AAR has signed a Memorandum of Agreement (MOA) with Sikorsky Aircraft Corporation under which the two companies will work together to identify opportunities to expand their business relationship. In addition, AAR was named the exclusive supplier of composite interiors for the Sikorsky S-92 helicopter program and will provide precision machining services for S-92 helicopter flooring […]
AAR strengthens relationship with Sikorsky Read More »
Honeywell announced that Kevin Burke chairman, president, and chief executive officer of Consolidated Edison, Inc., has been elected to its Board of Directors. He will serve on the Audit and Retirement Plans Committees.
Kevin Burke to join Honeywell's Board Of Directors Read More »
Embraer delivered the first Lineage 1000 executive jet to Al Jaber Aviation (AJA) of Abu Dhabi, United Arab Emirates, at the end of December. The aircraft will begin operations for on-demand charter service in March 2010. AJA will be the largest Lineage 1000 operator, with a fleet of five aircraft. Al Jaber Aviation operates two
Embraer delivers first Lineage 1000 Jet to Al Jaber Aviation Read More »
The first Phenom 300 executive jet was delivered to Executive Flight Services, a wholly owned aircraft management subsidiary of Executive AirShare, which received the aircraft on behalf of an undisclosed customer.
Executive Flight Services receives first Phenom 300 Read More »
Delta Air Lines reported traffic results for December 2009. System traffic in December 2009, including both Delta and Northwest operations, decreased 7.5% compared to December 2008 on an 8.0% decrease in capacity. Load factor increased 0.4 points to 81.2%.
Delta Air Lines reports December load factor of 81.2% Read More »
Hong Kong Aviation Company (“HKAC”), a leading investor in the global aviation sector, has successfully completed the acquisition of the Allco Aviation business and assets from the Receiver of the Sydney, Australia based Allco Finance Group. The Allco Finance Group went into Receivership in November 2008. Financial terms of the transaction have not been disclosed.
Hong Kong Aviation completes acquisition of Allco Aviation business and assets Read More »
For the month of December, Air Canada reported a system load factor of 81.2 % on a consolidated basis with Jazz, versus 81.7% in December 2008, a decrease of 0.5 percentage points. System traffic increased 3.4% on a capacity increase of 4.0% system wide.
Air Canada reports December traffic Read More »
Boeing recorded 481 commercial airplane deliveries in 2009, matching the company guidance of 480-485 airplanes. The Commercial Airplanes backlog remains strong at 3,375 airplanes. Boeing registered 263 gross and 142 net commercial orders for the year as air travel and freight declined and carriers worldwide experienced severe economic challenges.
Boeing Commercial Airplanes achieves 2009 delivery target Read More »
