UAL Corporation reports second quarter 2008 results

Driven by a $773 million increase in consolidated fuel expense, UAL Corporation reported a net loss of $2.7 billion or $151 million, excluding certain largely non-cash accounting charges. UAL announced further capacity cuts and the retirement of the entire B737 fleet as well as six B747s. In total, United will retire 100 aircraft and will reduce fourth-quarter mainline domestic capacity 15.5 percent to 16.5 percent year-over-year. In conjunction with the capacity reductions, the company expects to reduce its workforce by approximately 7,000 by year-end 2009.

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Honeywell signs extension with Southwest Airlines to maintain fleet

Honeywell has signed a contract extension with Southwest Airlines to provide aftermarket maintenance services for Honeywell avionics and mechanical products on Southwest’s entire fleet of Boeing 737s for the next 10 years. Under the extended agreement, Honeywell will provide aftermarket repair and overhaul services for Honeywell equipment on Southwest’s entire fleet — up to 520 aircraft plus future aircraft deliveries — including Honeywell’s Auxiliary Power Units (APU), hydro mechanical units (HMU), avionics, lighting, mechanical components and wheels and brakes.

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Airbus granted a European Production Organisation Approval (POA)

The European Aviation Safety Agency (EASA) has granted Airbus a single Production Organisation Approval (POA), which replaces the previous four Airbus POAs issued by the French, German, Spanish and UK Civil Aviation Authorities. The Airbus single POA is both a driver for the harmonisation of tools and processes and a facilitator for the implementation of the current trans-national centres-of-excellence, programmes and functions. The new single POA recognises Airbus’ status as a single integrated European company, which Airbus has been working towards since 2000. It also verifies that a global quality framework for the management, responsibilities, procedures and resources has been Read more

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AVIO wins MRO contract from Cebu

Avio has won the contract for the MRO of the PW127M engines of the ATR72-500 fleet of Philippine airline company Cebu Pacific. The contract, with a duration of 12 years, foresees the maintenance and complete fleet assistance, including the supply of substitute engines, and is worth 80 million euros. The contract, relative to the first 10 ATR72-500s, is under exclusive licence and is of the

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IAE ships first V2500 Selectone production engine

IAE International Aero Engines dispatched the first production engine of its new V2500 SelectOne build standard, to Toulouse. The achievement of this latest milestone follows a record week of announced orders for IAE at Farnborough. During the Show, the company concluded business with 10 customers for a total of $7 billion. The first SelectOne engine, serial number 15004, has been shipped from the V2500 production facility at Dahlewitz, Germany, to Toulouse, France, where it will undergo final preparations before installation. The second engine for the launch aircraft is due to be shipped from IAE

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Jet Aviation Dusseldorf appointed as Piaggio Aero authorized service center

Jet Aviation Dusseldorf was appointed by Piaggio Aero as an Authorized Service Center for the P.180 Avanti / Avanti II aircraft. The new authorization allows Jet Aviation Dusseldorf to perform maintenance services to P.180 Avanti / Avanti II aircraft up to and including D-Check inspections. Also, Jet Aviation’s personnel will attend recurring annual training courses in Genoa.

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MTU wins orders worth 500 million euros

For MTU Aero Engines the air show in Britain’s Farnborough is paying dividends. CEO Egon Behle announced orders worth around 500 million euros. “The volume of these orders underscores the continuing high demand of airlines worldwide for advanced fuel-thrifty aircraft,” he said. Among the orders received for the V2500 engine, MTU benefits from engine sales as well as maintenance contracts for MTU Maintenance Hannover and other MRO affiliates: Ten customers ordered new engines and placed maintenance contracts, among them US Airways, Wizz Air, Shenzhen Airlines, Shanghai Airlines and Hainan Airlines as well as aircraft leasing companies AWAS and Aviation Capital Read more

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