15 April 2009

AMR Corporation reports first quarter 2009 net loss of $375 million

AMR Corporation, the parent company of American Airlines, reported a net loss of $375 million for the first quarter of 2009, or $1.35 per share. The results include the impact of a $13 million charge to reflect the net present value of future lease payments related to A300 aircraft retirements during the quarter. The current

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FAA certifies GE's flight management software update

GE Aviation announces the Federal Aviation Administration (FAA) certification of the flight management system (FMS) software Update 10.8 for Boeing Next-Generation 737s. The new software is standard fit for all 737 production airplanes starting February 2009. The FMS 10.8 software update provides improved operation, increased navigation data base size for storage of a worldwide size

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Alaska Airlines and ALPA reach tentative agreement on four-year contract

Alaska Airlines reported that it has reached a tentative agreement with the Air Line Pilots Association (ALPA) on a new, four-year contract for the carrier’s 1,455 pilots. The proposed contract will now be presented to Alaska’s pilots for review and a ratification vote, which is expected to be completed by the third week in May.

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