18 January 2008

GE reports record fourth-quarter and full-year results for 2007

GE reported fourth-quarter 2007 earnings from continuing operations of $6.8 billion up 15% and 17%, respectively, from fourth-quarter 2006. Fourth-quarter revenues from continuing operations were $48.6 billion, up 18%, increasing 10% organically. Full-year 2007 earnings from continuing operations were $22.5 billion up 16% and 18%, respectively, from 2006. Full-year 2007 revenues from continuing operations were […]

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TAM renews IOSA certificate

TAM Linhas Aereas has had its IOSA certificate (IATA Operational Safety Audit) renewed until January 2010. The certificate is the most thorough and widely accepted international verification of civil aviation operational safety. The IOSA registration revalidation, valid for the next two years, was granted to TAM after the conclusion of the auditing process by independents

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Goodrich Corporation completes acquisition of Skyline Industries

Goodrich Corporation completed the acquisition of Skyline Industries, a leading manufacturer of lightweight crashworthy military helicopter seats and helicopter floor armor. Terms of the acquisition were not disclosed. Skyline employs around 40 people at its Fort Worth, Texas facility. Major customers include the U.S. Department of Defense, Eurocopter, Bell Helicopter and Boeing. The company began

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Spring Airlines signs 15-year OnPoint solution agreement

Chinese low-cost carrier Spring Airlines has signed a 15-year OnPointSM solution agreement with GE Aviation’s Services business for the maintenance and overhaul of the CFM56-5B engines that power the airlines fleet of Airbus A320 aircraft. The agreement, which covers the engines powering the airline’s recently announced fleet of 10 purchased A320 as well as 20

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