JETBLUE announced $400m convertible senior notes offering to repay debt. It also announced (with JetBlue Loyalty) a private offering $1.5b in senior secured notes due 2031 and proposed senior secured Term Loan B of $1.25b due 2029.
ATSG had $7.4m net income on $488m revenues in 2Q24 vs $38m on $529m in 2Q23; CAM earned $15m on $104.5m vs $31m on $111.4m and says it has 23 aircraft (12 767-300s/five A330s/six A321s) in or awaiting freighter conversions.
Azul is seeing some relief in Q3 after battling headwinds stemming from the closure of a major airport and a temporary slide in international capacity.
Carbon Analysis revisits the topic of alliances with our focus this time directed at SkyTeam carriers Aeromexico, Air France, China Airlines and Virgin Atlantic
Ethiopian Airlines Group has kick-started plans for what is intended eventually to be Africa’s largest airport, outside Ethiopia’s capital, Addis Ababa.
The grants are part of $25 billion set aside in the 2021 Infrastructure Law allocated for terminal construction, airport infrastructure and other improvements.