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March 23, 2017

Deals this week: Fraport, NATS, Jet Airways

NATS, an air navigation service provider based in the UK, and Irish Aviation Authority (IAA) have joined hands to upgrade the existing cross-border arrival management system (XMAN) at London Heathrow Airport.

In a €560.17m ($604.61m) deal, German airport operator Fraport secured a concession contract to operate two Brazilian airports, including Fortaleza International Airport in Ceará and Salgado Filho International Airport in Porto Alegre.

The operator will operate and develop the two airports for 30 years and 25 years respectively, as part of the contract.

NATS, an air navigation service provider based in the UK, and Irish Aviation Authority (IAA) have joined hands to upgrade the existing cross-border arrival management system (XMAN) at London Heathrow Airport.

The upgrade will enable air traffic controllers to reduce delays for both aircraft and passengers travelling into the airport.

"The upgrade will enable air traffic controllers to reduce delays for both aircraft and passengers travelling into the airport."

The new system will send data on delays at the airport directly to the IAA’s Shannon en-route control centre. The air traffic controllers at the centre will then co-ordinate with the airport's inbound traffic and try to forecast delays.

Besides reducing aircraft delays, the new system will also reduce fuel consumption and carbon emissions.

Jet Airways and Jetstar Asia Airways have entered a code-share agreement that will allow passengers to travel from India to Singapore, Hong Kong or Bangkok and directly back to India on a single itinerary.

Pursuant to the agreement, the Indian air carrier will place its code on Jetstar Asia flights operating from Singapore to 11 destinations in the Asia Pacific region.

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