18 February 2009

Lufthansa places $375 million engine order

Lufthansa has selected CFM International’s CFM56-5B engine to power 27 new Airbus A319/A320 aircraft in a firm engine order valued at approximately $375 million. The airline is scheduled to take its first new aircraft later this year, with deliveries continuing through November 2012.Lufthansa took delivery of its first CFM-powered aircraft in 1986 and today operates …

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Amerijet International to lease up to five 767-200 Freighters

Air Transport Services Group said that its subsidiary, Cargo Aircraft Management, (CAM), has signed an option agreement under which Amerijet International, of Ft. Lauderdale, Fla., may lease up to five Boeing 767-200 freighters from CAM. Under the agreement, Amerijet has exercised options for its first two freighters under seven-year dry-lease agreements. Amerijet is expected to …

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ExpressJet reports fourth quarter and full year 2008 results

ExpressJet Holdings, reported a fourth quarter loss, excluding special charges, of $5.7 million versus $27.1 million for the same period in 2007. These results represent a $21.4 million net income improvement. Including special items related to suspended flying operations and tax adjustments related to Section 382 of the Internal Revenue Code, ExpressJet reported a fourth …

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