Allegiant reports USD 4m per day gross bookings in June 2020
Allegiant Travel Company (NASDAQ: ALGT) has reported gross bookings for the month of June averaged more than USD 4 million per day, bringing the average daily gross bookings for the…
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Jet Linx acquires Meridian Aircraft Management & Air Charter to expand in tri-state area
Private jet company Jet Linx has announced it has acquired Meridian´s Aircraft Management and Air Charter business to expand in New York, New Jersey and Connecticut, the company said.Meridian is…
Resolute Capital commits USD 20m in investment of Finance Technology Leverage to finance tech innovations
Resolute Capital Partners has announced it is committing USD 20 million to invest in private equity firm Finance Technology Leverage LLC, to finance technological innovations in energy, life sciences, industrial…
AirNet receives deficiency letter from Nasdaq
AirNet Technology Inc. (Nasdaq: ANTE) has announced it received a notification letter (Deficiency Letter) from Nasdaq´s listing qualifications department, notifying the company that is no longer in compliance with the…
SWISS reports CHF 84.1m in Q1 2020 operating loss
SWISS has reported an operating loss of CHF 84.1 million in the first quarter 2020, compared to a CHF 48.3m profit for the same period in 2019, the company said.First-quarter…
Air France, HOP! announce plans to cut 7,500+ jobs
Reuters has reported Air France confirmed its intention to cut approximately 7,500 jobs, the news source said.The cuts include 1,000 jobs eliminated from regional carrier HOP!, Air France´s sister airline,…
Portugal increases stake in TAP Air Portugal
Associated Press has reported the Portuguese government has announced its increased stake in TAP Air Portugal from 50% to 72.5%, the news source said.TAP Air Portugal, one of Europe´s smaller…
BBAM finances 4 aircraft with financing from MUFG
Mitsubishi UFJ Financial Group (MUFG) has announced it provided financing for aircraft for BBAM Aircraft Leasing and Management that are on long-term leases to Delta Air Lines, the company said.was…
El Al Israel Airlines reports 25% decrease in Q1 2020 revenues
El Al Israel Airlines Ltd. (TASE: ELAL) has reported that in the first quarter 2020, revenues decreased by about 25% to approximately USD 321 million, compared to revenues of approximately…
Alaska Airlines secures uses 61 aircraft as collateral for USD 1.2bn in private funding
Alaska Airlines has announced it has secured nearly USD 1.2bn in private loans to secured private loans using 61 aircraft as collateral, the company said.The funding will be used to…
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