ACE Aviation Holdings has sold in the market a total of 19,892,088 units of Aeroplan Income Fund for total net proceeds to ACE of approximately $349.3 million and a total of 11,726,920 units of Jazz Air Income Fund for total net proceeds to ACE of approximately $85.0 million. ACE retains no further interest in Aeroplan […]
ACE Aviation sells remaining units of Aeroplan- and Jazz Air Income Fund Read More »
Boeing and Cathay Pacific Airways have signed an agreement for an Integrated Materials Management (IMM) solution designed to reduce the airline’s operating costs and allow Cathay Pacific to focus its resources on core business activities. Boeing will manage selected portions of the airline’s expendable spare parts inventory, helping it achieve consistently high service levels for
Boeing and Cathay Pacific sign contract for IMM parts solution Read More »
KD Avia, a fast growing Russian airline, has placed a commitment with Airbus for the purchase of 25 A319s, thus becoming a new Airbus customer. The agreement was signed at the International Berlin Airshow. KD Avia
KD Avia commits to 25 Airbus A320 Family aircraft Read More »
Iberia Maintenance has signed a long term agreement with DHL to overhaul more than 80 Rolls Royce RB211-535C37 engines operated by their two key European Airlines, DHL Air and European Air Transport. DHL Air Ltd, based at East Midlands Airport in the United Kingdom and Brussels, Belgium based European Air Transport N.V./S.A operate thirty four
DHL selects Iberia Maintenance as long term maintenance provider Read More »
Iberia released that net earnings by the Iberia Group climbed to 327.6 million euros from the 56.7 million euros posted in 2006, far exceeding the targets set in the 2006-2008 Strategic Plan, and enabling the company to pay its shareholders a dividend of 17 eurocents per share. Operating earnings in 2007 reached 283.5 million euros,
Iberia posts 2007 profit of 327.6 million euros Read More »
