PE firm acquires Doss Aviation
Doss Aviation has been acquired by a New York-based private equity firm J.F. Lehman & Co for an undisclosed price. Debt financing was arranged by BNP Paribas, Abacus Financial Group and Babson Capital...
Doss Aviation has been acquired by a New York-based private equity firm J.F. Lehman & Co for an undisclosed price. Debt financing was arranged by BNP Paribas, Abacus Financial Group and Babson Capital...
Following the European Court of Justice’s ruling yesterday that the European Union Emissions Trading Scheme, rumours abound that the US and China are planning to retaliate against the scheme. One opti...
In its judgment delivered yesterday, the Court of Justice has confirmed the validity of the European Union directive that includes aviation activities in the emissions trading scheme (ETS). The Court ...
U.S. Transportation Secretary Ray LaHood and Federal Aviation Administration (FAA) Acting Administrator Michael Huerta have announced a sweeping final rule that overhauls commercial passenger airline ...
Willis Lease Finance has declared the regular monthly cash dividend for its 9% Series A, Cumulative Redeemable Preferred Stock of $0.075 per share. The preferred dividend will be paid on January 16, 2...
Frontier Airlines has entered into a partnership with Icelandair to allow passengers to book a flight from anywhere in the country through Denver International Airport on the two airlines with a singl...
Shareholders of LAN Airlines have approved a merger with Brazil's TAM. Last month, the merger was cleared by Brazil's top antitrust court, Cade. Chilean antitrust authorities had previously approved t...
Virgin America has posted a third-quarter loss of $3.3 million compared with its year-earlier profit of $7.5 million. High fuel prices were blamed for the loss. Revenues were up however by 44% compar...
Ethiopian Airlines is finalising negotiations with the Canadian aircraft manufacturer, Bombardier, to buy five Bombardier Q400 turboprop aircraft. A senior executive at Ethiopian told Aviation News On...
Volartec has won a contract from Avior Airlines for the supply of its Maintenance Management Software System Alkym. Alkym Management and Control System for Aircraft maintenance is an integrated and co...
Spirit Airlines has earned $50 million in fees from carry-ons bags in its first year of the program. Meanwhile, passenger traffic rose too, by 24.5%. Spirit is the only airline to charge for carry-on ...
Frontier Airlines plans to increase the frequency of its nonstop service between Denver and New York's LaGuardia airport from March 25. The airline will increase frequency to three flights every day a...
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