5 August 2016

China’s HNA Group acquires 23.7% of Brazil’s Azul Airlines for US$450 million

China’s HNA Group has acquired a 23.7% stake in Brazil’s Azul Airlines (Azul) through its subsidiary, Hainan Airlines, the agreement first disclosed in November last year. Aside from Azul and a pending investment US$114 million for a 13% stake in Virgin Australia, HNA Group also has a stake in Africa World Airlines, Aigle Azur, Comair […]

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American Airlines and TWU-IAM Association reach interim agreement on pay increases

American Airlines (AAL) and the TWU-IAM Association announced they have reached an interim agreement to provide significant pay increases to the 30,000 maintenance, fleet service and other related employees represented by the TWU-IAM Association. The pay increases will go into place immediately while the negotiating committees continue working toward a joint collective bargaining agreement for

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IATA – terrorism, economic uncertainty, weigh on traffic

The International Air Transport Association (IATA) announced global passenger traffic data for June showing that demand (measured in revenue passenger kilometers or RPKs) rose by 5.2% compared to the year-ago period. This was up slightly from the 4.8% increase recorded in May (revised). However, the upward trend in seasonally-adjusted traffic has moderated since January. June

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Avtrade announces appointment of new Regional Sales Director

Avtrade has appointed Tom Vansittart as Regional Sales Director with responsibility for Europe and the America’s. A purchasing and supply qualified expert with 18 years’ experience in the aviation industry, Tom brings a wealth of knowledge and expertise to Avtrade’s sales department. With a background in engineering stores, aircraft interiors procurement, vendor management and more

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Allegiant breaks ground on US$24m training center in Orlando Area

Allegiant on Thursday, August 4, formally broke ground on the airline’s new East Coast training center, located adjacent to Orlando Sanford International Airport (SFB) in Sanford, Florida. The US$24m, 43,000 ft² facility will be completed and equipped to begin hosting training for Allegiant flight crew members and mechanics by Q1 of 2017. Allegiant operates a

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