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Boeing and Seal Dynamics sign contract for innovative supply-chain solution

Boeing and Seal Dynamics, an integrated provider of engineering and logistics solutions serving the industrial and airline industries, have signed an agreement that will help airlines significantly reduce their maintenance costs. This partnership is part of Boeing’s Integrated Materials Management (IMM) initiative, in which Boeing and suppliers such as Seal Dynamics maintain an airline’s inventory

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FAA seeks penalties against American Airlines for deferred maintenance

The Federal Aviation Administration (FAA) announced actions totaling $7.1 million in civil penalties against American Airlines for improperly deferring maintenance on safety-related equipment and deficiencies with its drug and alcohol testing programs and exit lighting inspections. The FAA asserts that in December 2007, American used the wrong provisions of its Minimum Equipment List (MEL) to

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United Airlines names Kathryn Mikells CFO

UAL Corporation released that Kathryn Mikells will be named senior vice president and chief financial officer, succeeding Jake Brace, executive vice president and chief financial officer, who is retiring November 1. In her new position, Mikells, who has held several leadership roles in the finance organization, will be responsible for treasury, tax, the controller function,

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Goodrich and Rolls-Royce propose engine controls joint venture

Goodrich Corporation and Rolls-Royce plc have signed a Letter of Intent proposing the formation of a joint venture company, which would develop and supply engine controls for Rolls-Royce aero engines. If the proposed joint venture goes ahead, it would enable the two companies to integrate their engine controls activity more closely. It would combine Goodrich’s

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American Airlines, British Airways and Iberia sign joint business agreement

American Airlines, British Airways and Iberia have signed a joint business agreement on flights between North America and Europe and plan to expand their global cooperation. The airlines plan to file for worldwide anti-trust immunity from the US Department of Transportation and will notify the appropriate regulatory authorities in the European Union. In addition, fellow

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