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Air Travel Recorded Solid Demand Growth in July

Solid Demand Growth Continues in July Asia Weakens as Europe Gains Strength The International Air Transport Association (IATA) announced that demand for air travel recorded another solid month of growth in July. Overall revenue passenger kilometers (RPKs) were up 5.0% compared to July 2012. All regions were up year-on-year, with emerging markets recording the strongest increases.. […]

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Boeing Engineering Realigns for Future Growth and Competitiveness

Boeing Commercial Airplanes Engineering Realigns for Future Growth and Competitiveness Establishes new centers for Engineering design, Propulsion and Out-of-Production Support Boeing today announced it is establishing new centers for engineering design, propulsion and out-of-production airplane support for Commercial Airplanes as it continues to lay the foundation for increased competitiveness and profitable growth in its second century. […]

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Lida Mantzavinou comments on Q3 2012 Ryanair results

Ryanair’s Q3 2012 financial results show that the low cost carrier will exceed its latest profit expectations for the year. Frost & Sullivan estimates that the airline, compared to last year, is set to report a 5% increase in profit after tax in its full year results in March 2013. “The current air transport environment […]

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Ethiopian Receives an Award for Pioneering the African Renaissance

Ethiopian Airlines announce that it has received an award from H.E Girma Wolde Giorgis, President of the Federal Democratic Republic of Ethiopia, for being a pioneer of the bright future of the Africa Renaissance. Ethiopian CEO Tewolde Gebremariam received the award during a ceremony celebrating the 89th birthday and 60 years of Diamond Jubilee of […]

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IATA Infrastructure to Support Asian Growth

The International Air Transport Association (IATA) urged Asia- Pacific aviation leaders to focus on airport and air traffic management infrastructure as the region’s demand for connectivity continues to grow. “Aviation is a vital part of Asia’s economy, supporting 24 million jobs and nearly half-a-trillion dollars of GDP. Connectivity, facilitated by aviation, is a critical link […]

Bombardier Expands Sales and Marketing Support in the Americas with Dallas Office

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Bombardier Expands Sales and Marketing Support in the Americas with Dallas Office

Bombardier Aerospace today announced that it is continuing its regionalization and closer focus on customers by establishing, through one of its US subsidiaries, a Bombardier Commercial Aircraft sales and marketing office in Dallas, Texas to serve the United States and the growth markets of Latin America. The sales and marketing team will be co-located with […]

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First astronaut became organic farmer

The first Japanese astronaut to travel to space in 1990 on the then-Soviet spacecraft Soyuz, journalist Toyohiro Akiyama, had since moved to the Fukushima Prefecture city of Tamura to become an organic farmer. Since the accident at the Fukushima No. 1 Nuclear Power Plant, however, the 69-year-old Akiyama has been staying in the Gunma Prefectural […]

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Spirit Airlines is growing fast

  On its first-ever earnings conference call Thursday, newly-public Spirit Airlines sounded nothing like the half-dozen established airlines whose calls came earlier. To begin with, Spirit is growing. Capacity grew 27.3% in the second quarter, with full-year growth pegged at 16%. The carrier has 35 Airbus aircraft and will take two more this fall, seven […]

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Kaiser expands Aerospace Extrusion Facility in Arizona

  Kaiser Aluminum, one of the leading producers of specialty aluminum products for aerospace, general engineering, custom automotive and industrial applications, has started to expand its aerospace extrusion facility located in Chandler, Arizona. Kaiser Alexco is the name of the facility and it produces hard alloy extruded shapes. The company has made an investment of […]

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Airlines may be ready to drop ticket prices

After months of steadily raising ticket prices, Canadian airlines appear to have hit a breaking point in June, when higher fares started to drag on demand. This will likely lead to lower fares in the second half of the year as Air Canada and WestJet Airlines Ltd. try to attract more customers with lower ticket […]