Communications reported financial results for the period ended December 31, 2009. Net loss for the fourth quarter was $4.7 million compared with net income of $1.5 million for the fourth quarter of 2008, in part reflecting $17.0 million of expenses related to purchase price accounting adjustments, net of tax, relating to the GHL Acquisition Corp. […]
Iridium reports fourth quarter and full year 2009 results Read More »
AWAS has delivered its fifth Airbus A330-300 aircraft to Singapore Airlines. This aircraft will join the fleet of A330-300s which Singapore Airlines will operate on selected routes serving the Middle East, West Asia and North Asia. From March this year, these routes will include services to Abu Dhabi, Jeddah and Kuwait, as well as Male.
AWAS delivers fifth A330-300 aircraft to Singapore Airlines Read More »
WestJet reported the resignation of President and CEO Sean Durfy effective April 1, 2010. Mr. Durfy will also resign from the board of directors at that time. Mr. Durfy has cited personal reasons for his departure.
Sean Durfy announces resignation from WestJet Read More »
Air Berlin has agreed with Boeing to streamline its order book to account for a change in market conditions and in order to meet Air Berlin
Air Berlin to streamline Boeing order book Read More »
JetBlue Airways reported its preliminary traffic results for February 2010. Traffic in February increased 2.7% from February 2009, on a capacity increase of 2.7%. Load factor for February 2010 was 74.5%, the same as February 2009.
JetBlue Airways reports February traffic Read More »
SAS released that the Court of Appeal (Lagmansretten) Oslo ruled on 16 March 2010 that SAS Group shall pay damages totaling NOK 160 Million plus legal costs. In total, the amount adds up to just under NOK 175 million (approx 22 million EUR). For SAS, this will have a negative effect on results and liquidity
SAS ordered to pay Norwegian close to NOK 175 million for industrial espionage Read More »
A second Boeing 747-8 Freighter, RC 522, successfully completed its first flight on March 14th. The airplane took off from Paine Field in Everett, Wash., for a two-and-a-half-hour flight and landed at Boeing Field in Seattle. The airplane reached an altitude of 27,000 feet (8,230 m) and an airspeed of 240 knots, or about 276
Second Boeing 747-8 Freighter completes first flight Read More »
