Aviation News Releases Magazine – Wednesday, January 19, 2011

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Top Stories

NASA Television To Air Space Station Spacewalk

NASA Television To Air Space Station Spacewalk
HOUSTON — Two Russian cosmonauts on the International Space Stationwill conduct a spacewalk Friday, Jan. 21, to prepare the complex forfuture assembly and experiment work. The spacewalk will air live onNASA Television beginning at 8 a.m. CST.Expedition 26 Flight Engineers Dmitry Kondratyev and Oleg Skripochkawill perform the six-hour spacewalk.They will install an experimentalRussian radio…
Jan-19-2011 | More »
Boeing, American Airlines Complete Contract for Two 777-300ERs
American Airlines becomes the first U.S. airline to order the 777-300ERSEATTLE, Jan. 19, 2011 /PRNewswire/ — Boeing (NYSE: BA) and American Airlines today announced the Fort Worth, Texas-based carrier has exercised options for two 777-300ERs (extended range). “American Airlines is an industry leader whose vision and disciplined approach to growth has made it one of the largest airlines in…
Jan-19-2011 | More »
Bombardier Reports the Impact of the Adoption of International Financial Reporting Standards (IFRS)
Bombardier today announced the release of its opening statement of financial position as at February 1, 2010, as well as its first and second quarter results of fiscal year 2010-11 (year ending January 31, 2011), based on IFRS. As previously announced, Bombardier will be reporting on June 1, 2011 its first full set of consolidated financial statements prepared under IFRS, starting with the…
Jan-19-2011 | More »
Robert E. Verbeck Named New CFO for Boeing Defense, Space & Security
ST. LOUIS, Jan. 19, 2011 — The Boeing Company [NYSE: BA] today announced that it has named Robert E. Verbeck, 51, chief financial officer of its $34 billion (2009 revenues) Boeing Defense, Space & Security (BDS) business. He succeeds Randy Simons, who is retiring. “In our business, we have to keep building momentum around our strong performance culture to best serve our customers and…
Jan-19-2011 | More »
Britain Looks To Plug Intel And Carrier Gaps
By Robert Wall LONDON — U.K. military officials are preparing plans to bridge capability gaps that have emerged out of last year’s Strategic Defense and Security Review (SDSR) even as they brace for further cuts to plug remaining funding shortfalls. On the agenda for a Jan. 25 meeting are issues such as how to transition carrier strike…
Jan-19-2011 | More »
Boeing Faces Tough Sell As Delta Narrowbody Order Looms
By Andrew Compart Delta Air Lines CEO Richard Anderson said Jan. 18 that he expects it will take Delta “the better part of the year” to choose a manufacturer or manufacturers for its potentially massive narrowbody fleet order, but he also made it clear that Boeing could have a tougher sell to make than its competitors. Anderson praised…
Jan-19-2011 | More »
NASA Borrowing From Shuttle and Ares I
By Frank Morring, Jr.Washington Engineers and managers at NASA are sure to change their new reference vehicle designs for the government’s next heavy-lift and human-spaceflight vehicles, because they’re already saying they don’t have enough money to carry them out. But key senators are insisting that they do. Congress and President Barack…
Jan-19-2011 | More »
Delta Contemplating Huge Narrowbody Order
By Andrew Compart Delta Air Lines says it issued a request for proposals from aircraft manufacturers in late December for the “potential replacement” of 100 to 200 domestic narrowbody aircraft, with options for as many as 200 more. Delta, which disclosed the RFP in its weekly news line for employees and CEO Richard Anderson’s weekly…
Jan-19-2011 | More »
Central and South America Are A Toxic Brew
By Paul McLearyWashington One could say that during the first decade of the century, nowhere has the intersection of globalization, organized crime and political violence been more fully realized than in Central and South America. While cartel violence in Mexico captures global headlines—more than 30,000 drug-related murders since 2006—the…
Jan-19-2011 | More »
121.5 MHz ELT Ban Dropped By FCC
By Kerry Lynch At the request of FAA, the Federal Communications Commission last week formally halted a prohibition on the certification, manufacture, sale or use of emergency locator transmitters (ELT) that use the 121.5 MHz frequency. FCC had called for the prohibition after the international Cospas-Sarsat organization announced in 2000…
Jan-19-2011 | More »
Analysts Predict Airline Stock Growth In 2011
By Lee Ann Tegtmeier As air transport companies tabulate full 2010 earnings and operational performance metrics, market analysts started sending 2011 predictions for investors. The majority of the financial gurus express cautious optimism for airline profits this year. Ray Neidl, senior aerospace specialist for Maxim Group, believes that…
Jan-19-2011 | More »
Finnair Confirms Neff Capital Cargo Venture
Finland’s flag carrier Finnair confirmed on Wednesday it is looking to set up a cargo aircraft venture with private equity firm Neff Capital Management …
Jan-19-2011 | More »
Abu Dhabi’s Maximus To Buy 3 A300-600s
Maximus Air Cargo, Abu Dhabi Aviation’s cargo arm, said on Wednesday it is investing AED350 million dirhams (USD$95 million) to buy three Airbus A300-600 jets and convert them into freighters as it expands its operations …
Jan-19-2011 | More »
Airbus Raises Aircraft Prices
Airbus announced an average 4.4 percent increase in its aircraft list prices on Tuesday, citing high production investments and a weak dollar …
Jan-19-2011 | More »
Bombardier Says C-Series Jet On Track
Bombardier is on schedule with the development of its C-Series narrow-body jet and expects to have new orders soon, chief executive Pierre Beaudoin said on Tuesday …
Jan-19-2011 | More »
Boeing, Korean Air In Talks On 787 Delivery
Boeing is in talks with Korean Air Lines on its delivery schedule for the 787 Dreamliner, the head of Boeing’s Korea unit said …
Jan-19-2011 | More »
FAA Proposes Fine Against Skywest
US aviation regulators proposed on Tuesday a USD$359,000 fine against SkyWest Airlines for alleged cargo and maintenance-related violations …
Jan-19-2011 | More »
American, Priceline In Distribution Deal
American Airlines, which is battling third-party ticket sellers over distribution costs and methods, on Tuesday said it has reached a deal with Priceline to use American’s direct connect technology to access fares …
Jan-19-2011 | More »
Aer Lingus Cancels More Flights Over Staff Dispute
Irish airline Aer Lingus stopped paying 20 staff and cancelled three more flights on Tuesday as a long-running dispute escalated over increased working hours …
Jan-19-2011 | More »
United, American Sue Over O'Hare Financing
United Airlines and American Airlines filed a lawsuit on Tuesday seeking to block further financing for the expansion of Chicago’s O’Hare Airport …
Jan-19-2011 | More »

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