Business Aviation & AAM Report

Air Transat and Porter Airlines are pushing forward with their new joint venture after gaining approval for the tie-up from Canadian regulators a few weeks ago.

Volaris CEO Enrique Beltranena said the agreement “contemplates compensation for each GTF engine removed from our fleet.”

Houthi air defenses downed a U.S. MQ-9 Reaper over the Red Sea off the coast of Yemen on Nov. 8 in another increase in tensions in the Middle East.

The government stated the airline’s ticket prices would be 18-20% lower than current prices in the market.