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Porter Airlines, Viasat | November 19, 2021
Viasat Inc. (NASDAQ: VSAT), a global communications company, and Porter Airlines today announced Viasat's industry-leading in-flight connectivity (IFC) solution has been selected for the Toronto-based airline's 30 new Embraer E195-E2 aircraft. The new aircraft will be linefit with Viasat's high-speed, reliable in-flight internet system and are expected to enter service in the second half of 2022. Porter is preparing to grow beyond its current regional eastern Canada- and U.S.-focused...
Delta Air Lines | August 16, 2020
Delta Air Lines is making progress on testing its entire workforce for COVID-19. The airline is hoping to test nearly every one of its employees to get in front of the virus and work to slow the spread among its employees and limit any transmission from its customer-facing workforce to its passengers....
Delta Air Lines | July 14, 2020
Delta Air Lines spent years amassing equity stakes in foreign airlines from the U.K. to Chile to grow internationally and gain sway over those carriers. The coronavirus pandemic has upended those plans and is proving costly as financial turmoil hits airlines around the world. Foreign ownership rules prevent outright purchases of airlines abroad but equity investments and other partnerships have proved popular for carriers eager to gain access to international markets....
Spirit AeroSystems | January 15, 2021
The Export-Import Bank of the United States has consented to ensure two financing bargains that will give $125 million to help aerospace work at GE Aviation and Spirit AeroSystems.
One of the deals is proposed to infuse liquidity into the striving US aerospace supply chain, while the other will help Australian airline Qantas buy seven GE motors, says the bank.
The ensures will "support" some 500 US occupations and help the "hard-hit aviation" are...
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