Mesa Air Group reported third quarter after tax income of $1.8 million from continuing operations on operating revenues of $353.9 million. Total operating revenues for the third quarter of 2008 increased $13.5 million, or 4.0% from the same quarter in 2007. The net income of $1.8 million compares to a net gain from continuing operations …
Mesa Air Group reports third quarter 2008 revenues and earnings Read More »
Woodward and MPC Products Corporation have entered into a definitive stock purchase agreement under which Woodward would acquire MPC in a transaction valued at approximately $383 million. MPC, a privately-held company headquartered in Skokie, Ill., operated under the leadership of Joseph Roberti and Vincent Roberti for more than 45 years. MPC is an industry leader …
Associated Air Center (AAC) has delivered its twelfth Airbus Corporate Jet completion project since 2003. Arriving as a green aircraft in early November, the project was completed in an eight month turnaround time. The aircraft departed AAC in late July and will join two previously completed siblings in Africa.
SR Technics has signed an agreement with Avtrade Limited for the support of a range of Honeywell Auxiliary Power Unit (APU) components. Under this agreement SR Technics will provide maintenance and loan services to Avtrade for the APUs fitted to both Airbus and Boeing aircraft types. The APU maintenance services for Avtrade will be provided …
Embraer and Aerom
US Airways continues its international expansion as the airline applies to operate year-round service between its hub in Philadelphia and Tel Aviv, Israel. Linking the two sister cities with a daily nonstop flight, the service is set to begin in July 2009 and is subject to both U.S. Department of Transportation (DOT) and Israeli government …
US Airways files application to operate Tel Aviv service from Philadelphia hub Read More »
General Dynamics and Dreamliner Lux S.a.r.l., a company controlled by the Permira Funds, have entered into a definitive agreement for General Dynamics to acquire Zurich, Switzerland-based Jet Aviation for CHF 2.45 billion (approximately $2.25 billion) in cash. The proposed acquisition, which has been approved by the boards of directors of both companies, would be immediately …
General Dynamics to acquire Jet Aviation for $2.25 billion Read More »
