In 2006 the US department of Justice (DOJ) raided several cargo carriers across the world in an investigation into alleged fuel surcharge price fixing. Subsequent to this, over 90 civil lawsuits were brought against over two dozen airlines, including Air New Zealand. The alleged conspiracy took place between 1999 and 2006. Between 2006 and now […]
Air New Zealand agrees US$35 million price fixing settlement Read More »
Swiss International Air Lines has selected Bombardier’s Smart Parts Program to provide component support for the airline’s fleet of 30 all-new C Series aircraft. The 10-year agreement positions SWISS as the launch customer for the C Series Smart Parts Program and provides the airline with comprehensive component maintenance, repair and overhaul (MRO) services, access to
SWISS becomes launch customer for C Series aircraft Smart Parts component support Read More »
Rolls-Royce has despatched the first ‘shipset’ of four engines as part of its largest ever order, for Emirates. The Trent 900 engines left the Rolls-Royce site at Derby, UK, where they were assembled, for Airbus in Toulouse, France, where they will be fitted to an A380 aircraft. Rolls-Royce is providing Trent 900 engines and TotalCare
Rolls-Royce despatches first set of engines as part of largest ever order from Emirates Read More »
Bravia Capital, a global investment firm with offices or affiliate offices in Hong Kong, New York and Mumbai released that Ms. Helen Wong has been appointed as Chief Operating Officer of the firm. Ms. Wong brings to Bravia Capital over 25 years of finance and operational experience in the United States and Asia.
Bravia Capital appoints Helen Wong as Chief Operating Officer Read More »
Gogo and SKY Perfect JSAT Corporation, Asia’s leading provider of satellite services, have entered into partnership for increased satellite connectivity over Japan. Gogo will leverage the JCSAT–5A satellite high throughput beam to increase capacity, which ultimately means better performance for its service to Japan Airlines (JAL). Gogo and SKY Perfect JSAT has also partnered to
Transat A.T., one of the worlds largest integrated tourism companies and Canada’s holiday travel leader, has received a firm offer from TUI AG to purchase its Transat France and Tourgreece tour operating business units for an enterprise value of €54.5m, subject to working capital adjustments at closing. On that basis, Transat has granted exclusivity to
Vector Aerospace, a global independent provider of aviation maintenance, repair and overhaul (MRO) services, announced the grand opening of a new engine test cell at its Summerside facility in Prince Edward Island, Canada. This new multimillion dollar test cell, which was the result of a financing partnership with provincial and federal governments, is capable of
Vector Aerospace celebrates opening of new Canadian turboprop test cell Read More »
Jet Aviation was awarded a 30-year lease for a 17-acre site by the City of Los Angeles to establish an FBO facility at Van Nuys Airport. In 2015, Jet Aviation won a competitive tender process and was selected by Los Angeles World Airports to operate a FBO facility at Van Nuys Airport. Jet Aviation will
Jet Aviation to operate FBO at Van Nuys Airport Read More »
For the month of April 2016, Copa Holdings’ system-wide passenger traffic increased 4.1% year over year, while capacity decreased 0.4%. As a result, system load factor for April 2016 was 76.1%, a 3.3 point increase when compared to April 2015.
Copa Holdings reports monthly traffic statistics for April 2016 Read More »
