Allegiant Travel has entered into an agreement with funds affiliated with Blackstone Real Estate to sell its Sunseeker Resort Charlotte Harbor in Florida. The deal is valued at $200 million, representing a significant divestment by Allegiant as it shifts strategic focus away from the resort and hospitality sector.
A subsidiary of US-based Willis Lease Finance, Willis Engine Repair Center, has entered into a strategic partnership with Global Engine Maintenance (US) to establish a joint venture named Willis Global Engine Testing. The venture aims to construct a state-of-the-art engine test cell facility in West Palm Beach, Florida.
JetBlue Airways, a major US-based airline, has been granted permission by a trial judge to advance its commerce clause arguments in its legal challenge to a Florida law that determines how much of a commercial airline’s income is taxable within the state.
Caribbean Airlines, the flag carrier of Trinidad and Tobago, has announced the resumption of its Kingston (KIN) – Fort Lauderdale (FLL) route starting December 17, 2024. The service will be operated with the airline’s Boeing 737-8aircraft, offering enhanced capacity and efficiency.
