El Al Israel reports Q3 2018 revenue of USD 642m
El Al Israel Airlines (TASE: ELAL) has reported third quarter 2018 revenues of USD 642 million compared to approximately USD 626 million for the third quarter of 2017, a growth…
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Kuehne + Nagel to acquire Quick Group to expand aviation services
The Quick Group has announced it has entered into an agreement to be acquired by logistics company Kuehne + Nagel to expand in aviation, pharma and healthcare industries, the company…
CFO of Spirit AeroSystems to retire in Q1 2019
Spirit AeroSystems Holdings, Inc. [NYSE: SPR] has announced EVP and chief financial officer Sanjay Kapoor plans to retire in the first quarter of 2019, the company said.Kapoor will continue in…
Bristow Group completes consent solicitation on 8.75% senior secured notes due 2023
Aviation services provider Bristow Group Inc. (NYSE: BRS) has announced it has completed the solicitation of consents from holders of its outstanding 8.75% Senior Secured Notes due 2023, the company…
Sea-Tac aircraft fuelers authorize strike
Teamsters Local Union 174 has announced that 150 aircraft fuelers at Sea-Tac International Airport have authorized a strike to advance their fight for a first contract with Swissport, the company…
Wencor Group expands repair capabilities in aerospace market with acquisition of Silver Wings
Wencor Group, a solutions provider to the aerospace aftermarket industry, has announced it has acquired electric and hydraulic repair station Silver Wings Aerospace, Inc., the company said. Wencor said the…
Avolon completes repayment of USD 407m in securitisation debt
Ireland-based aircraft leasing company Avolon has announced it has completed the repayment by Emerald Aviation Finance Ltd. of the USD 407 million of outstanding Class A-1 fixed rate asset backed…
Corporación América Airports report October 2018 total passenger traffic of USD 7m
Private sector airport operator Corporación América Airports S.A. (NYSE: CAAP) has reported 7.07m in total passenger traffic on October 2018, compared to 6.76m in October 2017, an increase of 4.5%,…
FedEx declares quarterly dividend of USD 0.65 per share
FedEx Corporation board of directors has declared a quarterly cash dividend of USD 0.65 per share on FedEx Corporation common stock, the company said. The dividend is payable January 2,…
Avolon supplies Vistara with 15 Airbus A320neo aircraft
Ireland-based Avolon, the international aircraft leasing company, has announced the placement of 15 Airbus A320neo aircraft with India-based Vistara, a full-service carrier and a joint venture of Tata Sons and…
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