Virgin America reported strong revenue performance with a 32% jump in revenue versus full year 2009. The airline reported revenues of $191 million for the fourth quarter of 2010 and $724 million for full year 2010
Virgin America releases fourth quarter and full year 2010 financial results Read More »
Southwest Airlines posted 1rst quarter 2011 net income of $5 million, compared to net income of $11 million for first quarter 2010. First quarter 2011 results included approximately $9 million in charges (net of profitsharing and taxes) primarily related to consulting fees in association with the Company
Southwest Airlines reports first quarter earnings Read More »
Lion Air, Indonesia’s largest private airline, took delivery of the carrier’s first Next-Generation 737-900ER with the new Boeing Sky Interior. Lion Air was the launch customer for the Boeing Next-Generation 737-900ER in 2005. This latest delivery is the airline’s 43rd 737-900ER. In all, the airline has ordered 178 Next-Generation 737s. Lion Air operates an all-Boeing
Lion Air receives first 737-900ER with new Boeing Sky Interior Read More »
Flight Director reported they have added ACT Airlines (Istanbul, Turkey) to their family of consignors. The agreement with ACT Airlines consists of 10 CF6-50 engines. In addition, FDI has received 2 more CFM56-3 consignments from CIT Aerospace (Ft. Lauderdale, FL), and a V2500A1 engine from Engine Lease Finance Corporation (Shannon, Ireland).
Flight Director announces new consignment agreements Read More »
United Continental Holding announced first-quarter 2011 financial results. UAL results for the first quarter include the financial results of its two operating subsidiaries, United Airlines and Continental Airlines. Prior to the merger on Oct. 1, 2010, UAL results included only the financial results of United Airlines. Pro forma results that consolidate the financial results for
UAL reports first quarter $136 million net loss excluding special charges Read More »
Rockwell Collins’ sales increased $81 million, or 7%, to $1.223 billion for its second quarter ended March 31, 2011 compared to sales of $1.142 billion for the same period a year ago. Total segment operating earnings increased 11% to $242 million, or 19.8% of sales, for the second quarter of 2011 compared to $219 million,
XOJET a leader in private aviation, released that Stephen Lambright has joined the company as Senior Vice President, Marketing and Business Development, leading the company
Stephen Lambright joins XOJET Read More »
Alaska Air Group reported first quarter 2011 net income of $74.2 million compared to net income of $5.3 million in the first quarter of 2010. Excluding mark-to-market fuel hedge gains of $82.0 million ($51.0 million after tax) and CRJ-700 fleet transition costs of $10.1 million ($6.3 million after tax), the company reported record first quarter
Alaska Air Group reports record first quarter results Read More »
Air New Zealand and Hamilton Sundstrand Corporation have agreed to establish repair capability for the APS3200 Auxiliary Power Unit (APU) in the Christchurch maintenance, repair and overhaul (MRO) facility in New Zealand under an authorized repair facility agreement with Hamilton Sundstrand. Last year, Air New Zealand selected the Hamilton Sundstrand Power Systems APS3200 APU for
Air New Zealand and Hamilton Sundstrand to establish repair capability for APS3200 Read More »
JetBlue Airways Corporation released its results for the first quarter 2011: operating income for the quarter was $45 million, resulting in a 4.4% operating margin, compared to operating income of $43 million and a 4.9% operating margin in the first quarter of 2010. JetBlue reported pre-tax income of $6 million in the first quarter, compared
JetBlue posts net income of $3 million for first quarter Read More »
