Alcoa acquires two aerospace fastener businesses
Alcoa has acquired Republic Fastener Manufacturing Corporation (
Alcoa acquires two aerospace fastener businesses Read More »
AirSprint orders 23 aircraft for fractional fleet
AirSprint, Canada’s coast-to-coast leader in the field of fractional aircraft ownership, reported that the company has placed an order for 23 aircraft with an aggregate retail value of $116 million (US). AirSprint will take delivery of three Citation XLS/XLS+ jets and three Pilatus PC-12/47E “Next Generation Pilatus” over the course of the next 24 months,
AirSprint orders 23 aircraft for fractional fleet Read More »
North American Airlines reaches tentative agreement with pilots
North American Airlines has reached a tentative agreement on an initial 54-month contract with its pilots, represented by the International Brotherhood of Teamsters (IBT). The tentative agreement, subject to ratification by the North American pilots, will take effect upon the date of signing.
North American Airlines reaches tentative agreement with pilots Read More »
United Airlines appoints Douglas McKeen Senior Vice President Labor Relations
United Airlines appointed P. Douglas McKeen as senior vice president – Labor Relations. McKeen, an employment lawyer and highly regarded labor negotiator, joins United with more than 20 years of airline labor relations and human resources experience, including most recently at ASTAR Air Cargo, where he led negotiations on a pilot contract with the Air
United Airlines appoints Douglas McKeen Senior Vice President Labor Relations Read More »
Singapore Airlines takes delivery of third A380
The third production Airbus A380 (MSN006) was handed over to Singapore Airlines on 11th March. Equipped with four Rolls Royce Trent 900 engines, the third aircraft for the first A380 operator follows the delivery of the first A380 (MSN003) on 15th October 2007 and second delivery (MSN005) on 11th January 2008. The third aircraft is
Singapore Airlines takes delivery of third A380 Read More »
Boeing protests U.S. Air Force tanker contract award
Citing irregularities with the process of the competition and the evaluation of the competitors’ bids, The Boeing Company has filed a formal protest with the Government Accountability Office (GAO), asking the agency to review the decision by the U.S. Air Force to award a contract to a team of Northrop Grumman and European Aeronautic Defence
Boeing protests U.S. Air Force tanker contract award Read More »
EADS reports 2007 net loss of Euro 446 million
EADS delivered a strong business performance in 2007 while experiencing significant challenges. The Group’s order intake, at record heights, doubled compared to the previous year and the EBIT reached break-even, as was indicated in EADS’ revised guidance. For 2008, the Group targets an EBIT of
EADS reports 2007 net loss of Euro 446 million Read More »
PW127M engine certified to power ATR regional turboprop aircraft
Pratt & Whitney Canada has received type certification from Transport Canada and the European Aviation Safety Agency for the PW127M engine, the newest member in the PW100 regional turboprop family. The PW127M offers five per cent more power than its predecessor, the PW127F engine. The PW127M is a derivative of the PW127F and PW127E engines
PW127M engine certified to power ATR regional turboprop aircraft Read More »
European Commission searches offices of Deutsche Lufthansa AG
Lufthansa released that the European Commission conducted an investigation in the offices of Deutsche Lufthansa AG in Frankfurt on March 11th. According to information from the investigation decision, the Commission has information that passenger aviation companies including Lufthansa in Europe and in Japan may have taken part in anti-competitive price-fixing and collusive behaviour in traffic
European Commission searches offices of Deutsche Lufthansa AG Read More »
Babcock & Brown arranges over $250 million of aicraft acquisition financing
International investment and specialised fund and asset management group Babcock & Brown announced that a joint initiative with HCI Capital AG (HCI), a leading distribution house for closed funds and structured products in Germany, has acquired its first aircraft leasing investment with the purchase of two Boeing 777-200LR aircraft delivered to Air Canada in February
Babcock & Brown arranges over $250 million of aicraft acquisition financing Read More »