EADS profitability improved by 41%
EADS deliver strong operational and financial performance. EADS achieved an EBIT* of
EADS profitability improved by 41% Read More »
US Airways outsources ULD management to save $2 million over 5 years
US Airways is the first U.S. international carrier to outsource Unit Load Device (ULD) management in a sale and leaseback deal that furnishes ownership and administration of the airline’s ULD fleet to Jettainer GmbH. As part of its corporate cost-savings initiatives, US Airways has transferred its entire fleet of air cargo and passenger flight containers
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New US Airways Group lost $87 million in third quarter
the new US Airways Group reported a third quarter 2005 net loss of $87 million, compared to a net loss of $29 million for the same period last year. The Company’s third quarter 2005 results include a number of special charges primarily due to merger-related aircraft transactions. Excluding special items, the Company reported third quarter
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Boeing to set new world record for distance with 777-200LR Worldliner flight
Boeing is set to make aviation history on November 9, 2005 when a Boeing 777-200LR Worldliner takes off from Hong Kong flying eastbound to London, attempting to set a world distance record. The 777-200LR (Longer Range) will take off with a full load of fuel and 35 passengers and crew, flying nonstop on a route
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ST Aerospace seals $38 million deal for B757 conversion
Singapore Technologies Aerospace Ltd (ST Aerospace) announced that its US facility, ST Mobile Aerospace Engineering (MAE), has been awarded a contract by the New Zealand Ministry of Defence. The contract, worth US$38m (approximately S$65m), involves a cargo conversion and avionics upgrade programme for two of the Royal New Zealand Air Force’s (RNZAF) Boeing 757-200 aircraft.
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Airbus and AVIC 1 of China signed $500 million A320 cooperation contract
China Aviation Industry Corporation (AVIC 1) and Airbus confirmed the extension of their cooperation in activities to produce A320 Family wing boxes in China. The protocol refers to the initial contract, with a projected total value of over US$ 500 million, signed in Beijing earlier this year between Airbus and AVIC 1, which committed the
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Airbus received orders for 77 aircraft in October 2005
Airbus received firm orders for 77 aircraft, including 25 A350, in October 2005. Airbus delivered 33 aircraft, mainly A320 family, to its customers.
Airbus received orders for 77 aircraft in October 2005 Read More »
SAS Group expects return to profitability in 2005
The SAS Group reported a net income of MSEK 529 (1994 = MSEK 133) for the third quarter and MSEK 57 (1994 = MSEK -1,094) for the nine-month period ending September 2005. The new business model in Europe and within Scandinavia, with one-way fares and simplified rules increased both the number of sold tickets and
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Midwest Airlines capacity increased by 36.2%
Midwest Airlines available seat miles increased in October 2005 to 388,177 (000s) from 284,986 (000s) in October 2004. Load factor increased to 68.1% compared to 65.0% in October 2004.
Midwest Airlines capacity increased by 36.2% Read More »