Air and Travel NEWS

MTSI gets FAA approval as commercial drone operator

Modern Technology Solutions, Inc. said it recently received approval from the FAA for a Section 333 waiver and broad area Certificate of Waiver Or Authorization (COA), permitting commercial flight opportunities using the company … Continue reading “MTSI gets FAA approval as commercial drone operator”


Kansas City Southern announces annual Holiday Express schedule

Kansas City Southern (NYSE: KSU) said it has released its schedule for the 15th annual Holiday Express train, which will stop in 20 communities in seven states on 24 dates. At each stop, … Continue reading “Kansas City Southern announces annual Holiday Express schedule”


Teamsters Local 357, Republic Airways announce tentative agreement on contract

Teamsters Local 357 and Republic Airways Holdings Inc. (NASDAQ/NM: RJET) said they have reached a consensual tentative agreement on the terms of a new three-year contract for the 2,100 Republic pilots represented by … Continue reading “Teamsters Local 357, Republic Airways announce tentative agreement on contract”


ISG wins GBP8.5m Heathrow approach office scheme

ISG is underway with an GBP8.5m office refurbishment scheme at Heathrow Approach in Slough, the company´s first project for Sampension KP International, one of Denmark´s largest pension management firms. Occupying a strategic location … Continue reading “ISG wins GBP8.5m Heathrow approach office scheme”


Orion's Mobile Travel Luggage Billboard Platform expanding into 32 countries

Orion Travel Tech said it has implemented in-country licenses being signed in 10 separate countries. One of them being Brazil, home of the 2016 Summer Olympics. The other eight beside the US and … Continue reading “Orion's Mobile Travel Luggage Billboard Platform expanding into 32 countries”


Grupo Aeroportuario Del Pacífico refinances long-term debt

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC; BMV:GAP) said it has signed two loan agreements for the refinancing of the bridge loan obtained in April 2015 for the acquisition of Desarrollo de … Continue reading “Grupo Aeroportuario Del Pacífico refinances long-term debt”


Swift Transportation revises guidance for 2015; authorizes stock buyback

Swift Transportation company (NYSE: SWFT) said it has revised its full year 2015 Adjusted EPS guidance range to USD1.43-USD1.52 from USD1.64-USD1.74 as compared to USD1.38 in 2014. The change in the full year … Continue reading “Swift Transportation revises guidance for 2015; authorizes stock buyback”


Elbit Systems gets USD70m contract for intelligence integrated systems

Elbit Systems Ltd. (NASDAQ and TASE: ESLT) said it was awarded a contract from a customer in the Latin American region, in an amount of approximately USD70 million, for the supply of intelligence … Continue reading “Elbit Systems gets USD70m contract for intelligence integrated systems”


Prepaid SIM card vending coming to Chubu Centrair International Airport

NTT Communications Corporation (NTT Com) said it will begin operating a prepaid SIM card vending machine at Chubu Centrair International Airport from September 29. The vending machine will be installed in the arrival … Continue reading “Prepaid SIM card vending coming to Chubu Centrair International Airport”


Air Lease places 2 Boeing 737-800 aircraft with Siam Air Transport

Air Lease Corporation (NYSE: AL) said it has announced lease agreements with Siam Air Transport (Thailand) for two used Boeing 737-800 aircraft. These aircraft will deliver in the fourth quarter of 2015. “We … Continue reading “Air Lease places 2 Boeing 737-800 aircraft with Siam Air Transport”


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