JetBlue Airways has named Tom Rinow to the position of Vice President, JFK Operations. Mr. Rinow was promoted from the position of director, JetBlue airport operations for the low-fare airline’s home base at John F. Kennedy International Airport in New York.
Embraerannounced a contract with the Government of Colombia for the sale of 25 Super Tucano aircraft. The value of the contract is US$ 235 million and marks the first ever Super Tucano export deal. The aircraft acquired by Colombia will be operated by the country
The Malaysian government signed a contract at the Langkawi International Maritime and Aerospace Exhibition LIMA
The Board of Qantas Airways approved the establishment of a new long haul value based airline under the Jetstar brand. Jetstar would commence its international operations no later than January 2007. Jetstar’s initial route structure would require 10 aircraft and would involve point-to-point routes between Australia and Asian and Pacific cities. A special board meeting
The SAS Group has agreed to sell its holding in the Jetpak Group to Denmark-based Polaris Private Equity. The sales price amounts to approximately MSEK 490 and the positive effect on cash flow and net debt is on a corresponding level. The capital gain for the SAS Group totals approximately MSEK 410. The transaction is
BAA confirmed that it has submitted a binding bid for a 75%, minus 1 share, equity stake in Budapest Airport, the 75-year asset management contract and the associated moveable assets. The Bid includes a monetary value of
Willis Lease has promoted Robert M. Warwick to Chief Financial Officer from Director of Finance effective January 1, 2006.
Korean Air Pilot Union has decided to go on a strike from December 8th.
Preston Aviation Solutions Pty Ltd, a Boeing subsidiary, has been commissioned by United Airlines to conduct a system-wide computer simulation study of its operations. The objective of the simulation project is to assess the impact of various proposed schedule changes by United Airlines. Preston will use its industry-leading Total Airspace and Airport Modeler (TAAM) simulation
John P. Jumper, recently retired Chief of Staff of the U.S. Air Force, was elected to the Board of Directors of Goodrich Corporation. Jumper was also appointed to serve on the board’s Audit Review Committee and Financial Policy Committee. With this election, Goodrich’s board increases to 11 members.
