Air and Travel NEWS

FedEx declares USD0.25 dividend

The board of directors of FedEx Corporation (NYSE: FDX) said it has declared a quarterly cash dividend of USD0.25 per share on FedEx Corporation common stock. The dividend is payable January 4, 2016 … Continue reading “FedEx declares USD0.25 dividend”


Delta matches SkyMiles for veterans

Delta Air Lines (NYSE: DAL) said it is supporting veterans, active service members and their families by matching customer-donated miles to Fisher House Foundation´s Hero Miles Program and Luke´s Wings in November. For … Continue reading “Delta matches SkyMiles for veterans”


PASSUR appoints VP of air traffic management products, strategy

PASSUR Aerospace, Inc. (OTC: PSSR) said it has named Leo Prusak as vice president of air traffic management products and strategy. Prusak joins PASSUR after retiring from the Federal Aviation Administration (FAA) where … Continue reading “PASSUR appoints VP of air traffic management products, strategy”


AerSale promotes new senior vice president, materials division

AerSale, Inc. said that Bill Thompson has been promoted to the position of senior vice president, materials division. In his new capacity Thompson will oversee AerSale´s global materials acquisition and sales efforts covering … Continue reading “AerSale promotes new senior vice president, materials division”


FedEx, TNT Express extend acceptance period for public offer

FedEx Corporation (NYSE:FDX), FedEx Acquisition B.V. and TNT Express N.V. said they have confirmed that the acceptance period for the recommended public offer for all the issued and outstanding ordinary shares in the … Continue reading “FedEx, TNT Express extend acceptance period for public offer”


Rockwell Collins full year sales increase 5%

Rockwell Collins, Inc. (NYSE: COL) said its fiscal year 2015 sales were USD5.24 billion, a five percent increase from fiscal year 2014. Fiscal year 2015 earnings per share from continuing operations was USD5.19 … Continue reading “Rockwell Collins full year sales increase 5%”


Finnair Group posts best Q3 in its history

Finnair Plc (HEX: FIA1S) CEO Pekka Vauramo said that Finnair´s operational result in its seasonally strongest third quarter reached EUR64.2 million, which is the best quarterly result Finnair has ever posted. Revenue amounted … Continue reading “Finnair Group posts best Q3 in its history”


Airlines for America decision speeds Delta's departure date by 6 months

Airlines for America (A4A) said that its board of directors voted unanimously to waive the notice period for Delta Air Lines to leave the association, effective immediately, shortening Delta´s announced intended departure date … Continue reading “Airlines for America decision speeds Delta's departure date by 6 months”


Acromag, Alta Data Technologies offer advance avionics COTS system

Acromag and Alta Data Technologies said they have announced a new product offering that provides unparalleled price-performance and configuration flexibility for rugged avionics systems: Acromag´s new ARCX product with Alta´s avionics interface cards. … Continue reading “Acromag, Alta Data Technologies offer advance avionics COTS system”


B/E Aerospace gets USD260m contract

B/E Aerospace, Inc. (NASDAQ: BEAV) said it has been selected by a major international airline to outfit its new-buy wide-body aircraft with proprietary and unprecedented high-end super first class suites which will set … Continue reading “B/E Aerospace gets USD260m contract”


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