Delta Air Lines seeking to raise more than $688 million in debt offering
Minneapolis-St. Paul Star Tribune - 40 minutes agoATLANTA - Delta Air Lines Inc. is seeking to raise more than $688 million by selling notes backed by aircraft it owns.
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ATLANTA - Delta Air Lines Inc. is seeking to raise more than $688 million by selling notes backed by aircraft it owns.
The government is imposing fines for the first time against airlines for stranding passengers on an airport tarmac, the Transportation Department said Tuesday.
Delta Air Lines Inc. is seeking to raise more than $688 million by selling notes backed by aircraft it owns. Delta expects to use the proceeds from the issuance of the notes to refinance 22 aircraft currently supporting other debt and to prepay its obligations under financings for five aircraft delivered this year.
Department of Transportation levies $175,000 in fines against three airlines for their role in the leaving passengers overnight on a plane at Rochester, Minn.
The U.S. government on Tuesday imposed its first-ever punishment against airlines for stranding passengers aboard aircraft, fining three carriers $175,000 for a six-hour ordeal in Minnesota.
Federal officials are fining three airlines a total of $175,000 for their role in the stranding of passengers overnight on an airport tarmac in Rochester, Minn., this summer.
Japan Airlines said Tuesday it obtained government approval to receive up to $1.1 billion in emergency loans aimed at preventing the money-losing company from grounding flights.
Nov. 24 (Bloomberg) -- Continental Airlines Inc. and two regional carriers were fined $175,000 for stranding passengers all night on a grounded plane in August, the first time carriers have been punished for extended tarmac delays.
Passengers Were Left in Plane Overnight after Airline Workers Refused to Open Up Terminal After Hours
WASHINGTON - The government is imposing fines for the first time against airlines for stranding passengers on an airport tarmac, the Department of Transportation said Tuesday.
ATLANTA — Delta Air Lines Inc. is seeking to raise more than $688 million by selling notes bac...