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January 24, 2016

Lafayette Regional Airport Breaks Ground On $5.1 Million Cargo Facility

Will House Operations For FedEx, UPS

Lafayette Regional Airport broke ground today on a $5.1 million cargo facility that FedEx and UPS will begin operating out of by the end of the year. Trahan Construction of Lake Arthur was selected to do the construction project.

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Atlas Air Worldwide To Acquire Southern Air Holdings

Transactions Valued At Approximately $110 Million

Southern Air Holdings Inc. announced today it has entered into a definitive agreement to be acquired by Atlas Air Worldwide Holdings, Inc. in an all-cash, debt-free transaction valued at approximately $110 million. The transaction is subject to customary closing conditions and approval by the U.S. Department of Transportation, and is expected to close in the next few months.

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Triumph Group Announces Milestone

Delivers Fully-Joined Embraer E-Jet E2 Fuselage To Planemaker

Triumph Group subsidiary, Triumph Aerostructures-Vought Aircraft Division has delivered its first fully joined Embraer E2 CFIII/AFT fuselage to Embraer from its Red Oak, Texas facility.

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