Mergers & Acquisitions

CAE to enter 15-year exclusive business aviation training services agreement with Directional Aviation Capital affiliates and acquire fifty-percent of SIMCOM

CAE to enter 15-year exclusive business aviation training services agreement with Directional Aviation Capital affiliates and acquire fifty-percent of SIMCOM PR Newswire MONTREAL, Aug. 29, 2019 Flexjet, Flight Options, Flairjet, Sirio, Nextant Aerospace and Corporate Wings to train exclusively with SIMCOM and CAE MONTREAL , Aug. 29, 2019 /PRNewswire/ – (NYSE: CAE) (TSX: CAE) CAE announced today that it has entered into a strategic partnership with Directional Aviation Capital (DAC), one of the largest, fastest growing, and most innovative corporate aviation service companies globally. […]

Mergers & Acquisitions

Azul Cargo Express and Mercado Libre sign commercial agreement for deliveries all over Brazil

Azul Cargo Express and Mercado Libre sign commercial agreement for deliveries all over Brazil PR Newswire SÃO PAULO, Aug. 29, 2019 SÃO PAULO, Aug. 29, 2019 /PRNewswire/ — Azul S.A., “Azul”, (B3: AZUL4, NYSE: AZUL), the largest airline in Brazil by number of cities served and flight departures, announces today that its cargo unit, Azul Cargo Express, signed a commercial agreement with Mercado Libre , Latin America’s largest e-commerce company […]

Stock Analysts

Valaris Receives Contracts for 6 Rigs, Adds $84M to Backlog

Valaris plc VAL recently announced several new contracts and contract expansions for six of its rigs. The offshore drilling contractor expects the transactions to add $84 million to revenue backlog. Notably, the company — formerly known as EnscoRowan — had $2.4 billion in backlog at the end of second-quarter 2019 […]

Stock Analysts

Alaska Airlines to Boost West Coast Presence With New Routes

In a bid to expand its presence in the West Coast, Alaska Air Group ’s ALK wholly-owned subsidiary — Alaska Airlines — announced that it intends to start operating additional non-stop flights between the Pacific Northwest and the states of Alaska and California next year. In fact, the carrier has been looking to strengthen its West Coast presence ever since it acquired Virgin America in 2016 as part of its objective to compete with the likes of United Airlines UAL , Delta Air Lines DAL and Southwest Airlines LUV in the area. As part of the latest expansion move, Alaska Airlines aims to add eight new routes connecting the “vibrant Pacific Northwest communities” with California cities like Los Angeles and San Francisco […]