4 January 2008

TAM receives loan to finance pre-delivery payments for 30 aircraft

TAM signed a loan agreement with the BNP Paribas bank to finance up to $ 117.1 million in pre-delivery payment (PDP) operations for 30 Airbus aircraft contracted with the French company, with confirmed purchase orders and deliveries scheduled for the period 2008 to 2010. TAM’s fleet plan forecasts that it will close 2008 with 123 […]

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Rolls-Royce grows presence in Northern Virginia

Rolls-Royce announced two steps to better position its business activities in North America. In mid-2008, the company will move its North American corporate headquarters, which employs 130 people, from Chantilly, Virginia to a new building in Reston, Virginia. It will then begin to consolidate its North American Purchasing organization in the Chantilly office, which will

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ABX completes CHI acquisition and holding company formation

ABX Holdings, Inc., successor to ABX Air, Inc. has completed its previously announced (November 2, 2007) holding company reorganization and plan to acquire Cargo Holdings International (CHI), a privately held provider of outsourced air cargo services based in Orlando, Fla., for $332 million in cash and common shares of ABX Holdings, its newly formed parent

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