Air and Travel NEWS

Bargain hunting British travellers widen horizons in search of deals

Spain is still the UK’s most popular overseas tourist destination, but with bargain hunting Brits keen to find the best deals, UK travellers are widening their palette of options, according to data provided by Asda Money. The UK … Continue reading “Bargain hunting British travellers widen horizons in search of deals”

Air China agrees aircraft parts JV with GA Telesis

Chinese airline Air China Ltd (HKG:0753) has set up a domestic aircraft spare parts supplying joint venture together with US airplane, engine and parts broker GA Telesis LLC, the parties announced. The agreement … Continue reading “Air China agrees aircraft parts JV with GA Telesis”

Li Ka-shing closes in on a stake in Manchester Airport

Cheung Kong Infrastructure Holdings Limited (HKG:1038), or CKI, the infrastructure investment vehicle controlled by Hong Kong billionaire Li Ka-shing, has been left with one rival in the race for a stake in UK … Continue reading “Li Ka-shing closes in on a stake in Manchester Airport”

Airline pilot apprenticeships unveiled by UK government

The UK government announced today an expansion of the higher apprenticeships scheme to include sectors such as aviation, low carbon engineering, legal services and space engineering. In the second round of the GBP25m … Continue reading “Airline pilot apprenticeships unveiled by UK government”

Finnair’s sale of catering business to LSG Sky Chefs collapses

The board of Deutsche Lufthansa AG (ETR:LHA) has rejected a plan for its in-flight foodservices unit, LSG Sky Chefs, to acquire the  Finnish airline Finnair’s (HEL:FIA1S) catering business. The parties signed a memorandum … Continue reading “Finnair’s sale of catering business to LSG Sky Chefs collapses”

GuestLogix Inc to deploy technology with Jet Airways in India

Global provider of onboard retail and payment technology solutions to airlines and the passenger travel industry, GuestLogix Inc (TSX:GXI) announced on Tuesday that it will deploy its onboard retailing technology and point-of-sale (POS) handheld devices to power Jet Airways’ in-flight duty free programme, JetBoutique.

Clear Channel Airports collaborates with SapientNitro on new version of FlySmart: Be an Airport Insider app

Airport advertising company Clear Channel Airports (CCA) announced on Monday that it has partnered with SapientNitro, an integrated marketing and technology services firm, to launch the latest version of “FlySmart: Be an Airport Insider,” a mobile travel application that provides information to air passengers.

DataCash to manage Volotea’s international payment processing

DataCash Group Ltd (part of MasterCard Incorporated) a provider of multi-channel global payment processing services and advanced fraud prevention and risk management solutions to merchants and banks, announced on Monday that new European low cost carrier Volotea has selected DataCash to manage its international payment processing.

Platte River Ventures sells PRV Aerospace

Denver based private equity firm Platte River Ventures on Monday announced the sale of its portfolio company, PRV Aerospace LLC, to an affiliate of Court Square Capital Partners, a private equity firm with headquarters in New York.

Universal Aviation opens fourth Italian office

Ground support division of Universal Weather and Aviation Inc Universal Aviation on Monday announced that it has opened a fourth office in Italy at Venice’s Marco Polp Airport.

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