Southwest Airlines reported its fourth quarter and full year 2007 results. Net income for fourth quarter 2007 was $111 million compared to $57 million for fourth quarter 2006. Excluding special items, fourth quarter 2007 net income was $87 million compared to $100 million in fourth quarter 2006. For the full year 2007 net income was […]
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In a joint announcement BAE Systems Regional Aircraft and Ansett Aircraft Spares & Services, as a first step to developing a long-term relationship, have signed an agreement under which Ansett will relocate its current operations and inventory at Heathrow to the BAE Systems facility at Weybridge, UK. Inventory includes spares for civil aircraft of all
Southwest Airlines will be the first US carrier to test satellite-delivered broadband Internet access on multiple aircraft. With this innovation, Southwest Customers with a wi-fi enabled device will have full access to the Internet including e-mail, music, shopping, and virtual private networks (VPN) via a high-speed connection. Southwest Airlines is partnering with Southern California-based Row
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Delta reported a pre-tax loss for the quarter of $105 million, an $80 million improvement compared to the prior year period excluding reorganization items. Delta’s net income for the year was $1.6 billion, or $418 million excluding reorganization related items. Delta reported a net loss of $70 million for the fourth quarter.
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Freight Feeder Aircraft Corporation reported that because of global market demand and the simplicity of the aircraft design, it has made the decision to upgrade the design of its Freight Feeder aircraft by slightly widening the cargo-bay to accommodate six (6) of the larger 96in x 125in
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Aviation Capital Group, one of the largest commercial jet leasing companies, said that it completed 48 aircraft lease and acquisition transactions in 2007. The company also announced orders valued at more than $5 billion at list prices during the year for 45 Airbus A320 family airplanes and 30 Boeing 737s and five Boeing 787s. The
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AerCap Holdings reported the completion of the following transactions during fourth quarter 2007: AerCap signed contracts for 21 aircraft and 13 engines in fourth quarter 2007. The 21 new lease agreements for aircraft signed in the fourth quarter for future delivery to the operator included: — Six new Airbus A320 for Aeroflot (Russia), — One
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ABX Air and All Nippon Airways have signed a new ACMI Agreement that extends their landmark relationship through mid-January 2010. Under the new agreement, ABX Air will continue to support ANA’s cargo operations throughout the Asian market, including Japan, China and Thailand, via two ABX Air 767-200 aircraft and ABX Air flight crews and maintenance
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Spanish carrier Air Europa announced an order for eight Boeing 787-8 Dreamliners valued at $1.3 billion at list prices. The order, placed by Air Europa in 2007, previously was accounted for on Boeing’s Orders & Deliveries Web site as an unidentified customer. Air Europa also acquired purchase rights for an additional eight 787s. Air Europa
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Bombardier Aerospace has selected Grob Aerospace to develop the all-composite structure of its new Learjet 85 aircraft, the next generation in Learjet excellence. Grob will also build the first three prototype aircraft for the program. In addition, the jet
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