UAL Corporation reported a second quarter net loss of $323 million excluding non-cash, net mark-to-market hedge gains and certain accounting charges. The company reported a GAAP net profit of $28 million including these items. UAL announced an additional international capacity reduction of 7% for the last four months of 2009.
Boeing set to manufacture 184 AH-64E Apaches for the U.S. Army and overseas users
Boeing has confirmed it is to build 184 AH-64E Apaches for the U.S. Army as well as several international customers. This will include the first Apaches for Australia. This latest award, valued at US$1.9 billion, will bring the total current funded value of the contract to US$2.1 billion. Future obligations have the potential to see