Geneva-based PrivatAir announced an order for one Boeing 787-8 VIP airplane, a purchase-right exercise from PrivatAir’s initial 787 order in 2006. This latest order is valued at $162 million. Through this agreement, PrivatAir has two 787s on order and has secured an additional purchase right.
PrivatAir orders additional Boeing 787-8 VIP airplane Read More »
Continental Airlines reported 2007 pre-tax income (net income before income taxes and cumulative effect of change in accounting principle) of $566 million, up 53 % over 2006 pre-tax income of $369 million. Excluding $24 million of previously announced pre-tax special items, Continental’s pre-tax income for the full year was $542 million, a 78 % improvement
Continental Airlines reports full year 2007 pre-tax income of $566 million Read More »
Southwest Airlines’ Board of Directors authorized a new share repurchase program to acquire up to $500 million of the Company’s common stock. Based on yesterday’s close price of $12.08, this represents approximately 41 million shares of common stock.
Southwest announces $500 million share repurchase authorization Read More »
Airbus achieved 1,341 net orders valued at $157.1 billion at catalogue prices (1,458 new gross orders valued at $181.1 billion). They include 913 A320-Family aircraft, 405 A330/A340/A350s, and 23 A380s. This demonstrates the strong demand for Airbus aircraft, with all members of the product family doing extremely well. In particular the newly launched A350 XWB
Airbus books orders for 1,458 aircraft in 2007 Read More »
Boeing announced that first flight of the 787 has been moved from the end of the first quarter of this year to around the end of the second quarter to provide additional time to complete assembly of the first airplane. Deliveries are now expected to begin in early 2009, rather than late 2008. “The fundamental
Boeing shifts schedule for 787 first flight Read More »
Embraer delivered two new Ipanema aircraft to the Brazilian Air Force (For
Embraer delivers two Ipanema aircraft to the FAB Read More »
ExelTech Aerospace has expanded and renewed its contract to provide line maintenance and heavy maintenance services for Val d
ExelTech Aerospace signs global services agreement with Air Creebec Read More »
ACE Aviation Holdings has accepted an offer to sell a total of 13,000,000 units of Jazz Air Income Fund on an exempt trade basis to certain funds and accounts managed by West Face Capital Inc. and to Sunrise Partners Limited Partnership at a price of $7.45 per unit representing total net proceeds to ACE of
ACE Aviation Holdings to sell 13 million units of Jazz Air Income Fund Read More »
AMR Corporation, the parent company of American Airlines, reported a net loss of $69 million for the fourth quarter of 2007. The current quarter results compare to a net profit of $17 million for the fourth quarter of 2006. For all of 2007, AMR posted a net profit of $504 million. AMR’s full-year 2007 results
AMR Corporation reports fourth quarter 2007 net loss of $69 million Read More »
