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AVIATION TECHNOLOGY
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. Read More
Sabre Corporation | December 20, 2021
Thai airline Nok Air today announced strategic new long-term agreements with both Sabre Corporation (NASDAQ: SABR) a leading software and technology provider that powers the global travel industry, and its subsidiary company, Radixx, to support the evolution of the carrier's new business strategy. Nok Air has selected an extensive suite of products from Sabre and Radixx to expand distribution and revenue generation opportunities. The agreements support the carrier's reposi...
BUSINESS AVIATION
UTU | August 01, 2022
utu a Singapore-based travel-tech company, has announced a new partnership with Flying Blue, the frequent flyer programme of leading Franco-Dutch airline group Air France-KLM. The new collaboration takes utu's mission of revitalising the tax-free shopping and travel industry to a new level, with even more rewarding benefits. "Flying Blue is pleased to partner with utu to provide our members new opportunities to earn Miles when they shop abroad. This ...
CARGO MANAGEMENT
AELF FlightService | April 28, 2022
AELF FlightService announced today that its fifth Airbus 330-200 (registered as 9H-CFS) is officially on certificate, flying in passenger-to-freighter (PTF) configuration. The aircraft commenced its first commercial flight in PTF configuration on April 23, flying from Vietnam to the U.S. The addition of 9H-CFS puts the group in a leading position among ACMI widebody charter operators in the world in terms of fleet size. Its five A330s are currently in PTF configuration, in which p...
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