Embraer informed that it has consolidated its organizational structure by reducing managerial positions and administrative functions, which involved a reduction of around 250 people. Embraer continues to move firmly ahead in its growth process and in improving its results, and confirms the aircraft delivery forecasts and economic-financial projections previously announced.
Embraer to lay off 250 people Read More »
British Airways and Boeing have signed an order for two Boeing 777-300ER jetliners valued at $529 million at list prices. Boeing also announced that GE Commercial Aviation Services (GECAS) has purchased two 777-300ERs, airplanes that were previously listed as an unidentified order on the Boeing Web site. The airplanes are two of four 777s that
British Airways, GECAS and Boeing finalize deal for up to 10 777-300ERs Read More »
Delta Air Lines and Northwest Airlines received unconditional clearance from the European Commission on the airlines
Delta-Northwest merger receives clearance from European Commission Read More »
WestJet will lease smaller aircraft for the period of September 2 to 30, 2008, in order to continue to serve the people of Prince George while the main runway at the Prince George Airport is being extended. During construction, the main runway will be shortened to the point where WestJet is unable to land its
WestJet to lease aircraft to continue to serve Prince George Read More »
WestJet reported July traffic statistics with a load factor of 79.7% down 2.9 pts compared to July 2007, capacity was up 22.7% and traffic was up 18.3% compared to the same period last year.
WestJet announces July load factor of 79.7% Read More »
ACE Aviation Holdings reported net income of $830 million for the second quarter of 2008. This included pre-tax gains of $908 million from the sale of Aeroplan and Jazz units in the quarter. ACE recorded an operating loss of $2 million for the quarter. Air Canada reported operating income of $7 million, a decrease of
ACE Aviation reports 2nd quarter net income of $830 million Read More »
Aircastle Limited reported second quarter total revenues of $145.4 million and net income of $35.3 million. Income from continuing operations for the second quarter was also $35.3 million. During the second quarter, Aircastle acquired two aircraft with an aggregate purchase price of $157.1 million, completing the purchase obligations under the GAIF contract. In addition, Aircastle
Aircastle releases second quarter 2008 results Read More »
Azerbaijan Airlines and Boeing have finalized an order for two Next-Generation 737-900ERs and two 767-300ERs. The order is valued at $449 million at list prices. One of the 767s is a substitution for a previously ordered 787, as reflected on Boeing’s Orders and Deliveries Web site. Including this latest announcement, Azerbaijan Airlines has a total
Azerbaijan Airlines announce order for 737s and 767s Read More »
