AAI Acquisition, a U.S. company and the successor to the former Adam Aircraft Industries, reported that significant steps have been made in its plan to resume operations. Key to the comeback is the naming of veteran aviation executive Jack Braly as the new president and CEO of the company. AAIA purchased the assets and intellectual […]
A700 VLJ on track for FAA certification Read More »
Rolls-Royce has signed a MoU with Mooney Airplane Company to discuss future RR500 TP-powered aircraft applications. The announcement came two days after the company officially launched the RR500 TP at EAA AirVenture 2008. The RR500 TP engine is the fifth new civil engine program launched by Rolls-Royce in 24 months and features multi-fuel capability, an
RR explores future RR500 Turboprop applications with Mooney Airplane Company Read More »
London Air Services (LAS) has placed firm orders for five Learjet 85 aircraft, valued at approximately $86 million, based on the 2008 list price of typically equipped aircraft. LAS is the first Canadian operator to place a firm order for the new all-composite jet. The leading charter service provider based in Vancouver, Canada, currently has
London Air Services orders five Learjet 85 aircraft Read More »
Bombardier Aerospace reported the delivery of the 200th Challenger 300 aircraft to VistaJet, a privately owned business aviation solutions company headquartered in Switzerland. The milestone aircraft is one of a trio of Challenger aircraft delivered to VistaJet in July, including a Challenger 605 and Challenger 850 business jets. The aircraft will enter service with VistaJet
200th Challenger 300 jet enters service with Vistajet Read More »
British Airways and Iberia are holding talks with a view to an all-share merger between the two companies. The negotiations are supported unanimously by the boards of both companies. The British Airways and Iberia brands would be retained as part of a combined group. Iberia’s chairman and chief executive, Fernando Conte, said: “A merger would
Iberia and BA in merger talks Read More »
In the first half-year 2008 the Lufthansa Group reported revenue of EUR 12.1 billion (previous year: EUR 10.1 billion) and increased the operating result by EUR 219 million to EUR 705 million. This reflects the altogether stable operating performance and an earnings contribution of EUR 157 million from the fully consolidated SWISS. Net profit for
Lufthansa increases operating result in 1st half-year 2008 Read More »
Republic Airways announced that it and Delta Air Lines have reached agreement to remove the final eleven 37-seat E135 aircraft from service effective September 30, 2008. The aircraft were originally scheduled to be removed at a rate of two per month between November 2008 and April 2009. The revised agreement provides for three aircraft to
Republic Airways announces accelerated removal of E135 fleet Read More »
WestJet announced second quarter net earnings of $30.2 million. This compared to $11.5 million reported in the second quarter of 2007. Year to date, net earnings in 2008 were $82.7 million compared to $41.4 million earned in the same six months of 2007.
WestJet reports second quarter net earnings of $30.2 million Read More »
CPI Aerostructures has been awarded $3.2 million in delivery orders to provide various assemblies to the Boeing Integrated Defense Systems unit in support of its recent $2 billion award to produce up to 242 enhanced wings for the A-10
CPI Aerostructures receives initial $3.2 million in delivery orders Read More »
