Brazilian airline Azul S.A. downgraded to ‘SD’ following distressed debt exchange
• Azul S.A. completed the settlement of the announced debt exchange of its 2028, 2029, 2030, and convertible notes. • We view the transaction as…
What were the aircraft involved in midair crash in Washington DC?
An American Airlines regional passenger jet and a U.S. Army Black Hawk helicopter crashed into the frigid Potomac River after a midair collision near Reagan…
Spirit Airlines rejects Frontier’s bid, aims to exit bankruptcy in first quarter
Spirit Airlines said on Wednesday it has rejected a bid from rival Frontier Group as it was not favorable for the low-cost carrier and expects…
Boeing’s $3.9B Q4 losses highlight struggles with cost overruns and strike impact
Boeing reported $26.3 billion of cash and investments at the end of 2024, which incorporated a $14.1 billion cash use for the year and $24.3…
Plane crashes in South Sudan, killing 20, official says
A small aircraft carrying oil workers in South Sudan's Unity State crashed on Wednesday, killing 20 people, an official said.
Ryanair CEO O’Leary confident of Boeing’s 737 ramp-up, sees Trump support
Ryanair is confident that Boeing will ramp up its production of 737 MAX jets to 38 per month this summer and that it will be…
Ethiopian Airlines celebrates Chinese New Year 2025 with festive events
Ethiopian Airlines, Africa's largest airline and one of the world’s fastest-growing airline brands, joyously celebrated the Chinese New Year 2025 with memorable events.
Air Busan Airbus plane catches fire at S.Korea’s Busan airport, no casualties
An Airbus plane belonging to South Korean carrier Air Busan caught fire on Tuesday at Gimhae International Airport in the country's south while preparing for…
RTX’s quarterly profit rises on strong demand for aircraft parts, repair
U.S. aerospace and defense major RTX reported a rise in quarterly profit on Tuesday, as demand for its aircraft parts and repair services benefited from…
JetBlue shares sink after disappointing forecast for unit revenue and costs
JetBlue Airways forecast higher costs and unit revenue below analysts' expectations for the first quarter on Tuesday, sending the New York-based carrier's shares down 14%…
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