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27 April 2011
Boeing reports first-quarter results
The Boeing Company reported first-quarter net income of $0.6 billion on revenue of $14.9 billion. Operating margin of 6.7% reflects strong core performance across the company’s businesses on expected lower volumes and higher pension expense. The year-ago quarter included a $0.20 per share tax charge on health care legislation. Total company backlog at quarter-end was
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New appointments for Airline Services and Airline Services Components
Airline Services (ASL) announced the appointment of a new Regional Sales Manager. Geoff Cowper will join the company
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Russian Helicopters to install Turbomeca Ardiden 3G engines on updated Ka-62
Russian Helicopters, JSC and French Turbomeca (Safran group), have signed contracts for the supply of at least 308 Turbomeca Ardiden 3G turbo shaft engines to be installed on the updated Ka-62 helicopter. This announcement follows the
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Continental Airlines takes delivery of Boeing 737-900ER
Boeing delivered the first Next-Generation 737-900ER (extended range) with the Boeing Sky Interior to United Continental Holdings, subsidiary Continental Airlines. The carrier is the first U.S. airline to operate the 737-800 and 737-900ER featuring the all-new interior. Boeing also announced that Continental converted existing 2012 orders for Next-Generation 737s to 737-900ERs and will now be
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GAMECO to open ChongQing base
Guangzhou Aircraft Maintenance & Engineering Company (GAMECO), reported the opening of their ChongQing maintenance base. CAAC Southwest Branch awarded GAMECO
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LAN Airlines reports net income of $97.2 million for first quarter 2011
LAN reported a net income of $97.2 million for first quarter 2011, an increase of 10.1% compared to the $88.3 million reported in first quarter 2010. This result is despite the consolidation of $11 million losses generated in the Colombian operations of AIRES, and also reflects LAN
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Volvo Aero reports lower profitability during first quarter
Volvo Aero released that sales during the first quarter decreased by 14% to SEK 1,640 million compared to SEK 1,910 million in the prior year. Adjusted for currency fluctuations and the divestment of Volvo Aero Services, sales during the first quarter increased by 12%. Operating income decreased to SEK 28 million (prior year 152 million)
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Second Boeing 747-8 Intercontinental begins flight test
The second Boeing 747-8 Intercontinental, RC021, successfully made its first flight on April 26th. The airplane completes the two-airplane test fleet for the 747-8 Intercontinental. RC021 will be used primarily for testing the various interior systems that will be on the Intercontinental, such as heating, venting and air conditioning, smoke detection and galleys. In addition,
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