Commercial air travel market down by over 80% Airports have become the new ghost towns as shops have closed down, check-in counters are now collecting dust and runways are closed down to make for extra room for parking of aircraft.…
Alaska Airlines Accepts New Private Loan of $1.2 Billion Weeks Before Earnings Alaska Airlines (ALK) plans to use 26 Boeing 737-800s, 16 Boeing 737-900ERs and 19 of their new Embraer 175s. The details of the deal stated that the aircraft…
Airlines Announce New Health Requirement On June 29th, 2020 In Washington, Airlines for America (A4A) announced that its member carriers are going to voluntarily implement temporary health acknowledgment policies for passengers travel as an additional level of mitigation to prevent…
JetBlue, New York’s Hometown Airline®, will expand its successful Mint service Jetblue (NASDAQ: JBLU) is making progress towards restructuring its routes in efforts to redefine their network. A recent addition to Jetblue's service line is their new Mint product. Combining…
Boeing Cancellations Outnumber New Orders The market for new aircraft is quickly changing as the future travel demand figures are being readjusted. Although it is very present that the most immediate future of travel plans have certainly been affected, many…
Aircraft Leasing Companies Expand Credit Lines Air Lease Corporations (NYSE: AL) during their first Quarter results spoke of adjustments that have been made to adjust to the unprecedented impact to the airline and aerospace industry. Air Lease Corporations (ALC) (NYSE:…
Successful First Flight for Cessna SkyCourier Textron Aviation Inc., a Textron Inc (NYSE: TXT) company celebrates the successful first flight of their brand new Cessna Skycourier. This brand new utility turboprop marks a major move in the direction of bring…
U.S receives 2 million face masks from South Korea In Seoul on May 11th, 2020 the Government of South Korea sends a National Air Cargo, Boeing 747 with 2 Million masks to the United States. The masks were given to…
Airlines prepare for Q1 2020 earnings release Today is May 4th, 2020. The world has been in Lockdown since mid-March and many individuals and organizations are eager to get back out in the world and begin operations as normal again.…
Top 5 Traded Airline Stocks The Airline Industry has been directly affected as a result of the global travel restrictions to slow down the spreading of COVID-19. Many airlines have been unable to keep their doors open with lack of…
This post has been revised after publishing Delta Air Lines Announces Webcast ATLANTA, April 15, 2020 /PRNewswire/ -- Delta Air Lines (NYSE:DAL) will hold a live conference call and webcast to discuss March quarter 2020 financial results at 10:00 a.m. ET, Wed., April 22,…
Over 275 applied for Aviation Grants, 90% of the package is going to these 6 airlines. Part of the $2.3 trillion dollars in the CARES Act, includes a substantial grant to be provided to passenger airlines. A total of $25…
Jet-A Oversupply Beneficial to Cargo Airlines Oil has been to record lows during the last few weeks. This has been going on simultaneously along with the economic downturn due to the Coronavirus (COVID-19) outbreak. It has been a serious of…
National Airlines Providing Emergency Relief Supplies On Thursday, April 2nd, The Columbus Regional Airport Authority (CRAA) and the Federal Emergency Management Agency (FEMA) confirmed that the National Airlines Boeing 747 arrived around 6 a.m. local time. The cargo on board…
Airlines Stocks Spike Up On the Opening Bell At the time of writing this article every single stock in the S&P 500 is up today which is something that has not occurred once in the last few weeks. The next…
Korean Airlines Grounds 70% of Fleet Korean Airlines is on the front-line of the area of the world experience some of the greatest negative affects due to Covid-19 outbreak. Korean Air last week expressed its struggles as a passenger airline…
Cargo Airlines Continue to Fly to China The Coronavirus has certainly shaken the aviation industry over the last few weeks. The first companies to see an immediate affect was the commercial airlines. With restrictions of travelling within certain areas of…
Welcome Boeing's New CEO Today on January 13th, 2020, The Boeing Company welcomes in their new CEO David L. Calhoun to the office to take on the role after Dennis Muilenburg resigned. He has had a strong history of working…
Ryanair Taking the Lead Ryanair is known for the Ultra-low fairs which operate short-haul flights. They have routes between Ireland, Morocco, Israel, The United Kingdom and parts of continental Europe. Many have heard of Ryanair from being rated one of…
Hey! Here at AMG we focus on best providing for our clients with honesty and clear information. New investors can often be confused with terminology and phrases that are thrown around in the market. Today we are going to look…
