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SPIRIT AEROSYSTEMS SHARES SUFFER

SPIRIT AEROSYSTEMS SHARES SUFFER

🕔14:30, 3.Nov 2010

Shares in Spirit AeroSystems Holdings Inc., the maker of aircraft parts spun off from Boeing Co. in 2005, fell the $1.98 or 9.4% to $19.13 in trading yesterday, the most since February after third-quarter earnings tumbled and the company reduced

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LOVE FIELD AIRPORT SELLS TAX EXEMPT DEBT

LOVE FIELD AIRPORT SELLS TAX EXEMPT DEBT

🕔14:29, 3.Nov 2010

Love Field Airport Modernization Corp., the local government entity that oversees the development of the Dallas, Texas home of Southwest  plans to sell $310 million of tax-exempt debt today to help finance an expansion project. The bonds are rated BBB

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ATLANTA TO SELL $590 MILLION IN MUNICIPAL DEBT FOR NEW TERMINAL

ATLANTA TO SELL $590 MILLION IN MUNICIPAL DEBT FOR NEW TERMINAL

🕔14:29, 3.Nov 2010

Atlanta, which owns and operates the world’s busiest airport, plans to sell around $590 million in municipal debt, to help finance a new terminal at Hartsfield-Jackson International scheduled to be finished in 2012. The new 12-gate facility will be connected

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UNITED SUED BY BLIND GROUP

UNITED SUED BY BLIND GROUP

🕔14:29, 3.Nov 2010

The National Federation of the Blind and three blind individuals in California filed a class-action lawsuit yesterday in the United States District Court for the Northern District of California against United. The suit alleges that United is violating the California

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AIRTRAN HOLDINGS REPORTS GOOD FIGURES

AIRTRAN HOLDINGS REPORTS GOOD FIGURES

🕔14:29, 3.Nov 2010

AirTran Holdings Inc., reported its highest-ever traffic, capacity and load factors for the month of October. AirTran’s October traffic rose 4.3% from the same period last year. Capacity was also up 0.2% and load factor increased to 82.4% from 79.2%.

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NEW ARIK AIR MD

NEW ARIK AIR MD

🕔14:28, 3.Nov 2010

Arik Air, Nigeria’s largest commercial airline has announced the appointment of Mr. Chris Ndulue as the new Managing Director. Ndulue becomes the first Nigerian to occupy the position. Ndulue was until this appointment, the Deputy Managing Director of Arik Air

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ADDIS ABABA AIRPORT GETS NEW RADAR

ADDIS ABABA AIRPORT GETS NEW RADAR

🕔14:28, 3.Nov 2010

The Ethiopian Civil Aviation Authority on Monday announced that it finalized the installation of the primary surveillance radar and the automatic dependent surveillance (ADS-B) at the Addis Ababa Bole International Airport at a cost of 7.5 million USD. The authority

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ET’S EMPLOYEES HOUSE CONSTRUCTION KICKS OFF

ET’S EMPLOYEES HOUSE CONSTRUCTION KICKS OFF

🕔14:28, 3.Nov 2010

The Chinese construction firm, Zhejiang Yefeng, hired by Ethiopian Airlines this week officially started constructing 2,502 residential houses for employees of the airline at a cost of 1.5 billion birr ( 1 usd is equivalent to 16.3 birr). Ethiopian leased

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ZAMBIAN AIRWAYS $2 MILLION DEBT BATTLE

ZAMBIAN AIRWAYS $2 MILLION DEBT BATTLE

🕔14:27, 3.Nov 2010

The National Airports Corporation (NAC) of Zambia has rejected a proposal by Zambian Airways to settle outside of court the debt of US$2 million that the defunct airline owes the corporation. NAC managing director Robinson Misitala told the Public Accounts

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AIR RWANDA DUE TO ARRIVE IN DUBAI

AIR RWANDA DUE TO ARRIVE IN DUBAI

🕔14:27, 3.Nov 2010

Air Rwanda is to operate its first long haul route from today. Air Rwanda will be using a Boeing B737-500 aircraft on flights between Dubai, Mombasa and Kigali. It will be one of the very few airlines based in Africa,

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