SMBC Aviation closes senior unsecured notes offering
SMBC Aviation Capital´s wholly owned subsidiary, SMBC Aviation Capital Limited DAC, has closed the sale of USD500 million of its 2.65% senior unsecured notes due 2021, the company said. The…
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Elbit Systems awarded contracts to provide observation systems to a European country
Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) has been awarded contracts in a total amount of approximately USD30 million, to supply advanced thermal-imaging observation systems to a country in Europe,…
easyJet revenue down after Brexit vote, failed coup in Turkey and terror attacks
The UK?s Brexit vote and recent events in Turkey and Nice have contributed to a ?difficult and uncertain? operating environment, low-cost airline easyJet said today. In a trading statement for…
W. R. Berkley Corporation to sell Aero Precision
W. R. Berkley Corporation (NYSE: WRB) has agreed to sell a wholly owned investment, Aero Precision Industries, and certain related aviation services businesses, the company said. The company said it…
Cebu Pacific saves fuel with fuel efficiency software from OpenAirlines
The Philippines airline carrier, Cebu Pacific (PSE: CEB) has chosen OpenAirlines´ solution to save fuel and reduce its carbon dioxide emission per flight, the company said. Under the agreement, OpenAirlines´…
Servotronics appoints financial exec to board
Servotronics, Inc. (NYSE: SVT) has appointed Christopher (Chris) M. Marks, an experienced financial specialist, to the board of directors, the company said. Marks is a partner in the financial planning…
Haley & Aldrich expands airport consulting practice
Haley & Aldrich has expanded its airport consulting expertise with the appointment of key staff, the company said. The company has added industry veteran Darcy Zarubiak as senior associate; industry…
KBR awarded multiple global defense contracts
KBR, Inc. (NYSE: KBR) has been awarded multiple defense contract awards, further boosting its global government services business which, with the recent acquisition of what is now KBRwyle, spans the…
GOL reports 19 percent decrease in ASM in June 2016
GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL) has reported the total number of seats available to the market (ASM) fell by 19.2 percent in June and by 20.8 percent in…
Veteran airlines analyst joins Imperial Capital team
Longtime airlines industry analyst Michael Derchin has jointed the Imperial Capital LLC team as as managing director and senior equity research analyst, the company said. Derchin was most recently at…
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