US Airways Group reported its fourth quarter and 2007 results. Net loss for the fourth quarter was $79 million, compared to a net profit of $12 million for the same period last year. Excluding net special items of $37 million, the Company reported a net loss of $42 million for its fourth quarter 2007. For […]
US Airways reports annual profit of $427 million Read More »
Alaska Air Group reported full year net income of $125.0 million compared to a net loss of $52.6 million in 2006. The company reported fourth quarter net income of $7.4 million compared to a net loss of $11.6 million in 2006.
Alaska Air Group reports full year net income of $125 million Read More »
Northrop Grumman Corporation reported fourth quarter 2007 income from continuing operations of $457 million unchanged from $457 million in the fourth quarter of 2006. Fourth quarter 2006 income from continuing operations included a pre-tax gain of $111 million on the sale of approximately 9.7 million shares of TRW Automotive common stock. For 2007, income from
Northrop Grumman reports fourth quarter 2007 income of $457 million Read More »
GATX Corporation reported 2007 fourth quarter and full-year results. In the 2007 fourth quarter, income from continuing operations was $41.4 million compared to $28.7 million in the fourth quarter of 2006. Income from continuing operations for the full-year 2007 was $185.8 million compared to $151.4 million per diluted share in the prior year.
GATX Corporation reports 2007 fourth quarter and full-year results Read More »
Airbus has appointed Willis Group Holdings as the insurance broker for a new Airbus A320 final assembly line in Tianjin, China
Airbus takes off in China with Willis Read More »
Hans Peter Ring, CFO of EADS, was assuming the additional role of CFO of Airbus since the 31 october 2006. This combined responsibility was brought about when it became apparent, in the context of the announcement of A380 delays, that integration between Airbus and EADS, its mother company, needed drastic improvement. As he announced last
Hans Peter Ring hands over Airbus CFO responsibility to Harald Wilhelm Read More »
Goodrich released that its Electronic Flight Bag (EFB) system has received Supplemental Type Certification (STC) from Transport Canada for the Bombardier Global Express family of aircraft. This includes the Global Express, the Global XRS and the Global 5000. The certification process was conducted by Business Jet Aircraft Completions (BJAC), based in Dorval, Quebec, Canada. Goodrich
Goodrich EFB receives STC certification for Bombardier Global Express Read More »
AAR reported that Donald J. Wetekam has been named Group Vice President of the Company’s Maintenance, Repair and Overhaul (MRO) segment. Wetekam previously served as President and General Manager of AAR’s Aircraft maintenance facility in Oklahoma City. As Group Vice President, Wetekam will oversee all of AAR’s MRO activities and be responsible for growing the
AAR names D.J. Wetekam new Group VP of MRO segment Read More »
Iberia has signed new exclusive contracts with Italian carriers Eurofly and Meridiana to maintain their CFM-56-5B engines at the Iberia Maintenance facilities in Madrid. The five-year contracts call for the maintenance of 20 CFM-56-5B engines, as well as their components, used to power eight Airbus A-320s and two Airbus A-319s. Meridiana was founded in 1963
Iberia wins new contracts to maintain another 20 engines Read More »
