Lufthansa Technik signed a five-year Total Technical Support contract with French startup L'Avion (formerly ... Lufthansa Technik signed a five-year Total Technical Support contract with French startup L'Avion formerly Elysair for its 757-200. It began operating all-business-class flights from Paris Orly to Newark...
Virgin Atlantic has promised to give cross-Atlantic business travelers a better alternative to the status quo -- it's planning a premium business-class-only airline that will fly between select US and EU destinations. The new airline will launch in the next 12 to 18 months, and will compete with elite carriers...
Palm will sell a 25 percent interest in the company to private equity firm Elevation Partners. Palm has struggled under increased competition from Microsoft with its Windows Mobile operating system and Research in Motion's Blackberry, so the move is intended to make the company more competitive in the...
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