29 June 2015

United Airlines targets South American Market with purchase of 5% stake in Azul

In an area of air travel well represented by United’s competitors, to become more competitive they have acquired a 5% stake in Brazil’s third-largest airline, Azul, for $100million. The intention is for the two airlines to operate a codesharing agreement, and the purchase of a percentage of the airline will be made in the form […]

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GA Telesis appoints Alvin Khoo as Chief Financial Officer

GA Telesis has posted that Alvin Khoo, Senior Vice President and Chief Investment Officer, has been appointed chief financial officer and officer of the company. As CFO, Mr. Khoo will be responsible for the company’s global financial operations. Reporting to Abdol Moabery, President and CEO of GA Telesis, Mr. Khoo will also oversee corporate strategy,

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Lockheed Martin signs purchase agreements with Airbus for two full flight simulators

Lockheed Martin Commercial Flight Training (LMT) and Airbus have signed a frame contract enabling Airbus to expedite procurement of flight simulation devices for their customers, Airbus training centers and their affiliates worldwide. The frame contract emphasizes the shared intent to partner on future training programs, and combines Airbus’ and Lockheed Martin Commercial Flight Training’s (LMCFT)

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flyADVANCED welcomes back Daniel Stegeman as Chief Flight Instructor

With 11,000 plus flight hours and experience in over 40 models of planes, Daniel Stegeman isn’t a typical Chief Flight Instructor. Stegeman’s hiring is flyADVANCED’s continued effort to change the flight instruction paradigm and utilize more experienced pilots as instructors for its flight school. Stegeman himself developed the flight department for Bentley Systems in Exton,

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Intrepid Aviation has reported the pricing of a private offering

Intrepid Aviation Group Holdings (Intrepid) has announced that it has priced an offering (the Offering) of US$120m in aggregate principal amount of senior notes (the Notes) due 2017. The Notes will be co-issued by Intrepid’s wholly-owned subsidiary, Intrepid Finance Co and will bear interest at a rate of 8.250% per year and were priced at

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