Honeywell announced second quarter 2008 sales increased 13% to $9.7 billion from $8.5 billion last year. Earnings were up 23% to $0.96 per share, versus $0.78 per share last year. Cash flow from operations was $1,042 million versus $983 million in the second quarter of 2007 and free cash flow (cash flow from operations less […]
Honeywell's second quarter sales up 13% Read More »
CFM International booked orders for 540 new CFM56-5B and CFM56-7B engines during the 2008 Farnborough Air Show, in addition to inking a materials and service agreement with ST Aerospace. These agreements are valued at more than $5 billion. In addition, CFM International also launched the TRUEngine designation to help the industry more accurately appraise used
CFM receives over $5 billion in new orders and materials agreements Read More »
Hamilton Sundstrand has purchased the remaining 49% interest of REVIMA APU. This interest was held by EADS Sogerma — a business unit of EADS — since it entered into a joint venture agreement with Hamilton Sundstrand in 2004. REVIMA APU is now a wholly-owned Hamilton Sundstrand overhaul and repair facility, which will service aircraft Auxiliary
Hamilton Sundstrand completes acquisition of REVIMA APU from EADS Sogerma Read More »
Hamilton Sundstrand signed an On-Site Support agreement with Japan Airlines International (JALI) covering electric power system and pneumatic system products on the airline’s fleet of 132 large commercial aircraft including Boeing 747-400s, 767s and 777s. The 10-year program will begin in August. Work will be performed at Japan Airlines International’s Narita, Japan, maintenance facility. Hamilton
JALI signs On-Site Support agreement with Hamilton Sundstrand Read More »
Air China, the flag carrier of the People’s Republic of China, and Boeing have signed agreements for 15 777-300ER (Extended Range) and 30 Next- Generation 737-800 jetliners. The order, worth approximately $6.3 billion at average list prices, was previously posted to the Boeing Orders and Deliveries Web site and attributed to an unidentified customer.
Air China signs agreements for Boeing 777s and 737s Read More »
Continental Airlines reported a second quarter 2008 net loss of $3 million. Excluding $22 million of previously announced net after tax special items, Continental recorded a net loss of $25 million. In response to these challenges, Continental implemented a number of initiatives in the second quarter of 2008 to maintain its competitive position in the
Continental Airlines announces second quarter loss Read More »
Sikorsky Aircraft Corp. announced the appointment of New Jet International to act as exclusive representative in Italy and Monaco for Sikorsky commercial helicopter sales. New Jet International specializes in new and pre-owned aircraft sales and has offices in Monte Carlo, Monaco, and Milan, Italy. In addition to the Sikorsky commercial helicopter lines, New Jet International
Sikorsky names new Jet International as commercial sales rep in Italy, Monaco Read More »
Alis Aerolinee Italiane, an Italian cargo start-up company, has signed a Memorandum of Understanding with Airbus for the acquisition of five A330-200 Freighter aircraft, plus three options. An engine choice has not been made yet. With an important cargo market potential, Alis Aerolinee Italiane intends to establish direct links between Northern Italy and long haul
Alis Aerolinee Italiane selects the all-new A330-200F to start cargo operations Read More »
Synergy Aerospace, main shareholder of Avianca and SAM in Colombia, Oceanair in Brazil and VIP in Ecuador, has signed a contract with Airbus for ten A350-800s. This contract firms up the Memorandum of Understanding signed by Synergy Aerospace and Airbus in February 2008.
Synergy Aerospace signs contract for ten A350 XWB Read More »
