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IATA European Action Plan for Preventing Runway Excursions

The International Air Transport Association (IATA) joined with 16 other aviation stakeholder organizations in developing a European Action Plan for the Prevention of Runway Excursions. The goal is to reduce the occurrence of one of the most common types of air accidents by providing operational and system recommendations to aircraft operators, air navigation service providers, […]

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Boeing Aircraft Financing Unit, Boeing Capital, to End Separate SEC Reporting

Boeing announced that its aircraft financing and leasing unit, Boeing Capital Corporation (BCC), plans to suspend its separate U.S. Securities and Exchange Commission reporting. The move will help streamline Boeing’s financial reporting process while not affecting the financing and leasing unit’s mission, operations or customer interactions. Boeing Capital’s financial information will continue to be included […]

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Cessna & Chip Ganassi Racing Teams Becomes Partners

Cessna Aircraft Company, a Textron Inc. company, announced today a strategic partnership with Chip Ganassi Racing Teams (CGRT) for multiple races in the NASCAR Sprint Cup Series, the IZOD IndyCar Series and the GRAND-AM Rolex Sports Car Series. This partnership extends Cessna’s presence across all three series in which CGRT competes. “Clyde Cessna founded this […]

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New Top Management appointed at Airbus China

On 1st January 2013, Eric Chen has become President of Airbus China, responsible for Airbus’ overall activities in the People’s Republic of China, including business development, commercial activities, customer services and industrial cooperation. Eric Chen, previously Airbus China Senior Vice President Commercial and External Affairs, succeeds Laurence Barron, who has now taken over as CEO […]

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Delta Air Lines Announces December Quarter Profit

Delta Air Lines today reported financial results for the December 2012 quarter.  Key points include: Delta’s net income for the December 2012 quarter was $238 million, or $0.28 per diluted share, excluding special items1.   Results include the $100 million negative impact of Superstorm Sandy on airline and refinery operations. Delta’s net income for 2012 was […]

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Joint Qantas-Emirates Network Open for Business

Qantas customers can start booking on the joint Qantas-Emirates network for travel from 31 March. This follows interim authorisation from the Australian Competition and Consumer Commission (ACCC) for the proposed Qantas and Emirates partnership. The partnership remains subject to government and regulatory approvals. Qantas International CEO Simon Hickey said customers could book travel on a […]

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Global 6000 jet obtains Brazilian certification

Bombardier Aerospace announced today that it has received full certification for its Global 6000 jet from the Agência Nacional de Aviação Civil in Brazil. “This is an important milestone in our Global 6000 jet’s history of leadership in Brazil, and we expect it to help generate even more interest in the world’s leading long-range, large […]

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Sikorsky and Boeing Sign Teaming Agreement

Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp., and Boeing signed a teaming agreement on Jan. 13 to submit a joint proposal in response to the U.S. Army Aviation Applied Technology Directorate solicitation for the Army’s Joint Multi-Role (JMR) Technology Demonstrator (TD) Phase 1 program. The JMR TD supports the Department of Defense’s Future […]

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Airbus Releases aircraft list prices for 2013

Airbus has increased the average list prices of its aircraft by 3.6 per cent. The new pricing is effective from January 1st 2013. The 3.6 per cent price increase has been calculated according to Airbus’ standard escalation formula over the January 2012 to January 2013 period. “Our new pricing reaffirms the value of our modern, […]

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Boeing Makes Best-and-Final Contract Offer to SPEEA

Boeing today presented the Society of Professional Engineering Employees in Aerospace (SPEEA) union with its best-and-final contract offer, agreeing with the union’s approach to extend the terms of the previous contract for current employees. The proposed four year contract would roll forward the current agreement, except for proposals explicitly agreed upon by both parties during […]