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Vance Street Capital LLC | October 21, 2021
Vance Street Capital LLC a Los Angeles-based private equity firm, today announced the acquisition of McFarlane Aviation, Inc. ("McFarlane"), the leading designer and manufacturer of aftermarket PMA parts for the general aviation industry. This proprietary transaction represents the fourth platform investment out of Vance Street Capital III L.P. and leverages the firm's expertise in aerospace and highly engineered components. Terms of the transaction were not disclosed.
Universal Hydrogen | July 22, 2021
Universal Hydrogen, a company that fuels carbon-free flight, and Deutsche Aircraft, a new purpose-driven German aircraft Original Equipment Manufacturer (OEM), today announced a technological partnership to accelerate aviation's decarbonization, a global necessity in the battle against climate change. The two firms will collaborate to conduct a design study for Universal Hydrogen's modular capsule technology to be included in the Dornier 328 project.
The joint effort will ...
GOL | January 03, 2022
GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), ("GOL" or "Company"), in addition to the Material Fact disclosed on June 8, 2021 regarding the acquisition of MAP Transportes Aéreos Ltda. by the Company ("Transaction"), informs that, on December 30, 2021, the
General Superintendency of the Administrative Council for Economic Defense ("CADE") issued the Order SG No. 1929/2021 ("Order") approving the Trans...
Boeing | July 17, 2020
British Airways, currently the largest operator of the Boeing 747, said it would retire its entire fleet of the iconic aircraft earlier than expected due to the coronavirus downturn. The airline, owned by International Consolidated Airlines Group, had originally planned to phase out the jumbo jet by 2024. But travel restrictions due to Covid-19 led the company to take action now.
“It is with great sadness that we can confirm we are proposing to retire our entire 747 fleet with immed...
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