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...Minneapolis-based Castlelake is a specialist lender with a focus on aircraft leasing, providing financing for large airlines including United Airlines and Turkish Airlines that is secured against their planes...
...Greg Smith, American Airlines chair and a former Boeing finance director, is seen as another potential candidate....
...Delta Air Lines, United Airlines and American Airlines collectively spent $2.2bn on maintenance in the third quarter, a 45 per cent increase on the same period in 2019, according to a recent note by Sheila...
...The group estimated the rule would cost airlines $33bn over 10 years....
...The company’s shares rose 11.3 per cent in early trading while rivals American Airlines, Delta Air Lines, and Southwest Airlines all added more than 3 per cent....
...Chief among them: the airline’s long-standing credit card deal with American Express....
...Boeing needs to get their act together,” American Airlines chief executive Robert Isom told analysts on Thursday. Boeing’s issues over the past number of years were “unacceptable”, he added....
...They successfully sued to unwind the American and JetBlue alliance in the north-east, and are trying to block JetBlue’s proposed takeover of Spirit....
...The second chart shows the share price of Hawaiian Holdings — the parent of Hawaiian Airlines....
...The airline had initially signed up to a stock merger with Frontier Group, a similar deep discounter like Spirit....
...The decision could make it harder to reshape the industry — particularly for lower-cost carriers — which has consolidated rapidly over the past two decades, leaving it dominated by the four big carriers: American...
...More recently, it has been dominated by production problems that have affected Boeing’s deliveries to airline customers....
...Alaska Airlines has cancelled 22 per cent....
...Airline shareholders like soft landings as much as airline passengers do. American Airlines’ investors are out of luck....
...Hours later, the chief executive of Alaska Airlines revealed that his airline had found “some loose bolts on many” Max 9s during inspections of the planes....
...US federal regulators have temporarily grounded some Boeing 737 Max planes in American airspace after a section of an Alaska Airlines jet blew out in mid-air....
...The aerospace group said in a statement on Saturday that it supported the temporary grounding. “Safety is our top priority,” Boeing said....
...The group is also expanding the international reach of its low-cost carrier Anadolu Jet....
...Even cards from the same issuer can carry different fees for merchants based on the rewards such as airline miles or cashback that the cards offer consumers....
...American companies so that they can pay for their coke....
...American Airlines has slashed its third-quarter profit forecast due to fuel prices that have “increased considerably” since July and retroactive payments to pilots....
...Dennis Tajer, of the pilots’ union for American Airlines, calls Boeing a “national symbol” that should be held to a high standard....
...A unit of UnitedHealth, the gigantic American conglomerate, suffered a ransomware attack, preventing the insurance payments. Thankfully, her operation eventually took place....
...Franco-Dutch airline group....
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