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IAG Finalizes Acquisition Of Air Europa

Transforms IAG’s Madrid Hub Into A True Rival To Europe’s Four Largest Hubs

International Consolidated Airlines Group (IAG) and Globalia have signed definitive transaction agreements under which IAG’s wholly owned subsidiary, IB OPCO Holding S.L. (Iberia), has agreed to acquire the entire issued share capital of Air Europa for €1 billion (approx. $1.11 billion).

CAE Closes Deal With Directional Aviation Capital Affiliates

Concludes 15-Year Exclusive Business Aviation Training Services Agreement With The Company

CAE confirmed that it has concluded the previously announced strategic partnership with Directional Aviation Capital (DAC), a corporate aviation service company, as well as the acquisition of 50 percent of the shares of SIMCOM Holdings Inc.

Cebu Pacific Finalizes Order For 16 A330neo

Firms Up Order Previously Announced In An MoU With The Carrier

Cebu Pacific (CEB), a carrier based in the Philippines, has signed a firm order with Airbus for 16 long-range A330neo aircraft. The order firms up the wide-body portion of a previously announced Memorandum of Understanding (MoU), which also includes commitments for 10 A321XLR and five A320neo single-aisle aircraft.

Report: Safer Skies, But Claims And Risks Grow

Allianz And Embry-Riddle Release Findings From Aviation Risk Study

Despite record numbers of more than four billion passengers, the global airline industry has experienced some of its safest years in terms of fatal accidents, according to Aviation Risk 2020: Safety And The State Of The Nation published by the corporate and aviation insurance specialist Allianz Global Corporate & Specialty (AGCS) in association with Embry-Riddle Aeronautical University, the largest, fully accredited university specializing in aviation and aerospace.

Eviation Completes First Prototype Of Its Electric Commuter Aircraft

Electric Air Mobility Pioneer Used The Dassault Systèmes 3DEXPERIENCE Platform To Develop Prototype In Two Years

Electric air mobility pioneer Eviation Aircraft used the 3DEXPERIENCE platform developed by Dassault Systèmes to develop the first prototype of its zero-emission, all-electric regional commuter aircraft – Alice – in two years on the cloud.

ALPA Releases New White Paper

Highlights Safe Integration Of Commercial Air And Space Operations

The Air Line Pilots Association, Int’l (ALPA) published an updated white paper, Safe Integration of Commercial Space Operations into the U.S. National Airspace System and Beyond, which takes a deeper look into the operational integration of commercial space into the national airspace system (NAS) and beyond, particularly in the area of oceanic air traffic management with an eye toward achieving the same level of safety.