Silverjet the all buisiness class airline has ceased operations on May 30th. Silverjet announced on May 23rd, 2008 that it had yet to receive the proceeds of the $5.0 million drawdown request made under its loan facility with Viceroy Holdings LLC (
Nippon Cargo Airlines has taken delivery of its first GE CF6-80C2 engines incorporating a new, high-pressure turbine upgrade. The turbine upgrade, part of GE’s new Tech CF6 program, was installed in engines for the airline’s new Boeing 747-400F aircraft. Nippon Cargo ordered 10 747-400F aircraft, and the seventh was delivered on May 29th. The remaining …
Nippon Cargo Airlines takes delivery of first GE CF6-80C2 engine Read More »
Bombardier announced its facility in Quer
Boeing and International Lease Finance Corp. (ILFC) reached a historic milestone this week with the delivery of ILFC’s 75th Boeing 777. The Boeing 777-300ER is leased to ILFC’s customer, Cathay Pacific Airways. ILFC has ordered 79 777s from Boeing since 1992, more than any other customer. Cathay Pacific now operates 25 777s, with 22 more …
AirTran Airways reported that it will defer 18 Boeing 737-700 aircraft originally scheduled for delivery between 2009 through 2011 to 2013 through 2014. “As we stated during our first quarter earnings call, as a result of continuing record high fuel costs, we are reducing planned growth for September, 2008, through at least 2009 from 10 …
AirTran Airways defers 18 Boeing aircraft deliveries Read More »
HEICO Corporation reported that net income increased 27% to $11,948,000 for the second quarter of fiscal 2008 from $9,407,000 for the second quarter of fiscal 2007. For the first six months of fiscal 2008, net income increased 27% to a record $22,034,000 from $17,328,000 in the first six months of fiscal 2007. Operating income increased …
HEICO reports record sales and operating income for second quarter Read More »
Mesa Air Group Inc. (Nasdaq: MESA – News) today won a preliminary injunction in the Federal Court in Atlanta enjoining Delta Air Lines from terminating Freedom Air’s ERJ-145 contract. On March 28, 2008, Delta notified Mesa of its intent to terminate the Delta Connection Agreement among Delta, the Company, and Mesa’s wholly owned subsidiary, Freedom …
Mesa Air Group wins injunction in dispute with Delta Air Lines Read More »
