Air and Travel NEWS

Ultra Electronics USSI, Sparton Corporation get USD16.1m in foreign sales contracts

Ultra Electronics USSI, a subsidiary of Ultra Electronics Holdings plc (ULE), and Sparton Corporation (NYSE: SPA) said they have announced the award of subcontracts valued at USD16.1 million from their ERAPSCO/SonobuoyTech Systems joint … Continue reading “Ultra Electronics USSI, Sparton Corporation get USD16.1m in foreign sales contracts”


Harris gets USD11m order for Falcon III tactical radios

Harris Corporation (NYSE: HRS) said it has received a USD11 million order from a nation in the Middle East to supply the Harris RF-7800 series of Falcon III® multiband, multimission radios as part … Continue reading “Harris gets USD11m order for Falcon III tactical radios”


AeroCentury renews management agreement

AeroCentury Corp. (NYSE MKT: ACY) said it has reached a new management agreement with its current management company, JetFleet Management Corp. which continues JMC´s management services through August 2025 and provides AeroCentury with … Continue reading “AeroCentury renews management agreement”


Portland International Airport boasts 42 PowerPost EV chargers

In the largest installation of commercial electric vehicle chargers at an airport in the United States, Portland International Airport (PDX) now has 42 L1 PowerPostâ„¢ EV charging stations in place. PowerPost® commercial electric … Continue reading “Portland International Airport boasts 42 PowerPost EV chargers”


UK government sets regulated rail fare increases at 1% for 2016

Rail fares in the UK are to be capped at the inflation rate under a five year plan announced by government on Tuesday, which means rail fares will increase by just 1% next … Continue reading “UK government sets regulated rail fare increases at 1% for 2016”


Sheraton Bloomington announces multi-million dollar renovation

Sheraton Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) said it has completed the Sheraton Bloomington renovation, a USD15 million project designed to reinvigorate the hotel´s guest and … Continue reading “Sheraton Bloomington announces multi-million dollar renovation”


3 Element hotels set to open in China

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) said that three more Element hotels set to open in Greater China in the next four years, following the recent opening of the Element brand´s … Continue reading “3 Element hotels set to open in China”


AeroCentury earnings up 80% to USD1.4m

AeroCentury Corp. (NYSE MKT: ACY) said it reported earnings growth of 80 percent to USD1.4 million, or USD0.87 per diluted share, in the second quarter of 2015, from USD752,000, or USD0.48 per diluted … Continue reading “AeroCentury earnings up 80% to USD1.4m”


Virgin America names 2 to board

Virgin America Inc. (NASDAQ: VA) said it has appointed Jennifer Vogel and Paul Wachter to the Virgin America board of directors, effective immediately. With these additions, the Virgin America board expands to 11 … Continue reading “Virgin America names 2 to board”


Avolon delivers Boeing 737-800 aircraft to Lion Air

Avolon (NYSE:AVOL) said it has delivered a Boeing 737-800 aircraft to Lion Air. This delivery is the seventh Avolon aircraft on lease to Lion Air. Avolon is an international aircraft leasing company, headquartered … Continue reading “Avolon delivers Boeing 737-800 aircraft to Lion Air”


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