Southwest Airlines confirmed that the carrier is preparing a bid to acquire Denver-based Frontier Airlines, which will be sold at auction in bankruptcy court next month. The carrier has submitted a nonbinding proposal in accordance with the bidding procedures established in the U.S. Bankruptcy Court for the Southern District of New York. The bid is
Universal Asset Management released that it inducted an ex-AeroMexico MD87 into its End of Life Recycling Program for disassembly. Parts are available for immediate sale.
Honeywell introduced its AV8OR ACE, a new seven-inch touch screen handheld Global Positioning System. The AV8OR ACE offers a large display – seven inches – and is as easy to use as the highly touted AV8OR handheld introduced last summer, thanks to its touch screen user interface. The AV8OR ACE provides geo-referenced FAA charts, eliminating
The European Commission has not yet approved anti-trust immunity for the planned merger of Lufthansa and Austrian Airlines. Under the terms of Lufthansa
TransDigm Group Incorporated announced that it has acquired the stock of Acme Aerospace from a subsidiary of Actuant Corporation, for approximately $40 million in cash. Acme supplies proprietary, highly engineered components to the commercial aerospace industry. Acme has annual revenues of approximately $18 million and employs approximately 90 people in its Tempe, Arizona facility. Acme
Garmin International a unit of Garmin Ltd a global leader in satellite navigation, announced the G500, a new avionics suite designed specifically for Part 23 Class I and Class II aircraft, which are defined as single and twin-engine piston and turbine engine aircraft under 6,000 pounds. The G500 is similar in design to Garmin
Ryanair announced a 40% capacity cutback in its Stansted Winter Schedule starting in October
World Airways has extended a contract with Allied Air to operate one MD-11F on a full-time basis for service through December 2011 between Ostend, Belgium and Lagos, Nigeria, continuing on to Nairobi, Kenya, and returning to Ostend. World Airways, a subsidiary of Global Aviation Holdings, began operating the aircraft for Allied Air in October 2008.
Lufthansa and Brussels Airlines are now offering codeshare flights on selected long-haul routes as part of their agreement to expand their cooperation and open up their networks to each other’s passengers. The first jointly operated long-haul services are Brussels Airlines flights from Brussels to Entebbe, Uganda and the new Lufthansa connection from Frankfurt to Libreville,
WestJet, Air France and KLM announced that as of July 16th, the two European companies will offer interline itineraries that connect guests into WestJet’s Canadian network. Initially, connections will be made through the gateways of Calgary and Vancouver, with the option to continue on to Vancouver, Calgary or Edmonton.
