Financial

Atlas Air Worldwide Holdings, a leading provider of global air cargo assets and services, said that it expects pretax earnings from operations in 2008 to exceed $65.0 million compared with previous guidance of approximately $85.0 million. Not included in AAWW

Atlas Air Worldwide Holdings announced that the Company

Private jet charter company JetSuite and Mosaic Leasing announced an agreement to finance a portion of JetSuite’s growing fleet of Embraer light jets. JetSuite has ordered a total of 50 firm and 50 options on Embraer Phenom 100 light jets. The company plans to launch operations from Los Angeles and Las Vegas next year with

Industria de Turbo Propulsores, S. A. (ITP) has agreed to acquire Alstom Aerospace, a company dedicated to engineering services and the design and manufacture of turbo-machinery and aeronautical software. Alstom Aerospace is a division of Alstom Ltd, an affiliate in which Alstom S.A. holds a 100% stake. The acquisition was carried out through ITP Engines

Petters Aviation and its subsidiaries, including MN Airlines LC, d.b.a. Sun Country Airlines filed for protection under Chapter 11 of the United States Bankruptcy Code. Sun Country Airlines will continue to operate and fly its regular flight schedule. Stan Gadek, Chairman and Chief Executive Officer of Sun Country said,

Woodward Governor Company completed the acquisition of MPC Products Corporation. Woodward announced the signing of a definitive stock purchase agreement on August 19, 2008. MPC is an industry leader in the manufacture of high-performance electromechanical motion control systems primarily for aerospace applications. The main product lines include high performance electric motors and sensors, analog and

The sale of the site in Laupheim, Germany, from Airbus to Diehl/Thales was closed with effect from 1 October 2008 and all operational business and assets were transferred. This is in line with the announcement made by Airbus on 1 August 2008.

UAL Corporation reported financing transactions that will add approximately $275 million of cash prior to year end. The company has completed a $125 million aircraft financing agreement, receiving approximately $60 million on September 30th, and will receive the remaining approximately $65 million by mid October. United has also executed agreements and agreements in principle (subject

Frontier Airlines its monthly operating report for August 2008. Frontier reported an operating profit of $3.3 million and a consolidated net loss of $5.6 million. Frontier’s results included the following items: $6.5 million in reorganization items, which included a $4.7 million loss on a sale-leaseback transaction and $1.8 million in professional fees, a mark-to-market non-cash

MTU Aero Engines has launched a new cost-reduction initiative intended to save 50 million euros annually, the bulk of it already in 2010. This follows an announcement MTU CEO Egon Behle made at the Analyst and Investor Day the company held in Munich on Sept. 26th. Behle reaffirmed the company’s 2008 forecast and expects MTU