13 March 2015

Air Seychelles posts third consecutive year of net profitability

Air Seychelles, the national carrier of the Republic of Seychelles, reported a third consecutive year of profitability after recording a net profit of US$3.2m for 2014. The result exceeds last year’s profit of US$3m and reflects continued improvement in the airline’s key performance indicators, following Etihad Airways’ acquisition of a 40% share in 2012 and

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Precision Castparts reports retirement of Executive Vice President Kenneth Buck

Precision Castparts announced the planned retirement of Executive Vice President and President of Forged Products Kenneth Buck, during the first quarter of fiscal 2016. The operational responsibilities held by Mr. Buck will be divided between two executives. Andrew Masterman, President of Airframe Products, will assume responsibility for Wyman-Gordon, and Jim Pieron, President of PCC TIMET,

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American Airlines appoints new key individuals for Customer Service Team

American Airlines announced the promotion of key individuals as the airline invests in leadership resources for its Customer Service team. Cedric Rockamore has been promoted to Vice President and will oversee operations at American’s hub in Philadelphia (PHL). He joined the airline in 2010 as Director of Ramp Services for PHL and was promoted to

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Beijing General Aviation establishes footprint at Changzhou Konggang Industrial Park

China’s Changzhou National High-tech Industrial Development Zone recently inked a framework cooperation agreement with Beijing General Aviation Co. (BGAC), under which BGAC will invest more than 5bn yuan (approx. US$820m) over a five-year period in a move to establish the sole general aviation manufacturing and operation service hub in Jiangsu province of eastern China. Previously,

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BOC Aviation announces orders for V2500 engines to power A320 aircraft

BOC Aviation announce the signing of a new agreement for firm orders of V2500 engines to power 12 new A320 family aircraft, part of its existing order with Airbus. The V2500 engine is offered through IAE International Aero Engines, an aero engine consortium led by Pratt & Whitney in collaboration with Pratt & Whitney Aero

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