Hainan Airlines will continue to pursue international deals this year when “the proper international business opportunities” come up, according to chairman Chen Feng.
SIFCO ASC was acquired by The Norman Hay Group from Cleveland, Ohio-based SIFCO Industries. The acquisition includes SIFCO ASC LLC (USA), SIFCO ASC UK, SIFCO ASC France and SIFCO ASC Sweden. SIFCO ASC is a manufacturer and supplier of process equipment and associated chemicals for selective electroplating and anodizing.
US freight giant United Parcel Service (UPS) has scrapped its takeover of European rival TNT Express after the European Commission (EC) said it would block the deal.
US government officials and Boeing emphasized their confidence in the safety of the 787 even as they announced the FAA will conduct a “comprehensive review” of the Dreamliner program.
US carriers reported an on-time performance (OTP) arrival rate of 85.7% in November, up slightly from 85.3% reported in the year-ago month and 80.2% in October.
Hong Kong Aircraft Engineering Co. (HAECO) named Tse Pak Wing Peter to its board of directors as an additional independent non-executive director. Tse is a non-executive director of CLP Holdings and an independent non-executive director of HSBC Bank (China) Co. Morten Beyer & Agnew appointed Patrick Daley as COO, replacing Nick Lacey who retired. Daley has served as lead auditor, evaluator, and instructor in the company’s IATA IOSA program for 15 years.