WestJet to lease aircraft to continue to serve Prince George

WestJet will lease smaller aircraft for the period of September 2 to 30, 2008, in order to continue to serve the people of Prince George while the main runway at the Prince George Airport is being extended. During construction, the main runway will be shortened to the point where WestJet is unable to land its signature fleet of Boeing Next-Generation 737s. Faced with the decision to discontinue service, WestJet chose to lease smaller Dash-8 aircraft from Hawkair Aviation of Terrace, B.C., on a temporary basis in order to maintain service to Prince George.

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British Airways, GECAS and Boeing finalize deal for up to 10 777-300ERs

British Airways and Boeing have signed an order for two Boeing 777-300ER jetliners valued at $529 million at list prices. Boeing also announced that GE Commercial Aviation Services (GECAS) has purchased two 777-300ERs, airplanes that were previously listed as an unidentified order on the Boeing Web site. The airplanes are two of four 777s that BA has agreed to lease from GECAS — including two 777s ordered in 2007 — as part of its recent commitment to the 777-300ER. British Airways also secured options for four additional 777-300ERs directly with Boeing.

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Embraer to lay off 250 people

Embraer informed that it has consolidated its organizational structure by reducing managerial positions and administrative functions, which involved a reduction of around 250 people. Embraer continues to move firmly ahead in its growth process and in improving its results, and confirms the aircraft delivery forecasts and economic-financial projections previously announced.

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Flow International to begin work on the Airbus contract

Flow International Corporation has received purchase orders for four systems under the recently awarded contract to exclusively supply Airbus with Composite Machining Center (CMC) abrasive waterjet and routing machine tool systems to support the production of its upcoming A-350XWB. The purchase orders were for a CMC to machine the keel beam section in Nantes, France, a CMC to machine the cockpit section 11 and 12 in Meaulte, France, a CMC to machine forward fuselage panels section 13 and 14 in Nordenham, Germany, and a CMC to machine forward fuselage panel section 19 in Illescas, Spain. The total value of the Read more

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Jazz Air announces executive appointments

As part of Jazz’s ongoing cost-saving initiatives, and to re-assign the duties of its recently vacated position of Chief Operating Officer, the following executive reorganization has been implemented. These individuals will report to Joseph Randell and are effective immediately. Nick Careen has been appointed Senior Vice President Operations, Colin Copp has been appointed Senior Vice President Employee Relations and Jolene Mahody has been appointed Senior Vice President Operations Support.

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StandardAero breaks ground on turbine-engine-overhaul facility expansion

Due to growth in turbine-engine-overhaul contracts, StandardAero, a DAE Engineering company, reported the official ground breaking of an 80,000 square foot expansion to their Winnipeg facilities to accommodate the expected engine throughputs. The expansion is timed with several large contract wins and the large volume of engine maintenance associated with those contracts. After securing agreements with several airlines, the company is now at a stage where additional production space is required. At the groundbreaking ceremony, Manitoba Premier Gary Doer announced a $20 million Manitoba Industrial Opportunities Program repayable loan to support the facility’s construction. Doer noted the expansion will bring Read more

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Delta adds first-ever nonstop service between Atlanta and Mumbai, India

Delta Air Lines announced a new daily nonstop flight between Hartsfield-Jackson Atlanta International Airport and Mumbai, India, starting Nov. 1, 2008. The new flight will connect the world’s largest airport with one of the world’s fastest-growing economies. Delta’s recently acquired Boeing 777-200 Long Range (LR) aircraft will make the 17-hour, 55-minute westbound nonstop flight possible.

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AerCap Holdings reports second quarter results

AerCap Holdings N.V. announced the results of its operations for the second quarter ended June 30, 2008. Second quarter 2008 net income was $68.6 million, compared with $34.2 million for the same period in 2007. Sales revenue for the second quarter 2008 was $180.7 million, compared to $84.3 million for the same period in 2007, and was generated from the sale of ten aircraft, two engines and the sale of parts inventory. Committed purchases of aviation assets delivered or scheduled for delivery in 2008 are $1.3 billion, of which $933 million closed in the first half year of 2008. AerCap Read more

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