13 November 2008

Pratt & Whitney signs agreement with Volvo Aero Norge for F135 engine work

Pratt & Whitney and Volvo Aero Norge signed an agreement to manufacture a critical engine component for the F135 propulsion system powering the F35 Lightning II. This agreement, combined with previous agreements signed with the company, have a potential value of more than $700 million in production over the life of the program. Pratt & …

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Avcorp announces 2008 third quarter results

Avcorp Industries announced results for the quarter ended September 30, 2008. Revenue for the quarter increased by 16% to $30,894,000 when compared to the third quarter of last year. Operational improvements continued as income from operations increased by 60% to $1,004,000 compared to $628,000 for the same quarter last year.

Copa Holdings reports earnings of $30.3 million

Copa Holdings, S.A., parent company of Copa Airlines and Aero Republica, announced financial results for the third quarter of 2008 (3Q08). Copa Holdings reported net income of US$30.3 million for 3Q08, or diluted earnings per share (EPS) of US$0.70, as compared to net income of US$46.8 million or diluted EPS of US$1.08 in 3Q07.

Embraer's first Phenom 100 customers conclude pilot training

The first Phenom 100 customers have successfully passed the practical test with the Federal Aviation Administration (FAA) on the new Embraer entry level executive jet, at Alliance Airport, in Fort Worth, Texas. James Frost and his wife Elizabeth are the first Phenom 100 customers authorized to fly the aircraft, The general pilot training program will …

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