PPG develops glass-faced replacement windshield for Challenger 600 Series jets
PPG Industries
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19 March 2008
Spirit AeroSystems increases revolving credit facility to $650 million
Spirit AeroSystems reported the completion of an amendment to its existing credit agreements to increase the Company’s $400 million revolving credit facility to $650 million. The transaction enhances the company’s financial flexibility as it continues to invest in product development and win new business across the aerospace industry. The maturity date and interest cost of
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River Hawk Aviation acquires Carolina Air Charter
River Hawk Aviation released that it has completed an agreement to acquire Carolina Air Charter, Inc. of Charlotte, NC. Carolina Air Charter was established in 1989 to provide quality direct air charter services to meet the special demands of corporate travel. In 2008, Carolina Air Charter is expected to produce in excess of $2,000,000 in
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Premier I added to Delta AirElite fleet
Delta AirElite has added a Beechcraft Premier I to its growing nationwide fleet of modern business jets. The addition of this popular light jet is part of the company’s expansion as demand continues to grow with the success of its attractive Fleet Membership program. The late-model jet will be based in the San Francisco Bay
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Alenia Aeronautica completes ultimate load tests on Boeing 787 horizontal stabilizer
Alenia Aeronautica, a Finmeccanica company, has successfully completed the “ultimate load testing” of the Boeing 787 Dreamliner horizontal stabilizer. The test has been carried out at the Laboratory of Structural Tests at Alenia’s Pomigliano plant in Naples in the presence of Boeing engineers. The test is a fundamental step as part of Boeing’s 787 certification
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Avianca takes delivery of first CFM-powered Airbus A320 aircraft
Avianca has taken delivery of the first of 50 CFM56-5B-powered Airbus A320. The airline became CFM’s newest customer in 2007 with a $650 million order for engines to power 47 purchased A319/A320 aircraft, as well as leasing three additional airplanes from CIT Aerospace. Avianca is scheduled to take delivery of its new single-aisle aircraft fleet
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AAR reports record third quarter results
AAR reported fiscal 2008 third quarter net sales of $376.6 million and income from continuing operations of $20.3 million. Sales grew a robust 39% from $271.0 million in the same period last year, and income from continuing operations increased 31% from $15.5 million in the third quarter of the prior year. Organic sales growth was
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Czech Airlines takes delivery of second new Airbus A319
Czech Airlines has received another new Airbus A319. The aircraft arrived from the Airbus aircraft assembly centre in Hamburg, Germany. Czech Airlines will receive four new aircraft of this type from Airbus this year. The Airline has already taken delivery of the first one in February, the third will arrive in April, and the last
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