Avcorp reports CDN 40,205,000 in Q1 2020 revenue
Avcorp Industries Inc. (TSX: AVP) has reported 2020 first quarter revenue of CDN 40,205,000 compared to CDN 42,225,000 in 2019, a decreased of CDN 2,020,000 as a result of lower…
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Boeing appoints head of Confident Travel Initiative
Boeing [NYSE: BA] has announced the appointment of Boeing VP Mike Delaney to lead the company´s Confident Travel Initiative, the company said. Working across the industry, Delaney´s team will work…
Airbus examines possibilities for restructure
Reuters has reported Airbus is examining the possibility of plans that involve job cuts after furloughing thousands of workers due to the coronavirus, the company said.Airbus has not ruled out…
Private Aircraft Auction House hosts USD 18.9m aircraft auction
Private Aircraft Auction House announced it partnered with Assent Aeronautics to host the inaugural private aircraft auction as a live online digital auction, the company said. Live Virtual Aircraft Auction…
Aimia acquires 10% equity stake in Clear Media Limited
Canada-based investment holding company Aimia Inc. (TSX: AIM) has announced it has invested approximately USD75 million in Chinese outdoor advertising agency Clear Media Limited (HK: 100), representing a 10% equity…
Aircastle reports USD 282.5m Q1 2020 total revenue
Commercial jet leasing company Aircastle Limited has announced first quarter 2020 revenues were USD 282.5 million, an increase of 32.1%, the company said. Total lease rental and direct financing and…
Aimia signs LOI with Aeromexico to negotiate commercial, financial terms
Aimia Inc. (TSX: AIM) has announced it has signed a Letter of Intent with Grupo Aeromexico S.A.B. de C.V. (BMV: AEROMEX), reflecting an agreement in principle to negotiate certain changes…
Aimia declares dividends on 2 preferred shares
Board of directors of Toronto-based Aimia (TSX: AIM) has declared quarterly dividends on both series of its preferred shares, the company said.The board declared a quarterly dividend in the amount…
Squaremouth cautions travelers not to accept vouchers for canceled trips
Squaremouth, a travel insurance comparison site, has announced three reasons travelers should not accept a voucher from airlines, cruise lines and tour operators for canceled trips, the company said.-Voucher value…
Avianca motions for reorganization approved by US Bankruptcy Court
Colombia-based Avianca Holdings S.A. (NYSE: AVH) (BVC: PFAVH) has announced that all first day motions related to the company´s voluntary reorganization proceedings have been approved on an interim or final…
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