30 November 2005

Passenger Traffic Growth Slows, Freight Remains Flat

The International Air Transport Association (IATA) released industry traffic results for the first 10 months of 2005 showing a weakening trend for both cargo and passenger traffic. October passenger traffic grew 6.0% compared to the same month in the previous year. This is considerably slower than the 7.9% recorded for the January-October period and is […]

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Skyways Aviation arranges leases of five ERJ 145 aircraft

Skyways Aviation has arranged the long term lease of 5 ERJ aircraft from Chautauqua Airlines of the U.S. (a subsidiary of Republic Airways Holdings) to Aerolitoral of Mexico. The first three aircraft, serial numbers 145203, 145337 and 145444 were delivered in September 2005 and two further aircraft leases were closed on 28th November (serial numbers

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Bombardier shows 3rd Quarter profitable Financial Results

Bombardier announced a profitable third quarter amidst continued challenging aerospace industry conditions. With four of its airline customers under bankruptcy protection, the Corporation nevertheless reported earnings before income taxes from continuing operations (EBT) before special items of $27 million. -Consolidated revenues of $3.3 billion USD -EBT before special items of $27 million USD -Free cash

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