BAE Systems will close its facility at Lochside, Edinburgh, in 2006, with the potential loss of up to 260 jobs. The decision to close the engineering and product development facility is driven by a defence market environment that provides fewer opportunities for the large, customer-funded development projects that have historically sustained the business. Work currently […]
BAE SYSTEMS announces closure of Edinburgh facility Read More »
Talks between Continental Airlines and the IAM adjourned yesterday in Washington, D.C., with no flight attendant agreement being reached. The chairman of the National Mediation Board (NMB) joined the talks on Tuesday, Nov. 15. The issues have been narrowed to a few remaining items. A final bargaining session has been scheduled for Dec. 7 and
No agreement between Continental Airlines and Flight Attendant Read More »
AMR Corp. , the parent company of American Airlines, Inc., announced the pricing of a public offering of 13 million newly issued shares of its common stock at a price to the public of $17.25 per share. AMR has granted the underwriter of the offering a 30-day option to purchase up to an additional 1.95
AMR prices public Equity Offering Read More »
United temporarily suspended taking applications for flight attendant positions, effective immediately and until further notice. The company received more than 16,700 online applications within the first three days. United plans to hire approximately 2,000 flight attendants in 2006, with positions initiating in Chicago and Washington, D.C. The company is beginning to interview 5,100 candidates who
United suspends taking flight attendant applications Read More »
The U.S. Bankruptcy Court for the Southern District of New York has granted the airline
Bankruptcy Judge imposes interim pay cuts on Northwest Airlines IAM unit Read More »
Australia’s Virgin Blue Holdings Limited reports for the 12 months ended 30 September 2005 $105.2 million Net Profit after Tax. Revenues increased by 14.5% to $1,756.
Virgin Blue (Australia) profit down by 33% Read More »
U.S. scheduled passenger airlines employed 436,350 workers in September 2005, 5.5 percent fewer than in September 2004, the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) reported. The seven network carriers employed 293,767 total full-time and part-time workers
U.S. passenger airline employment down 5.5% from September 2004 Read More »
Boeing and representatives from 140 airlines, financial institutions and supplier partners spent two days in Seattle this week discussing progress on the all-new 787 Dreamliner airplane. Called the Progress Summit III, the meeting featured open discussion about development progress, customer requirements, airplane financing, production plans, and concepts for standardizing and simplifying the 787. Since launching
Boeing provides 787 progress update Read More »
Mesa Air Group, Inc. announced 4th quarter after tax earnings of $15.0 million on operating revenues of $309.1 million. Total operating revenues for the fourth quarter of 2005 increased $49.1 million, or 18.9%. Net income for the 4th quarter was $15.0 million, compared to net income of $10.7 million for the same period of fiscal
Mesa Air Group profit doubled Read More »
Air Canada has selected GEnx engines to power its new Boeing 787 fleet, along with the GE90 which powers the 777-200LR and 777-300ER fleets. GEnx engines will power Air Canada’s new fleet of 14 firm Boeing 787 aircraft, along with options and purchase rights for a total of up to 60 787 aircraft. The list
Air Canada selects GEnx and GE90-115B engines Read More »
