SATS BUYS TFK FOR $122 MILLION
SATS Investments has acquired Japan Airlines' entire stake of 50.7% Japanese airline caterer TFK Corp for about $122 million paid in cash. TFK will become a subsidiary of SATS. The deal gives SATS ent...
SATS Investments has acquired Japan Airlines' entire stake of 50.7% Japanese airline caterer TFK Corp for about $122 million paid in cash. TFK will become a subsidiary of SATS. The deal gives SATS ent...
One of Cathay Pacific’s 747-400 aircraft was forced to make an emergency landing in Kazakhstan after the cabin lost pressure. The Hong Kong-bound aircraft landed at Karaganda airport in central Kazakh...
Nicholas E. Calio, a Citigroup lobbyist and former White House official, has been appointed as the new president and CEO of the Air Transport Association of America. Calio, who will assume the positio...
Recent US government papers describe Washington’s anger with the new aviation passenger duty, Britain’s extradition arrangements with America and lax visa checks on Pakistanis coming to Britain. The p...
Continental Airlines has stated it has reached a labour contract with some 7,000 fleet-service employees, represented by the Teamsters union. The union will hold a ratification vote on the new contrac...
The Jamaica Civil Aviation Authority has declined an application from Air Turks and Caicos for a licence to service several Caribbean routes, including Jamaica. Jamaica Air Shuttle, which trades as Ai...
Aircraft manufacturer Embraer has begun the first phase of its new construction project in Évora, Portugal. The 330,000 square foot, $48 million facility will manufacturer airframe structures and comp...
Aveos, global MRO provider, has opted for Ramco Canada to provide its Series 5 Aviation MRO software, including financials and aviation analytics. The Series 5 Aviation Suite automates the business pr...
Skywest Airlines has warned its first-half profit would drop by nearly $3 million due to costs associated with its A320-200 order. Shares in the airline slumped 10% on the news. Skywest executive chai...
Hartsfield-Jackson International Airport in Atlanta has reported a return to traffic norms following a power outage yesterday that forced Delta Airlines to cancel or delay flights. "The power is back ...
Southwest Airlines has won several satisfaction categories in a Zagat survey. The awards include best value among domestic airlines, best luggage policy, best check-in experience, best consumer on-tim...
Hawaiian Airlines has added another six aircraft to its order for seven Airbus A330-200s. It already operates three A330-200s on operating lease from CIT. Hawaiian has chosen Rolls-Royce Trent 700 eng...
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