PHOENIX, March 02, 2021 (GLOBE NEWSWIRE) — Mesa Air Group, Inc. (NASDAQ: MESA) today announced it has entered into a conditional agreement with Gramercy Associates Ltd. based in London, England to develop a European based joint venture. The joint venture will apply for a new Air Operator’s Certificate (AOC) in the European Union using CRJ-900 aircraft with the goal of introducing a Capacity Purchase Agreement or ACMI (Aircraft, Crew, Maintenance, and Insurance) in passenger or cargo services in Europe. Gramercy Associates is headed by Tony Davis, former CEO of Tiger Airways and bmibaby.
Under the agreement, Mesa will own 49% of the partnership once the Air Operator’s Certificate is obtained. The current plan is to begin operations by the end of 2021.
DENVER – Jan. 25, 2021 – Frontier Airlines and ATP Flight School have formed a “Frontier Direct Program” targeting ATP graduates and CFIs for employment as Frontier Airlines First Officers.
In the Frontier Direct Program, ATP graduates and instructors progress from ATP straight to the flight deck at Frontier after enhanced ATP CTP training that includes additional Airbus A320 full-motion flight simulator experience. The new partnership offers pilots an accelerated path to a rewarding career with Frontier while providing Frontier access to a high-quality pool of qualified pilot applicants, dedicated future employees, and advocates of the Frontier brand.
After completing flight training in ATP’s Airline Career Pilot Program, graduates gain flight experience with ATP as paid flight instructors. Between 1250-1500 hours total flight time, recommended instructors interview with Frontier Airlines. After the candidate selection and interview process with Frontier, applicants receive a Conditional Offer of Employment and continue working towards 1,500 hours of flight experience with ATP. Once ready to transition to Frontier, pilots attend the enhanced ATP CTP course. This tailored course with ATP utilizes full-motion Airbus A320 simulator training to prepare pilots for success at Frontier.
“We appreciate Frontier Airlines collaborating with ATP,” said Justin Dennis, President of ATP. “This program is a tremendous career opportunity for ATP graduates, while helping Frontier access a pool of highly qualified, professional pilots who appreciate the opportunity to fly for Frontier.”
Added Brad Lambert, Vice President of Flight Operations for Frontier Airlines, “Frontier is proud to partner with premier flight schools such as ATP to ensure the quality of our future pilot supply. We have been impressed with the caliber of candidates we have seen. Coordinating with ATP to enhance their jet transition program helps to evaluate and improve on the skill set required to be a safe and successful airline pilot.”
Four ATP graduates have already completed the program in a proof of concept started in 2020. All four pilots have been flying the line with Frontier after successfully completing new-hire training and IOE.
First Officer Walter Copeland III was one of the first participants in the Frontier Direct Program, transitioning from ATP to Frontier in Feb 2020. Walter began flying as a first officer in Jun 2020 – just 29 months after starting training with ATP.
Alstom and Bombardier welcome the European Commission’s (EC) decision for conditional clearance of the proposed acquisition of Bombardier Transportation by Alstom.
The Commission’s approval for the transaction is conditional on the proposed engagements that consist of:
A transfer of Bombardier Transportation’s contribution to the V300 ZEFIRO very high-speed train and an offer of IP licence to Hitachi for the train co-developed by Hitachi and Bombardier Transportation for use in future very high-speed tenders in the UK
The divestment of the Alstom Coradia Polyvalent and the Reichshoffen production site in France
The divestment of the Bombardier TALENT 3 platform and dedicated production facilities located within the Hennigsdorf site in Germany
Providing access to certain interfaces and products for some of Bombardier Transportation’s Signalling On-Board Units and Train Control Management Systems (TCMS)
The divestitures will comply with all applicable social processes and consultations with employee representatives’ bodies.
The transaction remains subject to further regulatory approvals in several other jurisdictions and customary closing conditions.
Closing of the acquisition is expected for the first half of 2021.
De Havilland Aircraft of Canada Ltd said it had obtained 34 more orders and purchase agreements for its Dash 8-400 plane at last months Dubai Airshow, as it revives the recently acquired turboprop business from Bombardier Inc.
Aurora, a subsidiary of Aeroflot-Rossiyskiye Avialinii PAO , signed a letter of intent to purchase up to five Dash 8-400 aircraft, while the Republic of Ghana agreed to buy six aircraft during the Dubai Airshow, which ran between Nov. 17-21.
ACIA Aero Capital Ltd also signed a conditional purchase agreement to buy three Dash 8-400 aircraft, the company said in a separate statement.
Longview Aviation Capital closed its deal for the Q400 turboprop aircraft program from Canada’s Bombardier this year and revived its previous model name – Dash 8 – under a restored corporate brand of De Havilland Aircraft of Canada.
On Monday, De Havilland landed an order for 20 Dash 8-400 turboprops from lessor Palma Holding at the ongoing Dubai Airshow.
(Reporting by Dominic Roshan K.L. in Bengaluru; Editing by Rashmi Aich)
MILAN, Oct 14 (Reuters) – Alitalia is set to win a temporary lifeline on Tuesday, when its latest rescue deadline expires, with toll road operator Atlantia expected to give a conditional green light to hundreds of millions of euros of investment, according to two people close to the situation.
The future of the troubled Italian carrier remains in doubt with no binding offer and no clear business plan in sight but it should avoid an immediate liquidation after the expiry of the Oct. 15 deadline set by the industry ministry.
Atlantia, which is controlled by Benetton family, has been in talks since July over taking part in a government-orchestrated rescue of the airline, together with railway group Ferrovie dello Stato, the treasury and Delta Air Lines.
“Atlantia is expected to give its commitment to invest in Alitalia subject to several conditions,” one of the sources said. But issues that still cause concern range from potential antitrust problems, treatment of state aid under European Union rules, the cost of possible redundancies and the future of the carrier’s long-haul routes, the source said.
Oct. 15 is the latest in a series of deadlines set for Ferrovie and potential partners in a rescue for Alitalia, which has been under special administrators since May 2017 and needs new funds to continue flying.
The board of Atlantia, which runs Rome’s airports through its Aeroporti di Roma unit, is expected to approve a preliminary commitment to the Alitalia rescue on Tuesday, the sources said.
The rescue plans include potential investment of a total of around 1 billion euros in the carrier, which has cut costs under the special administrators but still burns cash and had only 310 million euros left at the end of September.
Atlantia is expected to invest some 300 million euros, depending on commitments from other partners.
A second source said more time was needed to iron out a complete business plan for Alitalia. Possible involvement by Delta Air Lines or Germany’s Lufthansa AG is still under discussion.
A third source said Atlantia, Ferrovie and other potential partners were under pressure from Italy’s Industry Ministry to present a binding bid and take control of the carrier which in the past two years has already received 900 million euros from the state to stay afloat.
Atlantia’s participation in the rescue was put in doubt this month when it wrote to the Industry ministry, urging a radical overhaul of the Alitalia plan if talks were to go ahead.
(Reporting by Francesca Landini, Stefano Bernabei, Giuseppe Fonte. Editing by Jane Merriman)
An Alitalia Airbus A320 takes off on September 26, 2017 from Toulouse-Blagnac airport in southwestern France. / AFP PHOTO / PASCAL PAVANI
