21 January 2010

Piper Aircraft unveils the PiperSport

Piper Aircraft announced details and unveiled its all-new PiperSport on January 21st, underscoring its foray into the Light Sport Aviation segment with a world-class aircraft that speaks to Piper’s heritage in bringing seminal, entry-level airplanes to market while offering features and performance normally found in more expensive, high-end aircraft. The PiperSport, manufactured under a licensing

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Delta Air Lines acquires Segrave Aviation

Delta AirElite has acquired Kinston, N.C.-based Segrave Aviation. The all-cash transaction will double the size of the Delta AirElite fleet and improve Web-based booking and the travel experience for fleet membership card and charter customers. Delta is the only U.S.-based carrier with commercial and private jet service, enabling customers the ability to design their travel

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Continental reports fourth quarter net income of $85 million

For the fourth quarter of 2009 Continental reported a net income of $85 million. Excluding $77 million of previously announced special charges, and a $158 million non-cash income tax benefit, Continental recorded a fourth quarter net income of $4 million. Continental Airlines announced a 2009 full-year net loss of $282 million. Excluding $145 million of

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