All articles by Edward Russell – Page 29
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AnalysisANALYSIS: How US carriers' yield growth hopes slipped to 2017
US carriers have been on the crest of a wave in recent years as a mix of restructuring, consolidation and low fuel costs have driven a run of record results, contributing to more than half the global industry profits.
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News
American plans $1bn term loan refinancing
American Airlines plans to issue a $1 billion term loan to refinance some of the debt it inherited from US Airways through their merger.
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News
United steps back on 777-300ER bases
United Airlines may not base its first Boeing 777-300ERs at its Newark hub, with chief commercial officer Julia Haywood saying the decision has yet to be made.
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AnalysisANALYSIS: Trump an unknown for aircraft finance
The impact of the election of Donald Trump as president of the USA has raised a big question mark for aircraft finance markets.
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News
Pratt needs a year to catch up on A320neo engine deliveries
Pratt & Whitney (P&W) does not anticipate catching up with its PW1100G engine delivery commitments until the end of 2017, says its vice-president of marketing Paul Finklestein.
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Analysis
ANALYSIS: What does a Trump presidency mean for US air transport?
Donald Trump was elected president of the USA on 8 November, a victory for change over status quo candidate secretary Hillary Clinton.
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AnalysisANALYSIS: Tijuana's bridge proves strong traffic draw
Tijuana International airport's cross-border bridge appears to be living up to its billing, with passenger traffic and aircraft movements up dramatically since the US connection opened in December 2015.
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News
Delta dubs new premium economy cabin ‘Delta Premium’
Delta Air Lines is calling its new premium economy cabin Delta Premium, as it prepares to roll the product out on the Airbus A350-900 in 2017.
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NewsPICTURES: Boeing rolls out United’s first 777-300ER
United Airlines first Boeing 777-300ER has rolled out of the paint shop in Everett, Washington, nearly 22 years after the carrier took delivery of the first 777.
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News
Aeromexico agrees to JOLCOs for three 787s
Aeromexico has agreed to Japanese operating lease with call option (JOLCO) financing structures for three Boeing 787-9s, says chief financial officer Ricardo Sanchez Baker.
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News
LATAM pulls tender and unsecured bond from market
LATAM Airlines Group has cancelled its cash tender and pulled a proposed unsecured bond citing a weak response from the market.
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NewsAir India, El Al and WestJet eye Washington DC service
Air India, El Al and WestJet are all actively considering adding new service to the Washington DC region by 2018.
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News
United finances 787-9 with bank debt
United Airlines has closed commercial bank debt from KfW IPEX Bank and Commerzbank for a Boeing 787-9, the banks say.
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NewsAvolon to buy CIT Aerospace for $10bn
HNA Group-subsidiary Avolon has reached an agreement with CIT Group to buy its aircraft financing and leasing business for $10 billion.
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News
Delta plans Los Angeles-Washington National flight in 2017
Delta Air Lines plans to use one of its two beyond perimeter slots at Ronald Reagan Washington National airport to launch new nonstop service to Los Angeles in April 2017.
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NewsPICTURE: Interjet takes first A321
Mexican low-cost carrier Interjet has taken delivery of its first Airbus A321, an aircraft the carrier says will allow it to optimise Mexico City slots.
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News
JetBlue to redeem $86m in outstanding debt
JetBlue Airways has launched a redemption programme for $86.2 million in outstanding debt.
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AnalysisANALYSIS: Market forces coalesce for first sub-3% EETC coupon
Market forces coalesced around United Airlines’ $920 million enhanced equipment trust certificate (EETC) transaction earlier in September, resulting in a record low sub-3% coupon that even frequent issuer American Airlines could not match less than a week later.
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NewsPICTURES: FlightGlobal onboard United A319 runway excursion
A United Airlines Airbus A319 aircraft suffered a runway excursion at Denver International Airport while attempting to takeoff on flight 296 to Reno.
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NewsPICTURE: American takes delivery of first 787-9
American Airlines has taken delivery of its first Boeing 787-9, its latest next generation widebody aircraft.