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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....
DEFENSE AND SPACE
Curtiss-Wright Corporatio | July 06, 2022
Curtiss-Wright Corporation announced that it has completed the acquisition of the Safran Aerosystems Arresting Company for $240 million in cash. SAA is a designer and manufacturer of mission-critical, fixed-wing aircraft emergency arresting systems with a strong installed base of more than 5,000 systems worldwide including sales to more than 70 countries. The acquisition of the Safran arresting systems business firmly establishes Curtiss-Wright as a leading global supplier of fixe...
AVIATION TECHNOLOGY
Spirit Airlines | March 04, 2022
Spirit Airlines (NYSE: SAVE) today announced the addition of new Pilot and Flight Attendant bases at Miami International Airport (MIA) and Hartsfield-Jackson Atlanta International Airport (ATL) for a total of nine crew bases across the network as the airline continues to add new planes and new airports. The crew bases are projected to initially open this summer once advance preparations are finalized. Spirit expects to locate more than 100 Pilots and more than 200 Flight Attendants at each base ...
Elliott Aviatio | May 05, 2020
Elliott Aviation has announced a $3,000 per day guaranteed four-week downtime on standalone Citation Excel/XLS Garmin G5000 retrofits. Elliott Aviation has delivered an industry-leading 12 Garmin G5000 equipped Citation Excel/XLS aircraft. In addition, Elliott Aviation offers free avionics familiarization with all Garmin G5000 installations at their headquarters in Moline, IL. The Garmin G5000 for the Citation Excel/XLS replaces all existing Honeywell Primus 1000 avionics, including the autopilo...
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