Grafair Flight Management AB

AEROSPACE

L3Harris Technologies | October 31, 2022

L3Harris Technologies announced today one of its key environmental, social and governance (ESG) ratings for 2022, which places it among the top five percent of aerospace and defense companies worldwide. The newest rating for L3Harris, determined by Sustainalytics, ranks its ESG efforts ahead of nearly all its industry peers and marks three consecutive years of improvement and progress toward achieving its 2026 sustainability goals. Sustainalytics, a leading independent ESG rating firm, bases its...

AIR TRANSPORT, AVIATION TECHNOLOGY

Airshare | August 19, 2022

Viasat Inc., a global communications company, today announced that it will install its high-performance, Ka-band in-flight connectivity (IFC) system on Airshare's new Bombardier Challenger 350 deliveries and future Challenger 3500 deliveries that begin next year. The first installation on an Airshare Challenger 350 was completed in July 2022, with additional installations occurring over the second half of this year. By selecting Viasat, Airshare will provide fractional owners traveling on th...

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....

BUSINESS AVIATION

McDonald Property Group | December 24, 2021

The Ontario International Airport Authority (OIAA) Commission voted unanimously today to authorize a Development and Entitlement Agreement that will lead to a ground lease for approximately 198 acres of surplus property at the Southern California airport. The 55-year lease will generate approximately $275 million over the first 10 years, which will support ongoing airport improvements while keeping costs down for airlines. The OIAA determined the property, located east of Haven Av...