22 March 2013

LATAM Airlines group report consolidated net income of US$8.5m in fourth quarter 2012

LATAM Airlines Group reported net income of US$ 8.5m for fourth quarter 2012, excluding US$21.9m of transaction-related expenses resulting from the business combination between LAN and TAM S.A. (“TAM”) as well as US$52.7m in aircraft sale and redelivery costs. Excluding these special items, operating income reached US$ 119.3m in fourth quarter 2012, resulting in a […]

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Spirit AeroSystems names Larry A. Lawson new President and CEO

Spirit AeroSystems released that its board of directors has named Larry A. Lawson, president and chief executive officer, effective April 6, 2013. Mr. Lawson, formerly executive vice president of Lockheed Martin Aeronautics business segment, succeeds Jeff Turner who has been Spirit’s CEO since the company’s formation in 2005. Mr. Turner is expected to remain on

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Satair takes over worldwide distribution of Airbus' drain mast system

From April 15th, Satair will add all Airbus’ drain mast products to its world leading portfolio covering North and South America and the Middle East. Satair is already in charge of distribution and repair of the product line in Europe, Asia Pacific and China. The function of the drain mast system is to remove waste

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