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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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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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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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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