Airbus and Latecoere have terminated negotiations regarding the sale of the Airbus sites in Meaulte and Saint Nazaire Ville since a viable solution could not be finalised within the required time frame, in particular due to the current difficult financial environment. However, Airbus intends to keep Latecoere as a first tier partner for the development
Bombardier Aerospace released its annual aircraft market forecasts for the business and commercial aircraft markets. Business Aircraft Market Forecast In the 10-year period from 2008 to 2017, Bombardier
JetBlue founder David Neeleman’s Brazilian domestic airline will be named: ‘Azul’ (Portuguese for blue). The name was one of 150,000 submitted by Brazilian consumers in an online competition. Azul Linhas Aereas Brasileiras, SA plans to commence service in January 2009 and has ordered a fleet of 76 Embraer jets. The new airline proposes to bypass
Lufthansa Technik Logistik (LTL) has been awarded the status of
SkyWorks Capital Asia announced the appointment of Ian F. Reid as its new Chief Executive Officer with effect from May 1st, 2008. Mr. Reid has joined Swire Pacific Limited from his former position as Senior Vice President at RBS Aviation Capital, Hong Kong. Prior to joining RBS, he was Managing Director-Asia for JP Morgan
Qantas Freight Enterprises signed an agreement to purchase national trucking business Jets Transport Express (Jets), which specialises in interstate air freight movements. Executive General Manager, Qantas Freight Enterprises Grant Fenn said the acquisition of Jets, which would be completed by the end of May, would increase the breadth of Qantas’ air freight capability and improve
Hawaiian Airlines announced today that it has reached a settlement of its lawsuit with Mesa Air Group, Inc., regarding Mesa’s misuse of confidential and proprietary information obtained during Hawaiian’s Chapter 11 plan of reorganization in 2004. Under the terms of the settlement agreement, Hawaiian Airlines will receive a cash payment of $52.5 million and Mesa
Airbus Material and Logistics Centre in the Middle East has been officially opened at the Dubai Airport Free Zone in the United Arab Emirates. The Material and Logistics Centre covers over 3,700 square metres of storage space and office facilities ensuring optimised logistics and efficiency. The 24 hour a day centre will stock more than
SR Technics has announced a change at the top in its communications team. Regula Weyermann, Senior Vice President Corporate & Marketing Communications, will leave the company at the end of May to take on a new challenge in another industry. She will be succeeded by Marco Imboden, who is currently the company
Continental Airlines released to its more than 45,000 employees that the Board of Directors has unanimously supported management’s recommendation, not to merge with another airline at this time. Larry Kellner, Chairman and Chief Executive Officer, and Jeff Smisek, President said: “Our recommendation, and the Board’s careful and considered decision, followed a comprehensive review of our
