Air and Travel NEWS

Air Lease prices public offering of USD500m of senior notes due 2018

Air Lease Corporation (NYSE: AL) said it has priced its public offering of USD500 million aggregate principal amount of 2.625 percent unsecured senior notes due 2018. The notes were offered to the public … Continue reading “Air Lease prices public offering of USD500m of senior notes due 2018”


TAT Technologies total revenue up 4% YoY

TAT Technologies Ltd. (NASDAQ: TATT) said its second quarter 2015 total revenue was USD21.5 million, compared to USD20.6 million in the second quarter of 2014, an increase of 4.2 percent. Operating income was … Continue reading “TAT Technologies total revenue up 4% YoY”


Boeing providing component services for British Airways 787 Dreamliners

Boeing (NYSE: BA) said it has signed a contract with British Airways to provide component services for its 787 Dreamliner fleet. Under the 12-year agreement, Boeing will supply British Airways 787s with a … Continue reading “Boeing providing component services for British Airways 787 Dreamliners”


United Airlines introduces United Ground Express ground handling service

United Airlines said it has launched United Ground Express, a wholly owned subsidiary, to provide ground handling services at select airports. Although it is a separate company from United Airlines, United Ground Express … Continue reading “United Airlines introduces United Ground Express ground handling service”


TAT Technologies to acquire Chromalloy Israel

TAT Technology Ltd. (NASDAQ: TATT) said it has entered into a definitive agreement to acquire Chromalloy Israel Ltd. for approximately USD 3.5 million. TAT shall pay additional amounts of up to USD 2 … Continue reading “TAT Technologies to acquire Chromalloy Israel”


Southwest Airlines achieves 50 nonstops from Dallas Love Field

The People of Southwest Airlines® (NYSE: LUV) said they have begun operating the carrier´s most robust schedule ever offered at Dallas Love Field, with 180 daily departures to 50 nonstop destinations across the … Continue reading “Southwest Airlines achieves 50 nonstops from Dallas Love Field”


Finnair passenger numbers up 8.7% YoY

In July, Finnair OYJ (HEX:FIA1S) overall capacity measured in available passenger kilometres grew by 1.9% and traffic measured in revenue passenger kilometres grew by 2.9% year‐on‐year. The passenger load factor was 89.1%. The … Continue reading “Finnair passenger numbers up 8.7% YoY”


Starwood Hotels & Resorts plans dual-branded hotel near Dallas Love Field Airport

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) and Atlantic Hotels Group and Civitas Capital Group said they have announced plans for a 224-room dual-branded Aloft and Element hotel development in the fast-growing … Continue reading “Starwood Hotels & Resorts plans dual-branded hotel near Dallas Love Field Airport”


Pandox AB (Publ) to take over Quality Hotel Prince Philip in Skärholmen, Stockholm

Pandox AB (STO:PNDXB) said it has entered into an agreement with Nordic Choice Hotels to take over operations at Quality Hotel Prince Philip in Skärholmen, Stockholm, a hotel property already owned by Pandox. … Continue reading “Pandox AB (Publ) to take over Quality Hotel Prince Philip in Skärholmen, Stockholm”


Bohai Leasing to acquire 100% interest in Avolon for USD32 per share

Avolon (NYSE: AVOL) said it has entered into an agreement with Bohai Leasing Co., Ltd. (SZSE: 000415) granting Bohai exclusivity to negotiate with Avolon until September 7, 2015 with respect to the possible … Continue reading “Bohai Leasing to acquire 100% interest in Avolon for USD32 per share”


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