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Embraerannounced a contract with the Government of Colombia for the sale of 25 Super Tucano aircraft. The value of the contract is US$ 235 million and marks the first ever Super Tucano export deal. The aircraft acquired by Colombia will be operated by the country

The Malaysian government signed a contract at the Langkawi International Maritime and Aerospace Exhibition LIMA

The Board of Qantas Airways approved the establishment of a new long haul value based airline under the Jetstar brand. Jetstar would commence its international operations no later than January 2007. Jetstar’s initial route structure would require 10 aircraft and would involve point-to-point routes between Australia and Asian and Pacific cities. A special board meeting

The SAS Group has agreed to sell its holding in the Jetpak Group to Denmark-based Polaris Private Equity. The sales price amounts to approximately MSEK 490 and the positive effect on cash flow and net debt is on a corresponding level. The capital gain for the SAS Group totals approximately MSEK 410. The transaction is

BAA confirmed that it has submitted a binding bid for a 75%, minus 1 share, equity stake in Budapest Airport, the 75-year asset management contract and the associated moveable assets. The Bid includes a monetary value of

Japan Airlines has become the first customer to fully implement an in-flight monitoring system from Boeing that will help it operate at peak levels of safety, reliability and efficiency. JAL is implementing Airplane Health Management (AHM), a new data-monitoring and prognostic service developed by Boeing Commercial Aviation Services. AHM monitors the health of an airplane

Rolls-Royce has won a $41 million contract from China for an additional three industrial RB211 gas turbine compression packages to be installed on Phase 1 of the West-East Gas Pipeline. The contract, awarded by PetroChina West-East Pipeline Company, also includes upgrading seven Rolls-Royce compressors already operating on the 3,900 km/2,400 mile line.

JetBlue Airways has named Tom Rinow to the position of Vice President, JFK Operations. Mr. Rinow was promoted from the position of director, JetBlue airport operations for the low-fare airline’s home base at John F. Kennedy International Airport in New York.

Korean Air Pilot Union has decided to go on a strike from December 8th.