Financial

The Pemco Aviation Group recorded a $3.8 million third quarter loss and an operating loss of $5.7 million for the third quarter 2005.

Delta Air Lines has reached agreement with its Flight Superintendents, represented by the Professional Airline Flight Control Association (PAFCA). The PAFCA agreement, ratified by its 171 members y, includes a 9-10% wage reduction and benefits changes similar to those being implemented across Delta

The pilots of America West and US Airways began talks on a Single Agreement with US Airways management. Both pilots groups are represented by the Air Line Pilots Association, International. Each pre-merger pilot group is currently governed under its own collective bargaining agreement. The Single Agreement is one of three steps that must be completed

Boeing reached tentative agreement with the Society of Professional Engineering Employees in Aerospace (SPEEA) on a new three-year contract offer covering nearly 18,000 engineering and technical employees in Washington and Oregon. SPEEA is recommending employees ratify the contract.

In the third quarter, Iberia posted net earnings of 372.5 million euros, which was 285 million euros more than the 87.5 million recorded in the same quarter last year.Operating profits came to 393.6 million euros, representing a 257% increase from same-2004. In the first nine months of the year Iberia posted consolidated net earnings of

Dubai-based Emirates announced net profits went up 7% to 922 million (US$251 million) for the first six months of the financial year 2005-06, from 1st April to 30th September. Emirates

The bmi group announced a restructuring of its engineering functions in a move that will create three fleet-specific engineering and maintenance bases to serve the three operating units within the group. From March 2006, bmi will consolidate all of its Airbus aircraft fleet maintenance and engineering at the airline’s main operating base at Heathrow. At

ATA Holdings Corp. filed with the U.S. Bankruptcy Court a motion to approve an agreement in principle with private equity fund MatlinPatterson Global Opportunities Partners II for debtor-in-possession (

Embraer recorded in the third quarter of 2005 net sales of $1,064 million and net income of $110.2 million. At the end of the quarter, the firm order backlog totaled $10.4 billion. This quarter, the Company generated positive net cash provided by operating activities of $379 million, a reflection of lower inventory and accounts receivable

Norwegian Air Shuttle reported a 78% increase in revenues to MNOK 590 for the thrid quarter. Earnings after tax were MNOK 43,8 in the third quarter, compared to MNOK -11,2 last year.