Iberia reported that January 2009 capacity was down 8.1%, traffic decreased by 12.0% while load factor stood at 74.0%, falling 3.3 points with respect to the level reached one year before.
Iberia's traffic down 12% in January Read More »
For the 3rd quarter Air France KLM reported that revenues were virtually stable at 5.97 billion euros for production measured in equivalent available seat kilometers (EASK) up 2.3%. Unit revenue measured in EASK was down 2.0%, and by 1.8% on a constant currency basis. Operating costs were up 8.9% to 6.17 billion euros mainly due
Air France-KLM report 3rd quarter loss of 505 million euros Read More »
Industria de Turbo Propulsores, S.A., (ITP), presented its strategic project for the design and manufacture of low pressure turbines for aeronautical engines with less than 15,000 pounds of thrust in Mexico to President Felipe Calder
ITP to invest $160 million to manufacture low pressure turbines in Mexico Read More »
AerData, the Amsterdam/Netherlands-based provider of software and back office services for aircraft asset managers announced that it has in principle agreed to acquire its competitor Aircraft Management Solutions (
AerData acquires Aircraft Management Solutions Read More »
Astronics Corporation reported sales of $44.4 million in the fourth quarter of 2008, up 22.4% compared with $36.3 million in the fourth quarter of 2007. The Company reported a fourth quarter 2008 loss of $0.2 million, compared with net income of $2.1 million in the 2007 fourth quarter. During the quarter, the Company recorded a
Astronics Corporation reports 4th quarter sales up 22% Read More »
Copa Airlines, subsidiary of Copa Holdings S.A. has added a new Boeing 737-800 Next Generation aircraft to its fleet, one of the youngest in the industry, with an average age of 4.3 years.
Copa Airlines takes delivery of Boeing 737 Next Generation aircraft Read More »
Transat A.T. and WestJet have mutually and amiably agreed to terminate an air transportation agreement initially contracted in 2003 and set to expire in 2010. The termination will take effect at the end of the current winter season on May 10, 2009. The agreement allowed tour operator Transat Tours Canada, a Transat business unit, to
Transat and WestJet to terminate air transportation agreement Read More »
Air Canada reported an operating loss of $146 million for the fourth quarter of 2008 compared to operating income of $72 million in the fourth quarter of 2007, a difference of $218 million. Fuel expense increased $177 million or 29% compared to the fourth quarter of 2007. A net loss of $727 million in the
Air Canada reports 4th quarter net loss of $727 million Read More »
Hawker Beechcraft Acquisition Company reported net sales of $3.5 billion and operating income of $135.5 million for the 12 months ending Dec. 31, 2008. 2008 net sales were significantly impacted by the four-week strike by the International Association of Machinists (IAM) in August. The strike disrupted manufacturing and assembly operations, which significantly reduced aircraft deliveries
Hawker Beechcraft Acquisition Company reports full year 2008 financial results Read More »
SkyWest Airlines named Joe Sigg director of aircraft spares. Sigg replaces Todd Wilkinson, who has taken a new role at SkyWest’s sister carrier, Atlantic Southeast Airlines. In his new role, Sigg will be responsible for the procurement and distribution of all aircraft parts throughout SkyWest’s system, as well as working with maintenance vendors, maintaining the
SkyWest Airlines names Joe Sigg Director – Aircraft Spares Read More »
