25 January 2013

Hawker Beechcraft moves closer to Chapter 11 emergence

Financial, Top Stories / Leave a Comment

Hawker Beechcraft released that the key creditors, voting in the company’s solicitation process, have overwhelmingly approved its proposed Joint Plan of Reorganization (Plan). The company also announced that J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC have agreed to act as joint lead arrangers and joint bookrunners to structure, arrange and syndicate $600m […]

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Avcorp ceases litigation with Bombardier over Termination for Convenience

Other News / Leave a Comment

Avcorp Industries has ceased any and all litigation against Bombardier which was commenced in 2010 by the Company in the Superior Court of Quebec, in connection with the termination by Bombardier of production work relating to the CRJ700 aircraft program. The Company and Bombardier agreed that each will be responsible for their respective costs. Avcorp

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US Airways and Association of Flight Attendants reach tentative agreement

Other News / Leave a Comment

US Airways has reached a new tentative agreement on a collective bargaining agreement with the Association of Flight Attendants (AFA), which represents the airline’s 6,800 mainline flight attendants. Details of the agreement will be made available by AFA. If ratified, the tentative agreement would cover the airline’s 6,800 mainline flight attendants, who are based in

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Snecma selects Crane to supply Fuel Flow Transmitters on Snecma Silvercrest engines program

MRO & Production, Top Stories / Leave a Comment

Crane Aerospace & Electronics has been selected by Snecma to provide the Fuel Flow Transmitters for the Snecma Silvercrest engine program. Crane’s fuel flow transmitters measure fuel flow rate in mass, not volume, for exceptionally high accuracy. The Snecma Silvercrest engine is being developed for large and long-range business jets. Entry into service is planned

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ATSG deploys four more Freighters in support of DHL network

Aircraft & Engines, Top Stories / Leave a Comment

Air Transport Services Group, Inc. (NASDAQ:ATSG) announced today that its airline subsidiaries are deploying four additional freighter aircraft in January to support the U.S. portion of DHL’s international network. The additions include three Boeing 767-200 freighters operated by subsidiary ABX Air under terms of its continuing CMI agreement with DHL, and a Boeing 757-200 freighter

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