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AA, BA, Qantas, Cathay Pacific and oneworld alliance offer USD $2 billion in enhanced commercial benefits for Japan Airlines

American Airlines, along with fellow oneworld Alliance founding members British Airways, Qantas Airways and Cathay Pacific Airways, outlined USD $2 billion in commercial benefits to Japan Airlines (JAL) over three years. The enhanced oneworld proposal would provide JAL the best path to future success while minimizing risk for the Japanese government and taxpayers and maximizing

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Hong Kong Aviation completes acquisition of Allco Aviation business and assets

Hong Kong Aviation Company (“HKAC”), a leading investor in the global aviation sector, has successfully completed the acquisition of the Allco Aviation business and assets from the Receiver of the Sydney, Australia based Allco Finance Group. The Allco Finance Group went into Receivership in November 2008. Financial terms of the transaction have not been disclosed.

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GE completes acquisition of BMB Fuel

GE Aviation has completed the acquisition of BMB Fuel Consulting Services, Inc. (BMB Fuel), a privately owned, Ottawa-based supplier of fuel consulting services used primarily to identify and track operational improvements for airlines that reduce fuel consumption. BMB Fuel’s expertise and fuel management software broaden GE’s existing fuel and carbon offerings to aviation customers. Fuel

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Boeing acquires Alenia North America's interest in Global Aeronautica

Boeing said today it has acquired Alenia North America’s half of Global Aeronautica, LLC, a South Carolina fuselage subassembly facility for Boeing’s 787 Dreamliner, and is now the sole owner of that entity. Alenia North America is a subsidiary of Italy’s Alenia Aeronautica, a Finmeccanica company. Operationally, Boeing will integrate the Global Aeronautica facility with

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