AVIOSERV SAN DIEGO and ITS INFINITY TRADING were selected by Southwest Airlines to support its phased retirement of 737CL fleet by managing and marketing all excess inventories as sole consignment partners. Read more...
CAE acquired OXFORD AVIATION ACADEMY for C$314m in cash to add seven civil aviation training centers (now 42), 40 full-flight simulators (now 211), and four flight schools (now 12) to portfolio. Read more...
AIRBUS earned e183m on e7.9b revenues in 1Q12 vs e115m on e7b in 1Q11, and says it has now defined permanent solution (more complex than initially anticipated) for A380 wing bracket issues, leading to one-off charge of e158m. It still plans to deliver 30 A380s in 2012, but says that is becoming more challenging. Read more...
Sikorsky's PZL MIELEC was selected by Eclipse Aerospace to manufacture Eclipse 550 fuselage, empennage and wings in Poland, pending launch of aircraft. Read more...
AMR CORP signed joint protocol agreement with its unsecured creditors to explore consolidation scenarios. US AIRWAYS has concluded that a combination of the carriers is in the best interests of employees, customers and communities of both companies. Read more...
BOMBARDIER launched 6-pax Learjet 70 and 8-pax Learjet 75 with new interior design, Lufthansa Technik's nice HD CMS/IFE system, and Vision Flight Deck for 1H13. It also says Learjet 85 production is in full swing. Read more...
INTL AIRLINES GROUP (IAG) recorded 263m pretax loss for 1Q12 (vs 47m loss in 1Q11) on 7.8% higher revenues, and agreed to sell BMI REGIONAL (with 18 Embraer regional jets) to SECTOR AVIATION HOLDINGS, a consortium of businessmen with aviation experience, for 8m cash. Read more...
