Aviation Group chief executive Lee Sanders promises further niche acquisitions this year as consolidation continues in the US aircraft services business. The latest addition is Aero Design, an aircraft batteries business based in Tennessee, to add to the group's newly formed Component Overhaul &Service division. Aviation Group has already built up businesses in paintshops, airline ground services and fixed base operations.
Source: Flight International
The Star Alliance carrier plans to reach C$30 billion in annual revenue in four years and to exceed that figure by decade’s end.
Canada’s Transat AT reports a profitable fiscal fourth-quarter boosted by a C$34 million ($25 million) compensation agreement with geared turbofan (GTF) engine maker Pratt & Whitney.
Air Canada is set to become the latest North American airline to offer free wi-fi access to passengers, disclosing on 12 December plans to begin rolling out the service in May.
