Alaska Air Group released that its board of directors approved a stock repurchase program authorizing the company to purchase up to $50 million of its common stock. The new program follows the completion on Feb. 29, 2008, of a program to repurchase $100 million of the company’s outstanding stock. Under the program just completed, the […]
Alaska Air Group announces stock repurchase program Read More »
Embraer recorded fourth quarter 2007 net sales of $1,875.0 million and net sales for FY 2007 of $5,245.2 million. Net Income for 4Q07 and for the full year totaled $200.9 million and $489.3 million. Net revenues for 4Q07 totaled $1,875.0 million, a 77.0% increase compared to $1,059.6 million for the fourth quarter of 2006 (4Q06).
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Spirit Aero Systems has been selected to design and build the nacelle, thrust reverser and engine build up components for the Rolls-Royce BR725 engine; a contract worth in excess of $600 million. Spirit will also support the aforementioned products in the Rolls-Royce Corporate Care Program throughout the life of the airplane. The BR725 is the
Spirit AeroSystems to design and manufacture nacelle systems for RR BR725 Read More »
Babcock & Brown Aircraft Management reported the delivery of a new Boeing 737-800 aircraft to Transavia France on March 4, 2008, at Boeing Field in Seattle, Washington. The aircraft is the third of five new Boeing 737-800 aircraft that BBAM and its partner, Nomura Babcock & Brown Co., Ltd., have agreed to lease to Transavia
Babcock & Brown Aircraft Management delivers Boeing 737-800 to Transavia Read More »
US Airways has chosen Trent 700 engines to power up to 30 Airbus A330-200 twinjets. The value of the new business is approximately $2 billion and includes two long-term TotalCare services agreements for the Trent 700 and RB211 engine fleets. The A330 order comprises engines for 15 firm and up to 15 additional aircraft. This
US Airways chooses Trent 700 engines for up to 30 A330-200 Read More »
Avianca 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 airline’s fleet of 50 Airbus A319 and A320 aircraft. The agreement is valued at more than $750 million. The maintenance and overhaul work will be performed at the GE’s Celma
Avianca signs 15-year, $750 million OnPoint solution agreement Read More »
EgyptAir has selected the Rolls-Royce Trent 700 to power an additional fleet of up to eight Airbus A330s, due for delivery from 2011. Including a TotalCare long-term services agreement, the contract is valued at around $500 million at list prices. The airline already operates a fleet of seven Trent 700-powered A330s and 16 Airbus A320-family
Egyptair selects Rolls-Royce Trent 700 and TotalCare for additional A330s Read More »
