HEICO Corporation reported that its Radiant Power Corp. (“Radiant”) subsidiary, acquired the aerospace assets of Moritz Aerospace, in an all cash transaction. Radiant is part of HEICO’s Electronic Technologies Group. HEICO stated that it expects the acquisition to be accretive to its earnings within a year following the purchase. Further financial terms and details were
JetBlue Airways, New York’s Hometown Airline, and Dubai-based international carrier Emirates, announced a codeshare agreement to connect the carriers’ networks via New York’s John F. Kennedy (JFK) International Airport. The two airlines have been interline partners since 2010.
Honeywell and Inmarsat have signed an exclusive agreement to provide global in-flight connectivity services to business, commercial, and government aviation customers around the world. Under the terms of the agreement, Honeywell will develop, produce, and distribute the onboard hardware that will enable users to connect to Inmarsat’s Global Xpress network. This exclusive agreement is estimated
Oxford Aviation Academy (OAA) has further enhanced its training capability in Asia through securing Type Rating Training Organisation (TRTO) approval from the Civil Aviation Authority of Singapore (CAAS). OAA is the very first non-Singapore based TRTO to achieve this status. With this new TRTO approval in place, OAA’s Hong Kong training centre can deliver approved
WestJet announced an expanded and exclusive agreement with Thomas Cook that will see WestJet provide more seat capacity for Thomas Cook’s Sunquest vacation product for the 2012-2013 winter season. As an expansion to its successful, two-year, Canada-wide, partnership with Thomas Cook, WestJet will be the only airline providing capacity for Thomas Cook’s tour operator arm
Finnair and TAP Portugal will start code-share cooperation on flights between Portugal and Finland, beginning on April 20th, 2012. With this code-share agreement, Finnair’s code will be added to TAP’s direct flights between Lisbon and Helsinki. This is an attractive additional destination for Finnair customers, including customers flying to Europe via Helsinki from Finnair’s eleven
Bombardier Aerospace announced the official inauguration of its Engineering Service Office located in Bangalore, India. The Bombardier Engineering Service Office began operation in December 2011 and currently employs approximately 20 people. The new Engineering Service Office, which will house approximately 50 aerospace engineers by the end of 2013, will support Bombardier Aerospace’s in-production and in-development
Jazz Aviation has received notification from Thomas Cook Canada of its intention to discontinue operating dedicated charter aircraft, branded as Thomas Cook Canada, due to market conditions. As a consequence, the remaining three years of the five-year flight services agreement with Jazz will be terminated effective April 30, 2012. In 2010, Jazz signed a five-year
Butler National Corporation, a leader in the growing global market for structural modification, maintenance, repair and overhaul (MRO) announces additional resources are being focused on acquisition opportunities. Clark D. Stewart, CEO of Butler National said, “Our goal over the next twenty-four months will be to acquire companies that build on our current position in the
Delta Air Lines, along with city, state and federal officials, broke ground on a $160m renovation and expansion of its facilities at New York LaGuardia Airport, on April 11th. The project, which includes a 630-foot connector bridge linking Terminals C and D, a new Delta Sky Club in Terminal C and expanded security lanes in
