August 4, 2009

Arlington Capital Partners acquire J.A. Reinhardt and Company Incorporated

Arlington Capital Partners announced the acquisition of J.A. Reinhardt and Company Inc., located in Mountainhome, PA. The combination of J.A. Reinhardt and the TSI Group, Inc. (TSI) further enhances the defense and aerospace portfolio of Arlington Capital Partners. J.A. Reinhardt designs, engineers and manufactures thermal and mechanical products such as avionics chassis, cold plates, complex […]

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Baltia Air Lines signs LoI for the purchase of one Boeing 747 aircraft

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Baltia Air Lines, announced that they have executed a Letter of Intent for the purchase of a Boeing 747 aircraft. Baltia Air Lines, is a New York corporation publicly traded under the symbol “BLTA” on the Over the Counter Bulletin Board, OTCBB. Baltia’s base of operations is Terminal 4 at JFK International Airport in New

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Aero-Instruments receives FAA approval for replacement pitot probes for Airbus-manufactured aircraft

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Aero-Instruments announced that, after 18 months of rigorous testing and evaluation, the U.S. Federal Aviation Administration has approved the company’s 0851HL-AI Pitot Probe as a replacement part on Airbus S.A.S. airplanes flown worldwide. The Aero-Instruments’ 0851HL-AI Pitot Probe can now be installed on the more than 4,500 Airbus A318, A319, A320, A321, A330 and A340

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United Airlines reports July consolidated traffic results

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United Airlines reported its preliminary consolidated traffic results for July 2009. The company reported a July consolidated passenger load factor of 86.9%, consolidated traffic decreased in July by 4.0% on a consolidated capacity decrease of 7.0% compared with the same period in 2008.

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Continental Airlines reports July load factor of 87.3%

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Continental Airlines reported a July consolidated (mainline plus regional) load factor of 87.3%, 3.1 points above the July 2008 consolidated load factor. In July 2009 Continental reported a consolidated traffic decrease of 3.4% and a capacity decrease of 6.9% as compared to July 2008.

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Goodrich campus in Dubai adds engine control aftermarket service capability

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Goodrich Corporation has added electronic engine control accessories to its portfolio of maintenance, repair and overhaul (MRO) capability at its Dubai MRO campus. The capability covers all electronic engine controls for Rolls-Royce Trent 500, 700 and 800 powered aircraft, such as the Airbus A330 and A340, and Boeing 777. The Goodrich MRO Campus in Dubai,

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EMBRAER takes Legacy 600 Jet on Asia Pacific flying demo tour

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Embraer began a flying demo tour, this week, to demonstrate the super midsize Legacy 600 executive jet in the Asia-Pacific region. By September 8, the jet will have visited 12 countries: Australia, Hong Kong (People

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Flawless first test flight for new Bombardier Global Vision Flight Deck

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Bombardier

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Ryanair announces $1.6 bn aircraft financing agreement

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Ryanair reported that it has awarded mandates to a syndicate of banks for approximately $1.6bn of financing for 55 aircraft delivering between November 2009 and October 2010. The syndicate of banks is comprised of BNP Paribas, Calyon, and Sumitomo Mitsui Banking Corporation. The banks have been mandated to act as joint arrangers for Ryanair

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Austrian Airlines Group reports loss of EUR 166.6 million