7 May 2008

United receives lender approval for credit facility amendment

UAL Corporation announced that with the approval of its lenders it has amended its existing $1.5 billion Amended and Restated Revolving Credit, Term Loan and Guaranty Agreement dated as of February 2, 2007 with JPMorgan Chase Bank, N.A., Citicorp USA, Inc., J.P. Morgan Securities Inc., Citigroup Global Markets, Inc., Credit Suisse Securities (USA) LLC and

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World Airways adds Boeing 747-400 Freighter to certificate

World Airways has added the first Boeing 747-400 freighter to its certificate following completion of induction requirements and approval by the Federal Aviation Administration. The aircraft has a range of 4,600 miles and a payload capacity of 250,000 pounds, which makes it ideal for long-range inter-continental service around the globe. Conversion to cargo configuration was

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Airbus and Latecoere discontinue negotiations on sites divestment

Airbus and Latecoere have terminated negotiations regarding the sale of the Airbus sites in Meaulte and Saint Nazaire Ville since a viable solution could not be finalised within the required time frame, in particular due to the current difficult financial environment. However, Airbus intends to keep Latecoere as a first tier partner for the development

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