Aviation Sector

Alaska Air’s Merger with Virgin America will Expand its Presence into Major Destinations

Alaska Air Group Inc. outbid others and is close to reaching a deal to buy Virgin America Inc. Burlingame, California based Virgin America ranks ninth among the U.S. airline by passenger traffic.

Alaska Air values the overall deal at approximately $4 billion including debts. Alaska Airlines will pay $57 per share to Virgin America. The news worked well for the airlines on Monday and Virgin America's shares increased by 41 percent to $54.86. However, shares of Alaska Air dropped five percent at $77.89.

More Routes of JetBlue to Offer ‘Mint’

JetBlue is surely making its moves to remain in competition with rivals like American and United and is aiming to carve out its name distinctly by luring more business class passengers.

The carrier announced the extension of "Mint," which is a premium feature offering lie-flat seats, to some added transcontinental routes which also includes San Diego-Boston and Seattle-New York.

DARPA Unveils Its Revolutionary New VTOL X-Plane LightningStrike

DARPA Unveils Its Revolutionary New VTOL X-Plane LightningStrike

George in Western Cape becomes Home to South Africa’s First Airport Solar Plant

George in Western Cape becomes Home to South Africa’s First Airport Solar PlantAfrica's first solar powered airport was inaugurated in George, Western Cape in South Africa.

On Friday, Ms. Dipuo Peters, South African Minister of Transport officially opened the George Airport Solar Plant. While addressing a gathering, Peters said that the solar plant stretching 200 square meters cost an approximately R16 million to be build.

FAA Says It has Found a New Device to Successfully Detect Drones and Locate their Controllers

The Federal Aviation Administration (FAA) said that have found a way to detect drones that fly close to airports. The device which they say could help in preventing future mid air collision also can find the controllers of the drones on the ground.

Shares of ViaSat Leaps on Possible Deal with American Airlines

Shares of Carlsbad, California based, ViaSat Inc. soared almost twelve percent on Monday on assumption that the company might be chosen by American Airlines for its in-flight supply of Wi-Fi is certain commercial jets.

A contract dispute between American Airlines and Chicago-based Gogo Inc., its present in-flight Wi-Fi provider could be a reason that might open opportunities for ViaSat. The Dallas based carrier plans to switch to ViaSat for a number of its flights at home.