Air and Travel NEWS

United Airlines renews teddy bear programme

Chicago-based carrier United Airlines (NYSE: AUL) said it has launched its 2014 United Adventure Bear program for customers and co-workers aimed at lifting the spirits of children in need. United said it designed … Continue reading “United Airlines renews teddy bear programme”


Hirst named legal chief at Delta Air Lines

Atlanta, USA-based carrier Delta Air Lines (NYSE: DAL) said it has promoted Richard Hirst to the position of executive vice president and chief legal officer. In his new role, Hirst will continue reporting … Continue reading “Hirst named legal chief at Delta Air Lines”


Travelling Like a Boss

For the frequent business traveller, it is common practice that to travel business class. Due to the recent economic crisis, there have been strong signs of first class travel disappearing, with business class … Continue reading “Travelling Like a Boss”


France’s Safran acquires Rolls Royce’s 50% stake in helicopter engine venture for €293m

French aerospace, defence and security firm Safran SA (EPA:SAF) said Tuesday it had agreed to buy UK Rolls-Royce Holding PLC’s (LON:RR) 50% interest in the joint RTM322 helicopter engine programme for EUR293m (USD382m) in … Continue reading “France’s Safran acquires Rolls Royce’s 50% stake in helicopter engine venture for €293m”


City and Gatwick owner circles Hochtief’s airport assets

German construction group Hochtief AG (FRA:HOT) has received offers for the holdings in five airports it has put on sale, Reuters reported, quoting two people in the know. Fraport AG (ETR:FRA), which runs … Continue reading “City and Gatwick owner circles Hochtief’s airport assets”


Spain’s Abertis considers to sell UK airports in move to cut debt

Spanish mobility and telecom infrastructures manager Abertis Infraestructuras SA (MCE:ABE) is considering divesting its UK airports as one of the options under a strategic review aimed at cutting its EUR14.1bn (USD18.6bn) debt, a … Continue reading “Spain’s Abertis considers to sell UK airports in move to cut debt”


Flybe’s expansion plans negatively impacted by EC’s expected decision to block Ryanair-Aer Lingus deal

UK regional airline company Flybe Group Plc (LON:FLYB) said it is disappointed by the news that the European Commission (EC) will most certainly block Irish low-cost carrier Ryanair Holdings Plc’s (LON:RYA) planned buyout … Continue reading “Flybe’s expansion plans negatively impacted by EC’s expected decision to block Ryanair-Aer Lingus deal”


UK regional airline Flybe plans to acquire aircraft and routes from Ryanair

UK regional airline company Flybe Group Plc (LON:FLYB) said it had signed a deal under which it would acquire several aircraft and operating routes from Irish peer Ryanair Holdings Plc (LON:RYA), if the … Continue reading “UK regional airline Flybe plans to acquire aircraft and routes from Ryanair”


Blackstone invests in two Maldivian seaplane operators

US alternative asset manager The Blackstone Group LP (NYSE:BX) has become a controlling shareholder in Maldivian Air Taxi (MAT) and Trans Maldivian Airways (TMA). Blackstone did not say how much it had paid … Continue reading “Blackstone invests in two Maldivian seaplane operators”


Contactless payment introduced on London buses

Bus passengers in London can now use a contactless debit, credit or charge card to pay for their journey, Transport for London (TfL) announced today. To use contactless payment, passengers can touch their … Continue reading “Contactless payment introduced on London buses”


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