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Deutsche Lufthansa cancels over 1,500 flights because of pilot strike - DJ

Tuesday, 21 Oct 2014 05:06am EDT

Deutsche Lufthansa AG:Pilots of Deutsche Lufthansa are threatening more strikes in coming days, if German airline doesn't resume negotiations over retirement benefits - Dow Jones.The strike, which started on Oct. 20 night is expected to last through 11:59 p.m. Oct. 21 local time, with total of 1,500 flights cancelled.

AirAsia X Bhd incorporates AAX Capital II Ltd

Monday, 20 Oct 2014 08:00pm EDT

AirAsia X Bhd:Says AAX Capital II Ltd was incorporated on Oct. 20 as wholly-owned subsidiary of company.Says issued and paid-up share capital of AAX Capital II is $1 comprising 1 ordinary share of $1.Intended principal activity of AAX Capital II is special purpose financing vehicle for AirAsia X group of companies.

Exchange Income Corp announces sale of US Operations of WesTower

Monday, 20 Oct 2014 04:31pm EDT

Exchange Income Corp:Completes sale of WesTower Communications Inc., the US operations of WesTower (WesTower US) to MasTec Network Solutions, LLC (MasTec) for about $200 mln.Sale of the shares of WesTower US closed Oct. 20, 2014.

Virgin Australia Holdings Limited announces proposed acquisition of remaining 40 pct. of Tigerair Australia

Thursday, 16 Oct 2014 07:00pm EDT

Virgin Australia Holdings Limited:Says that it will acquire the remaining 40 per cent of shares in Tiger Australia Airways Pty Ltd from Tiger Airways Holdings Limited for a price of A$1.The transaction, once completed, will see Virgin Australia secure 100 per cent ownership and full control of Tigerair Australia and brings to a conclusion the joint venture between Virgin Australia and Tiger Holdings which commenced on July 8, 2013.Says as part of the proposed acquisition, Virgin Australia will secure the brand rights to fly Tigerair Australia to a number of short-haul international destinations, providing new growth opportunities for the business.Virgin Australia anticipates that completion will occur by the end of 2014.


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