Iberia reports January traffic
Iberia reported that traffic for January grew by 1.0% and capacity increased by 1.4%, leading to a load factor of 77.3%, similar to January 2006 (77.6%).
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Ryanair announces 26th base in Reus Barcelona
Ryanair announced its 26th European and fifth Spanish base in Reus Barcelona. From October, Ryanair will invest $140 million in 2 new aircraft and 12 routes that will deliver 1,000 jobs and over 1million passengers p.a. for Tarragona.
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Forward Air reports fourth quarter and fiscal 2007 results
Forward Air Corporation reported results for the fourth quarter and fiscal year ended December 31, 2007. Operating revenue for the quarter increased 22.8% to a record $114.5 million from $93.2 million for the same quarter in 2006. Income from operations was $20.0 million, compared with $18.9 million in the prior-year quarter, an increase of 5.9%.
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AerCap sign 2 year agreement with Waviatech
AerCap of the Netherlands, have signed a 2 year agreement with Waviatech, the UK-based provider of the Stream-Digital Aircraft Records tool. The agreement covers the scanning of the historical records for its fleet of aircraft that will be transitioning between leases with the data being presented in the Stream format.
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Lufthansa Technik supports DLR research aircraft
Lufthansa Technik will support the Airbus A320 research aircraft belonging to the German Aerospace Center (DLR) under a Total Technical Support TTS contract. The contract will initially run for a period of two years, with the option of a two-year renewal. The DLR uses the Airbus A320 for a wide variety of tasks in the
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TSS and Standard Aero Maryville win AS9100 and AS9110 certification
TSS Aviation, based in Cincinnati, and Standard Aero
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Continental Airlines to pay $158 million profit sharing to employees
Continental Airlines will distribute a record $158 million in profit sharing payments to its employees at more than 200 locations worldwide. This is the second consecutive year that the company will be sharing profits with employees. Last year, Continental paid $111 million in profit sharing for 2006.
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Sentient acquires Southwest Jet Aviation
Sentient Jet Holdings a leading full-service private aviation companie, announced the acquisition of Southwest Jet Aviation, based in Scottsdale, Arizona. The addition of Southwest Jet provides Sentient with an operating base in the large and rapidly growing Arizona market and strengthens the Company
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SkyWest Airlines and Atlantic Southeast Airlines report combined traffic
SkyWest reported a 3.4% increase in traffic for January, while capacity increased 5.1% compared to the same period last year. Load factor was down 1.2 percentage points to 71.0% compared to 72.2% for the same period last year.
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EADS reinforces ties with Republic of Kazakhstan
EADS, a world leader in aerospace, defence and related services, signed a Memorandum of Understanding with the Kazyna Sustainable Development Fund for astrategic partnership in the development of the aerospace industry and related services in Kazakhstan. This agreement with Kazyna envisages feasibility studies for the financing of aerospace projects. In addition EADS also signed a
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