24 February 2009

Finnair pilots reject settlement proposal

The Finnish Airline Pilots’ Association SLL, which represents Finnair’s pilots, rejected a settlement proposal made by the state arbitrator. The pilots announced, however, that they were cancelling their threat of five one-day strikes. An overtime ban, initiated by the pilots in January, will continue. Finnair flights, therefore, will fly for the most part normally.

Flightstar re-delivers 15th 757-200PCF conversion

Flightstar Aircraft Services (Flightstar), a leading provider of heavy aircraft maintenance and modifications, has re-delivered its 15th, full fifteen pallet 757-200PCF for Precision Conversions. The converted 757-200PCF is owned by Cargo Aircraft Management (CAM), a subsidiary of Air Transport Services Group. Flightstar began converting B757-200 aircraft for Precision Conversions in November of 2006 with the …

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Alabama Aircraft Industries announces C-130 depaint contract award

Alabama Aircraft Industries, Birmingham, has been awarded a contract from the United States Air Force to perform depaint and safety of flight repairs on Air Force and Navy / Marine C-130 aircraft. The contract carries a term of one base period of six months and one option period of six months. It is expected that …

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Atlas Air Worldwide Holdings reports 2008 earnings

Atlas Air Worldwide Holdings announced for the quarter ended December 31, 2008, net income of $62.3 million on revenues of $335.0 million and pretax earnings of $103.5 million. For the full year, AAWW posted net income of $63.7 million on revenues of $1.607 billion and pretax earnings of $113.9 million.

Rolls-Royce and PZL-Swidnik explore RR500 applications

Rolls-Royce and PZL-Swidnik Aircraft have signed a Memorandum of Understanding (MoU) to discuss future applications of the new RR500 engine family. The RR500 turboshaft was launched on Febr. 23rd, at Heli Expo in Anaheim, California. Rolls-Royce and PZL-Swidnik will work together to determine how the new RR500 engine family can be applied to the company

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