American Airlines and DFW Airport Sign Long-Term Use and Lease Agreement, Setting the Stage for Future Growth
American Airlines and Dallas Fort Worth International Airport (DFW) have signed a new 10-year Use and Lease Agreement, which includes $4.8 billion in pre-approved capital investments, including the construction of Terminal F, the renovation of Terminal C, construction of gate expansions at Terminal A and Terminal C, and other significant modernization projects. Fort Worth Mayor […]
Air France-KLM and Apollo sign a definitive agreement for a EUR 500 million investment into an ad hoc operating affiliate of Air France owning spare engines
Air France-KLM and Apollo Global Management (NYSE: APO) announced the signing of a definitive agreement for Apollo-managed funds and entities to make a EUR 500 million investment into an ad hoc operating affiliate of Air France that will own a pool of spare engines dedicated to the airline’s Engineering and Maintenance activities. Under this agreement, […]
Frontier Airlines and Spirit Airlines Announce Amended Merger Agreement
Spirit Airlines, Inc. («Spirit» or the «Company») (NYSE: SAVE) and Frontier Group Holdings, Inc. («Frontier») (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., announced an amendment to their previously announced merger agreement dated February 5, 2022. Under the terms of the amended merger agreement, which has been unanimously approved by the boards of directors of […]
JetBlue and Icelandair expand codeshare alliance
JetBlue Airways has expanded its codeshare agreement with Iceland’s flag carrier Icelandair to facilitate connections between Europe and North America for travellers. Passengers can now book the new codeshare flights from the website of JetBlue. The current codes of JetBlue on Icelandair provide direct flights between New York’s John F Kennedy (JFK) Airport, Newark’s Liberty […]
Australia Post and Qantas Freight renew agreement to support Ecommerce growth
Australia Post and Qantas have today announced an expanded domestic and international air freight agreement to support the growing demand for parcels. Marking nearly a century of partnership between the two brands, it will benefit online shoppers and businesses across Australia by increasing capacity and providing greater network flexibility to meet customer expectations. The seven-year […]
Mexico, Canada to sign aircraft maintenance agreement
Mexico will sign an agreement with Canada this month to provide maintenance for Canadian planes, an air force general announced. Rodolfo Rodríguez Quezada said the agreement will create new jobs in Mexico and bring a significant amount of foreign investment into the country. The deal will be inked during the Mexico Aerospace Fair (Famex), which […]
Qatar and the European Union Conclude Negotiations on Landmark Comprehensive Air Transport Agreement
European Commissioner for Mobility and Transport, Mrs. Violeta Bulc, announced that the European Union and the State of Qatar have concluded negotiations for a landmark Comprehensive Air Transport Agreement. The State of Qatar and the European Union announced that they have concluded negotiations for a landmark Comprehensive Air Transport Agreement. This historic agreement will be […]
US and Argentina sign new aviation safety bilateral
The US and Argentina signed a new bilateral aviation safety agreement Nov. 30 during the G20 summit in Buenos Aires, FAA announced. The agreement, which replaces an accord the two countries signed in 1989, allows FAA and Argentina’s National Civil Aviation Administration (ANAC) to increase collaboration on airworthiness certification of civil aviation products and in […]
Air Canada Commends the Governments of Canada, USA and Mexico on Reaching a new Trade Agreement
Air Canada today commended the Governments of Canada, the United States and Mexico on reaching a new trade agreement, thereby removing much of the uncertainty overhanging trade and business between the three countries. «While the details of the agreement need to be fully assessed, the proposed USMCA should not only promote greater trade and economic […]
Low-cost airline Norwegian rejects two takeover bids from IAG
LOW-cost carrier Norwegian Air Shuttle (NAS) has rejected two takeover offers from British Airways owner International Airlines Group (IAG). Norwegian’s board unanimously rejected the «conditional proposals» on the basis that they «undervalued NAS and its prospects», it said in a statement. The board «remains fully committed to delivering on its stated strategy», it added. IAG […]
