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Third Airbus Military A330 MRTT handed over to Royal Australian Air Force

Tue, 08 Nov 2011 12:20:00 +0000

The third aircraft in the Royal Australian Air Force (RAAF) expanding fleet of new-generation Airbus Military A330 MRTT multi-role tanker/transports has been formally handed over to the RAAF providing a significant boost to Defence’s in-flight refuelling, air logistics support and air combat capability.

Southwest Airlines Reports October Traffic

Tue, 08 Nov 2011 12:17:00 +0000

Southwest Airlines Co. today reported October 2011 combined traffic results for Southwest Airlines and AirTran. AirTran became a wholly-owned subsidiary of Southwest Airlines Co. on May 2, 2011.

Boeing Submits Multiyear Contract Proposal to US Army for CH-47F Chinook Production

Tue, 08 Nov 2011 12:15:00 +0000

The Boeing Company has submitted a proposal to the U.S. Army for a multiyear contract for the production and delivery of 155 CH-47F helicopters.

Delta Air Lines Reports October Traffic

Tue, 08 Nov 2011 12:13:00 +0000

Delta Air Lines today reported traffic results for October 2011. System load factor was 82.8 percent, 0.6 points lower than the prior year on a 3.1 percent decrease in capacity. System traffic decreased 3.8 percent year over year.

IAG and Lufthansa Agreement in Principle on BMI

Mon, 07 Nov 2011 12:38:00 +0000

International Airlines Group (IAG) and Deutsche Lufthansa AG (Lufthansa) have today reached an agreement in principle for the sale of British Midland Ltd (BMI) to IAG.

Boeing Celebrates 747-8 Freighter Delivery with Atlas Air and British Airways

Mon, 07 Nov 2011 12:36:00 +0000

Boeing celebrated the delivery flight Thursday of the first 747-8 Freighter for Atlas Air Worldwide Holdings, Inc. The delivery is the first of nine 747-8 Freighters Atlas Air has on order. Atlas Air's 49 percent subsidiary, Global Supply Systems (GSS), will operate the new freighter for British Airways World Cargo through a five-year wet-lease agreement.

Alaska Airlines Launching Biofuel-Powered Commercial Service in the United States

Mon, 07 Nov 2011 12:34:00 +0000

Alaska Airlines will fly 75 commercial passenger flights in the United States powered by biofuel, starting this Wednesday. These flights signal aviation's next era, where sustainable biofuels can provide a viable alternative to conventional fuel and enable airlines to reduce their environmental impact.

American Airlines Reports October Traffic

Mon, 07 Nov 2011 12:33:00 +0000

American Airlines reported an October load factor of 83.2 percent, which compares to 83.6 percent in the same period last year. American's capacity and traffic were 0.7 percent and 1.1 percent lower year-over-year, respectively.

Boeing Delivers Cathay Pacific First 747-8 Freighter

Tue, 01 Nov 2011 12:17:00 +0000

Boeing has delivered a 747-8 Freighter to Hong Kong-based Cathay Pacific Airways, making it the second freight operator worldwide to take delivery of Boeing's newest freighter. With this new addition to its fleet, Cathay Pacific also becomes the first carrier in Asia Pacific to operate the 747-8.

US Airways Reports Third Quarter Profit

Tue, 01 Nov 2011 12:15:00 +0000

US Airways Group, Inc. today reported its third quarter 2011 financial results. The Company reported a net profit excluding special items for the third quarter 2011 of $95 million, or $0.51 per diluted share.

Qantas flights resumed

Tue, 01 Nov 2011 12:13:00 +0000

Qantas flights resumed yesterday following union strikes.

Boeing Board Approves Quarterly Dividend of 42 Cents a Share

Tue, 01 Nov 2011 11:59:00 +0000

Boeing Chairman, President and Chief Executive Officer Jim McNerney reports that the board of directors today declared a regular quarterly dividend of forty-two (42) cents per share.

ANA Operates World�s First Passenger Flight of Boeing 787 Dreamliner

Fri, 28 Oct 2011 12:20:00 +0000

All Nippon Airways, Japan's largest airline, made aviation history today by operating the first ever passenger flight of the Boeing 787 Dreamliner, the world's most advanced airliner.

Transaero Airlines commits to four A380s

Fri, 28 Oct 2011 12:19:00 +0000

Transaero Airlines, Russia’s second largest airline, signed a Memorandum of Understanding (MoU) with Airbus for four A380 aircraft. The agreement was signed by Olga Pleshakova, Transaero Airlines CEO and Christopher Buckley, Airbus’ Executive Vice President Europe, Asia and the Pacific.

Air China, Boeing and Industry Partners Conduct First Chinese Sustainable Biofuel Flight

Fri, 28 Oct 2011 12:17:00 +0000

Air China, Boeing and Chinese and U.S. aviation energy partners today conducted China's first sustainable biofuel flight. The two-hour mainland flight from Beijing Capital International Airport was witnessed by officials from both countries and highlights the viability of using sustainable aviation biofuel sourced in China.

Air France flight attendants strike

Fri, 28 Oct 2011 12:16:00 +0000

Air France regrets the disruption of flight operations caused by a flight attendants strike on the eve of major holiday departures.

Embraer Sells 11 More E-Jets to Azul

Thu, 27 Oct 2011 12:40:00 +0000

Embraer and Azul Linhas Aéreas Brasileiras signed a contract today for the purchase of 11 EMBRAER 195 jets. The transaction increases the airline’s total orders for Embraer E-Jets to 52 aircraft. The value of this latest acquisition, at list price, is USD 497.2 million. Deliveries are scheduled to begin in 2013.

United Continental Holdings, INC. Announces Third-Quarter 2011 Profit

Thu, 27 Oct 2011 12:36:00 +0000

United Continental Holdings, Inc. today reported third-quarter 2011 net income of $773 million or $2.00 per diluted share, excluding $120 million of net special items consisting primarily of integration-related costs. On a GAAP basis, UAL reported third-quarter 2011 net income of $653 million or $1.69 per diluted share.

Boeing, Embraer and Sao Paulo Research Foundation to Lead Aviation Biofuels Program in Brazil

Thu, 27 Oct 2011 12:34:00 +0000

Boeing, Embraer and the Sao Paulo State Research Foundation (FAPESP) today announced plans to collaborate on long-term aviation biofuels-related research and development, a move that represents another major step toward the creation of a sustainable aviation biofuels industry in Brazil. Azul, GOL, TAM and Trip airlines will be strategic advisors in the program.

General Dynamics Reports Strong Performance in Third Quarter 2011

Thu, 27 Oct 2011 12:31:00 +0000

General Dynamics today reported third-quarter 2011 earnings from continuing operations of $665 million, or $1.83 per share on a fully diluted basis, compared to 2010 third-quarter earnings from continuing operations of $649 million, or $1.70 per share fully diluted. Revenues in the quarter were $7.9 billion. Operating earnings were $998 million, an increase of 3.3 percent over third-quarter 2010.

Boeing Reports Third-Quarter Results and Raises 2011 EPS Guidance

Wed, 26 Oct 2011 12:20:00 +0000

The Boeing Company reported third-quarter net income of $1.1 billion, or $1.46 per share, on revenue of $17.7 billion. Operating margin of 9.7 percent reflects continued strong core performance across the company's businesses, partially offset by higher pension expense.

Lockheed Martin Announces Third Quarter 2011 Results

Wed, 26 Oct 2011 12:15:00 +0000

Lockheed Martin Corporation today reported third quarter 2011 net sales of $12.1 billion, compared to $11.3 billion in 2010. Earnings from continuing operations during the third quarter of 2011 were $665 million, or $1.99 per diluted share, compared to $557 million, or $1.53 per diluted share, in 2010. Cash from operations during the third quarter of 2011 was $511 million, compared to $513 million during 2010.

Airberlin optimizes Airbus and Boeing order book

Wed, 26 Oct 2011 12:13:00 +0000

In light of the current market environment and the ensuing changes in demand for new aircraft, airberlin, Germany's second-largest airline company, has reached an agreement with the aircraft manufacturers, Airbus and Boeing, with regard to an optimization of its order books.

JetBlue Announces Third Quarter Results

Wed, 26 Oct 2011 11:18:00 +0000

JetBlue Airways Corporation today reported its results for the third quarter 2011.

Air Pacific selects versatile A330 for fleet renewal and growth

Tue, 25 Oct 2011 12:14:00 +0000

Fiji’s national carrier, Air Pacific, has selected Airbus aircraft to renew and to grow its fleet. After a thorough evaluation of several different aircraft, including the B787, the carrier has signed a firm contract to buy three new A330-200 aircraft to replace its existing fleet of B747s and B767s with newer, more fuel-efficient aircraft delivering the lowest operating costs and highest productivity in its category.

Boeing Delivers No. 300 of Its Best-Selling 777

Tue, 25 Oct 2011 12:12:00 +0000

Boeing's best-selling 777, the 777-300ER (extended range), has surpassed 300 deliveries with an Oct. 21 delivery to first-time customer Biman Bangladesh.

Finnair makes strides in carbon disclosure and emissions reduction

Tue, 25 Oct 2011 12:11:00 +0000

The Carbon Disclosure Project, operator of the world’s only global climate change reporting system, has commended Finnair for its efforts to substantially reduce greenhouse gas emissions, improve reporting capabilities, and recognize the strategic business risks associated with climate change.

Delta Air Lines Announces September Quarter Profit

Tue, 25 Oct 2011 12:09:00 +0000

Delta Air Lines today reported financial results for the September 2011 quarter.

Memory cards and components yield no information about last month�s air race crash

Mon, 24 Oct 2011 12:30:00 +0000

While the investigation into the September 16, 2011 crash of a vintage P-51D Mustang aircraft at the Reno Air Races in Reno, NV remains ongoing, today the National Transportation Safety Board (NTSB) reported that they were unable to retrieve any on-board video from the badly damaged components and memory cards found in the debris field.

FAA Proposes $1 Million in Civil Penalties Against Pinnacle Airlines

Mon, 24 Oct 2011 12:29:00 +0000

The Federal Aviation Administration (FAA) is proposing $1,042,500 in civil penalties against Pinnacle Airlines, Inc., of Memphis, Tenn., for allegedly operating two aircraft on a combined 63 flights when they were not in compliance with Federal Aviation Regulations.