Hawker Beechcraft reported 150 business and general aviation aircraft deliveries for its fourth quarter and 430 for the year 2007. Deliveries for the full year 2007 include those delivered by Raytheon Aircraft, the predecessor business to HBAC, in the first calendar quarter of the year.
Hawker Beechcraft delivers 430 aircraft in 2007 Read More »
Joining Cessna on the program are Pratt & Whitney Canada, with its new PW810 engine and Rockwell Collins, supplying its Pro Line Fusion advanced avionics system. Cessna has reached an agreement in principle with Spirit AeroSystems to produce the fuselage and empennage. Details will be finalized in the coming weeks. The all-new aircraft is Cessna
Cessna selects key suppliers for new Citation Columbus business jet Read More »
JetBlue Airways Corporation reported that its traffic in January increased 7.2% from January 2007, on a capacity increase of 8.0%. Load factor for January 2008 was 75.6%, a decrease of 0.5 points from January 2007.
JetBlue Airways reports January traffic up Read More »
Air Canada reported that traffic increased 3.4% in January 2008, capacity increased by 3.3%, resulting in a load factor of 78.7% compared to 78.6% in January 2007. Jazz, from which Air Canada purchases regional capacity, reported 8.1% more traffic in January 2008 than in January 2007, capacity increased by 7.8%, resulting in a load factor
Air Canada reports increased January traffic Read More »
Delta Air Lines reported system traffic increased 2.5% in January 2008 on a capacity increase of 0.2%. The system load factor for the month was 75.4% an increase of 1.7 pts compared to the same period last year.
Delta Air Lines reports system load factor of 75% Read More »
Avantair reported that they have appointed Richard Pytak to the position of Vice President of Finance. In this role, he will be responsible for the Company’s financial operations, including accounting and financial reporting. Pytak most recently was the Group Controller at Gibraltar Industries/CMI, responsible for financial accounting and reporting, computer system operations and establishing financial
Avantair names Richard Pytak Vice President – Finance Read More »
Aircastle Limited announced that a subsidiary company entered into a senior secured credit agreement with JPMorgan Chase Bank, N.A. and Calyon New York Branch. This new credit facility provides for loans in an aggregate amount of up to $300 million to finance certain specified aircraft owned or to be acquired by affiliates of Aircastle.
Aircastle announces $300 million senior secured credit agreement Read More »
Iberia has signed new handling contracts with Atlas Blue, TAM, and Turkish Airlines, whereby it will provide services to their passengers and aircraft at the Madrid and Barcelona airports. Iberia is to provide ramp services to TAM aircraft at Madrid-Barajas airport. TAM is a Brazilian carrier founded in 1961 that operates scheduled services to destinations
Iberia signs new handling contracts with three airlines Read More »
Air Atlanta Icelandic reported the signing of a one year wet-lease agreement with GMG Airlines in Bangladesh for one B747-300 TF-AMK, which started operation last Friday February 1st. An additional one year wet-lease agreement has now been signed for a second aircraft B747-300 TF-AMJ starting 1st of April 2008. The aircraft will operate scheduled flights
Air Atlanta signs new contract with GMG Airlines in Bangladesh Read More »
Net profit of JSC Aeroflot
Aeroflot almost doubled net profit Read More »
