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AVIATION TECHNOLOGY

CAE | July 16, 2021

CAE stated today that it will invest C$1 billion in innovation over the next five years. The investment will go toward Project Resilience, a transformation project aimed at developing tomorrow's technologies, such as digitally immersive solutions based on data ecosystems and artificial intelligence in civil aviation, defense and security, and healthcare. CAE will also be able to position itself as a leader in end-to-end technology, operational support, and training solutions for Advanced Air...

Gogo | September 01, 2020

Gogo Inc. (NASDAQ: GOGO) ("Gogo") today announced it has entered into a definitive agreement to sell its Commercial Aviation (CA) business to Intelsat S.A. (OTC: INTEQ) ("Intelsat") for $400 million in cash, subject to customary adjustments. The Gogo Board of Directors has approved the transaction. Intelsat expects to finance the transaction utilizing cash on hand and borrowings under its $1 billion debtor-in-possession credit facility and has obtained support from key econom...

BUSINESS AVIATION

Discover the World | November 02, 2020

Discover the World is pleased to announce a new strategic partnership with Flitestar Private Jets, a respected provider of air charter services globally. The partnership with Discover the World will focus on offering charter services to Discover's travel agency global network. Flitestar will also work with Discover's airline partners seeking charter opportunities for available aircraft. On announcing the strategic relationship, Aiden Walsh, Airline Development Manager for Discover the Wo...

ch-aviation | January 16, 2020

Qatar Airways has announced a codeshare partnership with Deutsche Bahn (DB) the German railway operator, offering its passengers connections to and from eight key destinations in Germany, according to a press release issued by the airline. The Oneworld carrier currently operates 35 weekly flights between Doha Hamad Int'l and the German cities of Frankfurt Int'l (2x daily), Munich (2x daily), and Berlin Tegel (1x daily). Under the DB deal, Qatar Airways passengers will be able to connect ...