EMBRAER reports net loss of USD 126m in Q2 2018
Brazil-based EMBRAER S.A. (NYSE: ERJ) has reported second quarter net loss to shareholders of USD (126.5m) and lost per ADS of USD (0.69), the company said.Adjusted Net income (excluding deferred…
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WestJet reports net loss of USD 20.8m in Q2 2018
WestJet (TSX: WJA) has reported a net loss of USD 20.8m, or USD 0.18 per fully diluted share in the second quarter 2018, the company said.This result compares with net…
Embraer, Kenya Airways sign support contract for spare parts
Embraer has announced it has signed a multi-year contract to take over planning and replacement of a portion of Kenya Airways´ sport parts stock that covers 15 Embraer E190 aircraft…
Burnham Sterling acts as exclusive advisor to Hawaiian Airlines Japanese Airbus aircraft financing
Financial advisory firm Burnham Sterling & Co. LLC has announced it acted as exclusive financial advisor to Hawaiian Airlines (NASDAQ: HA) in the Japanese yen (JPY)-denominated financings of two Airbus…
GenNx360 Capital acquires Precision Aviation
Private equity firm GenNx360 Capital Partners has announced its acquisition of Precision Aviation Group, Inc. ("PAG"), effective July 26, 2018. the company said. PAG is a provider of maintenance, repair…
KeyoCoin to launch travel program built on blockchain technology
KeyCoin has announced it plans to launch the world´s first universal travel rewards program that will earn cryptocurrency rewards, the company said.The platform is already supported by a state of…
SkyWest reports Q2 2018 net income of USD 76m
SkyWest, Inc. (NASDAQ: SKYW) has reported second quarter 2018 net income of USD 76 million, or USD 1.43 per diluted share, compared to net income of USD 50 million, or…
DFW Airport receives funding commitment of USD 180m from DOT for airport improvement
Dallas Fort Worth (DFW) International Airport has announced it has received a Letter of Intent (LOI) from the Federal Aviation Administration (FAA) committing up to USD 180 million in Airport…
CORRECTION: Grupo Aeromexico signs non-binding proposal to acquire Aimia's Stake in PLM
[Corrects headline and first paragraph to state that Grupo Aeromexico has signed a non-binding proposal regarding the Aimia Inc.´s PLM shares]Grupo Aeromexico S.A.B. de C.V. (BMV: AEROMEX) has signed a…
Southwest reports Q2 2018 net income of USD 733m
Southwest Airlines Co. (NYSE:LUV) has reported second quarter 2018 net income of USD 733m and earnings per diluted share of USD 1.27, compared with second quarter 2017 net income of…
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