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Lufthansa Technik | September 01, 2022
Contract intelligence company Icertis announced that Lufthansa Technik AG, the aircraft maintenance business of the Lufthansa Group, has selected Icertis Contract Intelligence (ICI) as its enterprise-wide contract lifecycle management (CLM) solution. The company plans to integrate the Icertis platform with its existing SAP CX solution to strengthen sales and improve compliance, risk management, and efficiency. Lufthansa Technik joins a growing list of companies in the aviation space, including s...
Wheels Up | April 04, 2022
Wheels Up Experience Inc., the leading brand in private aviation, today announced it has officially closed its acquisition of Air Partner plc, a U.K.-based global aviation services group with operations in 18 locations and four continents. Under the terms of the transaction, and following stockholder and regulatory approval, Wheels Up has acquired the entire issued share capital of Air Partner for 125 pence per share, equivalent to an enterprise value of approximately $109 million.
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....
Breeze Airways | March 09, 2022
Breeze Airways, the Seriously Nice™ new U.S. low-fare airline, and Viasat Inc., a global communications company, today announced Viasat will outfit Breeze's complete Airbus A220-300 fleet with its most advanced in-flight connectivity (IFC) solution. Breeze has 80 Airbus A220s on order with an option for an additional 40. While Breeze will operate the Airbus A220 starting in May, the first aircraft featuring Viasat connectivity is expected to enter service in October 2022.
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