The company plans to raise $1.5 billion by selling shares and convertible senior notes due in 2025.
US airlines face a winter test of their finances and question marks over the reach of their domestic flight networks after failing, for now, to win fresh federal aid.
US airlines temporarily suspended the use of more than 65 Boeing 737 MAX jets on Friday after the planemaker asked 16 carriers that operate the aircraft to address an electrical power system issue.
Two Muslim men from Texas say American Airlines profiled them and canceled their flight after crew members said they “didn’t feel comfortable” flying with the pair.
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While many non-residents do not know it, through the “mortgage in UAE for non-residents” offers, most of the buyers are actually being financed by local UAE banks, who have a strong appetite in financing non-residents at very attractive rates.
Singapore Airlines announced on Tuesday it will take a 25 per cent stake in Air India, streamlining its aviation partnership with Tata Group as the industrial behemoth works to revive the beleaguered national carrier’s fortunes.