LATAM Airlines Group and Qatar Airways have entered a subscription agreement, according to which the latter will acquire up to 10% of the former’s total shares.
The transaction, which will be closed in the fourth quarter of 2016, will provide Qatar Airways with new opportunities to expand its global network, while allowing LATAM to establish new connectivity with Asia and the Middle East, as well as strengthen its financial position.
As a part of Dallas / Fort Worth (DFW) International Airport’s $2.7bn terminal renewal and improvement programme, a $100m contract has been awarded to American engineering company, AECOM.
The five-year contract for delivery of programme management and construction management (PM / CM) services includes airfield improvements, building projects and landside developments at the airport.
AECOM will provide full project lifecycle services to the airport, including project, design and construction management, as well as contract administration, public outreach and technical support.
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Go Air, a Wadia Group company, has placed another order with French aircraft-maker Airbus for 72 A320 jetliners bringing the total order size to 144.
Two of the 72 aircraft first ordered in 2011 were delivered in June 2016.
The new order is part of Go Air’s plans to expand its network, provide better connectivity to its passengers and continue its position as one of India’s preferred low-cost airline.
The airline is the first to use the NEO generation of aircraft in a Spaceflex configuration with 186 seats, and boasts of delivering its fliers with most modern, comfortable and convenient air travel experience.
The new-generation aircraft incorporates advanced engines and Sharklet wing tip devices, and will deliver fuel savings of more than 15%-20%.
Italian airline Alitalia has signed an agreement with Würzburg-based technology firm va-Q-tec for the transport of temperature-sensitive goods.
Pursuant to the agreement, Alitalia will rent five high-performance passive containers sizes with payload capacity of up 2 US / Euro palettes and temperature-controlled environment ranging from -60°C to 25°C for more than 120 hours.
The partnership also allows the airline’s customers, such as pharmaceutical shippers and forwarding agents, to order the ‘LOAD & GO’ service directly through the airline.
Image: Airbus and Go Air announced the memorandum of understanding for 72 more jetliners at the Farnborough International Airshow. photo: courtesy of Airbus