Republic Airways reported preliminary passenger traffic results for December 2009. The Company reported that traffic increased 112.4% from the same month last year, while cpacity increased 99.5%. Load factor was 75.3% versus 70.7% in December 2008.
Republic Airways reports December 2009 traffic Read More »
JetBlue Airways reported that its traffic in December increased 7.5% from December 2008, on a capacity increase of 6.6%. Load factor for December 2009 was 80.0%, an increase of 0.6 points from December 2008.
JetBlue Airways reports December traffic increase of 7.5% Read More »
The Lockheed Martin F-35B Lightning II short takeoff/vertical landing (STOVL) stealth fighter engaged its STOVL propulsion system in flight for the first time on January 7th. The successful test is the first in a series of planned STOVL-mode flights that will include short takeoffs, hovers and vertical landings. The aircraft is powered by a single
Lockheed Martin F-35B begins In-Flight STOVL operations Read More »
UPS announced that it expects to exceed its previously announced estimate for 4th quarter 2009 earnings, now anticipating a range of $0.73 to $0.75 per diluted share. The company previously projected earnings of $0.58 to $0.65 per diluted share for this period. In an effort to improve performance in the U.S. package segment, UPS also
UPS 4th quarter earnings to exceed initial guidance Read More »
The Department of Transportation (DOT) confirmed Virgin America’s financial fitness and U.S. citizenship status. The DOT issued a ruling that the airline and its proposed new ownership structure will remain fully compliant with U.S. ownership laws. U.S. law requires that domestic airlines remain under the control of U.S. citizens, with no more than 25% of
Virgin America cleared for take-off in 2010 Read More »
Boeing announced organization and leadership changes within its Integrated Defense Systems unit that continue to reposition the company for growth in the current business environment. The realignment is effective immediately, and the unit will begin operating under a new name: Boeing Defense, Space & Security. In announcing the changes, Boeing Defense, Space & Security President
Boeing defense unit realigns for growth Read More »
EADS Defence & Security (DS) signed a fixed-wing maintenance contract with the Spanish Navy for the AV8B Harrier II, AV8B Harrier II Plus and CESSNA aircraft. Worth more than 9 million euros, the contract will run for 4 years and guarantees engineering, logistical support and MRO services as well as technical assistance, continued airworthiness support
EADS Defence & Security signs contract with Spanish Navy Read More »
Southwest Airlines announced that traffic in December 2009 increased 3.0%, while capacity decreased 5.8%. The load factor for the month was 76.2% compared to 69.7% for the same period last year.
Southwest Airlines reports December traffic Read More »
