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GE AGREEMENT WITH PBN SERVICES

GE AGREEMENT WITH PBN SERVICES

🕔10:26, 12.Nov 2010

GE has entered into a Performance-based Navigation (PBN) Services agreement with LAN Airlines to design and deploy an optimized navigation network at Lima. GE’s PBN Services business will design the optimized arrivals and departures using Required Navigation Performance technology (RNP).

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CANADIAN SMALL AIRLINES SUE GOVERNMENT OVER OLYMPIC RESTRICTIONS

CANADIAN SMALL AIRLINES SUE GOVERNMENT OVER OLYMPIC RESTRICTIONS

🕔10:26, 12.Nov 2010

The Canadian federal government is being sued by several small airlines who say they lost more than $1 million due to security restrictions imposed during the Olympic Games and want to be compensated for loss of revenue and increased expenses.

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BOEING CONFIRMES CAUSE OF FIRE

BOEING CONFIRMES CAUSE OF FIRE

🕔10:25, 12.Nov 2010

Boeing: “We have determined that a failure in the P100 panel led to a fire involving an insulation blanket,” the plane-builder said in a statement. Found under passenger seats close to the wings, the P100 panel obtains power from the

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JETBLUE RATINGS LOWERED BY CITIGROUP

JETBLUE RATINGS LOWERED BY CITIGROUP

🕔10:25, 12.Nov 2010

Citigroup Global Markets has lowered its rating of JetBlue Airways shares amid concerns the stock is already trading at its fair price. Analysts say the airline has reached its peak but future growth possibilities are limited. Citigroup has therefore lowered

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SKYWEST ACQUISITION OF EXPRESSJET APPROVED BY SHAREHOLDERS

SKYWEST ACQUISITION OF EXPRESSJET APPROVED BY SHAREHOLDERS

🕔10:24, 12.Nov 2010

ExpressJet Holdings shareholders have approved its proposed acquisition by rival SkyWest. The deal, which is expected to close today, will create one of the largest regional airlines. SkyWest is buying ExpressJet for $6.75 a share, or $133 million after accounting

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EMBRAER LOOKS TO EGYPT FOR MRO

EMBRAER LOOKS TO EGYPT FOR MRO

🕔10:23, 12.Nov 2010

A delegation from Embraer visited the EgyptAir Maintenance and Engineering facility in Cairo this week. An official statement by the Egyptian MRO provider said the meeting was to “enhance all means of co-operation between the two companies in the field

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CANADA AND QATAR IN NEW AVIATION PACT

CANADA AND QATAR IN NEW AVIATION PACT

🕔10:23, 12.Nov 2010

Canada and Qatar have agreed to allow Qatar Airways to fly three passenger flights and three cargo flights a week to and from the Gulf sheikdom. Such a quiet and quick agreement has brought into sharp relief Canada dispute with

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EXPORT CREDIT DEAL FOR COMAIR

EXPORT CREDIT DEAL FOR COMAIR

🕔10:22, 12.Nov 2010

The Export-Import Bank of the United States has announced the preliminary commitment to finance the purchase Comair’s purchase of eight Boeing 737-800 aircraft. Comair is the third South African company to tap Exim export financing to buy US goods or

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42ND AFRICAN AIRLINES GENERAL ASSEMBLY TO BE HELD IN ADDIS ABABA

42ND AFRICAN AIRLINES GENERAL ASSEMBLY TO BE HELD IN ADDIS ABABA

🕔10:21, 12.Nov 2010

The African Airlines Association (AFRAA) 2010 Annual General Assembly (AGA) will be held in less than two weeks in Addis Ababa, Ethiopia from November 21 to 23. Under the theme, “Adapting to Survive and Prosper,” the 42nd General Assembly and

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KUWAIT NATIONAL AIRLINES POST Q3 LOSS

KUWAIT NATIONAL AIRLINES POST Q3 LOSS

🕔10:21, 12.Nov 2010

Kuwait National Airlines, the holding company that owns Wataniya Airways, posted a net loss of 1.6 million dinars ($5.7 million), compared to a loss of 2.1 million dinars, in the same period a year earlier. The company stated to the

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