4 January 2008

ABX completes CHI acquisition and holding company formation

ABX Holdings, Inc., successor to ABX Air, Inc. has completed its previously announced (November 2, 2007) holding company reorganization and plan to acquire Cargo Holdings International (CHI), a privately held provider of outsourced air cargo services based in Orlando, Fla., for $332 million in cash and common shares of ABX Holdings, its newly formed parent

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Rolls-Royce grows presence in Northern Virginia

Rolls-Royce announced two steps to better position its business activities in North America. In mid-2008, the company will move its North American corporate headquarters, which employs 130 people, from Chantilly, Virginia to a new building in Reston, Virginia. It will then begin to consolidate its North American Purchasing organization in the Chantilly office, which will

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TAM receives loan to finance pre-delivery payments for 30 aircraft

TAM signed a loan agreement with the BNP Paribas bank to finance up to $ 117.1 million in pre-delivery payment (PDP) operations for 30 Airbus aircraft contracted with the French company, with confirmed purchase orders and deliveries scheduled for the period 2008 to 2010. TAM’s fleet plan forecasts that it will close 2008 with 123

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Adam Aircraft selects Varify Inc. to provide supplier quality services

Adam Aircraft Industries (AAI) has awarded Verify, Inc., a provider of supply chain and technical support services, a supplier quality services contract. Adam Aircraft is supplementing their supplier quality engineering organization with personnel from Verify. Adam Aircraft designs and manufactures a family of innovative general aviation aircraft, including the centerline thrust, twin-engine A500, and the

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GOL increases Boeing 737-800 Next Generation order to 161 aircraft

GOL Linhas Aereas Inteligentes S.A. has exercised firm orders for 34 Boeing 737-800 NGs, completing the purchase option for 121 aircraft negotiated in October 2006, and has signed a new contract for the acquisition of 40 additional aircraft for delivery in 2012-2014. The Company also announced that it has accelerated its plans for modernization and

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British Airways and Boeing finalize contract for 24 787 Dreamliners

Eclipse Aviation, manufacturer of the first very light jet (VLJ), has received certification of Avio NG from the Federal Aviation Administration (FAA). The Avio NG Total Aircraft Integration system, exclusive to the Eclipse 500 VLJ, provides centralized control of virtually all Eclipse 500 systems and avionics functions. Avio NG significantly reduces pilot workload by simplifying

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ABX Air to provide additional airlift for DHL network

Eclipse Aviation, manufacturer of the first very light jet (VLJ), has received certification of Avio NG from the Federal Aviation Administration (FAA). The Avio NG Total Aircraft Integration system, exclusive to the Eclipse 500 VLJ, provides centralized control of virtually all Eclipse 500 systems and avionics functions. Avio NG significantly reduces pilot workload by simplifying

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