competition

When WWII was coming to an end, the aeronautical industry had one certainty: It would be easier for the U.S. to convert its production capability into civilian products. Long range bombers were quickly transformed into airliners and that posed a threat to European builders that had been mostly focused on the fighter aircraft. By the […]

Miami-based investment firm 777 Partners has acquired a 25 percent equity piece in Canadian ultra-low-cost Flair Airlines, the maximum amount of a foreign entity that they can under Canadian federal regulations. Investments are not always publicized, but Flair Airlines hopes this announcement will help customers continue to trust the fairly small airline following a series […]