Financial

Air Lease Corporation intends to commence a public offering of $400.0m in aggregate principal amount of senior unsecured notes due 2020. The interest rate and other terms of the Notes will be determined at the time of the pricing of the offering and will depend on market and other conditions. The Company intends to use […]

Hawker Beechcraft released that the key creditors, voting in the company’s solicitation process, have overwhelmingly approved its proposed Joint Plan of Reorganization (Plan). The company also announced that J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC have agreed to act as joint lead arrangers and joint bookrunners to structure, arrange and syndicate $600m

Alaska Air Groupreported fourth quarter 2012 GAAP net income of $44m, compared to GAAP net income of $64m in 2011. Excluding mark-to-market fuel hedge losses of $10m ($6m after tax), the company reported record fourth quarter 2012 net income of $50m, compared to net income excluding mark-to-market fuel hedge gains of $37m in 2011. The

Southwest Airlines reported its fourth quarter and full year 2012 results. Fourth quarter 2012 net income was $78m which included $13 million (net) of favorable special items. This compared to net income of $152m in fourth quarter 2011, which included $86m (net) of favorable special items. Excluding special items, fourth quarter 2012 net income was

Aircraft supplies company AAF Spares is set for growth after securing a $10m (£6.18m) finance package from Santander Corporate & Commercial Banking to purchase additional stock to supply to major aircraft clients. AAF is 50/50 joint venture established in June 2011 between Avtrade Limited and Air France. The new funding will be used to grow

US Airways Group reported its fourth quarter and 2012 financial results. For full year 2012, the Company reported a record net profit of $537m, which excludes net special items totaling a credit of $100m. This compares to a full year 2011 net profit of $111m excluding net special items. On a GAAP basis, the Company