Pilot school sets up base in Britain
WATERFORD-based Pilot Training College has forged a partnership with Cambridge Airport to establish a flight training centre at the UK facility. It is expected to be operational by the autumn. Pilot Training College trains 300 pilots a year at locations including Waterford, Dublin and Florida.
Big firms get online branding boost
THE internet's global co-ordinator has voted to allow the creation of website addresses ending in company names, enabling big firms to replace '.com' with their own brand. The Internet Corporation for Assigned Names and Numbers voted in favour of the radical proposal at a meeting in Singapore despite fears that opening up new website suffixes could cause confusion. "This is the biggest change to domain names since the creation of '.com' 26 years ago," said Theo Hnarakis, chief executive of Melbourne IT Digital Brand Services, a California-based company that provides online branding advice.
EMI ponders sale or stock market listing
MUSIC company EMI Group has launched a strategic review of the business and will consider a sale or potential stock market listing. The company insisted there was no assurance the review would result in a deal. Earlier this year, investment bank Citigroup seized full control of the company from financier Guy Hands, whose private equity vehicle Terra Firm bought EMI in 2007 for £4.2bn. EMI is the record company of the Beatles and Coldplay.
Boeing sales gain altitude at air show
BOEING booked the first big order on day one of a rain-sodden Paris Air Show, while arch-rival Airbus was left red-faced after pulling two flagship planes from flying displays. Gulf carrier Qatar Airways yesterday ordered six Boeing 777-300ER wide-body jets worth $1.7bn (€1.18bn), kickstarting what is expected to be a flurry of deals involving Asian and Middle Eastern airlines as they seek to boost transport links for their booming economies. The move comes a day after Airbus unveiled plans to boost the range of its future competing A350, of which Qatar is the biggest customer.