Police investigators and Civil Aviation Authority investigators are investigating a security incident that occurred on an air services aircraft at Bartica airstrip. The incident is described as an “unlawful interference” and not an attempted hijacking. Just after 9am this morning as the pilot of the Cessna plane waited for his passengers to arrive at the […]
Month: April 2021
Business News | Stock market and stock market news
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Morocco to get new air services to Russia
Russian national carrier Aeroflot and S7 Airlines, based at Domodedovo International Airport (DME), are expected to start offering new routes between Russia and Morocco for the summer of 2021. Currently, Russia is not on the list. Morocco’s list of banned countries, and both airlines hope the situation will stay the same as we head into […]
Melrose to sell Nortek air management business for $ 3.625 billion in cash
(RTTNews) – Melrose Industries Plc. (MRO.L) said on Monday it has reached a deal to sell its Nortek Air Management business to Chicago-based Madison Industries for about 2.62 billion pounds, or $ 3.625 billion, in cash. The consideration for the divestiture is based on an enterprise value of approximately $ 3.625 billion. Consideration is payable […]
Melrose in UK sells Nortek air handling unit for around $ 3.63 billion
Sell ââNortek Air Management to Madison Industries Will use the proceeds to reduce debt, pension deficit, pay shareholders April 19 (Reuters) – Melrose Industries (MRON.L) has agreed to sell its Nortek Air Management business for around 2.62 billion pounds ($ 3.63 billion) and plans to use the proceeds to pay off debt, reduce the UK […]