24 June 2016

Spirit Airlines and International Association of Machinists (IAM) ratify agreement

Spirit Airlines reported that its ramp service team members located at the Fort Lauderdale-Hollywood International Airport (FLL) ratified a tentative agreement, completing negotiation of their first collective bargaining agreement. The team members had ratified an interim agreement in June of 2015, covering wages, job security, union security, and benefits. The newly ratified agreement also addresses […]

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Iranair and Boeing reach airplane purchase agreement

An agreement has been signed after Boeing company representatives paid several official visits to Iran and held effective talks with Iranair officials. If approved by both governments, Boeing will sell Iranair 100 aircraft mainly from the new-generation Boeing 737 family, as well as 300ER & 900 aircraft from the 777 family, in a deal worth

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Quebec government concludes deal on Bombardier CSeries US$1 billion investment

It has been confirmed that the deal first disclosed on October 25, 2015 whereby the Quebec government was to invest US$1 billion in cash-strapped Bombardier, has been concluded. The payment will come in two tranches, with US$500 million due on June 30, and a further US$500 million on September 1. According to Bombardier, “The investment

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Boeing to provide airport and airspace modeling services to assist Turkish authorities

Boeing has signed a new Technical Assistance Agreement with iGA Havalimani Isletmesi A.S. (IGA), the developer and operator of Istanbul New Airport. Through the agreement, Boeing subsidiary Jeppesen will provide its Total Airport and Airspace Modeler (TAAM) solution to assist IGA and DHMI, Turkey’s General Directorate of State Airports Authority. This group will support the

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Waypoint Leasing places two new Sikorsky S-92 Helicopters

Waypoint Leasing (Ireland), the independent global helicopter leasing company, has placed two new Sikorsky S-92s on lease with a global helicopter operator. Waypoint also announced that it has successfully re-leased 16 aircraft with legacy operators, further demonstrating continued global demand for certain medium and heavy aircraft. Clark McGinn, Waypoint’s Senior Vice President of Sales &

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