Northwest Airlines Corporation reported a third quarter 2008 net loss of $317 million, or $1.20 per share. The reported results include a $410 million non-cash charge associated with marking-to-market out-of-period fuel hedges as required by Statement of Financial Accounting Standard (SFAS) 133, Accounting for Derivative Instruments and Hedging Activities. Excluding this charge, Northwest reported an …
22 October 2008
Hamilton Sundstrand Power Systems (HSPS) and StandardAero, a division of Dubai Aerospace Enterprises, agreed to appoint StandardAero’s Maryville, Tenn., facility an authorized repair facility for the APS 2300 Auxiliary Power Unit (APU). As an authorized repair facility, StandardAero will offer APS 2300 APU operators another APU maintenance source. Under the agreement, HSPS will provide StandardAero …
Delta Air Lines will expand its service to the African continent with the introduction of the first and only flight between Hartsfield Jackson Atlanta International Airport and Monrovia’s Roberts International Airport, Liberia. The service, which will make a stop at Amilcar Cabral International Airport on Sal Island, Cape Verde, will start in June, 2009.
USA3000 announced that Steven E. Harfst has been named its first President and Chief Executive Officer, effective Nov. 10th, 2008. Mr. Harfst will replace Angus Kinnear who recently retired as USA3000’s Chief Operating Officer.
Croatia Airlines, the flag carrier of the Republic of Croatia, has signed a firm contract with Airbus for the purchase of four A319s to add to its growing medium haul fleet aircraft. The new A319s will join its eight A320 Family aircraft already in operation. Croatia Airlines
The Boeing Company