30 April 2008

Silverjet enters into MOU with UAE based investor

Silverjet, the British exclusively business class airline, announces an update on its working capital position and that it has entered into a memorandum of understanding with a UAE based investor (the “Investor”). Following recent material increases in fuel prices and tightening of credit conditions in the airline industry, Silverjet’s working capital has deteriorated and its […]

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Hawaiian Airlines reaches settlement with Mesa Air Group

Hawaiian Airlines announced today that it has reached a settlement of its lawsuit with Mesa Air Group, Inc., regarding Mesa’s misuse of confidential and proprietary information obtained during Hawaiian’s Chapter 11 plan of reorganization in 2004. Under the terms of the settlement agreement, Hawaiian Airlines will receive a cash payment of $52.5 million and Mesa

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Next-Generation Bombardier Challenger 605 jets to join Flexjet fleet

Bombardier Flexjet, the fractional business jet ownership program of Bombardier Aerospace, has announced the induction of Bombardier’s new Challenger 605 jets into the Flexjet fractional fleet. The Challenger 605 jets are among 24 new aircraft scheduled to enter service with Flexjet in 2008. The additional new arrivals will include the best-selling, super-midsize Challenger 300 and

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