Aviation Capital, Jetstar Pacific sign agreement for 10 new Airbus aircraft

Aviation Capital Group Corp. (ACG) has signed a sale and lease-back agreement with Jetstar Pacific for 10 new Airbus A320-200 aircraft, the company said.

The first two aircraft are expected to be delivered in June 2017 and the remaining eight in the last two quarters of 2017.

ACG and its subsidiaries have ordered a total of 158 A320 family aircraft, comprised of 61 A320neo family and 97 A320ceo family aircraft, directly from Airbus for its own order book.

Aviation Capital Group is a full service aircraft asset manager with approximately 415 owned, managed, and committed aircraft, which are leased to approximately 100 airlines in approximately 45 countries. ACG was founded in 1989 and is a wholly owned subsidiary of Pacific Life Insurance Company.

Jetstar Pacific is one of Vietnam´s low-cost carriers, operating a total of 36 domestic and international routes. It is part of the larger Jetstar Group network that connects to more than 80 destinations in 17 countries with 4,000 weekly flights across Jetstar Airways (Australia), Jetstar Japan (Japan), Jetstar Asia (Singapore), and Jetstar Pacific. The airline is owned by Vietnam Airlines and the Qantas Group.

Mesa Airlines to receive USD 100m engine financing from TCP

Tennenbaum Capital Partners, LLC (TCP) has announced that certain of its funds have agreed to provide a USD 100m engine financing facility to Mesa Air Group, Inc. (Mesa), a regional airline, the company said.

The facility will be used to purchase a portfolio of new General Electric CF34-8C5 engines and will provide Mesa with additional financing capacity to support its growing business.

Imperial Capital LLC acted as the exclusive financial advisor to Mesa in sourcing the financing. In closing the financing, Mesa was represented by DLA Piper and TCP was represented by Hughes Hubbard and Reed LLP.

Tennenbaum Capital Partners is an alternative investment management firm focused on direct lending and special situations for middle-market companies. The firm manages funds and accounts on behalf of global institutional investors. It also manages a publicly-traded business development company, TCP Capital Corp (NASDAQ: TCPC). TCP is headquartered in Los Angeles with additional offices in New York and San Francisco.

Phoenix-based Mesa Airlines operates as American Eagle from hubs in Phoenix and Dallas/Fort Worth and as United Express from Washington Dulles and Houston. Mesa currently operates 133 aircraft, with more than 600 daily system departures to 124 cities, 38 states, the District of Columbia, Canada, Mexico, and the Bahamas. The company has approximately 2,800 employees.

Sabre to bring FlightGlobal's real-time flight data to travel agents worldwide

Southlake, Texas-based Sabre Corporation (NASDAQ: SABR) will introduce live data feeds from FlightGlobal´s schedule data, the industry´s most comprehensive database of airline schedules from more than 900 carriers worldwide, into its leading global distribution system (GDS) and travel booking platforms, the company said.

FlightGlobal is a comprehensive database of airline schedules from more than 900 carriers worldwide. Now more than 425,000 travel agents worldwide have live access to flight changes and up-to-the-millisecond flight schedules.

All flight data processed in the Sabre travel marketplace and through Sabre APIs for online travel sites and developers will update dynamically at the time consumers, travel agents, and business travelers shop for flights.

For airlines, the increased schedule accuracy allows them to market more efficiently, ensure their inventory is accurately displayed across channels, and better manage seat availability for each flight. Meanwhile, travel consultants will experience a modernized schedule process in the Sabre Red agency platform, with more reliable content at their fingertips that will drive more effective sales and improved customer satisfaction.

Sabre Corporation is a technology provider to the global travel industry. Its software, data, mobile, and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage critical operations, including passenger and guest reservations, revenue management, flight, network, and crew management. The company also operates a global travel marketplace, which processes more than USD 120bn of global travel spend annually by connecting travel buyers and suppliers. Sabre serves customers in more than 160 countries around the world.

Part of Reed Business Information, FlightGlobal, incorporating FlightStats and Diio, employs 380 people globally and is headquartered in London with offices in New York, Atlanta, Portland, Washington DC, Dubai, Hong Kong, Singapore and Tokyo.

Qualcomm launches end-to-end 802.11ax Wi-Fi portfolio

Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated (NASDAQ: QCOM), has announced an end-to-end 802.11ax portfolio, which includes the IPQ8074 system-on-chip (SoC) for network infrastructure and QCA6290 solution for client devices, making Qualcomm Technologies the first company to announce end-to-end commercial solutions to support 802.11ax, the company said.

As Wi-Fi networks become more crowded, dense and diverse, Qualcomm Technologies´ 802.11ax solutions are designed to improve connected experiences, delivering up to 4x greater capacity to make Wi-Fi traffic more efficient, resulting in up to 4x faster user throughput and longer battery life for Wi-Fi devices*. Qualcomm Technologies expects to sample the IPQ8074 and QCA6290 in the first half of 2017.

Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, engineering, research and development functions, and products and services businesses, including, QCT semiconductor business.

Alaska Airlines, Horizon Air employees earn USD 100m in bonuses

Employees of Alaska Air Group companies Alaska Airlines and Horizon Air are receiving USD 100m in bonuses, following Wednesday´s record fourth quarter and record full-year earnings announcement, the company said.

For most employees, this equates to more than 8 percent of their annual pay in 2016.

The company´s annual bonus, called Performance Based Pay (PBP), is determined by meeting or exceeding specific company-wide goals for safety, customer satisfaction, cost control, and profit. For the eighth year in a row, employees will enjoy a payout of about an additional month´s pay.

The PBP bonus is in addition to the approximately USD 15m in 2016 operational bonuses that employees earned for achieving monthly on-time and customer satisfaction goals. The combined monthly and annual 2016 bonuses paid to employees totals USD 115m.

Starting this year, Virgin America employees are included in Alaska´s PBP program. Alaska closed its acquisition of Virgin America in December 2016.

Alaska Airlines and Virgin America along with their regional partners, fly 40 million customers a year to 118 destinations with an average of 1,200 daily flights across the United States and to Mexico, Canada, Costa Rica and Cuba. With Alaska and Alaska Global Partners, customers can earn and redeem miles on flights to more than 900 destinations worldwide. Learn more about Alaska´s award-winning service and unmatched reliability at newsroom.alaskaair.com and blog.alaskaair.com. Alaska Airlines, Virgin America and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).

Oracle launches cloud service

Oracle has expanded Oracle Cloud Platform´s data integration offerings with the launch of Oracle Data Integrator Cloud, the company said.

This new cloud service significantly simplifies and accelerates cross-enterprise data integration to support real-time analytics that help organizations drive better business decisions.

Oracle Cloud is an integrated public cloud, offering a range of services across SaaS, PaaS, and IaaS. It supports new cloud environments, existing ones, and hybrid, and all workloads, developers, and data.

The Oracle Cloud delivers nearly 1,000 SaaS applications and 50 enterprise-class PaaS and IaaS services to customers in more than 195 countries around the world and supports 55bn transactions each day.

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services

B2B Soft partners with Alphacomm to integrate wireless accessories

B2B Soft, a leader in wireless point-of-sale (POS)/ retail management systems (RMS), has partnered with Alphacomm, an Atlanta-based wireless accessory supplier, the company said.

The new relationship, formed specifically for MetroPCS stores, puts the brakes on so-called “swivel chair” data entry — the redundant task of inputting the same data into multiple systems — by integrating the Alphacomm wireless accessories list with product catalogs within B2B Soft´s proprietary POS system for mobile phone stores, Wireless Standard.

Alphacomm is the exclusive accessory vendor for MetroPCS.

MetroPCS retailers and their customers will both benefit from the new integrated accessories system. By eliminating double entries, customer wait times can now be cut in half, which will also put MetroPCS reps back on the sales floor sooner. Alpacomm wireless accessories integrated into one POS system, managers will get a more accurate and timely view of inventory levels; putting them in a better position to track and stock faster moving items.

B2B Soft develops innovative software solutions for wireless and general retail markets and provides consulting services that enable growth and drive business success.

Alphacomm partners with wireless carriers, national retailers and distributor partners to develop custom private-label handset-specific accessories at launch for every device.

MetroPCS is the flagship prepaid brand of T-Mobile US, Inc., and a provider of unlimited talk, text and data plans with taxes and regulatory fees included.

Delta Vacations adds People-to-People programs to Cuba tours

Delta Vacations has expanded its portfolio to include escorted tours that help travelers satisfy the People-to-People Office of Foreign Assets Control (OFAC) requirements, the company said.

Travelers can choose a guided experience to Havana and Varadero spanning eight days and seven nights or a shorter option of six days and five nights in Havana. Each experience will allow travelers to immerse themselves in the culture with activities around the country.

The tours include accommodations, most meals, all educational exchange activities, ground transportation, and an English-speaking guide to navigate travelers throughout the trip.
The packages are available for purchase with travel beginning April 30, 2017.

Delta Vacations, the official travel packages provider of Delta Air Lines (NYSE: DAL), offers travel agents convenient shopping for packages that bundle flights aboard Delta and its strategic partners — Aeromexico, Air France, Alitalia, KLM and Virgin Atlantic – with stays at more than 4,000 hotels and resorts in more than 280 leisure destinations. Delta Vacations also offers rental cars, tours, and excursions. Delta Vacations is managed by MLT Vacations, a wholly-owned subsidiary of Delta Air Lines.

ITC Service Group buys Clear Cell Management

ITC Service Group, a provider of broadband installation, planning, design and staffing solutions to the telecommunications and IT industries, has acquired substantially all of the assets of Clear Cell Management, Inc., the company said.

The acquisition of CCM allows ITC to become a turnkey provider of services to the wireless telecommunications industry. CCM, with offices in the New York, New Jersey and California, adds new service lines, clients and markets to ITC´s rapidly expanding platform of services and locations around the country.

ITC, with headquarters near Sacramento, CA, provides technical staff augmentation, OSP / ISP design and broadband installation service solutions for the planning / design, construction management, installation / maintenance of voice, data and video networks, nationwide.

Moorgate Capital Partners is an independent merchant bank and advisory firm focused on the technology, media, and communications industries. It has offices in New York, NY and San Francisco, CA.

CCM is a provider of outsourced services for the wireless communications industry, including planning, deployment, construction and management of network build-outs. CCM provides wireless carriers with comprehensive real estate site acquisition and zoning services, radio frequency and network design and engineering, infrastructure equipment construction and installation, maintenance, DAS and in-building services, small cell deployment, radio transmission base station modification and project management services.

Hawaiian Airlines, ALPA reach tentative agreement on contract amendment

Hawaiian Airlines and the Air Line Pilots Association (ALPA) have reached a tentative agreement on a 63-month contract amendment covering the airline´s 665 pilots, the airline said.

ALPA will hold a ratification vote scheduled to take place between March 6 and 24. If ratified, the amendment becomes effective April 1 and remains in effect until July 1, 2022.

The company reached new accords in 2016 with three labor unions representing more than 2,200 employees. It is currently in negotiations with the Association of Flight Attendants, whose contract became amendable in January.

Hawaiian offers non-stop service to Hawai´i from 11 US gateway cities, along with service from Japan, South Korea, China, Australia, New Zealand, American Samoa, and Tahiti. Hawaiian also provides approximately 160 jet flights daily between the Hawaiian Islands, with a total of more than 200 daily flights system-wide.

Hawaiian Airlines, Inc. is a subsidiary of Hawaiian Holdings, Inc. (NASDAQ: HA).