Phil Friedman announced the formation of New Eclipse Acquisition (“New Eclipse”) which intends to bid for the assets of Eclipse Aviation Corporation in the Chapter 7 bankruptcy proceedings. Mr. Friedman is an experienced aerospace executive who has turned around several companies over his 28 year career. He is currently CEO of Harlow Aerostructures in Wichita, […]
Company formed to bring Eclipse out of bankruptcy Read More »
Iberia reported its 2008 results to Spain
Iberia reports 2008 profit of EUR 32 million Read More »
Lufthansa has submitted a public takeover offer to the shareholders of Austrian Airlines AG through
Lufthansa submitted public takeover offer to the shareholders of Austrian Airlines Read More »
Korean Air has placed a new firm order with Airbus for six more A330-200 aircraft. The order is the first for the new 238 tonne increased take-off weight version of the popular twin-engine widebody, offering an extended flying range of up to 7,200 nautical miles Scheduled for delivery from 2010, the new aircraft will be
Korean Air orders six more A330-200s Read More »
Mexicana MRO Services has joined the worldwide Airbus MRO Network. The official signing ceremony took place at the Mexicana premises in Mexico City in the presence of Manuel Borja, CEO of Mexicana, and Bruce Jones, Senior Vice President, Airbus Services and Customer Support. Mexicana MRO Services is a division of Grupo Mexicana de Aviacion S.A.
Airbus MRO Network welcomes Mexicana MRO Services as new member Read More »
HNA Group and Rolls-Royce have signed a contract for Trent 700EP engines to power Hong Kong Airlines
HNA Group signs contract for Rolls-Royce Trent 700 Read More »
Aircastle Limited reported fourth quarter net income of $24.7 million and adjusted net income of $46.6 million. Net income for the year ended December 31, 2008 was $115.3 million and adjusted net income for the year of $150.9 million. Fourth quarter total revenues were $157.8 million, an increase of $37.1 million or 30.7% over fourth
Aircastle announces fourth quarter and full year 2008 results Read More »
