Amerijet International names CEO
Amerijet International, Inc. has announced it has named Tim Strauss as its Chief Executive Officer effective August 17, 2020, to be based in Miami, Florida, the company said.Tim is presently…
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Airlines reports cancellation of over 300 Boeing 737-MAX orders in 2020
Boeing has announced that once the 737-MAX meets airworthiness standards, the aircraft may not be added to airline fleets, the company said. The Chicago-based manufacturer reports over 300 737-MAX orders…
Delta Air Lines reports USD 7bn loss in Q2 2020
Delta Air Lines has reported a GAAP pre-tax loss of USD 7 billion in the second quarter of 2020, the company said.The airline blamed COVID-19 and the decimated demand for…
NAV CANADA reports Q3 FY 2020 revenue of CDN 159m
NAV CANADA has reported third quarter fiscal 2020 revenue was CDN 159 million, compared to CDN million in the same period of fiscal 2019, the company said.The Company´s air traffic…
Vietnam Airlines may face liquidity shortage from coronavirus impact
Reuters has reported Vietnam Airlines may face a liquidity shortage due to the coronavirus pandemic, the news source said.The Vietnam flag carrier said the liquidity shortage could come late next…
Voyager Space acquires Pioneer Astronautics to expand aerospace portfolio
Voyager Space Holdings, Inc. has announced the acquisition of space-focused R&D company Pioneer Astronautics in a cash and stock transaction, the company said. Pioneer Astronautics is a hands-on research and…
Southwest Airlines could reduce jobs if passenger demand does not increase
Reuters has announced Southwest Airlines has informed employees that without an increase in passenger demand, it will be forced to take steps to reduce staffing, news source said.Employees face a…
United withdraws USD 1bn from revolving credit facility
FlyerTalk has reported United Airlines has borrowed USD 1bn from its revolving credit facility, the company said.The airline said it plans to use the funds for general corporate purposes. The…
Expedia prices of private offering of senior notes
Expedia Group, Inc. has announced it will sell USD 500 million aggregate principal amount of unsecured 3.600% senior notes due 2023 and USD 750 million aggregate principal amount of unsecured…
LATAM Airlines secures additional USD 1.3bn in bankruptcy financing proposal
Reuters has reported LATAM Airlines, a Latin American airline group, has announced it has secured an additional USD 1.3 billion for its financing proposal before a New York bankruptcy court,…
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