easyJet reports first quarter revenue growth of 32%
EasyJet released that total revenue grew by 32% to
easyJet reports first quarter revenue growth of 32% Read More »
23 January 2009
BA pledges to cut net CO2 by 50% by 2050
British Airways unveiled a radical new environmental target of halving net CO2 emissions by 2050. The target means that British Airways will reduce its net carbon output from 16 million tonnes in 2005 to eight million by mid-century. Willie Walsh, the airline’s chief executive, announced the new objective in Hyderabad, to which British Airways has
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Air Berlin enters into co-operation with Hainan Airlines
Air Berlin is extending its long-range services and will be offering flights to China in time for the Chinese New Year in co-operation with Hainan Airlines, China
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Engine disassembly joint venture between AFI KLM E&M and ART
Air France Industries (AFI), KLM Engineering & Maintenance (KLM E&M) and Aviation Repair Technologies Services (ART) announced the formation of an engine disassembly joint venture named Turbine Support International (TSI). The Air France-KLM Group is majority shareholder in TSI based at ART
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Kelowna Flightcraft signs CF6-50C2 maintenance contract with AFI KLM E&M
Kelowna Flightcraft has signed an exclusive 6-year contract with Air France Industries (AFI) and KLM Engineering & Maintenance (KLM E&M) to maintain the CF6-50C2 engines on its fleet of DC10-30 freighters. AFI and KLM E&M will perform the maintenance in KLM E&M
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Volvo Aero Services restructures to better meet future demands
Volvo Aero Sevices reported that Hank Gibson has been appointed Senior Vice President, Airframe Division; Kevin Hartney has been named Senior Vice President, Legal and Corporate Affairs; Tommy Hughes has been named Senior Vice President, Engine Division and Jeff Plas was named Vice President, Repair Management.
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GE reports earnings of $18.1 billion in 2008
GE announced fourth-quarter 2008 earnings from continuing operations of $3.9 billion. Results included $1.5 billion of after-tax restructuring and other charges, including increased reserves in current environment, which are above the Company
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ATR reports record turnover in 2008 of $ 1.3 billion
ATR announced a record turnover of $1.3 billion for 2008. Such result continues the strong growth of ATR since the recovery of the turboprop market in 2005, and represents an increase of around 140% in the last three years. ATR booked orders for 42 new aircraft and options for 14 aircraft in 2008. 23 of
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