Air and Travel NEWS

Blackstone plans acquisition of MB Aerospace

Blackstone (NYSE: BX) and MB Aerospace said that private equity funds managed by Blackstone have agreed to acquire MBAe, a leading Tier I engine component manufacturer and repair business, from Arlington Capital Partners. … Continue reading “Blackstone plans acquisition of MB Aerospace”

PrecisionHawk, Verizon, Harris, DigitalGlobe bring solutions to enhance safety

PrecisionHawk, Verizon (NYSE, Nasdaq: VZ), Harris (NYSE: HRS) and DigitalGlobe Inc. (NYSE: DGI) said they have announced the successful completion of initial testing of high-performance airspace services for consumer and enterprise drones. The … Continue reading “PrecisionHawk, Verizon, Harris, DigitalGlobe bring solutions to enhance safety”

Emirates inks codeshare with Alaska Airlines

Emirates said it has announced a new codeshare and lounge agreement with Alaska Airlines. Pending governmental approval, Emirates will begin marketing up to 300 daily Alaska Airlines flights, which will give customers the … Continue reading “Emirates inks codeshare with Alaska Airlines”

FLY Leasing gets new Boeing 777-200LRF in sale/leaseback transaction

FLY Leasing Limited (NYSE: FLY) said it has acquired a new Boeing 777-200LRF aircraft in a sale and 12-year leaseback transaction with a leading flag carrier. “This is our second B777-200LRF acquisition in … Continue reading “FLY Leasing gets new Boeing 777-200LRF in sale/leaseback transaction”

Air China begins Chengdu-Osaka, Chengdu-Tokyo services

Air China said it has started Chengdu-Osaka and Chengdu-Tokyo nonstop services respectively on October 25, 2015 and October 26, 2015. As upgrades to the original Chengdu-Shanghai-Osaka and Chengdu-Beijing-Tokyo flights, the two nonstop services … Continue reading “Air China begins Chengdu-Osaka, Chengdu-Tokyo services”

Air China announces winter/spring schedule

Air China said its 2015/2016 Winter/Spring Schedule has come into effect on October 25, 2015. The new schedule features 660 flights per week on average, up about 20 percent compared with its 2014 … Continue reading “Air China announces winter/spring schedule”

Crane announces USD0.33 dividend

Crane Co. (NYSE:CR) said it has announced its regular quarterly dividend of USD0.33 per share for the fourth quarter of 2015. The dividend is payable on December 9, 2015 to shareholders of record … Continue reading “Crane announces USD0.33 dividend”

UTRC Ireland leads Clean Sky 2 contract

United Technologies Research Centre Ireland Limited (UTRC Ireland), the European research hub of United Technologies Research Center (UTRC), said it is the lead in the MISSION project under the European Union´s Clean Sky … Continue reading “UTRC Ireland leads Clean Sky 2 contract”

Forward Air Corporation declares USD0.12 dividend

Forward Air Corporation (NASDAQ:FWRD) said its board of directors has declared a quarterly cash dividend of USD0.12 per share of common stock. The dividend is payable to shareholders of record at the close … Continue reading “Forward Air Corporation declares USD0.12 dividend”

NASA's Space Launch System is a 'GO' NASA prime contractor industry team reaches critical design review completion

NASA´s Space Launch System program said it has completed its Critical Design Review, and major subsystems such as Orion´s launch abort system and the SLS RS-25 engines have recently completed successful testing. These … Continue reading “NASA's Space Launch System is a 'GO'

NASA prime contractor industry team reaches critical design review completion”

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