5 February 2019

LGSTX Services Acquires TriFactor Distribution Solutions

Air Transport Services Group, said its subsidiary, LGSTX Services, has acquired TriFactor Distribution Solutions, a privately held material handling systems integrator based in Lakeland, FL. This acquisition provides a number of strategic benefits combining operational strengths and expanding complementary services between the companies. The services of the combined LGSTX/TriFactor businesses will be marketed nationwide as […]

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Boeing and Aerion partner on pioneering Supersonic Aircraft

Boeing has partnered with Aerion, a Reno, Nev.-based company pioneering next-generation supersonic aircraft. As part of the agreement, Boeing made a significant investment in Aerion to accelerate technology development and aircraft design, and unlock supersonic air travel for new markets. Terms of the deal were not disclosed. Boeing will provide engineering, manufacturing and flight test

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Qatar and European Union Conclude Negotiations on Air Transport Agreement

The European Union and the State of Qatar have concluded negotiations for a landmark Comprehensive Air Transport Agreement. This historic agreement will be the first of its kind ever between the EU and a Gulf Cooperation Council (GCC) member state, providing a significant competitive edge to air carriers of both sides and a sustainable framework

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Shareholders object as flybe agrees discount sale to Virgin Atlantic-led consortium

A group of shareholders led by investment group Hosking Partners is looking to derail Exeter, U.K.-based flybe’s intention to sell to the Virgin Atlantic-led consortium Connect Airways at what is seen to be a heavily discounted price of one pence (13 cents) per share. Hosking partners is looking to oust flybe Chairman Simon Laffin with

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Spatial to Manufacture A321NX Exit Trainer for Air Lingus

Spatial, a provider of cabin crew training simulators, will manufacture an A321NX Extended Over Wing Exit Trainer for Aer Lingus. The high fidelity custom-built trainer will enable Aer Lingus’s cabin crew to be comprehensively trained to the highest standards of passenger service as well as all Safety and Emergency Procedures (SEPs) associated with the real

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Germania goes bust as low-cost carriers struggle

Berlin-based budget carrier Germania Fluggesellschaft mbH, trading as Germania, has filed for bankruptcy, citing fuel prices and currency fluctuations as the principal causes and ceasing all operations with immediate effect. “We ultimately failed to successfully complete our financing efforts to meet short-term liquidity needs,” said managing director Karsten Balke, adding: “We very much regret that,

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