Air Transat adds 17th wide-body jet to its fleet

Air Transat, Canada’s holiday travel airline, has taken delivery of an additional Airbus A310-300 aircraft, bringing the number of wide-body jets in its fleet to 17. Together with Transat Holidays and its European partners, the airline will be offering this summer a total of 63 direct city-pair routes between Canada and Europe and flying travellers […]

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Rolls-Royce to power up to 20 A350 XWBs in $880 million agreement

Rolls-Royce announced an agreement with Synergy Aerospace, part of the Synergy Group Corp. of South America, for Trent XWB engines to power its next-generation widebody fleet of 10 firm and up to 10 option A350 XWB aircraft, due for delivery from 2015. The business has a potential value of $880 million at engine list prices.

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WestJet reports net earnings of $193 million for full year 2007

WestJet reported record fourth quarter and full-year 2007 results. The airline’s quarterly net earnings increased to $75.4 million from $26.7 million in the same period last year. These results included a one-time favourable adjustment of $33.7 million due to corporate income tax rate reductions enacted by the federal government in the quarter. Excluding the one-time

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Hawker Beechcraft Acquisition Company reports 2007 results

Hawker Beechcraft Acquisition Company reported sales of $2,793.4 million and operating income of $148.3 million for the nine months ending December 31, 2007. During this time period, the Company delivered 351 business and general aviation aircraft. The Company recorded net bookings of $5.1 billion for the nine months ending December 31, 2007, resulting in a

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Ralph Boyce to lead Boeing's Southeast Asia business

Boeing named Ralph “Skip” Boyce president of Boeing Southeast Asia. Boyce will focus on strengthening the company’s presence across the region and supporting opportunities to increase Boeing’s growth and productivity. He will be based in Singapore and report to Shep Hill, president, Boeing International. Boyce succeeds two retiring Boeing leaders: Douglas Miller, Boeing Integrated Defense

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AAR completes $225 million private placement of convertible notes

AAR CORP. reported the completion of a private placement of $125 million aggregate principal amount of 1.625% convertible senior notes due 2014 and $100 million aggregate principal amount of 2.25% convertible senior notes due 2016 (together, the “Notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of

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