Kingfisher Airlines reported a 4.44bn rupees loss in the third quarter that ended in December 2011, compared to a loss of 2.54bn rupees the previous year. Kingfisher lost 11.8bn rupees in the first nine months of the current fiscal year that ends in March 2012, a 35% rise from the previous year. Revenue in the third quarter fell 15.2% […]
Kingfisher Airlines' 3rd quarter loss widens Read More »
The Qantas Group reported net profit of A$42m ($45m) for the six months ended December 2011, down from A$241m during the same period in 2010. The company said that last years strikes cost it A$194m, while fuel costs surged 26% to A$2.2bn during the period.
Qantas' half year profit down 83% Read More »
AMR Corporation, the parent company of American Airlines, recorded consolidated net loss of $1.1bn for the fourth quarter of 2011 compared to a consolidated net loss of $97m in the fourth quarter of 2010. AMR recorded fourth quarter 2011 consolidated revenues of approximately $6.0bn, an increase of 7.4% year-over-year. For fiscal 2011, AMR recorded a
AMR Corporation posts fourth quarter net loss of $1.1bn Read More »
The Alaska Air Group board of directors and Bill Ayer, chairman and chief executive officer, announced that Ayer will retire as CEO of Air Group and its subsidiary carriers, Alaska Airlines and Horizon Air, effective at the company’s annual shareholder meeting on May 15th. Brad Tilden, a 21-year veteran at Air Group, will succeed Ayer
Bill Ayer retiring as CEO of Alaska Air Group Read More »
SkyWest, Inc. reported operating revenues of $899.9m for the quarter ended December 31, 2011, compared to $796.3m for the same period last year. Â SkyWest also reported a net loss of $18.0m for the quarter ended December 31, 2011, compared to $37.2m of net for the same period last year.
SkyWest reports fourth quarter net loss of $18.0m Read More »
Spirit Airlines reported fourth quarter 2011 and full year 2011 financial results. Net income for the fourth quarter 2011 was $24.0m compared to $9.6m in 2010. Full year pro forma adjusted net income was $95.5m, full year 2011 GAAP net income was $76.4m. EBITDAR for the fourth quarter 2011 was $70.7m, resulting in an EBITDAR
Spirit Airlines announces fourth quarter and full year results Read More »
South Korean low-cost carrier JEJU AIR has selected Honeywell Aerospace to provide a full suite of avionics for its new fleet of Boeing 737-800 NG passenger aircraft. This multimillion-dollar contract covers six aircraft that are expected to be delivered between 2013 and 2017. JEJU AIR will be the first LCC in North Asia to fly
JEJU AIR chooses Honeywell's Advanced Avionics Technology Read More »
Comtek Advanced Structures (Comtek), a subsidiary of Avcorp Industries, has been awarded a contract by Bombardier Aerospace under which Comtek will design, manufacture and support the floor panels for the Learjet 85 business jet. Comtek currently supplies the floor panels for Bombardier’s Q400 turboprop and CRJ700, CRJ900 and CRJ1000 regional jets and has done so since the
Bombardier awards Learjet 85 contract to Comtek Advanced Structures Read More »
Honeywell Aerospace has been awarded a contract to provide its auxiliary power units (APUs) and a three-year maintenance program for Eastar Jet’s growing fleet of Boeing 737-800 NG aircraft. This agreement provides Eastar Jet with a reliable, high-performance APU solution with easy maintainability and lower cost of ownership. In addition to Honeywell’s standard APU product
Honeywell equips Eastar Jet with Auxiliary Power Units Read More »
JetCorp Technical Services, a subsidiary of Canadian-based Flying Colours Corp., has increased the breadth of its connectivity offering following the completion of a Supplemental Type Certificate for the Aircell Cabin Telecommunications Router (CTR) on a Learjet 60.  Installation and certification of the Aircell CTR provides in-cabin Wi-Fi capability for Aircell’s continental America focused Gogo Biz
JetCorp continues to keep customers connected with addition of Learjet 60 WiFi STC Read More »
