9 February 2010

Astronics Corporation reports full year 2009 revenue of $191.2 million

Astronics Corporation reported financial results for the fourth quarter and full year 2009. Results for the 2009 fourth quarter and year include DME Corporation, which was acquired by Astronics on January 30, 2009. Sales in the fourth quarter of 2009 were $45.6 million, up $1.2 million from the prior year period. Astronics’ organic business, excluding

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Wagner Aeronautical becomes a Boeing licensee

Wagner Aeronautica has entered an agreement to license Boeing engineering data to pursue a Supplemental Type Certificate for an MD-80 passenger-to-freighter conversion. Under this agreement Boeing will provide data to Wagner and will host program specific drawings on the MyBoeingFleet.com Web portal. Operators will also be able to utilize the Boeing field service network for

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United Airlines reports January 2010 operational performance

United Airlines reported its preliminary consolidated traffic results for January 2010. Consolidated traffic increased in January by 2.4% on a decrease of 2.0% in capacity compared with the same period in 2009. This resulted in a reported January 2010 consolidated passenger load factor of 78.5%, an increase of 3.4 points compared to 2009.

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BAE Systems places four more ATPs to achieve fully contracted fleet

BAE Systems Asset Management has achieved a fully contracted fleet position across its turboprop portfolio with the placement of its final four ATPs at the end of 2009. This followed the achievement of a fully contracted fleet across the Jetstream portfolios in 2008. Three of the ATPs have been acquired by European Turboprop Management AB

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Maiden flight of Boeing's new 747-8 aircraft with GEnx-engines

Four GEnx-2B engines powered the maiden flight for Boeing’s new 747-8 Freighter aircraft, which flew at Paine Field in Everett, Washington. “The first flight of the GEnx-powered Boeing 747-8 aircraft is the culmination of about five years of engine design, development and testing at GE,” said Tom Brisken, general manager of the GEnx program. “GE

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