27 February 2008

Air Transat obtains IOSA registration

Air Transat a subsidiary of Transat A.T., was confirmed by the International Air Transport Association (IATA) as an IOSA-registered operator at a ceremony held in Madrid. IOSA (IATA Operational Safety Audit) registration caps 18 months of intense preparation work and process enhancement by the airline, followed by a comprehensive audit performed by IATA-accredited Simat, Helliesen …

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Atlas Air Worldwide reports net income of $132.4 million for full year 2007

For the full year ended December 31, 2007, AAWW posted net income of $132.4 million more than double 2006 levels, on revenues of $1.563 billion. Operating income of $154.8 million and pretax income of $132.7 million included a nonrecurring gain of $3.5 million on the disposal of aircraft and engines. For the quarter ended December …

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bmi appoints Scott Toelle Director of key accounts in USA

Scott Toelle has joined bmi, the UK’s second largest airline, as director of key accounts in the US with his office located in Oakland, Maryland. Toelle will be responsible for managing sales efforts and developing a business strategy for nearly 150 accounts that pertain to bmi’s new Middle East, Africa and Central Asia routes as …

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AerCap Holdings reports fourth quarter and full year 2007 financial results

Fourth quarter 2007 net income was $45.1 million, compared with a net loss of $8.0 million for the same period in 2006. Fourth quarter 2007 net income excluding non-cash charges relating to the mark-to-market of interest rate caps and share-based compen-sation was $57.0 million, an increase of 11% vs. fourth quarter 2006 of $51.2 million …

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