BOC Aviation selects Thales flight managament systems

BOC Aviation has selected Thales to provide a comprehensive package of flight management systems for up to 47 new Airbus A320 family aircraft. Deliveries of these aircraft will commence in the fourth quarter of 2008. Under the terms of the agreement Thales baseline flight management systems package for the Airbus A320 family aircraft includes: Flight Management System, Radio Altimeter, Angle of Attack Sensor, Pitot Probe, Combined Radio Magnetic Indicator and ATC Control Panel. BOC Aviation also selected Bucher Leichtbau AG as baseline supplier to provide forward and full aft galleys for these 47 new Airbus A320 family aircraft and has Read more

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Boeing and Seal Dynamics sign contract for innovative supply-chain solution

Boeing and Seal Dynamics, an integrated provider of engineering and logistics solutions serving the industrial and airline industries, have signed an agreement that will help airlines significantly reduce their maintenance costs. This partnership is part of Boeing’s Integrated Materials Management (IMM) initiative, in which Boeing and suppliers such as Seal Dynamics maintain an airline’s inventory of spare parts, providing items as needed. By reducing the airline’s spare parts inventory, IMM reduces the cost of doing business.

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US Airways Group announces exercise of over-allotment option

US Airways Group reported that the underwriter of its public offering of 19,000,000 shares of common stock has exercised in full the over-allotment option granted to it by the Company. As a result, the Company will sell an additional 2,850,000 shares of its common stock at the offering price of $8.50 per share. Including the exercise of the over-allotment option, the net proceeds from the offering, after deducting underwriting discounts and commissions, are expected to be approximately $179 million. As previously announced, the Company plans to use the net proceeds for general corporate purposes. Completion of the offering is subject Read more

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FAA seeks penalties against American Airlines for deferred maintenance

The Federal Aviation Administration (FAA) announced actions totaling $7.1 million in civil penalties against American Airlines for improperly deferring maintenance on safety-related equipment and deficiencies with its drug and alcohol testing programs and exit lighting inspections. The FAA asserts that in December 2007, American used the wrong provisions of its Minimum Equipment List (MEL) to return two MD-83 aircraft to service after pilots had reported problems, and flew the planes 58 times in violation of FAA regulations. The MEL contains components and systems without which the aircraft may operate safely under specific limitations, as proven by the operator or manufacturer.

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United Airlines names Kathryn Mikells CFO

UAL Corporation released that Kathryn Mikells will be named senior vice president and chief financial officer, succeeding Jake Brace, executive vice president and chief financial officer, who is retiring November 1. In her new position, Mikells, who has held several leadership roles in the finance organization, will be responsible for treasury, tax, the controller function, budgets, financial planning and analysis, accounting, external financial reporting, and, for administrative purposes, internal audit. She also will be responsible for mergers and acquisitions, fleet planning, corporate development and investor relations.

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Embraer will supply the Super Tucano to the Chilean Air Force

Embraer and the Chilean Air Force (FACH) signed a contract for the sale of 12 Super Tucano aircraft. This is the end result of a public bid held by FACH, which chose the airplane manufactured by Embraer as the best solution for the tactical training of its pilots. The first Super Tucano should be delivered in the second half of 2009. The Super Tucano is currently operated by the Brazilian and Colombian Air Forces for successfully training pilots and high-precision light attack procedures on internal security missions. The Embraer proposal chosen by the FACH includes a broad Integrated Logistic Support Read more

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Embraer's Legacy 450 and Legacy 500 programs steadily advance

Embraer is steadily moving forward with the development of its recently launched midlight Legacy 450 and midsize Legacy 500 executive jets, with the conclusion of the preliminary aircraft design. The joint definition phase (JDP) formally began in July, and more than 20 suppliers of key systems have already been selected. During this new phase, Embraer and the chosen companies will work together to refine and validate the aircraft configuration through a fully digital process, utilizing virtual reality mock-ups, the CATIA V5 software, and state-of-the-art technology.

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