31 October 2011

SIA Engineering Group posts profit of $139.3 million for 1st half 2011-12

SIAEC Group recorded a profit attributable to owners of the parent of $139.3 million for the first half ended 30 September 2011, an increase of $2.0 million or 1.5% compared to the corresponding period last year. This included a write-back of tax provision of $3.1 million. Share of profits from associated and joint venture companies …

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LAN and TAM define new corporate structure

LAN and TAM have started the technical and preliminary processes for their integration into LATAM Airlines Group (LATAM). In this context, LAN and TAM have defined the new corporate structure which will be implemented once the merger is completed, as expected, within the first quarter 2012: Mauricio Rolim Amaro, current Vice-Chairman of TAM’s Board of Directors, …

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General Dynamics appoints new Senior VP, Asia-Pacific Region

General Dynamics released that Leda M. L. Chong will become senior vice president, Asia-Pacific Region, of the company’s Aerospace group on November 1, with an initial focus on the People’s Republic of China.  Chong will report to Joseph T. Lombardo, executive vice president of the General Dynamics Aerospace Group, which comprises Gulfstream Aerospace Corporation and …

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Air China, Boeing and industry partners conduct first Chinese sustainable biofuel flight

Air China, Boeing and Chinese and U.S. aviation energy partners conducted China’s first sustainable biofuel flight. The two-hour mainland flight from Beijing Capital International Airport was witnessed by officials from both countries and highlights the viability of using sustainable aviation biofuel sourced in China.   PetroChina, working with Honeywell’s UOP, sourced and refined the China-grown, jatropha-based biofuel …

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Titan Airways introduces two additional Boeing 757s to fleet

Titan Airways, the London Stansted-based VIP charter specialist, is bolstering its fleet with the introduction of two additional Boeing 757s, taking the total number of 757s in the fleet to three.  Scheduled for delivery in spring 2012, the 757s will be painted in Titan Airways distinctive livery and the interiors finished to Titan’s high standard.  It …

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