GE Capital Aviation Services and airberlin announced an agreement for the financing of 12 new aircraft – covering five Airbus A320, three Airbus A321 and four Boeing 737-800, all equipped with CFM engines. This sale-and-lease-back transaction is covering deliveries due in the first three quarters of 2012. The total deal size is approximately $ 1 […]
airberlin and GECAS agree to package deal for 12 aircraft Read More »
AirTran Holdings reported that its stockholders voted overwhelmingly to approve the merger of a wholly-owned subsidiary of Southwest Airlines Co. with and into AirTran at a special meeting held March 23rd in Orlando. More than 98.6% of the votes cast and 77.5% of shares outstanding were voted in favor of the transaction. AirTran and Southwest
AirTran stockholders approve Southwest merger Read More »
AirTran Airways released that it has reached a tentative agreement on terms of a new two-year flight attendant collective bargaining agreement with the Association of Flight Attendants-CWA, AFL-CIO (AFA). The tentative agreement will go before the airline’s flight attendants for a ratification vote over the next 30 days. If ratified by the flight attendants, the
AirTran Airways and Association of Flight Attendants reach tentative agreement Read More »
Toward the end of the first year after the economic and financial crisis, Lufthansa Technik Group was able to profit increasingly from the recovery of the maintenance, repair & overhaul (MRO) market, and boosted its revenues by a total of 1.4%. As expected, however, the operating result could not be held at the high level
Lufthansa Technik increases 2010 revenues, but reports lower result Read More »
