August 4, 2015

“Outrageous” costs sees Willie Walsh and IAG refuse to back third runway at Heathrow

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Willie Walsh, International Airlines Group (IAG) CEO, has made it clear he will “not be supporting” the Airports Commission’s proposals for a third runway at Heathrow, as he believes the costs for its creation are “outrageous.” His principal problem with the proposal for a third runway is based on the financial aspect as he cannot […]

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IATA disappointed by Aéroports de Paris

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The International Air Transport Association (IATA) criticized the decision by the French Government to allow the operator of Paris-Charles de Gaulle (CDG) and Paris-Orly (ORY) airports to continue increasing airport charges for each year of the 2016-2020 period. The French government’s decision ignores the recommendation of the independent Airport Consultative Commission. The Commission concluded that

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HNA Group acquires 100% equity interest in Swissport

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HNA Group and PAI Partners SAS (“PAI Partners”), a private equity fund, have signed an acquisition agreement in relation to the acquisition of 100% equity interest in Swissport Group, one of the world’s largest ground services and cargo handling services provider in Zurich. The total transaction value was approximately CHF2.7bn (approximately RMB17.5bn). The acquisition is

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Alaska Air Group reports July 2015 operational results

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Alaska reported a 5.7% increase in traffic on a 6.4% increase in capacity compared to July 2014. Load factor decreased 0.6 points to 88.5%. Horizon reported a 5.7% increase in traffic on a 3.6% increase in capacity compared to July 2014. Load factor increased 1.9 points to 84.3%.

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Intended offer by FedEx for TNT Express enters Phase II

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FedEx confirmed that the European Commission has initiated a Phase II review in connection with FedEx’s intended public offer to acquire all the issued and outstanding shares of TNT Express N.V. This is the next step in the process where the European Commission conducts an in-depth analysis under the EU Merger Regulation before coming to

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Erickson announces enhanced aircrane modifications

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Erickson Incorporated (EAC) announced newly designed and certified enhancements for the S-64 Aircrane to improve situational awareness for aircraft pilots. As part of a continuous improvement initiative, the company has installed and certified FAA mandated Automatic Dependent Surveillance-Broadcast (ADS-B) OUT (transmit) systems, which are ADS-B IN (receive) systems combined with state of the art GPS

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United names Gerry Laderman acting Chief Financial Officer

People / Leave a Comment

United Airlines released that Gerald (Gerry) Laderman has been named acting chief financial officer. He succeeds John Rainey, who has resigned to become chief financial officer at PayPal Holdings. Laderman, who has held legal and financial positions of increasing responsibility at the company for 27 years, will be responsible for the overall financial operations of

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Magnetic MRO signs first Power-By-the-Hour contract

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Magnetic MRO (MMRO), a total technical care organization headquartered in Tallinn, Estonia, has taken an organic step forward in daily customer support by moving to power-by-the-hour (PBH) components solutions. The first comprehensive PBH contract was signed on June 1st to support the growing fleet of Boeing aircraft operated by Grand Cru Airlines. Having a 24/7

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“Outrageous” costs sees Willie Walsh and IAG refuse to back third runway at Heathrow

IATA disappointed by Aéroports de Paris

HNA Group acquires 100% equity interest in Swissport

Alaska Air Group reports July 2015 operational results

Intended offer by FedEx for TNT Express enters Phase II

Erickson announces enhanced aircrane modifications

United names Gerry Laderman acting Chief Financial Officer

Magnetic MRO signs first Power-By-the-Hour contract

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4 August 2015

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