FLAIR AIRLINES, Canada announced an affiliate of its largest senior lender is acquiring a portion of the shares owned by 777 Partners and providing new non-binding debt funding. It currently has 20 737s and plans to serve >35 cities.
AIRCRAFT ENGINE LEASE FINANCE (AELF), Chicago secured $40m credit facility with Merchants Bank (using 10 A330-200s on lease to Air Transat as collateral) to expand its 737-800 portfolio to take advantage of market opportunites.
AMERICAN AIRLINES plans in 2H24 to suspend several long-haul routes (JFK-Athens/-Barcelona, Chicago-Paris CDG, Philadelphia-Venice and DFW-Dublin/-Rome), it says earlier than planned due to delayed deliveries of 787s from Boeing.