Deals this week: Korean Air Lines, Qantas Airways Smiths Detection
Korean Air Lines has raised $300m through the sale of senior capital securities which bearing an interest rate of 6.875% a year.
Headquartered in South Korea, Korean Air Lines is involved in providing passenger airline and cargo transportation services.
Australian flag carrier, Qantas Airways, has expanded its codeshare partnership with Jetstar Airways.
The expansion will cover Jetstar Airways’ flight service between Melbourne / Sydney, Australia and Ho Chi Minh City, Vietnam using Boeing 787 aircraft.
Smiths Detection has sold an additional 11 CTX 5800 explosives detection systems to EL AL Israel Airline.
The CTX 5800 detection systems will be used by the Israeli airline to screen hold baggage at airports.
SACBO and ENAV have entered a deal to improve traffic flow management at Orio al Serio International Airport in Italy.
The partners will implement airport collaborative decision making (A-CDM) programme by the end of 2019 to manage traffic flow at the airport.
Indra, a consulting and technology company, has secured a contract from Norwegian firm Avinor Air Navigation Services to modernise Norway’s air traffic management (ATM) system.
As part of the deal, Indra will provide a new training platform to assist air traffic controllers in the usage of the new iTEC systems that will be installed in the Avinor ANS control centres.