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TAM renews IOSA certificate

TAM Linhas Aereas has had its IOSA certificate (IATA Operational Safety Audit) renewed until January 2010. The certificate is the most thorough and widely accepted international verification of civil aviation operational safety. The IOSA registration revalidation, valid for the next two years, was granted to TAM after the conclusion of the auditing process by independents

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GE reports record fourth-quarter and full-year results for 2007

GE reported fourth-quarter 2007 earnings from continuing operations of $6.8 billion up 15% and 17%, respectively, from fourth-quarter 2006. Fourth-quarter revenues from continuing operations were $48.6 billion, up 18%, increasing 10% organically. Full-year 2007 earnings from continuing operations were $22.5 billion up 16% and 18%, respectively, from 2006. Full-year 2007 revenues from continuing operations were

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Snecma Propulsion Solide creates aeronautics and composites division

Snecma Propulsion Solide has made a firm commitment to expanding the use of its composite materials to the aviation sector. Reflecting this new strategic direction, on January 1st the company created an Aeronautics and Composites division, headed by Olivier Le Merrer and reporting to the Chairman and CEO. Snecma Propulsion Solide intends to leverage its

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Lockheed Martin Receives $1.4 billion contract for 17 C-130J Super Hercules aircraft

Lockheed Martin has signed a contract with the Government of Canada valued at $1.4 billion for the purchase of 17 C-130J Super Hercules airlifters and related equipment and services. The Canadian Forces’ new Super Hercules will be the longer fuselage or “stretched” variant of the C-130J, similar to those being delivered to the U.S. Air

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Spirit AeroSystems assessing impact of 787 schedule shift

Spirit AeroSystems will continue to work with Boeing to assess the 787 program schedule. Spirit President and CEO Jeff Turner said, “Although the additional delays in first flight and first delivery are disappointing for all of us, I continue to be pleased with Spirit’s overall performance on the program. Specifically, our structures’ design/build efforts are

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