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Singapore-based SATS completes WFS acquisition

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Singapore-based SATS announced it has completed its acquisition of global air cargo logistics provider Worldwide Flight Services (WFS) for €1.3 billion (equivalent to approximately...

SIA Engineering signs MOU to buy SR Technics’ Malaysia unit

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SIA Engineering (SIAEC) announced on Monday (1 March) that it has signed a memorandum of understanding (MOU) with SR Technics Switzerland to begin acquisition...

Intelsat acquires Gogo Commercial Aviation

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Intelsat announced it has completed its acquisition of the commercial aviation business of Gogo. The closing of the US$400 million cash deal brings together...

Korean Air owner to buy Asiana Airlines

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Hanjin KAL, which owns Korean Air Lines, will buy Asiana Airlines as Asiana's state-run creditor Korea Development Bank (KDB) plans to inject 800 billion...

Leonardo to buy Kopter for US$185 million

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Italian helicopter maker Leonardo said it has signed a contract with Lynwood (Schweiz) AG to acquire 100 percent of the Swiss helicopter maker Kopter...