Aer Lingus appoints corporate advisors for privatisation process

Aer Lingus, the Irish state owned airline, confirmed the appointment of Merrion Capital and Goldman Sachs as advisors to the company. The advisors will assist Aer Lingus in the privatisation process already initiated by the Government. New investment in the airline is essential to fund fleet acquisition and other development expenditure required to underpin growth […]

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Boeing received orders for 679 aircraft in the first ten months of 2006

Aircraft & Engines / Leave a Comment

Boeing logged orders for 36 aircrafts in October 2005. Total orders for the year account now for 679 aircrafts compared to 197 aircraft orders received in the first 10 months of 2004. Boeing delivered 23 aircrafts in October, mainly NG737s. Boeing has an order backlog of 1,509 aircraft by the end of October.

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More than 100 Boeing Business Jets sold since product launch

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Boeing Business Jets today has sold a program total of 102 BBJs so far, surpassing its goal to reach 100 orders before the end of the year. Since the launch of the BBJ Program in 1996, 69 customers have ordered 89 BBJs and 13 BBJ 2s. Private individuals comprise 40 percent of the BBJ customer

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Jet Aviation Singapore becomes Boeing Business Jet service Center

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Boeing Business Jets signed a service contract with Jet Aviation Singapore, making the company the first authorized service center for BBJs in the Asia Pacific region. Jet Aviation will provide maintenance, repair and overhaul services as well as warranty work on behalf of BBJ customers.

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Lufthansa load factor down

Airlines & Routes / Leave a Comment

Lufthansa fell short of the record levels in the same month in the previous year. During the month, 4.6 million (- 2.1%) passengers flew with Lufthansa. Only part (+0.6 %) of the marginal increase (+1.6 per cent) in capacity was sold in the market, so that the passenger load factor fell by 0.8 percentage points

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MTU Aero Engines operating profit increases by 35% to 166.6 million

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MTU Aero Engines Holding AG continues to be on a growth track. In the first nine months of 2005 the company increased its sales as compared with the prior year period by 12 %, from 1,384.3 million

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Contracts worth $50 million expand Rolls-Royce presence in Asian oil & gas markets

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Three new orders from Thailand and Malaysia for Rolls-Royce industrial gas turbine equipment, valued at over $50 million, continue to strengthen the Rolls-Royce position in Asia

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Independence Air reaches tentative agreement with aircraft mechanics and flight attendants

Financial / Leave a Comment

FLYi, Inc., parent of Independence Air, which had previously filed for chapter 11, has reached a tentative agreement with the Aircraft Mechanics Fraternal Association (AMFA) that would enact new wage rates and work rules for Independence Air mechanics. The company and AMFA have been negotiating, under supervision of the National Mediation Board, since June 2002.

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Air Wisconsin traffic dropped by 30% in October

Airlines & Routes / Leave a Comment

Air Wisconsin Airlines Corporation, operating as US Airways Express and United Express, reports traffic for October 2005. The revenue passenger miles were down by 30% to 190.3 million RPMs. The load factor was 72.9% (2004= 75.1%).

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Air Canada signed contract for up to 96 Boeing 777s and 787 Dreamliners

Aircraft & Engines / Leave a Comment

Air Canadasigned a contract with Boeing to upgrade the airline’s fleet with up to 36 Boeing 777s and 60 Boeing 787 Dreamliners. The conclusion of the order comes six months after the airline announced a widebody fleet renewal plan, subject to a number of conditions. As with the previous agreement, announced in April, the new

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Aer Lingus appoints corporate advisors for privatisation process

Boeing received orders for 679 aircraft in the first ten months of 2006

More than 100 Boeing Business Jets sold since product launch

Jet Aviation Singapore becomes Boeing Business Jet service Center

Lufthansa load factor down

MTU Aero Engines operating profit increases by 35% to 166.6 million

Contracts worth $50 million expand Rolls-Royce presence in Asian oil & gas markets

Independence Air reaches tentative agreement with aircraft mechanics and flight attendants

Air Wisconsin traffic dropped by 30% in October

Air Canada signed contract for up to 96 Boeing 777s and 787 Dreamliners

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