EU General Court annuls SAS Group fine
On November 9, 2010, the European Commission decided to fine SAS Cargo and the SAS Group (STO:SAS) (OSE:SASNOK), alongside 11 other airlines, for participation in a global cartel in the…
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ImagineAir names new chief marketing officer
ImagineAir has appointed Linda Rosenberg as chief marketing officer, the company said.In her new role, Rosenberg will oversee all aspects of ImagineAir´s business growth and expansion, as well as leading…
Boeing ups share buyback authorization to USD14bn, increases dividend 20%
The Boeing (NYSE: BA) board of directors has raised the company´s authorization for its share repurchase program to USD14 billion and declared that the company´s quarterly dividend will increase 20…
Avcorp gets approvals for acquisition of Hitco Carbon Composites
Avcorp Industries Inc. (AVP: TSX) has received all regulatory approvals related to the transaction for the acquisition of the US-based composite aerostructures division of Hitco Carbon Composites Inc., a subsidiary…
Fraport-Copelouzos Consortium expected to begin managing 14 Greek airports in 2016
Fraport AG Frankfurt Airport Services Worldwide and its Greek partner Copelouzos Group have signed contracts with the Hellenic Republic Asset Development Fund (HRADF) for the 40-year concessions to operate, manage,…
Etihad Airways, Cognizant announce 3-year, multi-million dollar partnership
United Arab Emirates national airlines Etihad Airways and information technology provider Cognizant (NASDAQ: CTSH) have announced a strategic agreement to drive digital transformation across the airline and its equity partners,…
Travelport names new chief financial officer
Travel commerce platform Travelport (NYSE: TVTP) has appointed Bernard Bot as executive vice president and chief financial officer, the company said.Bot joins Travelport on January 1, 2016, from Aer Lingus…
Castlelake prices aircraft securitization trust 2015-1
Castlelake L.P. said it has priced its second aircraft securitization: Castlelake Aircraft Securitization Trust 2015-1 (CLAS 2015-1).CLAS 2015-1 totals USD713 million of asset backed debt and will be used to…
Maranon Capital leads co-investment to acquire Aircraft Technical Publishers
Maranon Capital, L.P. said it has announced a mezzanine and equity co-investment in Aircraft Technical Publishers to support the purchase of the business from the founding family by ParkerGale Capital,…
Allegheny Technologies announces USD0.18 quarterly dividend
Allegheny Technologies Incorporated (NYSE: ATI) said its board of directors declared a quarterly cash dividend of USD0.08 per share of common stock.The dividend is payable on December 30, 2015 to…
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