17 July 2008

Continental Airlines announces second quarter loss

Continental Airlines reported a second quarter 2008 net loss of $3 million. Excluding $22 million of previously announced net after tax special items, Continental recorded a net loss of $25 million. In response to these challenges, Continental implemented a number of initiatives in the second quarter of 2008 to maintain its competitive position in the […]

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Air China signs agreements for Boeing 777s and 737s

Air China, the flag carrier of the People’s Republic of China, and Boeing have signed agreements for 15 777-300ER (Extended Range) and 30 Next- Generation 737-800 jetliners. The order, worth approximately $6.3 billion at average list prices, was previously posted to the Boeing Orders and Deliveries Web site and attributed to an unidentified customer.

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JALI signs On-Site Support agreement with Hamilton Sundstrand

Hamilton Sundstrand signed an On-Site Support agreement with Japan Airlines International (JALI) covering electric power system and pneumatic system products on the airline’s fleet of 132 large commercial aircraft including Boeing 747-400s, 767s and 777s. The 10-year program will begin in August. Work will be performed at Japan Airlines International’s Narita, Japan, maintenance facility. Hamilton

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Hamilton Sundstrand completes acquisition of REVIMA APU from EADS Sogerma

Hamilton Sundstrand has purchased the remaining 49% interest of REVIMA APU. This interest was held by EADS Sogerma — a business unit of EADS — since it entered into a joint venture agreement with Hamilton Sundstrand in 2004. REVIMA APU is now a wholly-owned Hamilton Sundstrand overhaul and repair facility, which will service aircraft Auxiliary

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