5 June 2008

Emirates Investment & Development takes 80% stake in Sino Swearingen Aircraft

Emirates Investment & Development PSC (Emivest) of Dubai, have obtained approval from the Committee on Foreign Investment in the United States (CFIUS) to acquire an 80% stake in Sino Swearingen Aircraft Corporation (SSAC) of San Antonio, Texas. The acquisition will enable SSAC to initiate full-scale production of its SJ30. The SJ30 is a light jet

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Hawaiian expanding interisland fleet with four Boeing 717-200

Hawaiian Airlines has announced that it will expand its interisland fleet with the addition of four Boeing 717-200 aircraft to better meet the needs of Hawaii’s interisland travelers in the wake of the shutdown of Aloha Airlines on April 1. Two of the aircraft are expected to enter service in September, while the remaining two

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Blue Air and Boeing reach agreement on order for three Boeing 737-900ERs

Romanian low-cost carrier Blue Air announced an agreement on an order for three Next-Generation 737-900ER jetliners. Earlier this year, the Bucharest-based airline ordered two 737-800s. Today’s order is worth $238.5 million at current list prices. The airplanes will be equipped with performance-enhancing Blended Winglets. Blue Air started operations in December 2004 as the first Romanian

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Frontier and Teamsters Union reach final agreement on wage concessions

Frontier Airlines announced that the International Brotherhood of Teamsters Union voted in support of temporary wage and benefit concessions requested by the Company. The Teamsters represent about 430 people at Frontier including mechanics and related workers, tool room employees, aircraft appearance agents and material specialists. Frontier asked all of its employees, both represented and non-represented,

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Jim Moravecek to succeed Bruce Hughes as Engine Alliance President

Jim Moravecek has been named President of the Engine Alliance, a 50/50 joint venture of General Electric and Pratt & Whitney. Moravecek will succeed Bruce Hughes who will return to GE Aviation in a leadership position. Moravecek has been with Engine Alliance-partner Pratt & Whitney for 35 years. He assumes the Engine Alliance

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