Avianca and Gol merge to create pan-Latin American airline network
Colombia’s Avianca and Brazil’s GOL have agreed to a merger that will create a pan-Latin American airline network. The brands will remain independent but benefit from greater efficiencies under aligned ownership, and the lowest unit costs in their respective markets.
Boeing and FAA to Team for Cleaner Skies, Quieter Airplanes
The Boeing Company (NYSE: BA) and the U.S. Federal Aviation Administration announced today that they will work together to speed the development and application of environmentally progressive technologies for cleaner and quieter jet aircraft.
Proposed US Airways-United merger pushes shares up
United Airlines and US Airways have renewed merger talks as conditions in the international aviation sector continue to improve. A combined organisation could rival US leader Delta Air Lines in terms of size, but sceptics have begun to question synergies between the proposed partners.