airberlin is currently partly owned by Etihad Airways, the second-largest airline in the UAE, who hold a 29.2% stake in the German carrier. Etihad’s investment in the airline allowed them to create a beneficial codesharing agreement for a number of flights which cover Europe, the USA and the UAE. However the new codeshare agreement had […]
Etihad wins injunction to continue airberlin codeshare flights Read More »
United has reached an agreement with the International Brotherhood of Teamsters (IBT) to put a proposed joint collective bargaining agreement out for ratification. The proposed agreement will bring together the airline’s more than 8,600 technicians and related employees under a single contract. United and the union worked with the assistance of the National Mediation Board
United and International Brotherhood of Teamsters reach agreement Read More »
American Airlines Group’s third quarter 2015 net profit, excluding net special charges, was a record US$1.9bn, versus a third quarter 2014 net profit excluding net special charges of US$1.2bn. This is the highest quarterly profit in the Company’s history. The Company’s third quarter 2015 pretax margin excluding net special charges was 17.7%, up 6.7 percentage
American Airlines Group reports highest ever quarterly profit Read More »
Norwegian reported its third quarter results for 2015 with a pre-tax result (EBT) of NOK1.1bn (£87m), a strong improvement from the same quarter previous year. The company’s long-haul operations and international routes have a positive impact on the results. The load factor is at a record high of 91%. The pre-tax result was NOK1.1bn, a
Norwegian reports strong improvement in earnings Read More »
MTU Aero Engines will have a stake in the LM6000-PF+ (PF+), the latest version of General Electric’s (GE) LM6000 aeroderivative gas turbine series. Germany’s leading engine manufacturer has taken a 13% work share as a risk- and revenue-sharing partner in the development and production of this industrial gas turbine, which is derived from the CF6
MTU Aero Engines takes stake in GE’s enhanced LM6000-PF+ aeroderivative gas turbine Read More »
HAECO Americas reported the promotions of Mark Peterman to President of HAECO Cabin Solutions and of Jose Pevida to Senior Vice President of Engineering for HAECO Cabin Solutions. David Kelly has also been hired as the company’s new Vice President of Marketing and Strategy.
HAECO Americas announces corporate leadership changes Read More »
The U.S. Navy accepted the first MH-60R helicopter slated for Denmark from Lockheed Martin in a ceremony today at the Lockheed Martin facility in Owego, New York. Manufactured by Sikorsky Aircraft and provided with advanced mission systems and sensors by Lockheed Martin, the MH-60R is operational and deployed as the primary U.S. Navy anti-submarine and
Lockheed Martin delivers first Danish MH-60R Helicopter to the U.S. Navy Read More »
