November.
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NewsUnited redeploying 767 fleet to address crew issues
United Airlines will shift its fleet of Boeing 767-400ER aircraft to its Newark Liberty International airport hub from October, to address continuing issues with its flight attendant groups.
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AWAS closes $242m facility for 11 aircraft
Lessor AWAS has closed a $242 million secured portfolio facility for 11 narrowbody aircraft, helping it meet its short-term financing needs.
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United to join Alaska at Seattle's Paine Field
United Airlines will add service to Paine Field-Snohomish County airport near Seattle in 2018, joining Alaska Airlines in returning commercial air service to the airport.
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NewsDelta breaks ground on $4bn New York LaGuardia terminal
Delta Air Lines has broken ground on the $4 billion redevelopment of its terminals at New York LaGuardia airport, its largest airport investment ever.
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American plans to launch new Beijing flight in November
American Airlines plans to launch its new flight to Beijing from Los Angeles in November, after securing economically viable slots at the Chinese airport.
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Air Lease not considering airline portfolio deals
Air Lease does not plan on buying any airline-owned aircraft portfolios, citing concentration risk concerns.
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ALC looks to accelerate Boeing deliveries as Airbus delays mount
Air Lease is looking to accelerate some of its Boeing deliveries to offset delays to certain Airbus aircraft in 2018, as it questions the stability of both airframers' supply chains.
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AnalysisANALYSIS: Has ATR finally ended its two-decade US drought?
The news that US regional carrier Silver Airways has signed a letter of intent for up to 50 ATR 42-600 turboprops will be welcome news in Toulouse.
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Qatar drops plans to buy up to 10% of American
Qatar Airways has dropped plans to buy a 10% stake in American Airlines, following continued opposition by the US carrier.
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Air Canada cash jumps to $3.2bn in second quarter
Air Canada saw its cash balances increase nearly 12% to C$4.05 billion ($3.23 billion) during the second quarter.
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NewsSilver commits to up to 50 ATR 42s, names new CEO
US regional carrier Silver Airways has signed a letter of intent for up to 50 ATR 42-600 aircraft, identifying a replacement for its aging fleet of Saab 340Bs after a nearly two year search.
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American-China Southern deal hinges on 'slot exchange'
American Airlines plans to invest $200 million in China Southern Airlines hinge on approval of a "slot exchange", says executive vice-president of corporate affairs Stephen Johnson.
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News
LATAM plans $350m local bond refinancing
LATAM Airlines Group plans to issue a UF8.7 million ($359 million) unsecured bond in Chile, with proceeds used to repay its TAM Capital 3 debt.
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United to end Hangzhou flights in October
United Airlines will end service to Hangzhou in October, as it faces weakness in the China market.