September 12, 2008

XL Airways grounds aircraft after filing for insolvency

Britain’s third largest tour operator faced bankruptcy as a result of soaring fuel costs and the credit crunch. XL Leisure Group Plc, XL Airways UK Limited, Excel Aviation Limited, Explorer House Limited, Aspire Holidays Limited, Freedom Flights Limited, Freedom Flights (Aviation) Limited, The Really Great Holiday Company plc, Medlife Hotels Limited, Travel City Flights Limited, […]

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Vought to supply wings for Northrop Grumman's platform aircraft

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Vought Aircraft Industries will supply the wings for Northrop Grumman’s platform aircraft for the U.S. Navy

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Volvo Aero wins Embraer contract

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Volvo Aero Services Corporation and Embraer have signed an exclusive agreement for Volvo Aero Services to provide various inventory management services including the distribution of new surplus material. Under the agreement, Volvo Aero Services will provide inventory management services to support the distribution of new surplus material for a wide range of Embraer aircraft models

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Discovery Air terminates CEO

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Discovery Air said that the board of directors terminated David Taylor as the President and Chief Executive Officer of the corporation. Taylor and Ian McLean resigned from the Board at the same meeting. David Jennings has been appointed the interim President and Chief Executive Officer of Discovery Air.

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Alaska cuts 10% of its jobs

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Alaska Airlines said it is reducing capacity 8% compared to a year ago, effective with its winter schedule starting Nov. 9 and continuing into 2009. The reduction in capacity represents 15% fewer departures. As a result, Alaska Airlines is reducing its work force by 9 to 10%. “The one-two punch of record oil prices and

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Frontier launches checked baggage charge

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Frontier Airlines announced it will begin charging a $15 fee for a first checked bag, effective for travel after Nov. 1, 2008.

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Spirit AeroSystems wins major Southwest contract

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Spirit AeroSystems and Southwest Airlines announced the signing of a supply agreement whereby Spirit will supply thrust reverser, fuselage and wing components for Southwest’s fleet of 737 aircraft. This multi-year contract will enable Southwest to obtain predictable and competitive pricing for all 737 parts in the Spirit catalog while ensuring availability for key parts and

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XOJET reduces fuel surcharge

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XOJET

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US Airways announces changes in executive team

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US Airways announced changes to its executive team, including the promotion of David Seymour to Senior Vice President, technical operations and the expanded roles of Senior Vice President, Marketing and Planning Andrew Nocella and Vice President, Human Resources Daniel Pon. The company previously communicated to its employees the departures of Senior Vice President and Chief

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XL Airways grounds aircraft after filing for insolvency

Vought to supply wings for Northrop Grumman's platform aircraft

Volvo Aero wins Embraer contract

Discovery Air terminates CEO

Alaska cuts 10% of its jobs

Frontier launches checked baggage charge

Spirit AeroSystems wins major Southwest contract

XOJET reduces fuel surcharge

US Airways announces changes in executive team

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12 September 2008

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