BOC Aviation recorded a net profit after tax of $107 million for 2008, 32% higher than the $81 million earned in the previous year. This is the first year that BOC Aviation has achieved a net profit after tax of more than $100 million. BOC Aviation recorded higher lease rentals from a bigger portfolio as […]
BOC Aviation achieves net profit of $107 million Read More »
Air Berlin PLC was informed that the Turkish ESAS Holding A.S. which, inter alia, operates Pegasus Airlines, on 28 March 2009, concluded a share purchase agreement for the acquisition of approximately 15% of the voting shares of Air Berlin PLC. According to ESAS Holding, the execution of the share purchase agreement is subject to the
ESAS Holding A.S. acquires 15% stake in Air Berlin PLC Read More »
SR Technics Group (SR Technics) has concluded a statutory consultation period with the representatives of its 1,135 employees at Dublin Airport. These discussions followed the announcement on February 12, 2009 of the Group
SR Technics confirms wind-down plans for its Dublin operation Read More »
At the Aircraft Interiors Expo 2009 Lufthansa Technik has signed a contract with Airbus to supply Guideline ColourFit, the non-electric, maintenance-free emergency floor-path guidance system. Guideline ColourFit photo-luminescent strips will be offered standardly by Airbus to customers for its complete family of passenger jets
Lufthansa Technik signs contract with Airbus to supply Guideline ColourFit Read More »
For the year, Gulfstream reported a 2008 net loss of $14.8 million ($5.00 diluted loss per share), and a fourth quarter net loss of $5.9 million ($1.99 diluted loss per share). The net loss in 2008 was significantly affected by three non-cash charges totaling $11.5 million, the latter two of which also impacted the fourth
Gulfstream International Group reports full year net loss of $14.8 million Read More »
Cargojet Airways has earned the International Air Transport Association’s (IATA) Operational Safety certification. The IATA Operational Safety Audit (IOSA) programme is an internationally recognized and accepted evaluation system designed to assess the operational management and control systems of an airline. IOSA uses internationally recognized quality audit principles and is designed to conduct audits in a
Cargojet earns IATA's IOSA certification Read More »
Avcorp released its financial results for the year ended December 31, 2008. During the year ended December 31, 2008, the Company recorded earnings from operations of $485,000 on $128,868,000 revenue, an improvement over the $205,000 earnings from operations on $110,283,000 revenue for the preceding year; and a net loss for the current year of $2,251,000
Avcorp announces 2008 annual results Read More »
Air Canada announced the appointment of Duncan Dee as Executive Vice President and Chief Operating Officer effective April 3, 2009. Mr. Dee will report directly to Calin Rovinescu, President and Chief Executive Officer. Mr. Dee succeeds Bill Bredt who is retiring from the company after 36 years of service with Air Canada and Jazz.
Air Canada appoints Duncan Dee as Executive Vice President and COO Read More »
