AAR reported income from continuing operations of $21.4 million, or $0.51 per diluted share for the second quarter ended November 30, 2008. Second quarter results include a $21.0 million impairment charge related to aircraft and a $22.1 million gain on extinguishment of debt. Sales increased 14% to $353.6 million from $310.6 million in the prior […]
AAR reports second quarter results Read More »
Uzbekistan’s national carrier, Uzbekistan Airways, signed a firm contract for the purchase of four A320 aircraft as part of the modernisation of its medium range fleet. In addition to six A320s already acquired by the airline in June 2007, this order will further enlarge the airline’s A320 orders up to ten aircraft. The aircraft will
Uzbekistan Airways orders four A320s Read More »
Airbus has started flight-testing of Blended Winglet devices on an Airbus A320. The Blended Winglet technology, developed by Aviation Partners Inc. (API), has been specially adapted for these tests on the A320 Family. The objective of these tests and the subsequent evaluation is to identify both the performance and economic benefits that these devices could
Airbus undertakes blended-winglet evaluation on A320 Read More »
KLM Royal Dutch Airlines will have full ownership of Martinair. KLM and the A.P. Moller – Maersk Group have agreed on the sale of A.P. Moller
KLM becomes full owner of Martinair Read More »
Cessna Aircraft Company this week became the first business aircraft manufacturer to achieve a European fleet size of 1,000 jets, with the delivery of a Citation XLS to Turkish charter operator BONAIR. BONAIR, which is based in Florya, Istanbul, has operated Cessnas in its fleet for 22 years and considers itself part of the Cessna
Cessna delivers the 1,000th European Cessna to BONAIR Read More »
