Horizon Lines said it has reached an agreement with the majority of holders of its senior notes regarding refinancing the company’s debt. The agreement centers on a complete refinancing and a new asset-based revolving loan of up to $125 million, for ...Read More »
Trade and Transportation
Embattled shipping company Horizon Lines faces losing its listing on the New York Stock Exchange. Charlotte-based Horizon Lines said it has fallen below the NYSE’s listing standards because its market capitalization averaged less than $50 million during a 30 trading-day ...
Tagged with: Horizon LinesRead More »
The Charlotte-based US Airline Pilots Association, upset about pilots’ pay, plans to picket at Philadelphia International Airport at 11:15 a.m. today to bring attention to what it calls efforts by US Airways to delay contract negotiations. Phoenix-based US Airways’ largest hub is ...Read More »
The controversial Independence Boulevard area plan passed unanimously during a Charlotte City Council meeting Monday. Among other things, transit has been a source of debate over the plan. The transit plan created by the Metropolitan Transit Commission includes bus rapid transit ...Read More »
US Airways has begun providing daily flights to Dublin and Madrid from Charlotte/Douglas International Airport. The Madrid service begins today. Dublin service begins Saturday. The flights will operate during the summer, through Sept. 30. The new flights bring the number ...Read More »
When it comes to lengthy and convoluted planning processes, the Independence Boulevard project is one of Charlotte’s most notorious examples. And it doesn’t look like things are going to improve any time soon. Multiple public agencies are involved in the ...
Tagged with: Alec Polites Alysia Osborne Bob Cook Charlotte Area Transit System Charlotte-Mecklenburg Planning Commission Charlotte-Mecklenburg Planning Department Eastside Political Action Committee Ed Garber Jim Cavalaris Mecklenburg Union Metropolitan Planning Organization Metropolitan Transit Commission Nina Lipton North Carolina Board of Transportation Paul WilliamsRead More »
It was six pages that disturbed many in Charlotte. The Charlotte-Mecklenburg Police Department report released last month, in the wake of the Delvonte Tisdale incident, detailed a slew of security issues at Charlotte/Douglas International Airport: not enough law enforcement, law ...Read More »
Fitch Ratings said it has affirmed an ‘A+’ rating for Charlotte/Douglas International Airport’s $586 million in revenue bonds. Fitch also gave the bonds a “stable” outlook. Among other things, the A+ rating stems from the airport’s “outstanding financial performance” and its ...Read More »