28 August 2008

Alaska Airlines completes transition to all-Boeing fleet

Alaska Airlines completed its transition to an all-Boeing 737 aircraft fleet with the retirement of its last MD-80 series airplane, part of a two-year plan to increase the airline’s operational efficiency and improve fuel conservation. The airline has firm commitments for an additional eight Boeing 737-800s through 2008, which will bring its fleet to 116

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EgyptAir and Boeing announce 777 fleet enhancement

EgyptAir announced an order for two 777-300ER (Extended Range) jetliners as part of the airline’s twin-aisle fleet upgrade for its long-haul service. The order, which is worth $529 million at current list prices, previously was attributed to an unidentified customer on Boeing’s Orders & Deliveries Web site. On July 11, EgyptAir celebrated its induction as

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Precision Castparts acquires Airdrome Holdings

Precision Castparts Corp. has agreed to acquire Airdrome Holdings, LLC, which consists of Airdrome Precision Components (APC) and AF Aerospace Ltd. (AFA). APC, located in Long Beach, California, is a leading supplier of hydraulic and pneumatic fluid fittings primarily for airframe applications. AFA, located in Rugby, England, manufactures a variety of machined components for aerospace

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HEICO Corporation reports net income increase of 18% for 3rd quarter

HEICO Corporation reported that net income increased 18% to $12,827,000 for the third quarter of fiscal 2008 from $10,914,000 for the third quarter of fiscal 2007. For the first nine months of fiscal 2008, net income increased 23% to $34,861,000 from $28,242,000 in the first nine months of fiscal 2007. Operating income increased 15% to

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