European Low Fares Airline Association

DEADLINE MONDAY ALERT: The Schall Law Firm Announces it is Investigating Claims Against Ryanair Holdings plc and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Retrieved on: 
Friday, January 4, 2019
Professional services, Legal, European Low Fares Airline Association, Ryanair, Securities Class Action, Aviation

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Key Points: 
  • The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
  • Ryanairs labor relations continued to worsen throughout the summer of 2018, despite the Company claiming that it had improved the situation.
  • Ryanair admitted on July 23, 2018, that profits had dipped 20% due to a 34% increase in staffing costs.
  • The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

UTC Aerospace Systems Becomes Provider Of Thrust Reverser Overhaul Services For Wizz Air

Retrieved on: 
Wednesday, October 17, 2018
Aircraft, Aviation, European Low Fares Airline Association, Wizz Air, Airbus, Aerospace, Aerostructure, Transport

AMSTERDAM, Oct.17, 2018 /PRNewswire/ --MRO Europe --UTC Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX), today announced a five-year agreement with Wizz Air toprovide thrust reverser overhaul services for the airline's fleet of Airbus A320ceo aircraft.

Key Points: 
  • AMSTERDAM, Oct.17, 2018 /PRNewswire/ --MRO Europe --UTC Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX), today announced a five-year agreement with Wizz Air toprovide thrust reverser overhaul services for the airline's fleet of Airbus A320ceo aircraft.
  • Striking the right balance of cost, quality, and dependability, UTC Aerospace Systems has been entrusted with providing thrust reverser overhaul services for the airline's fleet of A320ceo aircraft over the term of the agreement.
  • "Our proven experience with low-cost airlines such as Wizz Air is evidence of the quality of service and capability of UTC Aerospace Systems," said UTC Aerospace Systems Aerostructures President Marc Duvall.
  • UTC Aerospace Systems designs, manufactures and services integrated systems and components for the aerospace and defense industries, supporting a global customer base with significant worldwide manufacturing and customer service facilities.

The Sterling Group Announces New Hires

Retrieved on: 
Wednesday, August 1, 2018
Finance, Money, Economy, Financial markets, Investment, European Low Fares Airline Association, Sterling Airlines, Operating partner, Private equity, Sterling, Illinois

In the role of Operating Partner, Jud will partner closely with Sterling's investment professionals to drive the execution of operational initiatives at Sterling portfolio companies and continuous improvement efforts within Sterling.

Key Points: 
  • In the role of Operating Partner, Jud will partner closely with Sterling's investment professionals to drive the execution of operational initiatives at Sterling portfolio companies and continuous improvement efforts within Sterling.
  • "We welcome Jud's broad base of operational expertise with industrial companies," said Brian Henry, a Partner at The Sterling Group.
  • "He will play a critical role in the execution and continued refinement of the Sterling value creation model."
  • Founded in 1982, The Sterling Group is a private equity investment firm that targets controlling interests in basic manufacturing, distribution and industrial services companies.

Finnair Launches Viasat's Best-in-Market In-Flight Internet Service on European Flights; Airline Invites Customers to Test the Service

Retrieved on: 
Thursday, July 19, 2018
Aviation, Finnair, Helsinki Airport, American Airlines Group, US Airways, Nordic Airways, Travel technology, European Low Fares Airline Association, Jyväskylä Airport

HELSINKI, July 19, 2018 /PRNewswire/ -- Finnair is launching a new high-speed internet service on its narrow-body Airbus fleet on European flights.

Key Points: 
  • HELSINKI, July 19, 2018 /PRNewswire/ -- Finnair is launching a new high-speed internet service on its narrow-body Airbus fleet on European flights.
  • Finnair now invites its customers to test the service free of charge during the testing period, which runs for two months.
  • Internet connection on European flights:
    Coverage: Once the installations are complete, the in-flight internet connection will be available on most of Finnair's European flights.
  • Nordic Sky portal: The Nordic Sky portal is available for all Finnair customers onboard aircraft equipped with an internet connection.

IBS Software Signs Multi-year Contract With British Airways

Retrieved on: 
Thursday, June 21, 2018
British Air Transport Association, British Airways, European Low Fares Airline Association, Aviation

LONDON, June 21, 2018 /CNW/ -IBS Software (IBS), a leading provider of new-gen IT solutions to the airline industry, has been selected by British Airways (BA) to provide a technology solution for flight and crew operations management.

Key Points: 
  • LONDON, June 21, 2018 /CNW/ -IBS Software (IBS), a leading provider of new-gen IT solutions to the airline industry, has been selected by British Airways (BA) to provide a technology solution for flight and crew operations management.
  • The multi-million dollar multi-year contract signed in London recently, was the culmination of an exhaustive market evaluation by BA.
  • Under the contract, IBS will implement its newly launched state-of-the-art digital platform, iFlight NEO.
  • We are looking forward to working alongside IBS Software to introduce these new systems into our global operations control centre."

The Wings Club Foundation Announces Willie Walsh As Its 2018 Distinguished Achievement Award Recipient

Retrieved on: 
Wednesday, February 7, 2024
Aviation, Business, European Low Fares Airline Association, IBEX-35, International Airlines Group, Willie Walsh, British Airways, Wings Club, Economy

NEW YORK, June 18, 2018 /PRNewswire/ --The Wings Club Foundation, Inc. will honor International Airlines Group Chief Executive Officer, Willie Walsh, with the 2018 Distinguished Achievement Award.

Key Points: 
  • NEW YORK, June 18, 2018 /PRNewswire/ --The Wings Club Foundation, Inc. will honor International Airlines Group Chief Executive Officer, Willie Walsh, with the 2018 Distinguished Achievement Award.
  • Willie Walsh became chief executive of International Airlines Group (IAG) in January 2011, joining from British Airways where he was chief executive from October 2005.
  • The Wings Club Foundation comprises more than 1,300 members including industry leaders, pilots, professionals in related service organizations, and students of aviation.
  • Recognizing significant achievements that contribute to the advancement of aviation and aeronautics, The Wings Club Foundation presents not only the Distinguished Achievement Award , but also the Outstanding Aviator Award and the Distinguished Scholar Awards .