Air and Travel NEWS

AXA PE joins forces with China’s Fosun to sponsor MBO for Club Mediterranee

French private equity firm AXA Private Equity and Chinese conglomerate Fosun International Limited (HKG:0656), holding 9.4% and 9.96% in Club Mediterranee SA (EPA:CU) respectively, said they were in talks with the management to … Continue reading “AXA PE joins forces with China’s Fosun to sponsor MBO for Club Mediterranee”


Aerticket acquires majority stake in Airtrade

Berlin-baed air ticket wholesaler Aerticket AG said it has acquired a majority stake of 85% in Dutch air ticket consolidator Airtrade Holland BV. Aerticket said the move is an essential step towards the … Continue reading “Aerticket acquires majority stake in Airtrade”


American Airlines re-branding wins CLIO for FutureBrand

Last week at the 54th annual CLIO Awards creative marketing agency FutureBrand North America was received a trophy in the corporate identity design category for its recent work with iconic American Airlines (OTC: … Continue reading “American Airlines re-branding wins CLIO for FutureBrand”


Avianca Holdings posts USD 75.3m of net income for Q1

Bogota-based airline operator Avianca Holdings SA (BVC: PFAVTA) said it posted operating income of USD 1.11bn during Q1 ´13. This is equivalent to an increase of 6.0% with respect to the same period … Continue reading “Avianca Holdings posts USD 75.3m of net income for Q1”


Sikorsky Aerospace to modify Brunei Shell S-92s

US helicopter maker Sikorsky´s Sikorsky Aerospace Services (SAS) unit said it plans to perform the first post-delivery search and rescue modifications to Brunei Shell´s Sikorsky S-92 helicopter. Originally configured for offshore oil missions, … Continue reading “Sikorsky Aerospace to modify Brunei Shell S-92s”


IFE Services inks deal with Philippine Airlines

UK-based in-flight entertainment solutions firm IFE Services said that it has been selected by Philippine Airlines as its new in-flight entertainment provider. According to IFE, the agreement covers the provision of IFE content … Continue reading “IFE Services inks deal with Philippine Airlines”


US Ex-Im Bank export of Delta engine maintenance services to Brazil

US federal agency The Export-Import Bank of the United States said it has approved a final commitment for a USD 45.5m loan guarantee to Brazilian airline VRG Linhas Aereas SA. The Ex-Im Bank … Continue reading “US Ex-Im Bank export of Delta engine maintenance services to Brazil”


United Airlines makes Tito's vodka its exclusive brand

Chicago-based carrier United Airlines (NYSE: UAL) said that Tito´s Handmade Vodka will be the exclusive vodka brand served on all of the airline´s flights worldwide. United customers have had access to the vodka … Continue reading “United Airlines makes Tito's vodka its exclusive brand”


Slovenia to privatise 15 companies to avoid EU bailout

Slovenia’s government plans to dispose of 15 state-owned companies, including its second largest bank Nova KBM, largest telecommunications group Telekom Slovenia, flag carrier Adria Airways and Ljubljana Airport, as part of its efforts … Continue reading “Slovenia to privatise 15 companies to avoid EU bailout”


Swiss AviationTraining launches Embraer 190 simulator in Frankfurt

Zurich-based Swiss AviationTraining said it has launched its new CAE Embraer (NYSE: ERJ) 190 full-flight simulator at the Lufthansa Flight Training Center in Frankfurt. According to SAT, the new facility marks another milestone … Continue reading “Swiss AviationTraining launches Embraer 190 simulator in Frankfurt”


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