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Delayed · 11:48 UK

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Air and Travel

The latest air and travel news and analysis from the Financial News newsroom.

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TransDigm outlines efforts in cost mitigation

TransDigm Group Incorporated (NYSE: TDG), an aircraft component manufacturer, has announced cost mitigation efforts as a result of disruption in the aerospace and travel industries caused by the COVID-19 virus,…

News Team1 min read

Citilink reports USD 67.8m in 2019 profit

Citilink, an Indonesian low-cost carrier, has reported a 2019 operating profit of USD 67.8 million, returning profitability for the Garuda Indonesia subsidiary, the company said.In 2018, the airline recorded an…

News Team1 min read

Hanjin KAL re-elects chairman

Hanjin KAL, Korean Air parent company, has announced Walter Cho has been re-elected chairman by 57% of 3,600 shareholders who voted, with a collective equity stake of just under 85%,…

News Team1 min read

Avcorp reports 2019 revenue of CDN 165m

Avcorp Industries Inc. (TSX: AVP) has announced revenue of CDN 164,770,000 in 2019, compared to CDN 170,710,000 in 2018, a decrease of CDN 1,323,000, in comparison to 2018, the company…

News Team1 min read

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