AMR Corporation, the parent company of American Airlines, reported a net loss of $162 million for the third quarter of 2011, compared to a net profit of $143 million for the same period of 2010. These results reflect the adverse impact of quarter-end volatility in WTI crude oil prices and foreign exchange rates. WTI prices decreased, […]
AMR Corporation reports third quarter net loss of $162 million Read More »
MRO and commercial aircraft paint facility Jet Midwest Technik has recently entered into an agreement with SkyWest Airlines to perform “Premium” aircraft paint services for the airline’s CRJ-200 fleet currently operated on behalf of United Express. Jet Midwest Technik is currently painting two continuous lines of aircraft at their 1,200,000 sq. ft MRO facility at
Jet Midwest Technik scores paint contract with Skywest Airlines Read More »
AWAS has taken delivery of the company’s 50th Boeing 737, a 737-800 fitted with the Sky Interior which the company then delivered on lease to customer Garuda Indonesia.
AWAS takes delivery of 50th Boeing 737 Read More »
Atlas Air Worldwide Holdings has completed a new, five-year collective bargaining agreement with pilots and flight engineers of Atlas Air and Polar Air Cargo Worldwide. The agreement, which is effective from September 2011, completes the merger of the Atlas and Polar crew forces into a single collective bargaining unit with an integrated seniority list.
Atlas Air and Polar Air Cargo finalize new labor agreement with pilots Read More »
JetBlue Airways reported the resignation of Ed Barnes, Chief Financial Officer. Mr. Barnes joined JetBlue in 2006 as Vice President, Cost Management and Financial Analysis, and was promoted to CFO in 2008. Mark Powers, Treasurer, will serve the company as CFO effective immediately for an interim period as the company conducts a search for a
CFO of JetBlue Airways resigns Read More »
LAN Airlines has performed its 1.500th Cyclean engine wash. LAN Airlines is using Lufthansa Technik’s Cyclean engine water wash equipment since June 2010 and has currently leased 4 units which are based in Santiago de Chile, Lima and Miami. This coverage enables LAN to perform cleanings of its whole engine portfolio, including the CF6-80C2, PW4000, PW6000,
LAN Airlines performs 1500th Cyclean engine wash Read More »
Turbomeca do Brasil (Safran group) and Lider Táxi Aéreo signed a SBH (Support By the Hour) contract covering the 52 Arriel 2 Turbomeca engines operated by the Brazilian customer and flying more than 50,000 hours per year for offshore operations. The current Lider’s fleet powered by Turbomeca and supported by the SBH contract includes 24
Lider Táxi Aéreo and Turbomeca do Brasil sign a SBH contract for 52 engines Read More »
Air New Zealand and European regional aircraft manufacturer ATR announced the order of 7 firm new generation ATR 72-600s, plus options for 5 additional aircraft. The deal, subject to contract signing, is at list prices valued at more than $270 million, including options. The first of the 68 seat ATR72-600 aircraft will be delivered to Air
Air New Zealand orders up to 12 ATR 72-600s Read More »
Wizz Air reported the closing of a sale and lease back transaction with Avolon, the international aircraft leasing group, for three new Airbus A320 aircraft to be delivered in the first half of 2012. This is the first sale and lease back transaction between Wizz Air and Avolon under the terms of which Avolon will
Wizz Air and Avolon close sale and lease back transaction Read More »
Boeing began building the first Next-Generation 737 at the program’s new production rate of 35 airplanes a month. The rate is increasing from 31.5 airplanes a month to meet worldwide market demand for the best-selling single-aisle airplane. Employees loaded chords and webs manufactured by the Boeing Fabrication division into the company’s newest automated spar assembly tool,
Boeing 737 program begins production at higher rate Read More »
