Iberia reported that in June the load factor improved 1.9 percentage points, reaching 83,0% in the overall network and reflecting an efficient adjustment of capacity to the demand evolution. Traffic dropped 5.1%, while capacity was reduced by 7.3%. In all the markets the decreases were lower than the ones registered in May.
The management of the Austrian Airlines Group agreed on a time-limited package of saving measures with all the Works Councils designed to help improve the competitiveness of the company. It has been agreed that personnel expenditure should be reduced by 5% for a time-limited period from 2010 to 2015. Over this 6-year period, this will …
Austrian Airlines Group agrees on time-limited savings package Read More »
Air Berlin Technik, subsidiary of the Air Berlin Group, reported that it has just succeeded in winning new servicing contracts for three of its maintenance stations. At Munich Airport, Air Berlin Technik will support the Spanish airline Iberia in Line Maintenance; the servicing facilities at Berlin-Tegel will be used by Estonian Air, and the Air …
Air Berlin Technik wins new servicing contracts Read More »
The first Airbus A330 aircraft platform slated for the United Kingdom’s Future Strategic Tanker Aircraft (FSTA) program has arrived ahead of schedule to begin its conversion into a Multi-Role Tanker Transport (MRTT) at Airbus Military facilities in Madrid, Spain. The Royal Air Force (RAF) tanker uses the same basic airframe as Northrop Grumman’s KC-45, which …
First Airbus A330 ready for conversion to U.K.'s future strategic tanker aircraft Read More »
AMR Corporation the parent company of American Airlines reported a net loss of $390 million for the second quarter of 2009. The results include the impact of approximately $70 million in non-recurring charges related to the sale of certain aircraft and the grounding of leased Airbus A300 aircraft prior to lease expiration. Excluding those non-recurring …
AMR Corporation reports second quarter 2009 net loss of $390 million Read More »
AAR reported fiscal year 2009 fourth quarter consolidated sales of $371.7 million and income from continuing operations of $20.5 million. Sales decreased 5% from $391.7 million reported in the fourth quarter of last year, and diluted earnings per share from continuing operations decreased 6%. Fourth quarter results include a $10.1 million impairment charge related to …
AAR reports fourth quarter and fiscal 2009 results Read More »
Guardian Mobility announced that its Guardian 3i and Guardian 3x tracking devices have been granted Supplemental Type Certificate (STC) approval by Transport Canada for installation in Eurocopter AS350 and 355 model aircraft.
Universal Asset Management released that they acquired an ex-Northwest 757-200 for disassembly. Through UAM
