Top News on Edward Russell

  • US legacy airlines to push govt to re-look open skies

    Delta Air Lines, American Airlines and United Airlines are planning to urge the US government to re-look its approach towards open skies agreements with other countries, amidst increased worry over competition from Middle Eastern carriers.

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  • Lufthansa to transition A340s to new ‘Jump’ platform

    Lufthansa will launch a new denser mainline platform dubbed ‘Jump’ internally with Airbus A340-300 aircraft by the...

  • American and BA continue to see strong transatlantic demand

    ​The heads of joint business partners American Airlines and British Airways continue to see strong and growing demand...

  • ROUTES: Smooth start for new Guarulhos terminal

    ​Brazil's Sao Paulo Guarulhos is pointing to a smooth introduction of it new Terminal 3 as it continues to look at ways...

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  • Fitch upgrades Delta’s rating to BB

    News | 24 Oct 2014 21:01 | Edward Russell

    ​Fitch Ratings has upgraded Delta Air Lines one notch to BB from BB- with a positive outlook, in its second upgrade of the carrier this year.
  • United cash falls in Q3 as it repays debt

    News | 24 Oct 2014 20:01 | Edward Russell

    ​United Airlines saw its cash balances decrease 5% to $5.51 billion during the third quarter, as it paid off $800 million in debt.
  • Hawaiian’s cash rises during strong Q3

    News | 24 Oct 2014 19:10 | Edward Russell

    ​Hawaiian Airlines saw its cash balances increase 3.2% to $581.6 million during the third quarter, as its operating profit and revenues improved.
  • American could speed up small regional jet retirements

    News | 24 Oct 2014 14:50 | Edward Russell

    ​American Airlines could speed up the removal of small regional jets to a rate of three small aircraft for every two larger ones, says president Scott Kirby.
  • American to gain more labour cost clarity in November

    News | 24 Oct 2014 13:56 | Edward Russell

    ​American Airlines executives anticipate a decision on a joint collective bargaining agreement with its flight attendants by 10 November, as they seek joint agreements with all of carrier’s labour groups.
  • American reduces cost of capital with $3.3bn in debt deals

    News | 23 Oct 2014 21:53 | Edward Russell

    ​American Airlines has reduced its cost of capital with its recent $3.3 billion in financing transactions, says chief financial officer Derek Kerr.