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Spirit Airlines Reports Q4 Loss, Misses Revenue Estimates

WIL BALDWIN February 10, 2021

Spirit (NYSE: SAVE) came out with a quarterly loss of $1.61 per share versus the Zacks Consensus Estimate of a loss of $1.44. This compares to earnings of $1.24 per share a year ago. These…

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Air Lease Corporation Delivers Two New Boeing 737-8 Aircraft to Sunwing Airlines

WIL BALDWIN February 9, 2021

Air Lease Corporation (NYSE: AL) announced the delivery of two new Boeing 737-8 aircraft on long-term lease to Sunwing Airlines. These aircraft, featuring CFM International LEAP-1B27 engines, are the third and fourth new Boeing 737-8…

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Kansas City Southern Announces Dividend Increase

WIL BALDWIN February 5, 2021

KANSAS CITY, Mo.--(BUSINESS WIRE)-- Kansas City Southern (KCS or the Company) (NYSE: KSU) announced that its Board of Directors approved at its meeting today a 23% increase in the quarterly dividend on KCS’s common stock,…

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Canadian Pacific Completes Acquisition of Detroit River Rail Tunnel

WIL BALDWIN December 22, 2020

CALGARY, Dec. 22, 2020 /PRNewswire/ - Canadian Pacific Railroad (NYSE: CP) announced today it has completed its previously announced agreement to purchase an 83.5 percent stake in the Detroit River Rail Tunnel from certain affiliates of OMERS, the…

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Air Saint-Pierre Takes Delivery of a New ATR 42-600

WIL BALDWIN December 22, 2020

Air Saint-Pierre has taken delivery of its new ATR 42-600 aircraft, following the signature of a Memorandum of Understanding in July 2018. Based on one of the three main islands of Saint Pierre and Miquelon…

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Airbus Celebrates 5 Years of Production in Mobile, Alabama

WIL BALDWIN September 14, 2020

In 2015, Mobile, Alabama became home to Airbus’ first US-based commercial aircraft manufacturing facility. Now celebrating five years of production, it has grown from an initial workforce of around 250 staff producing A320 Family aircraft,…

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Bombardier Delivers First Global 7500 Aircraft Equipped with Dual Head-up Display

WIL BALDWIN August 25, 2020

- One of many pilot-friendly features aboard the Global 7500 aircraft, dual HUD capability allows co-pilot to benefit from Enhanced and Synthetic vision for increased situational awareness - Flagship Global 7500 aircraft redefines what is possible on a business…

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Emirates to Resume A380 Service to Toronto, Ontario, Canada

WIL BALDWIN August 10, 2020

Emirates has announced it will resume its A380 operations to Toronto starting 16 August, taking its A380 network to six cities.The airline continues to gradually expand the deployment of its double-decker aircraft in line with…

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European Commission Clears Alstom’s acquisition of Bombardier Transportation

WIL BALDWIN August 3, 2020

Alstom and Bombardier welcome the European Commission’s (EC) decision for conditional clearance of the proposed acquisition of Bombardier Transportation by Alstom. The Commission’s approval for the transaction is conditional on the proposed engagements that consist…

Layoffs in Corporate Australia & New Zealand as Crisis Deepens

WIL BALDWIN April 16, 2020

(Reuters) - The coronavirus outbreak has virtually shut down corporate Australia and New Zealand, forcing companies to throw out their strategic plans and resulting in thousands of layoffs or staff suspensions. Listed companies in both…