Jet Aviation

Al Futtaim and DC Aviation form executive jet company

DC Aviation, Germany's leading operator of business jets, and Al Futtaim Group on Sunday signed a joint venture agreement to establish one of the foremost executive business jet companies in the region.

Prestige Air buys Madrid-based operator in Europe foray

Dubai: Prestige Air has acquired a Madrid-based charter services operator, Flylink Express Aviation Management, making it the first Arab operator in Europe. Prestige Jet Spain would commence operations immediately. "The...

MRO Investment Dynamics

The MRO business has come to a crossroads in its development. ACE Holdings, the holding company of Air Canada, sold a majority interest in MRO provider ACTS, now named Aveos Fleet Performance, to a consortium consisting of...

Biodiesel firm seeks thousands of acres

A company that wants to use eucalyptus or other biomass to produce millions of gallons of diesel fuel on the Big Island is seeking leases on up to 37,000 acres of state land. SunFuels Hawaii LLC also is negotiating with private...

General Dynamics Completes Acquisition of Jet Aviation

FALLS CHURCH, Va., Nov. 5 /PRNewswire-FirstCall/ -- General Dynamics today completed its acquisition of Zurich, Switzerland-based Jet Aviation for CHF 2.45 billion (approximately $2.18 billion) from Dreamliner Lux S.a.r.l., a...

Aviation industry: Wing and a prayer

Sean Silcoff From the November 10, 2008 issue of Canadian Business magazine It’s a Monday afternoon in Orlando, and inside the cavernous Orange County Convention Center, the world’s top gathering of the jet set is underway. The...