Turkish Airlines to participate in GE's material scrap reclamation program

Turkish Airlines is the first customer to participate in GE Aviation’s new material scrap reclamation program, aimed at recycling hardware containing the rare and costly element — rhenium. Under the program, customers will return their scrap high pressure turbine (HPT) blades made from nickel superalloys that contain rhenium to GE Aviation. The material will be […]

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Alitalia board of directors approves Air France KLM exchange offer

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Air France- KLM submitted a proposal to Alitalia on March 14th, aimed at combining Alitalia and the Air France-KLM Group and acquiring the control of the Italian company. Air France-KLM released that Alitalia board of directors approved unanimously its proposal on March 16th. Such proposal foresees a share exchange offer on Alitalia shares and a

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US Airways' employees share $49 million in profit sharing

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Profit sharing checks totaling $49 million will be distributed to US Airways employees, as the airline celebrates its second consecutive year of profitability since merging with America West in 2005. US Airways

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VRG implements Sabre Solution to optimize customer service

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VRG Linhas Aereas S.A. announced that VRG has implemented Sabre Airline Solutions. The SabreSonic suite is a comprehensive, modern solution that helps airlines attain their top priorities, delivering an advanced customer-focused and efficient solution. From powerful multi-channel sales to comprehensive reporting and analysis, the SabreSonic suite provides the operational flexibility VRG aspiries in today’s competitive

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Peter Fox appointed Chief Commercial Officer of ABX Holdings

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ABX Holdings reported new executive appointments that reflect the greater size, scale and opportunities available to its growing family of air cargo businesses. Peter Fox formerly president of Cargo Holdings International, which was acquired by ABX Holdings in December 2007, was appointed Chief Commercial Officer of ABX Holdings. Fox will develop new strategies and resources

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Alaska Air Group announces stock repurchase program

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Alaska Air Group released that its board of directors approved a stock repurchase program authorizing the company to purchase up to $50 million of its common stock. The new program follows the completion on Feb. 29, 2008, of a program to repurchase $100 million of the company’s outstanding stock. Under the program just completed, the

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Embraer releases fourth quarter and fiscal year 2007 results

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Embraer recorded fourth quarter 2007 net sales of $1,875.0 million and net sales for FY 2007 of $5,245.2 million. Net Income for 4Q07 and for the full year totaled $200.9 million and $489.3 million. Net revenues for 4Q07 totaled $1,875.0 million, a 77.0% increase compared to $1,059.6 million for the fourth quarter of 2006 (4Q06).

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Spirit AeroSystems to design and manufacture nacelle systems for RR BR725

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Spirit Aero Systems has been selected to design and build the nacelle, thrust reverser and engine build up components for the Rolls-Royce BR725 engine; a contract worth in excess of $600 million. Spirit will also support the aforementioned products in the Rolls-Royce Corporate Care Program throughout the life of the airplane. The BR725 is the

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Babcock & Brown Aircraft Management delivers Boeing 737-800 to Transavia

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Babcock & Brown Aircraft Management reported the delivery of a new Boeing 737-800 aircraft to Transavia France on March 4, 2008, at Boeing Field in Seattle, Washington. The aircraft is the third of five new Boeing 737-800 aircraft that BBAM and its partner, Nomura Babcock & Brown Co., Ltd., have agreed to lease to Transavia

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US Airways chooses Trent 700 engines for up to 30 A330-200

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US Airways has chosen Trent 700 engines to power up to 30 Airbus A330-200 twinjets. The value of the new business is approximately $2 billion and includes two long-term TotalCare services agreements for the Trent 700 and RB211 engine fleets. The A330 order comprises engines for 15 firm and up to 15 additional aircraft. This

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Turkish Airlines to participate in GE's material scrap reclamation program

Alitalia board of directors approves Air France KLM exchange offer

US Airways' employees share $49 million in profit sharing

VRG implements Sabre Solution to optimize customer service

Peter Fox appointed Chief Commercial Officer of ABX Holdings

Alaska Air Group announces stock repurchase program

Embraer releases fourth quarter and fiscal year 2007 results

Spirit AeroSystems to design and manufacture nacelle systems for RR BR725

Babcock & Brown Aircraft Management delivers Boeing 737-800 to Transavia

US Airways chooses Trent 700 engines for up to 30 A330-200

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