Skyservice Airlines announced the shutdown of its operations following the appointment of a receiver by the Ontario Superior Court of Justice. Recent changes in the Canadian vacation tour market combined with Skyservice Airlines’ debt level have rendered the company unable to maintain profitable operations. As a result, one of the company’s secured lenders applied for
Blue Sky Network, a leading global provider of Iridium-based GPS tracking and communication solutions for land, sea, and aviation assets, has been selected by MIAT Mongolian Airlines to provide flight tracking, voice communications, and data messaging capabilities onboard its fleet of B-737 aircraft. With the Blue Sky equipment, Mongolia
Aer Lingus Regional took to the skies for the very first time from Blackpool International. Aer Lingus Regional started operating the Blackpool to Dublin route from March 28th 2010. There are now daily flights between Blackpool and Dublin, extra passenger capacity and trans-Atlantic connectivity to New York via Dublin.
Sabre Holdings announced the acquisition of Iceland-based Calidris ehf, a revenue integrity and business intelligence solutions company. Calidris will become part of Sabre Airline Solutions, a leading provider of integrated solutions and services for airlines and airports. The acquisition is part of Sabre
Baltia Air Lines has executed a cargo handling agreement with Cargo Terminal Pulkovo for the physical handling of outbound and inbound cargo, ramp services, mail handling and shipping document processing. The Pulkovo Cargo Terminal is the largest facility of its kind serving air cargo flows in northwestern Russia.
AAR has signed an agreement to acquire Aviation Worldwide Services (AWS), a leading provider of expeditionary airlift services and aircraft modifications to the U.S. and other government customers, from Xe Services. AAR is acquiring the business as part of its long-term strategy to expand its products, services and capabilities in support of government customers in
DVB Bank, Mitsubishi Corporation (UK) and Engine Lease Finance have formed a joint venture company, Deucalion MC Engine Leasing Limited, incorporated in Ireland, for the purpose of investing in commercial aircraft engines subject to leases with airlines worldwide. The joint venture company has completed its first portfolio acquisition, consisting of seven commercial aero engines which
Aeroflot and Air France-KLM, signed a new cooperation agreement, which will enter into effect on 28 March 2010. This agreement will enable Aeroflot and Air France, SkyTeam alliance partners, to offer their customers code-shared flights beyond their respective hubs at Moscow-Sheremetyevo and Paris-Charles de Gaulle, therefore taking benefits of the provisions of the agreement concluded
TAP and the SPAC have reached an agreement, meaning that the strike scheduled for 26 to 31 March can be called off. The agreement includes a pay rise of 1.8%, the same as for the other TAP unions, and equal sharing of productivity gains by pilots and the airline. Fernando Pinto, TAP Executive Chairman, said
Genesis Lease has received shareholder approval for its proposed merger with AerCap Holdings N.V. More than 70% of the Genesis common shares issued and outstanding as of the record date were voted and, of the votes cast, more than 97% were voted in favor of the merger. Genesis anticipates that the transaction will close on
