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Airlines’ survival determined by liquidity

Asked last month how long American Airlines Inc. and other carriers can keep losing money before they run out of time and cash, AMR Corp. chairman Gerard Arpey had a short, glum answer.

Caution: supplier payments during the liquidity crisis

With today's economic challenges, and particularly the reduced availability of credit, some suppliers and tour companies may be unable to meet short-term financial obligations.

Air Canada concludes revolving credit line for $100 million

MONTREAL - Air Canada today announced that it has concluded a secured revolving credit facility with the Canadian Imperial Bank of Commerce, which will provide the airline with up to $100 million of r

UAL bolsters liquidity by US$150 million

CHICAGO, IL - UAL Corporation, the holding company whose primary subsidiary is United Airlines, today announced a sale and leaseback transaction that added approximately US$150 million of cash to the

US$35 million loan from Air Wisconsin part of US Airways’ US$950...

APPLETON, WI - Air Wisconsin Airlines Corporation announced today it has agreed to provide a $35 million loan to US Airways, Inc.

Recession may mean opportunities to some in the travel industry

Leading hospitality, timeshare and fractional leaders all across the country express concerns over business during these hard times.

UAL Corporation to boost liquidity by $275 million

CHICAGO, IL – UAL Corporation, the holding company whose primary subsidiary is United Airlines, today announced financing transactions that will add approximately $275 million of cash prior to year

UAL Corporation boosts liquidity by approximately $1.2 billion

CHICAGO, IL (September 18, 2008) – UAL Corporation, the holding company whose primary subsidiary is United Airlines, completed the amendment of its co-branded card marketing services agreement with