Italian flag carrier Alitalia has named Silvano Cassano as CEO of ‘new Atilalia’, which will become effective after it closes a major investment deal with Abu-Dhabi-based carrier Etihad Airways. Cassano has more than 35 years of experience in senior management roles across a number of industries. He has also served as chairman and CEO of Italian shipping company Grandi Navi Veloci, CEO of global fashion brand Benetton Group, CEO of Fiat Auto Financial and Consumer Services, and … [Read more...] about Alitalia names new CEO
acquisition
MAE to take over Transmile MRO
MAS Aerospace Engineering (MAE) has signed a Letter of Intent to purchase Transmile’s Engineering & Maintenance unit. The proposed acquisition involves the purchase of Transmile’s base maintenance and engineering capabilities, including two hangars, equipment, and employment of its skilled manpower atits Subang base. The deal will also include MAE continuing to provide heavy maintenance services to Transmile’s freighter fleet of nine Boeing 727s, three 737s … [Read more...] about MAE to take over Transmile MRO
Dominican airports change hands
Advent International, a private equity firm, has announced the 100 per cent acquisition of Aeropuertos Dominicanos Siglo XXI (Aerodom), describing it as the “leading airport group in the Dominican Republic and one of the largest airport operators inCentral America and the Caribbean.” According to Advent, Aerodom has a 30-year concession contract with the Dominican government and the country’s Airport Commission to develop, operate and manage six airports: Las Americas in … [Read more...] about Dominican airports change hands