8 August 2012

US Airways and Association Of Flight Attendants reach tentative agreement

US Airways has reached a tentative agreement on a collective bargaining agreement with the Association of Flight Attendants (AFA). The tentative agreement would cover the airline’s 6,800 mainline flight attendants, who are based in US Airways’ three hub cities of Phoenix, Philadelphia and Charlotte, N.C., and in its Washington, D.C. focus city.

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GECAS and Emirates sign purchase and leaseback transaction

GE Capital Aviation Services (GECAS), signed a purchase and leaseback transaction with Emirates airline for three new Boeing 777-300ER aircraft and seven spare engines. The first aircraft from the airline’s existing order book with Boeing was delivered on May 30. The other aircraft are scheduled for delivery later in 2012. The leaseback of seven spare

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AMR Corporation reports July 2012 traffic results

AMR Corporation reported July 2012 consolidated traffic results for its principal subsidiary, American Airlines, Inc., and its wholly owned subsidiary, AMR Eagle Holding Corporation. Consolidated capacity and traffic were both lower by 2.2% year-over-year, resulting in a July consolidated load factor of 87.0% which is comparable to the same period last year.

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DVB Group posts improved first half 2012 results

DVB increased its consolidated net income before taxes (and excluding net result from financial instruments in accordance with IAS 39) by 36.6%, to €91.1m (H1 2011: €66.7m). At €183.9m, total income for the first six months of 2012 (comprising net interest income after allowance for credit losses, net fee and commission income, results from investments

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LMI Aerospace acquires TASS

LMI Aerospace Inc., a leading provider of design engineering services and supplier of structural assemblies, kits and components to the aerospace, defense and technology markets, announced that it has acquired TASS Inc., a premier after-market engineering and support services firm. Headquartered in Kirkland, Washington, TASS delivers high-end engineering solutions to aircraft manufacturer, airlines, Maintenance, Repair

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Royal Saudi Air Force becomes largest international operator of F110 engines

The Royal Saudi Air Force (RSAF) has ordered 193 F110-GE-129E engines to power 84 new twin-engine Boeing F-15SA aircraft. With the order the RSAF becomes the largest operator of F110 engines other than the U.S. government. This follows earlier RSAF orders for 156 engines to power 71 re-engined F-15S aircraft. The agreement calls for deliveries

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