18 September 2008

SAFRAN and Creuzet renew collaboration for five years

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 […]

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P&WC establishes new parts distribution centre in Sydney, Australia

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

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AMR Corporation raises $300 million through equity sale

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

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UAL Corporation boosts liquidity by approximately $1.2 billion

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

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