Northwest Airlines selects SolArc for jet fuel management

SolArc, an innovative, market-focused software company with a proven solution that streamlines and automates the jet fuel supply chain, reported that Northwest Airlines will implement SolArc RightAngle for managing the jet fuel supply, logistics, accounting and price hedging for their domestic and international operations. Northwest Airlines will use SolArc RightAngle to manage jet fuel procurement, taxes, inventory, and automated payables matching integrated with IATA InvoiceWorks. A major goal of the initiative is to consolidate information systems and implement best practices for managing the fuel spend.

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QantasLink awarded air service contracts for regional Queensland services

QantasLink had been awarded new Air Service Contracts by the Queensland Government. These contracts will allow QantasLink to continue to serve Western and Far North Queensland communities for a further five years. QantasLink recently invested $400 million in an additional 12 new Q400s which will allow the airline to upgrade capacity on key regional routes.

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EADS SOCATA begins deliveries of 2008 TBM 850 very fast turboprop aircraft

The initial two EADS SOCATA 2008 TBM 850s were delivered to customers on January 24th, marking the formal entry of this upgraded very fast turboprop into the international business aircraft marketplace. EADS SOCATA Chairman and CEO Jean-Michel L

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Frontier's loss widens in 3rd quarter; to sell 4 Airbus aicraft

Frontier Airlines Holdings reported a consolidated net loss of $32.5 million for the Company’s third fiscal quarter ended December 31, 2007 compared to a consolidated net loss of $14.4 million for the same period last year. Included in the consolidated net loss for the quarter ended December 31, 2007 was a non-cash mark to market derivative loss which increased fuel expense by $3.5 million. Also included in the net loss for the quarter ended December 31, 2007 was $4.8 million of net start-up costs and losses for Lynx Aviation. Frontier Airlines Holdings, Inc. President and CEO Sean Menke said, “Regardless Read more

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Northrop Grumman elects new President, Information Technology sector

Northrop Grumman’s board of directors has elected Linda A. Mills corporate vice president and president of its Information Technology (IT) sector effective Feb. 1, 2008. She succeeds James R. O’Neill who has announced his decision to retire from the company on May 1, 2008.

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Cessna delivered record 387 business jets in 2007

Cessna Aircraft Company delivered 1,274 aircraft in 2007 – including first deliveries of four models: the newly acquired (from Columbia Aircraft) Cessna 350 and 400 single-engine pistons, the all-new Citation Mustang entry level jet and the upgraded Citation Encore+ business jet. During the year, Cessna delivered 387 business jets, 80 turboprops and 807 piston aircraft. In 2006, the company recorded deliveries of 307 business jets, 67 turboprops and 865 piston aircraft. The company plans to deliver 470 business jets in 2008. Cessna’s revenues for 2007 were $5.0 billion, up from $4.2 billion a year ago. The company’s backlog grew to Read more

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Dash 8 Q400 construction error

The Danish Accident Investigation Board has previously concluded that a construction error in the actuators was the cause of the first two accidents involving a Dash 8 Q400. The Accident Investigation Board has not presented any conclusion on the reason behind the third accident, but has in a provisional report stated that the most likely reason is that an O ring came loose from the SSV valve in the hydraulics system in combination with the following fault-tracing. The SSV valve also has a construction error and is currently being modified by the supplier. SAS has made a thorough technical examination Read more

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US Airways names Dion Flannery President, US Airways Express

US Airways executive Dion Flannery, currently vice president, financial analysis, has been named president of US Airways Express. Flannery succeeds Robert Martens, who has announced his retirement from the airline. In his new role, Flannery will be responsible for oversight of US Airways

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Focus Aviation sells B747-400

Focus Aviation has sold a Boeing 747-400 aircraft to EL AL Israel Airlines, on behalf of Rabobank International. The aircraft, serial number 26551, is currently on lease to Singapore Airlines and is due to be returned to the Lessor in the last quarter of 2008. Following its return off lease the aircraft will then be handed over to EL AL as part of the Israeli national airline’s fleet expansion plans.

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