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April 29, 2013

Norwegian Establishes A New Cargo Company

Will Expand Cargo Service To Include International Markets

Norwegian Air Shuttle ASA, branded as "Norwegian," is expanding beyond its domestic cargo routes with the establishment of a new subsidiary. Norwegian has established a cargo company that will coordinate and utilize the capacity of the airline’s route network. In addition, the new company aims to attract more business partners.

New Airplane Will Fly In An Asian Carrier's Livery

Airline leasing company FLY Leasing Limited has acquired a 2013 manufactured Boeing 737-800 aircraft on a 12-year lease to a leading low-cost carrier in Asia. The acquisition was funded with a combination of FLY's unrestricted cash and the $250 million aircraft acquisition facility that was closed in November 2012.

DC Rumors Indicate That Obama Will Nominate Charlotte, NC, Mayor Anthony Foxx As SecTrans

There is new buzz in Washington as indication grow that President Obama has selected a replacement for SecTrans Ray LaHood, who announced his intention to step-down from the high profile post, earlier in the year. Obama's candidate, according to extensive media reports, seems to be more a matter of political payback than qualifications in the Transportation arena. Mayor Foxx' claim to fame seems to center on his having brought the Democratic National Convention to his hometown in 2012, while his transportation portfolio seems to be 'lacking.'