Air and Travel NEWS

Republic Airways pre-tax income drops YoY

Republic Airways Holdings Inc. (NASDAQ/NM: RJET) said its pre-tax income for the second quarter of 2015 was USD9.1 million, compared to USD33.3 million for the prior year´s second quarter. Republic´s net income for … Continue reading “Republic Airways pre-tax income drops YoY”


C.H. Robinson Worldwide announces USD0.38 quarterly cash dividend

C.H. Robinson Worldwide, Inc. (Nasdaq: CHRW) said its board of directors has declared a regular quarterly cash dividend of USD0.38 per share, payable on September 30, 2015, to shareholders of record on September … Continue reading “C.H. Robinson Worldwide announces USD0.38 quarterly cash dividend”


Erickson revenue down YoY

Erickson Incorporated (NASDAQ: EAC) said its second quarter 2015 revenue was USD69.3 million, a decline of USD11.6 million compared to prior year. The company benefited from year-over-year growth in its Manufacturing & MRO … Continue reading “Erickson revenue down YoY”


Air Lease diluted EPS up 21%

Air Lease Corporation (NYSE: AL) said its diluted EPS increased 21 percent to USD0.70 for the three months ended June 30, 2015 as compared to USD0.58 for the three months ended June 30, … Continue reading “Air Lease diluted EPS up 21%”


Fitch announces aircraft lessor peer review

Fitch Ratings said it has completed a peer review of five rated aircraft lessors, resulting in the affirmation of the long-term Issuer Default Ratings (IDRs) of AerCap Holdings N.V. (AER, ´BB+´), Avation PLC … Continue reading “Fitch announces aircraft lessor peer review”


Aircastle revenues down 9.5% YoY

Second Quarter Results Aircastle said its total revenues were USD204.6 million, a decrease of USD21.6 million, or 9.5 percent, from the previous year, driven by lower maintenance revenues of USD14.8 million. During the … Continue reading “Aircastle revenues down 9.5% YoY”


Rockwell Collins buys International Communications Group

Rockwell Collins (NYSE: COL) said it has acquired Newport News, Virginia-based International Communications Group, Inc. (ICG), a leading provider of satellite-based global voice and data communication products and services for the aviation industry. … Continue reading “Rockwell Collins buys International Communications Group”


Travel-tech start-up Portr gets EUR3.3m Series A investment

Portr said it has announced completion of a EUR3.3 million Series A investment round to fund expansion of its on-demand luggage delivery service, AirPortr, into new airports. With AirPortr, customers book their bag-free … Continue reading “Travel-tech start-up Portr gets EUR3.3m Series A investment”


Dallas/Fort Worth International Airport adds duty-free shopping plans

Dallas/Fort Worth International (DFW) Airport said it will revolutionize the customer experience inside International Terminal D with an expansive new duty-free shopping experience that includes luxury and premium retail brands. The airport selected … Continue reading “Dallas/Fort Worth International Airport adds duty-free shopping plans”


UATP partners with WEX to bring virtual credit card solution to market

UATP, the airline-owned payment network, said they have formed a relationship with WEX, a provider of corporate payment solutions, to provide the WEX Virtual Credit Card Solution (VCC) to the entire UATP Network. … Continue reading “UATP partners with WEX to bring virtual credit card solution to market”


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