Panasonic Avionics Corporation announced an agreement with Air France – KLM, under which, Panasonic
Air France-KLM select Panasonic Avionics to provide entertainment on 777-300ER Read More »
FedEx reported revenues of $9.97 billion, up 8% from $9.20 billion a year ago, operating income of $630 million, down 23% from $814 million last year, operating margin of 6.3%, down from 8.8% the previous year and net income of $384 million, down 22% from last year
FedEx quarterly profit falls Read More »
UAL Corporation completed the amendment of its co-branded card marketing services agreement with Chase Bank, as well as amended its credit card processing agreement with Chase/Paymentech L.L.C. These agreements boost United’s liquidity by approximately $1.2 billion, including $1.0 billion in the short term and an additional $200 million over the next two years. Under the
UAL Corporation boosts liquidity by approximately $1.2 billion Read More »
AMR Corporation has raised approximately $300 million through the sale of 27.1 million shares of AMR common stock. Net proceeds to AMR were $294 million. The shares of common stock were issued pursuant to AMR’s shelf registration statement, and a prospectus supplement relating to the common stock was filed with the Securities and Exchange Commission
AMR Corporation raises $300 million through equity sale Read More »
Bombardier Aerospace announced it is assuming complete responsibility for the detail design and manufacturing of all primary and secondary structures for the all-new Bombardier Learjet 85 midsize business jet. Learjet has terminated its development agreement with Grob Aerospace AG of Switzerland.
Learjet terminates development agreement with Grob Aerospace Read More »
Pratt & Whitney Canada has established a new parts distribution centre (PDC) in Sydney, Australia to speed delivery times to customers in the Australia and New Zealand regions. P&WC’s new PDC in Australia will complement a PDC opened in Singapore last year, and in Amsterdam in late 2006. It will house a range of spare
P&WC establishes new parts distribution centre in Sydney, Australia Read More »
SAFRAN and Creuzet have confirmed the renewal of their collaboration agreement for a period of five years, reflecting their commitment to continuing a fruitful partnership. Working in partnership, the two companies will launch new technology studies, such as the development of leading-edge airfoils for fan blades. Their agreement also confirms the continued collaboration through 2013
SAFRAN and Creuzet renew collaboration for five years Read More »
