Bombardier announced that it has closed a $600 million Letter of Credit Facility agreement with a syndicate of first quality financial institutions, mainly North American-based. This facility, which was oversubscribed, is dedicated to supporting Bombardier Aerospace
Bombardier announces closing of $600 million US syndicated Letter of Credit Facility Read More »
Airbus has launched a study for reinforcing flight data recovery, including, but not limited to, extended data transmission for commercial airliners, so that in the event of accidents, critical flight information can still be recovered and released to the investigating authorities. The study will be conducted by Patrick Gavin, Head of Airbus Engineering, and Charles
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Alaska reported an increase in load factor to 80.7% in June 2009, compared to 79.5% in June 2008, on a 4.1% decline in capacity compared to the prior-year period. Traffic for June decreased 2.6% compared to the same period last year.
Alaska Air Group reports June load factor of 80.7% Read More »
AerCap Holdings N.V. announced that it has signed a $221 million funding facility with HSH Nordbank AG covering the pre-delivery payments for ten new Airbus A330 aircraft. This funding facility completes AerCap’s remaining pre-delivery payment requirements for its 30 A330 aircraft order. This order was placed in 2006/2007 with deliveries scheduled until 2012. Keith Helming,
AerCap signs $221 million Airbus A330 pre-delivery payment funding facility Read More »
Republic Airways reported a 4.5% increase in traffic for June 2009, while capacity increased 3.5%. The load factor was 79.3% versus 78.5% in June 2008. Approximately 1.8 million passengers were carried during the month, a 3.2% increase from the same month last year.
Republic Airways reports June 2009 traffic Read More »
In conjunction with the international Paris Air Show, Volvo Aero and the French engine manufacturer Snecma signed an agreement stating that Volvo Aero Norway will supply components for the new, enhanced engine for the Boeing 737 aircraft, the CFM56-7BE. As Snecma is Volvo Aero Norway
Volvo Aero Norway signs agreement with Snecma Read More »
Continental Airlines reported a consolidated (mainline plus regional) traffic decrease of 6.5% and a capacity decrease of 7.8% as compared to June 2008. June consolidated load factor was 84.8%, 1.1 points above the June 2008 consolidated load factor.
Continental Airlines reports June 2009 operational performance Read More »
