Airbus SE has announced the start of a share buyback programme to support future employee share ownership plans and equity-based compensation. The aerospace company will repurchase up to 4,254,000 shares in the open market by 31 March 2025. The programme will be executed in multiple tranches, with the first tranche targeting up to 2,127,000 shares
Air Charter Service’s Swiss office has seen a significant increase in charter bookings since appointing a new CEO earlier this year. Justin Bowman, CEO of Air Charter Service, said the company’s Geneva operation has experienced a nearly 25% year-on-year rise in bookings across all divisions since Arthur Guibert took over as CEO in March.
Leading aircraft charter specialist Air Charter Service (ACS) has opened its first office in Ireland. The new branch, located in Dublin’s city centre, began operations on 1 August. Justin Bowman, ACS’s Chief Executive, said the move had been long anticipated by the company. “Ireland has always been on our list of where we wanted an
Airbus and Airports Council International (ACI) World have signed a cooperation agreement to tackle the aviation industry’s environmental challenges. The partnership, announced on 22 July 2024 in Farnborough, United Kingdom, aims to make significant progress in decarbonising aviation and mitigating aircraft noise impact. The alliance will focus on key areas including Sustainable Aviation Fuels (SAF),
Global air and travel services provider dnata has won a multi-year contract to supply inflight catering services to ITA Airways at two major U.S. airports. Key points: 1. Contract scope: – Provide catering services for ITA Airways flights from Los Angeles International (LAX) and San Francisco International (SFO) airports – Production and uplift of over
The US Justice Department has announced that Boeing will plead guilty to conspiracy to defraud the Federal Aviation Administration (FAA) about the safety of the Boeing 737 MAX aircraft. The announcement came in a court filing with federal district court Judge Reed O’Connor in Fort Worth, Texas on Sunday. Families who lost loved ones in
