Chile-based LAN Airlines is acquiring 98.942 per cent of Aires’ shares for US$12 million in cash and is assuming Aires’ net liabilities of approximately $100 million, which include $18 million of bank debt.

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In taking delivery of four previously owned 78-seat Q400 turboprops from South Korea’s Jeju Air, the carrier has become the first operator of the Q400 in South America.

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Horizon Air is painting three of its 76-seat Bombardier Q400 turboprops with special liveries featuring the colors and marks of the University of Idaho, the University of Montana and Montana State University. The newly painted planes will join five other university-themed aircraft launched by Horizon since early 2008.

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After finalizing approval for four additional slots at Newark Liberty International Airport, Canada’s Porter Airlines is to offer 11 daily round-trip flights between Newark and Billy Bishop Toronto City Airport from September 20.

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British carrier Flybe is to base three of its Bombardier Q400 aircraft at Helsinki from the end of October and operate them on Finnish domestic and trans-Baltic routes on behalf of Finnair.

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Australian flag carrier Qantas Airways Ltd. has placed a firm order for seven Bombardier Q400 NextGen turboprop airliners, for operation by Qantas’ wholly owned regional airline QantasLink. This order will increase to 28 the number of Q400 and Q400 NextGen airliners operated by QantasLink.

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Canadian regional carrier Jazz Air LP has placed a firm order for 15 Bombardier Q400 NextGen turboprop airliners and has taken options on an additional 15 Q400 NextGen aircraft, in a deal whose value could reach US$937 million at list prices.

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Alaska Airlines is launching daily service between San Diego and Kahului, Maui and its sister regional carrier Horizon Air is starting four-times-daily service between the Silicon Valley-area city of San Jose and Los Angeles.

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The main shareholders of Greek airlines Aegean Airlines and Olympic Air have agreed a merger which, if the deal is permitted by the European Commission, would result in the formation of a new company to be listed on the Athens Exchange.

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Porter Airlines is adding more flights linking New York and Boston with the Canadian regional airline’s hub at Toronto City Centre Airport (YTZ) from November 15.

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Canadian regional airline Porter Airlines has begun serving its third U.S. destination, offering three daily round-trip flights between Boston Logan International Airport and Toronto City Centre Airport.

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