Aircraft

CEO Scott Kirby reiterated that while industry consolidation remains a low-probability outcome for United, the airline would continue evaluating asset purchases such as airport slots, gates and related infrastructure.

Continental Aerospace Technologies manufactures piston aircraft engines and provides related aftermarket products and services for the aviation market.

IAC is a provider of aircraft painting services serving OEMs, airlines, operators and maintenance, repair and overhaul providers.

The move strengthens Blackhawk’s ability to deliver maintenance, upgrade and performance services in the light turbine aircraft market.

Upon completion, Allegiant and Sun Country shareholders will own roughly 67 percent and 33 percent of the combined company, respectively.