22 April 2008

Bangladeshi carrier Biman orders four 777-300ERs and four 787-8s

Aircraft & Engines / Leave a Comment

Biman Bangladesh Airlines and Boeing announced the airline’s order for four 777-300ER and four 787-8 Dreamliner airplanes at a signing ceremony in Dhaka, the capital of Bangladesh. Biman Bangladesh Airlines, which began as a government-owned national carrier in 1972, became Bangladesh’s largest public limited company in 2007. The order for new Boeing airplanes represents a …

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Jet Aviation and Elite Jets form strategic partnership

Other News / Leave a Comment

Jet Aviation and Dubai-based Elite Jets, a premium private jet operator established in 2004, recently signed a partnership agreement under which the two companies will work together to provide aircraft management and charter services in the Middle East. Jet Aviation and Elite Jets have maintained a close working relationship in the past. The new strategic …

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Boeing and Airbus join forces to improve aviation's environmental performance

Other News / Leave a Comment

Boeing and Airbus have signed an agreement to work together to ensure global interoperability in air traffic management as part of an effort to help reduce the impact of aviation on the environment. The companies will seek the acceleration of improvements to the world’s air transportation management system in order to increase efficiency and eliminate …

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Lockheed Martin announces first quarter 2008 results

Financial / Leave a Comment

Lockheed Martin Corporation reported first quarter 2008 net earnings of $730 million compared to $690 million in 2007. Net sales were $10.0 billion, an 8% increase over first quarter 2007 sales of $9.3 billion. Cash from operations for the first quarter of 2008 was $882 million, compared to $1.5 billion in 2007.

AirTran Holdings reports first quarter net loss of $34.8 million

Financial / Leave a Comment

AirTran Holdings reported a net loss of $34.8 million for the first quarter. During the same quarter in 2007, AirTran reported net income of $2.2 million. AirTran revenues remain very strong, despite generally negative economic news in the U.S. Revenues for the first quarter grew 18.3% to $596.4 million, an all-time quarterly record, and passenger …

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