29 January 2009

Embraer signs Pool program contract with Petroecuador

Embraer and Petroecuador signed a ten-year service contract for the replacement parts Pool program that will support the ERJ 145 operated by the Ecuadorian company. This special customer service program provides optimized inventory control and reduces the initial investment in replacement parts and infrastructure. Last September, Embraer delivered an ERJ 145 jet to Petroecuador. In …

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JetBlue reports fourth quarter pre tax loss of $49 million

JetBlue reported a pre-tax loss of $49 million in the fourth quarter, which includes a special non-cash charge of $53 million related to the valuation of JetBlue’s auction rate securities. Excluding this special charge, JetBlue reported pre-tax income for the quarter of $4 million. This compares to a pre-tax loss of $3 million in the …

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Continental posts 2008 full year and fourth quarter loss

Continental Airlines reported a 2008 net loss of $585 million, excluding $234 million of previously announced special items, Continental recorded a net loss of $351 million for the year. Weakening economic conditions and highly volatile fuel prices presented financial challenges for the airline in the fourth quarter 2008. Continental recorded a fourth quarter net loss …

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Airbus selects Goodrich for Comprehensive Component Support

Goodrich Corporation has been selected by Airbus to deliver broad maintenance, repair and overhaul (MRO) as well as asset management services as part of an Airbus Total Support Package (TSP) for Singapore Airlines’ fleet of 19 leased Airbus A330 aircraft. The flight hour-based support agreement, which includes Goodrich evacuation, lighting, actuation, sensors, de-icing and power …

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