ACC Aviation

Aviation International News | January 22, 2020

Precision Aviation Group (PAG), an MRO provider and aircraft and helicopter supplier to the civil and defense markets, announced today its acquisition of Toronto-based World Aviation Corporation (WAC). The move expands Atlanta-based PAG’s MRO capabilities in electric motor subcomponent repairs. “Our investment in WAC…will vastly increase the number of capabilities we have to reduce the costs associated with providing MRO services to our customer base,” said PAG president...

DEFENSE AND SPACE, COMMERCIAL AVIATION

Starburst Ventures | September 22, 2022

Starburst Ventures, the first venture capital fund dedicated to investing across aviation, space, and defense, today announced the launch of its new early-stage fund. Focusing on aerospace, defense, security, as well as enabling sciences and technologies, Starburst Ventures is investing in the next generation of industrial, software and hardware companies.The fund's team will be led by Starburst Ventures' Founder and General Partner, François Chopard. A widely respected indu...

United Airlines | July 30, 2020

United Airlines on Thursday warned it may need to furlough more pilots than previously expected as a significant rebound in travel demand remains distant. The terms of a federal bailout that provided $25 billion to passenger airlines and $7 billion to cargo airlines and contractors prohibits them from cutting jobs or pay rates until Oct. 1. But carriers are now warning their workers about potential cuts this fall, urging them to take voluntary time off or buyout agreements to slash costs....

TravelDailyNews International | February 19, 2020

Qatar Airways announced it has signed a codeshare agreement with Bulgaria Air. Sales will start from today with the first codeshare flights to operate from 2 March. The agreement will provide Bulgaria Air passengers with a seamless connection to destinations in Africa, Asia and the Middle East. Qatar Airways’ passengers will benefit from access to two new destinations in Bulgaria: Varna and Burgas....