Fastjet sells Embraer aircraft for USD 2.2m
Fastjet Zimbabwe, a subsidiary of Africa´s low-cost airline Fastjet, has sold one of its Embraer 145 aircraft for USD 2.2m as part of a settlement with creditor Solenta Aviation Ltd.,…
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SkyWest to receive USD 438m under CARES Act Payroll Support Program
SkyWest Airlines, a wholly owned subsidiary of SkyWest, Inc. (NASDAQ: SKYW) has announced it has entered into a Payroll Support Program Agreement with the US Treasury Department to receive a…
Delta reports Q1 2020 loss of USD 607m in Q1 2020 due to COVID-19
Delta Airlines has reported a pre-tax loss of USD 607 million, or a loss of USD 0.84 per share, in the first quarter 2020, due to COVID-19, the company said.The…
Expedia Group raises USD 3.2bn in new capital to strengthen liquidity position
Expedia Group, Inc. (NASDAQ: EXPE) has has announced that it is raising approximately USD 3.2 billion of new capital, as part of a comprehensive strategy to enhance Expedia Group´s financial…
ASUR shareholders approve resolutions at April 23 meeting
Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR)(BMV: ASUR) (ASUR) has announced that shareholders approved the following resolutions and considered the following matters at the General Ordinary Shareholders´ Meeting…
Volaris reports 8.8% increase in Q1 2020 operating revenue
Mexico-based ultra low-cost airline Volaris (NYSE: VLRS) (BMV: VOLAR) has reported total operating revenues were Ps.7,824 million for the first quarter, an increase of 8.8% year over year, the company…
Cathay Pacific to lay off 300 cabin crew in US
Cathy Pacific has announced it plans to lay off approximately 300 cabin crew members, mostly in the United States, the company said.Cathay will also furlough 129 pilots in Australia and…
OneSky Systems secures investment in Series A funding round to support software development
OneSky Systems has announced it has received an investment in a Series A funding round led by Sumitomo Corporation, through Sumitomo Corporation of Americas to establish new transport services and…
Spirit AeroSystems declares USD 0.01 per share cash dividend
Board of directors of Spirit AeroSystems (NYSE:SPR) has declared a USD 0.01 per share regular quarterly cash dividend on its outstanding common stock, the company said. The dividend is payable…
Delta Air Lines to commence offering of senior secured notes due 2025
Delta Air Lines, Inc. (NYSE: DAL) has announced it proposes to commence a private senior secured notes offering of USD 1.5 billion due 2025 to eligible purchasers, the company said.The…
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