Russia's Volga-Dnepr Group orders two Boeing 747-400ER freighters

AirBridge Cargo Airline of Russia has ordered two 747-400ER freighters from Boeing. The aircrafts, with a list price value of $450 million, are scheduled for delivery in October 2007 and February 2008 and will be powered by General Electric CF6-80C2B5F engines. AirBridge Cargo currently operates two Boeing 747-200F and one Boeing 747-300. The company is […]

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U.S. Department of Transportation proposed new foreign ownership rules

The U.S. Department of Transportation proposed new rules to help US airlines to raise foreign money. U.S. airlines would have more opportunities to obtain financing from investors under a new rule announced today by U.S. Secretary of Transportation Norman Y. Mineta. The proposed rule would allow international investors more say in some aspects of airline

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Northwest still hopes to reach out of court agreement with unions

Northwest Airlines filed an 1113(c) motion with the bankruptcy court on October 12 to secure labor cost savings if the company and its unions do not achieve consensual agreements (as previously reported).Northwest has been in discussions with The Air Lines Pilots Association (ALPA), The International Association of Machinists and Workers (IAM), and The Professional Flight

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Boeing and Ariana Team Up for Airline's Renewal

Ariana Afghan Airlines and Boeing have finalized a fleet renewal plan that includes the lease of two 757-200s from Boeing Capital Corporation, as well as the direct purchase of four Next-Generation 737-700 airplanes that the airline will receive beginning in 2009. The agreement also includes an advanced training package for Ariana’s flight and cabin crews

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