16 March 2010

SAS ordered to pay Norwegian close to NOK 175 million for industrial espionage

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 »

AWAS delivers fifth A330-300 aircraft to Singapore Airlines

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 »

Iridium reports fourth quarter and full year 2009 results

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 »

Scroll to Top
AviTrader

FREE
VIEW