Tag: Agree

ATSG and Air Canada Agree to Sale, Conversion and Leaseback of Two Boeing 767 Aircraft

WILMINGTON, Ohio–(Business WIRE)–Air Transport Services Team, Inc. (NASDAQ:ATSG) these days announced that its Cargo Aircraft Management, Inc. subsidiary has agreed to purchase two Boeing 767-300ER aircraft from Air Canada of Montreal, convert them from passenger to freighter configuration, and lease them back to Air Canada. This is the initially sale-leaseback agreement concerning ATSG and Air Canada.

The first aircraft will be inducted for conversion in March 2021. Equally are envisioned to be redelivered to Air Canada by the stop of 2021.

In November 2020, Air Canada declared the future actions in its strategic strategy to use converted freighters to increase its cargo company across the world wide provide chain in reaction to evolving chances in the air freight market.

“Finding these two 767 freighters into our procedure in 2021 is aligned with our announcement in November,” claimed Jason Berry, vice-president of cargo at Air Canada. “We

ATSG and Air Canada Agree to Sale, Conversion and Leaseback of Two Boeing 767 Plane

WILMINGTON, Ohio–(Enterprise WIRE)–Air Transport Solutions Group, Inc. (NASDAQ:ATSG) currently announced that its Cargo Aircraft Administration, Inc. subsidiary has agreed to obtain two Boeing 767-300ER plane from Air Canada of Montreal, change them from passenger to freighter configuration, and lease them again to Air Canada. This is the initially sale-leaseback arrangement among ATSG and Air Canada.

The initial aircraft will be inducted for conversion in March 2021. The two are anticipated to be redelivered to Air Canada by the stop of 2021.

In November 2020, Air Canada declared the future methods in its strategic plan to use converted freighters to improve its cargo organization throughout the global offer chain in reaction to evolving opportunities in the air freight market place.

“Obtaining these two 767 freighters into our operation in 2021 is aligned with our announcement in November,” claimed Jason Berry, vice-president of cargo at Air Canada. “We

Why Just can’t the SEC Just Agree That Bribing International Governments Is Negative?

Below the proposed language Clayton has backed, organizations
would only have to report their collective payments at the national or big
subnational stage, and payments under $150,000 would be exempt solely.
Also, exemptions would be built in situations the place international law prohibits
disclosure. Gary Kalman,
director of Transparency International’s U.S. business office, commented to the SEC that,  “Under the rule, public officers who get
bribes can block the disclosure of individuals incredibly bribes by enacting regional legal guidelines.
How prolonged does any person think it will take for corrupt officers to pass community
legislation that address their tracks? That is not accountability it’s an invitation for
evasion.”

The two
earlier incarnations of the rule expected reporting payments at the job
amount, due to the fact the extensive majority of corruption happens close to distinct contracts.
Once the proceeds of corruption enter complicated worldwide
networks
of banking companies,
regulation corporations,