Aviation News Releases Magazine – Wednesday, February 23, 2011


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Embraer is the company that grew the most in the executive market in 2010

Embraer is the company that grew the most in the executive market in 2010
One in every five executive jets delivered in 2010 was made by Embraer. ConteúdoSão José dos Campos, February 2011 – According to data released yesterday, by the General Aviation Manufacturers Association (GAMA), Embraer was the company that stood out in the executive aviation market in 2010. The Company delivered 145 executive jets during the year, an increase of 23 aircraft over…
Feb-23-2011 | More »
NASA Postpones Launch Of Glory Mission
WASHINGTON — The launch of NASA’s Glory spacecraft from Vandenberg Air Force Base in California has been postponed at least 24 hours.During the final 15 minutes before Wednesday’s scheduled launch of 5:09 a.m. EST, the vehicle interface control console, a ground interface with Orbital Sciences’ Taurus XL rocket, gave an unexpected reading. The cause and potential effect of the reading was not…
Feb-23-2011 | More »
Boeing Forms Commercial Satellite Services Group to Sell Satellite Capacity
EL SEGUNDO, Calif., Feb. 2011 — Boeing [NYSE: BA] announced today that it has established Boeing Commercial Satellite Services to market commercial satellite telecommunications services to the U.S. government and other satellite users. Headquartered in El Segundo, the group is a part of Boeing Space & Intelligence Systems. “Boeing has received orders for five hosted payloads in the…
Feb-23-2011 | More »
Boeing Explores Options For 737 Successor
By Michael MechamSeattle M­emories of program mistakes are weighing on Boeing as it considers the timing of whether to re-engine or replace the 737 Next Generation family. Two weeks ago, when Boeing CEO James McNerney told analysts that the company’s “current bias is not to re-engine [but] to move to an all-new airplane,” his comments were…
Feb-23-2011 | More »
USAF Space Chief Wants More Accountability
By Amy Butler ORLANDO, Fla. — The U.S. Air Force is not seeking funding to push the technological edge in military space projects, setting the stage for potentially more fixed-price contracts with companies already struggling to make money in this business. By reducing the inherent risk in development projects, according to one senior Air…
Feb-23-2011 | More »
Surviving Pentagon Programs Safe, For Now
By Michael Fabey The Defense Department likely has cut or canceled all of the major costly programs it believes are too expensive or fail to meet current military needs, says Robert Hale, the Pentagon’s comptroller. It’s unlikely, he says, that service brass and contractors will see the wholesale ax-wielding that has chopped through …
Feb-23-2011 | More »
Japanese HTV Moved For Discovery
By Mark Carreau HOUSTON — The Japan Aerospace Exploration Agency’s H-II Transfer Vehicle (HTV) was moved from the Earth-facing (nadir) to the zenith (space-facing) port of the International Space Station’s Harmony module on Feb. 18, providing the required clearance for the space shuttle Discovery to dock on the STS-133 mission. Discovery’s…
Feb-23-2011 | More »
Oil Prices Highlight Aftermarket Pressures
By Elyse MoodyDubai, United Arab Emirates New instabilities in the Middle East triggered events that reveal immediate pressures on the aviation aftermarket. On Jan. 31, oil prices hit $100 per barrel for the first time since 2008, soaring on word of protests in Cairo’s Tahrir Square. This sharp increase sent international jet fuel prices up to more…
Feb-23-2011 | More »
US May Announce Aerial Tanker Winner On Thursday
The US Air Force may announce as early as Thursday whether Boeing or Europe’s EADS has won a projected USD$35 billion contract for 179 new aerial tanker planes, a senior official said …
Feb-23-2011 | More »
Ferrovial Makes 2010 Profit Due To Debt Drive
Spanish infrastructure firm Ferrovial swung to a net profit in 2010 from a steep loss a year ago after a drive to trim debt produced substantial one-time gains from asset sales …
Feb-23-2011 | More »
EU Opens Probe Into Czech Airlines Aid
EU competition regulators opened an in-depth investigation into Czech Airlines on Wednesday, saying they doubted the carrier’s revamp would return it to viability and also comply with EU state aid rules …
Feb-23-2011 | More »
2010 Was Safest Year Ever For Air Travel
Air travel marked its safest year on record last year, with one accident for every 1.6 million flights made in Western-built jets compared with one per 1.4 million in 2009, industry association IATA said on Wednesday …
Feb-23-2011 | More »
UK Travel Company Fraud Probe Ends
The UK’s Serious Fraud Office has ended its investigation into a company blamed for the collapse of Scottish airline Flyglobespan …
Feb-23-2011 | More »
Bahamas Breaks Ground On Chinese-financed Resort
China’s ambassador to the Bahamas hailed the groundbreaking of a USD$2.6 billion resort project on Monday as “another milestone” in the two countries’ relationship and suggested it could herald further Chinese investment in the island nation …
Feb-23-2011 | More »
Mauritius Sun Resorts Annual Profits Slump
Mauritius-based luxury hotel group Sun Resorts pre-tax profit sank 44.3 percent in 2010, hit by the euro zone crisis and heavy discounting, the firm said on Tuesday …
Feb-23-2011 | More »
Plane Suppliers To Get Lift From Rising Output
Rising aircraft orders and production are likely to provide a lift to parts suppliers, which have boosted hiring to meet demand …
Feb-23-2011 | More »
General Aviation Aircraft Shipments Down
Global shipments of general aviation aircraft declined for a third-straight year in 2010, but the industry sees signs of a recovery …
Feb-23-2011 | More »
Soaring Oil Prices Hit US Airlines
US airline stocks tumbled on Tuesday, smacked by a spike in oil prices amid unrest in the Middle East, but recent fare increases, capacity restraint and new fees imposed by carriers could cushion the blow …
Feb-23-2011 | More »
Air Canada, Sales Agents To Continue Talks
Air Canada and its customer service and sales agents are prepared to continue contract negotiations beyond next Monday’s expiry of the current agreement, the union representing them said on Tuesday …
Feb-23-2011 | More »
Emirates Suspends Flights To Tripoli
Emirates has suspended flights to the Libyan capital Tripoli with immediate effect, citing the violence in the North African country …
Feb-23-2011 | More »
BA Union To Re-Ballot Cabin Crew On Strike
The biggest union representing British Airways cabin crew said on Tuesday it is to re-ballot members over strike action after saying it feared a recent vote would be ruled as invalid …
Feb-23-2011 | More »
Emirates Sees Africa Cargo Growth
Emirates expects the contribution of African routes to its cargo business to rise this year as vibrant economies on the continent import infrastructure gear and consumer goods, a senior executive said on Tuesday …
Feb-23-2011 | More »

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