26 January 2011

Boeing reports fourth-quarter 2010 results and 2011 guidance

Boeing reported fourth-quarter net income of $1.2 billion, a decline of 8% compared to 2009, on revenue of $16.6 billion, down 8% compared to the previous year. The results reflect solid performance across the company’s core programs, a favorable tax settlement (+$0.50 per share), and a special one-time contribution to Boeing’s charitable trust (-$0.05 per

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Thomas Cook signs up with Monarch for line maintenance

Independent aircraft maintenance provider, Monarch Aircraft Engineering (MAEL) signed a line maintenance technical handling agreement with Thomas Cook Airlines UK. The agreement will see Monarchs engineering team provide support to Thomas Cooks fleet of Boeing 757 and 767 aircraft as well as their Airbus A320, A321 and A330 aircraft at MAELs line stations in Alicante

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IFE Services and AirMedia Group of China form strategic alliance

IFE Services, one of the leading in-flight entertainment (IFE) providers, announced the formation of a strategic alliance with AirMedia Group of China. AirMedia has distribution rights to a wide and diverse range of Chinese entertainment content including movies and TV programmes. The company also operates the largest digital media network in China dedicated to air

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COMAC selects Hamilton Sundstrand to provide emergency power system

Commercial Aircraft Corporation of China (COMAC) has selected Hamilton Sundstrand to provide the Ram Air Turbine emergency system for the COMAC C919 narrow-body commercial aircraft. In addition to the 30 kVA electric Ram Air Turbine, the emergency system includes a generator control unit, auto deploy control unit, actuator, stow panel and generator line contactor. In

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