25 November 2008

ExpressJet Holdings announced that its Board of Directors has authorized an additional $10 million for the previously announced securities repurchase program. The company expects any purchases of the notes or the stock to be made from time to time in the open market or in privately negotiated transactions. The timing of any repurchases under the

ExelTech Aerospace reported its financial results for the second quarter ended September 30, 2008. All amounts are in Canadian dollars unless otherwise indicated. The Company

Qantas said it would further cut capacity as the global financial crisis continued to affect passenger demand. The Chief Executive Officer of Qantas, Mr Geoff Dixon, said that in addition to capacity cuts announced earlier this year, Qantas would reduce capacity equivalent to grounding 10 aircraft. “By taking this action now we will have the

Albuquerque manufacturer Eclipse Aviation filed for bankruptcy protection on November 25th. The manufacturer of the Very Light Eclipse 500 jet filed for Chapter 11 protection in U.S. Bankruptcy Court in Delaware.