EADS and DAHER announce the opening of exclusive negotiations for the acquisition of a majority interest by DAHER in EADS Socata. Bringing together DAHER and EADS Socata would allow the creation of a major actor in the area of aerostructures and business aviation and develop joint projects in these two areas, in particular with regards
Spirit Airlines attacks record high fuel prices by revising 2008 growth, cutting 15% of non-fuel costs, continuing to increase non-ticket revenue and continuing to Spirit is targeting a 15% reduction in non-fuel expenses ensuring Spirit’s costs remain the lowest in the Americas. Spirit is carefully evaluating every expense and is working with all stakeholders to
Unite announced that British Airport Authority workers have voted to accept the pensions package secured by their union from their employer. Seven out of ten Unite members voted to accept the deal which includes a 12-year protection and guarantees for existing members in the company’s Final Salary Pension Scheme while introducing a world class defined
CSC has signed a new information technology (IT) outsourcing contract with aircraft manufacturer Hawker Beechcraft Corp. The nine-year agreement is an extension of services that began in 2002. Under the new contract, CSC will continue to manage Hawker Beechcraft’s IT infrastructure, including midrange computers and desktops, help desk operations, IT security, engineering computing, voice and
The Transportation Security Administration (TSA) announced the certification of three new TSA canine teams to enhance explosives detection capabilities at Virginia’s Dulles International Airport air cargo facilities. The Dulles teams began training in January and graduated after a 10-week training course at Lackland Air Force Base, San Antonio. The teams have certified in their local
Frontier Airlines has promoted Edward (Ted) Christie III to Senior Vice President and Chief Financial Officer. Christie had been serving as Senior Vice President of Finance for the airline.
Jim Moravecek has been named President of the Engine Alliance, a 50/50 joint venture of General Electric and Pratt & Whitney. Moravecek will succeed Bruce Hughes who will return to GE Aviation in a leadership position. Moravecek has been with Engine Alliance-partner Pratt & Whitney for 35 years. He assumes the Engine Alliance
Frontier Airlines announced that the International Brotherhood of Teamsters Union voted in support of temporary wage and benefit concessions requested by the Company. The Teamsters represent about 430 people at Frontier including mechanics and related workers, tool room employees, aircraft appearance agents and material specialists. Frontier asked all of its employees, both represented and non-represented,
GOL Linhas Aereas Inteligentes announces that, effective June 16, 2008, Richard Lark will assume a new role as a member of the Company’s board of directors and as an advisor to the Chief Executive Officer, Constantino de Oliveira Junior. As part of the board, Lark will continue to coordinate several of the Company’s policy and
United Airlines announced significant fleet, capacity and personnel changes, enabling the company to build a stronger, more competitive business better able to withstand record oil prices and a softening economy. United will remove a total of 100 aircraft from its mainline fleet, including the 30 previously announced Boeing 737s, and reduce its mainline domestic capacity
