ANA reported its consolidated half year financial results for the interim period April 1 to September 30, 2008. The Group, which consists of airlines, travel and other businesses, reported an operating income of JPY49.8 billion and a net income of JPY22 billion on revenue of JPY753 billion – falls of 25.7%, 79.1% and 1.3% respectively […]
ANA reports revenue and incomes down in tougher operating environment Read More »
Bristow Group announced it has completed the previously announced sale of 53 single-engine aircraft and related assets operating in the U.S. Gulf of Mexico to Rotorcraft Leasing Company, L.L.C. for approximately $65 million. Bristow received approximately 20% of the purchase price at closing, with the remainder to be paid from escrow as title transfers are
Bristow Group completes sale of Gulf of Mexico aircraft to Rotorcraft Read More »
SAS Group have decided to reduce surcharges with 3 EUR on Domestic, intrascandinavian and European flights. On Intercontinental flights the surcharges will be reduced by 5 EUR. These changes will be valid as from November 12 and is motivated be a less volatile and lower oil price. At the same time the USD has strengthened
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Unite, Britain’s biggest union, is seeking an urgent meeting with BMI management, to demand assurances from the company over jobs, following the news that Bmi Chairman, Sir Michael Bishop, is to sell his controlling stake to Lufthansa. The union is concerned that consolidation across the airlines will affect employment and that the fight for control
Unite fears job cuts as airlines continue to consolidate Read More »
Precision Avionics and Instruments (PAI) was granted an “Unlimited Avionics” rating from the Federal Aviation Administration (FAA). This new rating establishes PAG as one of only 22 FAA Repair Stations that have Unlimited Accessory, Unlimited Avionics and Unlimited Instrument ratings. Of the 22 repair stations that have all three of these “Unlimited” Ratings, 12 are
FAA grants Precision Aviation Group its third 'Unlimited' Capability Rating Read More »
Mr. James Goodfellow has joined the Board of Directors of Discovery Air. Mr. Goodfellow is a Chartered Accountant and was made a Fellow of the Ontario Institute of Chartered Accountants in 1986 for distinguished service to the profession. He has over 40 years experience in public accounting and providing assurance and advisory services, primarily to
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Members of the Transportation Workers Union of America (TWU) at Frontier Airlines today ratified a long-term labor agreement with the airline. The agreement was negotiated to extend certain earlier agreed upon wage and benefit concessions. “I am gratified that the TWU membership continues to demonstrate, with this vote, their willingness to work hand in hand
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Delta Air Lines released to its 75,000 employees the following memo announcing leadership changes following the company’s recent merger. Internal Memorandum To: Delta Colleagues Worldwide From: Richard Anderson and Ed Bastian Subject: The New Delta Officer Team Today we are pleased to introduce the officer team that will lead the new Delta and its more
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