Airlines & Routes

B/E Aerospace reports fourth quarter and full year 2011 results

B/E Aerospace released that for the year ended December 31, 2011, revenues of $2.5bn increased 26.0% as compared with the prior year. Organic revenue growth, excluding acquisitions, was approximately 16.5%. For the year ended December 31, 2011, operating earnings of $428.0m increased 35.4% as compared with the prior year. Operating margin in the current period of 17.1%

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Dassault Rafale wins $10.4bn deal for 126 IAF jets

In a deal worth $10.4bn, India has chosen French aviation firm Dassault Rafale, over European consortium Eurofighter, to provide 126 medium multi-role combat aircraft over 10 years to the Indian Air Force. India shortlisted the Rafale and Eurofighter in April, when it rejected bids from U.S. manufacturers Lockheed Martin, Boeing, Saab AB and OAO United

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