Airline Ticket Sales for August 2017 Increase Nearly 4%
Airlines Reporting Corp. (ARC) has reported the average US roundtrip ticket price for August 2017 was USD 456, down from USD 473 in July, the company said. Average ticket prices…
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Boeing Chooses Triumph Group as Major Supplier for US Air Force T-X Offer
Boeing (NYSE: BA) has selected Triumph Group, Inc. (NYSE:TGI) as a major supplier for its T-X Air Force training jet. If the Air Force awards the contract to Boeing, Triumph´s…
Avolon Raises USD 14bn of Capital in 2017
Avolon Holdings Limited, the international aircraft leasing company, has repriced its senior secured USD 5.0 billion term B-2 loan facility (the "TLB-2"), the company said. This repricing follows the pricing…
Southwest Airlines, AFMA Reach Agreement in Principle for Facilities Maintenance Technicians
Southwest Airlines Co. (NYSE: LUV) and Aircraft Mechanics Fraternal Association (AFMA), the Union that represents Facilities Maintenance Technicians (FMT), has announced that negotiators have reached an Agreement in Principle that…
Passur® Aerospace Announces Results for Q3
PASSUR® Aerospace, Inc. (OTC: PSSR), a business intelligence, predictive analytics, and big data company, announced revenues of USD 3,332,000 for the three months ended July 31, 2017, compared with USD…
Alaska Airlines Names VP Inflight, Call Centers
Jeff Butler, a 34-year veteran of Alaska Airlines, has been named Alaska´s new vice president of inflight and call center services, succeeding Andy Schneider, who was named vice president of…
L3 Acquires Doss Aviation
L3 Technologies (NYSE:LLL) has acquired Doss Aviation, Inc, the company said. The acquisition was completed on September 12, 2017, and the terms were not disclosed. Doss Aviation is projected to…
S&P Upgrades Avolon's Senior Unsecured notes to BB
Avolon, the international aircraft leasing company, announces that S&P Global Ratings ("S&P") has upgraded its issue-level rating on the senior unsecured notes due 2022 and 2024 issued by its wholly…
Avolon Prices USD 1.25bn Senior Notes Offering
Avolon Holdings Limited, the international aircraft leasing company, has priced a private offering by its wholly owned subsidiary, Park Aerospace Holdings Limited, of USD 950 million aggregate principal amount of…
Boeing, Malaysia Airlines Sign MOU for 16 Airplanes
Boeing [NYSE: BA] and Malaysia Airlines Berhad (Malaysia Airlines) today signed a Memorandum of Understanding for 16 airplanes during a ceremony at the St. Regis Hotel in Washington D.C.The signing…
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