Helmut Himmelreich is taking over as the new Chief Operating Officer (COO) of Air Berlin PLC. Since March 2010 he has been airberlin’s Chief Maintenance Officer. That post will now be filled by his deputy, Marco Ciomperlik, who has already been a member of the Management Board at airberlin technik for some years. Christoph Debus, […]
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Singapore Airlines has signed a new Flight Hour Services (FHS) Tailored Support Package contract with Airbus to integrate and provide full component support, line and base airframe maintenance, as well as fleet technical management services for its 15 additional A330 aircraft ordered in September this year. Under this long-term agreement, the airline will benefit from
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Lockheed Martin Corporation announced the acquisition of Sim-Industries B.V., a commercial aviation simulation company located in the Netherlands. The acquisition is a demonstration of the Corporation’s strategy to expand into closely related markets that build on core capabilities and expand their customer base. The terms of the agreement were not disclosed. Sim-Industries develops and manufactures full-motion and
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Delta Air Lines’ system load factor for October was 82.8%, 0.6 points lower than the prior year on a 3.1% decrease in capacity. System traffic decreased 3.8% percent year over year.
Delta Air Lines reports October traffic Read More »
Section Seven Software, a leading provider of electronic government contract bidding systems, has integrated it’s software with Pentagon 2000SQL in order to combine leading functionality for government sector bidding with the secure and robust back-end ERP software infrastructure required for enterprise-class computing. Lee Levinstein, CEO of Section Seven Software, said that “combining the business functionality
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Boeing announced that the 737 MAX program has selected a 68-inch fan diameter for the optimized engine design that will provide the lowest fuel burn and operating costs in the single-aisle market. The 737 MAX continues to receive overwhelming acceptance from customers with more than 600 order commitments received to date from eight airlines, up from 496
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Alaska reported a 6.0% increase in traffic on a 5.1% increase in capacity compared to October 2010. This resulted in a 0.8-point increase in load factor to an October record 82.6%. Horizon reported a 16.3% decline in traffic on a 19.5% decline in capacity compared to October 2010. This resulted in a 2.9-point increase in
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US Airways Group’s mainline traffic for the month was down 1.5% versus October 2010, while mainline capacity was down 1.7% versus October 2010. Mainline passenger load factor was a record 83.7% for the month of October, up 0.1 points versus October 2010.
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Spirit AeroSystems Holdings reported third quarter 2011 financial results reflecting solid core operating performance and strong demand for large commercial aircraft. Revenues were $1.130bn, up from $1.002bn for the same period of 2010 as the company benefited from higher production deliveries during the quarter. Operating income was $121m, compared to $82m for the same period in 2010, primarily
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Astronics Corporation released financial results for the three and nine months ended October 1, 2011. Sales in the third quarter of 2011 were $56.4m, up $6.5m, or 13.0%, from the prior year third quarter. Aerospace sales, which represented approximately 95% of total third quarter sales, increased 16.3% over the prior year period to $53.5m. Sales
Astronics Corporation's net income improves 43% Read More »
