Continental starts non-stop flights to India
Continental Airlines launch daily nonstop flights between Newark Liberty International Airport and Delhi’s Indira Gandhi International Airport.
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ANA reports record profit
ANA Group reported its consolidated first half financial results for the six month period ended September 30, 2005. The Group reported revenue of
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Boeing start talks with engineering union
Boeing started contract negotiations with the Society of Professional Engineering Employees in Aerospace (SPEEA), the union representing more than 17,500 engineering and technical employees working primarily in Washington and Oregon.
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Boeing reports quarterly dividend
The Board of Directors of Boeing decided to pay a quarterly dividend of twenty-five (25) cents per share.Hamilton Sundstrand signs agreement with Air Canada
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India's Paramount Airways signs CF34 maintenance agreement with GE
Paramount Airways of India has signed a new OnPointSM Solutions service agreement with GE Engine Services for the maintenance, overhaul and repair of CF34-8E engines powering the airline’s fleet of Embraer 170/175 aircraft. The nine-year agreement is valued at approximately $12 million. Paramount, which began operations in October, is the first airline in India to
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GOL achieved net income of $59 million in thrid quarter
GOL, Brazil reported for the third quarter a net income of R$138.2 million (US$59.1million), representing a 19.8% net margin. while average passenger yields decreased 18.9% to 25.31 cents (R$) resulting in a decrease in RASK of 13.9% to 19.54 cents (R$). Net revenues totaled R$696.7 million, representing growth of 34.7%.
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Pinnacle Airlines posts loss due to Northwest bankcruptcy
Pinnacle Airlines Corp. reported for the third quarter 2005 an operating loss of $32.4 million and a net loss of $21.4 million. The third quarter loss is primarily due to an after tax charge of approximately $34.5 million for items related to the recent bankruptcy filings of Northwest Airlines (“Northwest”) and Mesaba Airlines (“Mesaba”). Following
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ExpressJet continues fleet growth
ExpressJet took delivery of two 50-seat Embraer ERJ- 145XR aircraft in October 2005, bringing the company’s total operating fleet to 263 jets.
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Kitty Hawk announces opening of Dallas/Fort Worth ground network
Kitty Hawk Cargo, Inc.announced it will open a Dallas/Fort Worth LTL scheduled ground freight regional hub on January 2, 2006. In addition to its current ground network hub in Fort Wayne, Indiana, the new regional hub will enable Kitty Hawk Cargo to offer increased efficiencies and service options to its freight forwarding, logistics and international
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