Aviation in Virginia

NAV CANADA announces year-end financial results

Retrieved on: 
Thursday, October 22, 2020
Airlines, Aviation, American Airlines Group, Aviation in Virginia, US Airways

OTTAWA, Oct. 22, 2020 (GLOBE NEWSWIRE) -- NAV CANADA today released its financial results for the year ended August 31, 2020.

Key Points: 
  • OTTAWA, Oct. 22, 2020 (GLOBE NEWSWIRE) -- NAV CANADA today released its financial results for the year ended August 31, 2020.
  • This is due to air carriers reducing their operations, grounding fleets and cancelling flights and routes.
  • The Company is not immune to the economic downturn and severe financial impacts that the aviation industry as a whole is experiencing.
  • The Companys Financial Statements, Management's Discussion and Analysis and Annual Information Form for the year ended August 31, 2020 can be found at:

Silver Airways to Launch Service From Columbia Metropolitan Airport

Retrieved on: 
Tuesday, October 20, 2020
Transportation, Destinations, Vacation, Travel, Women, Air, Transport, MEN, Family, Consumer, Other Travel, Airlines, Aviation, Transportation in the United States, American Airlines Group, Aviation in Virginia, US Airways, Silver Airways, Pittsburgh International Airport

Silver Airways , Americas leading independent regional airline, today announced new safe, reliable and customer-focused service with nonstop flights between Columbia, South Carolina and three of Floridas most preferred destinations.

Key Points: 
  • Silver Airways , Americas leading independent regional airline, today announced new safe, reliable and customer-focused service with nonstop flights between Columbia, South Carolina and three of Floridas most preferred destinations.
  • Silver also recently announced new service beginning on November 22, 2020 from Charleston, South Carolina to Orlando, Tampa, and Ft. Lauderdale.
  • We are delighted to introduce Silvers second new market in South Carolina with safe, reliable, and customer- friendly service to Columbia - The Real Southern Hot Spot, said Steve Rossum, Chief Executive Officer of Silver Airways.
  • Silver Airways is a great low-cost carrier and were very pleased to welcome them to CAE and the capital city, said Executive Director, Mike Gula.

FourKites' Largest-Ever Premier Carrier List Delivers Unprecedented Value to the World's Leading Shippers and 3PLs

Retrieved on: 
Wednesday, October 14, 2020
Airlines, Aviation, American Airlines Group, Aviation in Virginia, US Airways, Freight transport, Trucking industry in the United States

FourKites premier carriers are the most highly valued and sought after by the 400-plus global Fortune 1000 shippers that make up the FourKites ecosystem.

Key Points: 
  • FourKites premier carriers are the most highly valued and sought after by the 400-plus global Fortune 1000 shippers that make up the FourKites ecosystem.
  • The Q3 2020 list includes nearly 350 carriers, brokers and 3PLs across North America, Europe, Latin America and Australasia.
  • To qualify for the Premier Carrier List, carriers must achieve a minimum of 75 percent tracking consistency on at least 300 loads across all FourKites customers.
  • While the full Premier Carrier List is available only to FourKites customers, the premier carriers who have agreed to be featured publicly can be found here .

Newater Technology, Inc. Entering Into A Merger Agreement

Retrieved on: 
Tuesday, September 29, 2020
Airlines, Aviation, Corporate finance, American Airlines Group, Aviation in Virginia, US Airways, Mergers and acquisitions, Human activities

Subject to the terms and conditions of the Merger Agreement, at the effective time of the merger (the "Effective Time"), Merger Sub will merge with and into the Company, with the Company continuing as the surviving corporation and becoming a wholly-owned subsidiary of Parent (the "Merger").

Key Points: 
  • Subject to the terms and conditions of the Merger Agreement, at the effective time of the merger (the "Effective Time"), Merger Sub will merge with and into the Company, with the Company continuing as the surviving corporation and becoming a wholly-owned subsidiary of Parent (the "Merger").
  • Parent intends to finance the merger through a combination of equity and cash in the Company.
  • The Company's board of directors, acting upon the unanimous recommendation of the independent committee (the "Independent committee") formed by the board of directors, approved the Merger Agreement and the transactions contemplated thereby, including the Merger, and resolved to recommend that the Company's shareholders vote to authorize and approve the Merger Agreement and the transactions contemplated thereby, including the Merger.
  • As of the date of the Merger Agreement, the Rollover Shareholders have agreed under a voting agreement to vote all in favor of the Merger Agreement and consummation of the transactions contemplated thereby, including the Merger.

Award-winning AC company Palm Air encourages persons to join their winning team

Retrieved on: 
Tuesday, September 29, 2020
Airlines, Aviation, American Airlines Group, Aviation in Virginia, US Airways, Brand, Human activities

Among the 2020 President's Award winners were Palm Air AC, a reputable company that is no stranger to this title.

Key Points: 
  • Among the 2020 President's Award winners were Palm Air AC, a reputable company that is no stranger to this title.
  • The entire team at Palm Air is very proud to continuously provide superior service to its customers, community, and the Carrier brand.
  • Palm Air is always striving for business growth and looking for team members who will help them maintain their high level of customer satisfaction and expertise.
  • They create a safe and educational environment for team members to learn the ins and outs of the industry as well as the processes and practices that make Palm Air AC stand out.

Go Ahead Baby, Sit Back and Relax with LÍLLÉbaby's New and Improved SeatMe™ Carrier

Retrieved on: 
Tuesday, September 15, 2020
Airlines, Aviation, American Airlines Group, Aviation in Virginia, US Airways, Target Corporation, Retailing

SeatMebrings versatility like no other carrier does, introducing more ways to adventure and babywear!

Key Points: 
  • SeatMebrings versatility like no other carrier does, introducing more ways to adventure and babywear!
  • It is designed with the ability to transition from a soft structured carrier to a simple and true hip seat.
  • With added padding and an integrated firm-structured seat, this multi-functional carrier provides optimal comfort, generous storage and a temperature control mesh panel to keep exploring life together.
  • SeatMeis available for $150 on the LLLbaby website and Target.com, and in October will be available at Buy Buy Baby.

Spirit Airlines Commits $250,000 in Airline Travel to Organizations Supporting Social Justice, Civil Rights

Retrieved on: 
Friday, August 21, 2020
Airlines, Aviation, American Airlines Group, Aviation in Virginia, US Airways

During these challenging and uncertain times, we applaud Spirit for stepping up to strengthen our longstanding efforts to advance racial equity and social justice in our community.

Key Points: 
  • During these challenging and uncertain times, we applaud Spirit for stepping up to strengthen our longstanding efforts to advance racial equity and social justice in our community.
  • Spirit Airlines is pleased to make this donation as part of its ongoing commitment to give back to the community, while inspiring positive change.
  • It is our commitment to continue to make a difference in the communities where we live and work, said Villa.
  • Spirit Airlines (NYSE: SAVE) is committed to delivering the best value in the sky.

The Volcker Alliance's Government-to-University Network Continues to Grow

Retrieved on: 
Tuesday, August 18, 2020
Airlines, Aviation, American Airlines Group, Aviation in Virginia, US Airways

In North Carolina, the Volcker Alliance is partnering with the Office of Strategic Partnerships (OSP) within the Governor's Office/Office of State Budget and Management.

Key Points: 
  • In North Carolina, the Volcker Alliance is partnering with the Office of Strategic Partnerships (OSP) within the Governor's Office/Office of State Budget and Management.
  • The first G2U regional network, led by the Mid-America Regional Council in Kansas City, was launched in March 2019.
  • The Volcker Alliance will continue to build connections and share lessons across G2U regions in the months ahead.
  • Follow us on social media @VolckerAlliance and subscribe to the Volcker Alliance newsletter for the latest news and developments.

Star Jets International, Inc. (JETR) Engages an Investment Banking Firm to raise $10,000,000 up to $100,000,000 for Growth

Retrieved on: 
Monday, August 17, 2020
Airlines, Aviation, American Airlines Group, Aviation in Virginia, US Airways, Bank, Charter airlines

In addition, the investment Banking firm has the first rights on raising additional funding rounds up to $100,000,000.

Key Points: 
  • In addition, the investment Banking firm has the first rights on raising additional funding rounds up to $100,000,000.
  • Star Jets International is looking to capitalize on this opportunity and build out the largest on demand private jet charter Company in the industry.
  • Star Jets International has clear strategic plans for the use of the funds that will be invested into the Company.
  • For further Company updates and to book travel reservations with Star Jets International, Inc., please visit www.starjetsinternational.com for more information.

NATIONAL GENERAL ALERT: Bragar Eagel & Squire, P.C. Reminds Investors of its Investigation of the Sale of NGHC and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, August 12, 2020
Legal, Professional services, Airlines, Aviation, Corporate finance, American Airlines Group, Aviation in Virginia, US Airways, Dividend, Mergers and acquisitions

On July 8, 2020, National General announced that it had signed an agreement to be acquired by Allstate for approximately $4 billion.

Key Points: 
  • On July 8, 2020, National General announced that it had signed an agreement to be acquired by Allstate for approximately $4 billion.
  • Pursuant to the merger agreement, National Generals stockholders will receive $32 in cash plus an expected closing dividend of $2.50 in cash for each share of National General common stock owned.
  • Bragar Eagel & Squire is concerned that National Generals board of directors oversaw an unfair process and ultimately agreed to an inadequate deal price.
  • Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for National Generals stockholders.