GE to increase ownership of Arcam

GE (NYSE:GE), through its wholly owned subsidiary GE Sweden Holdings AB, is increasing its ownership in Arcam Aktiebolag (publ) to more than 90 percent after having entered into a trade…
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Intrepid confirms aircraft sales

Intrepid Aviation has confirmed the sale of three aircraft from its portfolio during December, the company said. On December 27, one Rolls-Royce powered A330-300 aircraft was sold to China Minsheng…
Allegiant executive vice president and chief information officer resigns

Allegiant Travel company (NASDAQ: ALGT) has announced that Scott Allard has resigned his position as executive vice president and chief information officer, the company said. Allard has been with Allegiant…
Starr appoints chairman of Philippines branch

Starr Companies has announced the appointment of Ambassador Jose L. Cuisia, Jr. as chairman of Starr International Insurance Philippines Branch, a branch of Starr International Insurance (Asia) Limited, a company…
European Commission approves acquisition of Luftfahrtgesellschaft Walter

The European Commission gave its formal approval to the acquisition of Luftfahrtgesellschaft Walter mbH (LGW) by the Lufthansa Group, the company said. The approval follows an extensive assessment of the…
Change noted on Lufthansa's supervisory board
Werner Brandt has resigned from his seat on the Supervisory Board of Deutsche Lufthansa AG for personal reasons, effective December 31, 2017, the company said. The former CFO of Fresenius…
Lufthansa makes further concessions to EU Commission
Lufthansa has made further concessions in the course of the intended acquisition of parts of the Air Berlin Group, the company said. The transaction is currently being examined by the…
Amel Hammouda joins Air France executive committee
Amel Hammouda, Chief Transformation Officer at Air France, has been appointed a member of the Air France Executive Committee, the company said.Amel Hammouda, 40 years old, is a graduate of…
Astronics announces USD 50m share repurchase plan
Astronics Corporation (NASDAQ:ATRO), a supplier of advanced technologies and products to the global aerospace, defense and semiconductor industries, has announced that its board of directors has approved a new share…
Average US roundtrip ticket price remains steady at USD 484
Airlines Reporting Corp. (ARC) has reported that the average US roundtrip ticket price for November 2017 was USD 484, unchanged from October 2017, the company said. Average November 2017 ticket…
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