19 August 2008

Mesa Air Group reports third quarter 2008 revenues and earnings

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 […]

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US Airways files application to operate Tel Aviv service from Philadelphia hub

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

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General Dynamics to acquire Jet Aviation for $2.25 billion

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

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