Southwest Airlines reported its fourth quarter and full year 2010 results. Net income for fourth quarter 2010 was $131 million compared to $116 million for fourth quarter 2009. For the full year 2010, net income was $459 million compared to $99 million for full year 2009.
Southwest Airlines reports fourth quarter profit Read More »
As part of a transition announced last year, Boeing confirmed it will deliver 13 C-17 Globemaster III airlifters in 2011 as the company moves to a new production rate of 10 C-17s per year. Boeing will reduce the production program’s work force by approximately 1,100 jobs through the end of 2012. The company delivered 14
Boeing C-17 program enters 2nd phase of production rate and work force reductions Read More »
Airbus has increased the average list price of its aircraft by 4.4%. The increment applies for all new aircraft from the beginning of January 2011, apart from the A380, for which the increase is 8.4%. The 4.4% increment has been calculated according to the Airbus standard escalation formula over the January 2010 to January 2011
Airbus increases aircraft list prices by 4.4% Read More »
Avio, the international Italian based aerospace group and a leader in aerospace propulsion, AVIC Dongan and AVICOPTER (controlled by the AVIC Group), signed an agreement to set up a joint venture for development and production of aeronautical power transmissions, destined for the Chinese civil market. Avio will have the 50% of the capital of the
AVIO signs JV agreement with AVIC Dongan and AVICOPTER Read More »
Embraer and the Brazilian Air Force
Embraer will overhaul 43 AMX fighters for the FAB Read More »
Rolls-Royce has won long term maintenance support business worth $250 million from Cathay Pacific. The Group will provide TotalCare long-term services support for Trent 700 engines that power eight new Airbus A330 aircraft. An enhanced engine refurbishment programme for RB211-524 engines that power existing Boeing 747-400 aircraft will also be delivered up to 2013. Cathay
Rolls-Royce wins $250 million long term Trent 700 maintenance support business Read More »
