Continental Airlines reported a first quarter 2008 net loss of $80 million. Excluding a $5 million after tax gain from the sale of aircraft, Continental recorded a net loss of $85 million. Continental plans to remove from service an additional 14 older, less fuel efficient 737-300 aircraft as leases expire on those aircraft from September […]
Continental Airlines reports first quarter net loss Read More »
Southwest Airlines reported its first quarter 2008 results. Net income for first quarter 2008 was $34 million compared to $93 million for first quarter 2007. Excluding special items, first quarter 2008 net income was $43 million compared to $33 million in first quarter 2007.
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Honda Aircraft Company announced plans to expand sales of HondaJet to Europe, beginning in May at the annual EBACE (European Business Aviation Convention & Exhibition) conference in Geneva, Switzerland. The sales expansion comes as Honda Aircraft Company finalized its U.S. distribution network with the selection of Albany, New York, as the final location among its
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Boeing Australia opened a component repair business that will be housed in a new AUS$10 million facility at Melbourne Airport, Victoria. The new business will maintain, repair and overhaul a wide range of components for commercial and military aircraft, ranging from the revolutionary Boeing 787 Dreamliner to the Royal Australian Air Force’s F/A-18 Hornet. Boeing
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Embraer signed a five-year Pool service contract with Air Cara
Embraer renews service contract with Air Cara Read More »
Pratt & Whitney Canada will concentrate its flight test operations in a new world-class centre at Montreal-Mirabel International Airport. The new global hub represents an investment of about $90 million. Flight test operations positions currently located in Plattsburgh, New York, and Saint-Hubert, Quebec will be transferred to Mirabel. This will create more than 75 highly
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Jet Aviation and Beijing-based Deer Air, a subsidiary of HNA Group, recently signed a joint venture agreement under which the two companies will operate a FBO and line maintenance facility at Beijing’s Capital International Airport. Handling and limited line maintenance services will be ready in time for the Olympic Games (August 8 to 24, 2008).
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ST Aerospace has received approval from the FAA for its Supplemental Type Certificate (STC) on the Boeing 757-200SF Passenger-To-Freighter (PTF) conversion. This PTF STC features ST Aerospace
ST Aerospace receives FAA approval for STC on Boeing 757-200SF freighter conversion Read More »
