Boeing and Israeli flag carrier El Al are looking into the possibility of creating a joint-venture company specialising in aviation security. The new company would build security systems for aircraft, airports and government installations. A memorandum of understanding signed last week could lead to a new entity within 60 days.
Source: Flight International
Lufthansa Group expects to close its deal to acquire a 41% stake in ITA Airways in the fourth quarter after securing conditional European Commission clearance for the transaction.
Air France-KLM has warned that travellers avoiding Paris due to the forthcoming Olympic Games could cause a revenue hit of up to €180 million ($193 million) at its French operations.
WestJet’s operations over the long Canada Day weekend have been massively disrupted by striking mechanics, forcing the airline to cancel hundreds of flights and disrupt the air travel plans of thousands of passengers.
