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Simple Flying | January 17, 2020
Bombardier, Airbus‘ minor partner in the A220 program, is coming to regret the choice of selling 51% of its small jetliner program to Airbus. Bombardier originally set out to open up a new market for themselves with the A220/C-Series. They were quite successful in the small aircraft range with their turboprop Q-series, their lucrative train division, and their CRJ jet program, and thought they could combine all three for a new product....
American Airlines | July 15, 2020
American Airlines' top executives on Wednesday backed efforts to extend billions in federal aid to protect aviation jobs through March as the pandemic's impact on travel threatens tens of thousands of positions. Some $32 billion in federal aid was set aside to protect jobs in the U.S. airline industry, and it prohibited employers from cutting positions through Sept. 30 under the CARES Act relief package that lawmakers passed in March....
Buying Business Travel | February 18, 2020
The global airline industry has seen a 106 per cent increase in revenue earned from the sale of ‘a la carte’ ancillary services since 2015, rising to US$75.6 billion in 2019. Europe – commonly referred to as the ‘birthplace’ of airline a la carte revenue – continues to lead the global charts, with carriers based across the region and Russia taking in US$31.5 billion in 2019, an increase of 122 per cent, according to research by IdeaWorksCompany and CarTrawler....
Aerospace
Businesswire | June 12, 2023
O2 Investment Partners is pleased to announce that through FCAH Aerospace it has made an investment in and partnered with Cobalt Aero Services to support its strategic growth plan. Isac Roths, CEO of FCAH Aerospace, commented, “Cobalt Aero Services is known across the aviation industry as a premier provider of maintenance repair and overhaul services for nacelle components, thrust reversers, and other structural airframe components. We are excited to have Tony McAnly and h...
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