MONTRÉAL, QUÉBEC–(Marketwire – July 29, 2011) – Aéroports de Montréal (ADM) today announced its consolidated financial results for the three- and six-month periods ended June 30, 2011. These results are accompanied by data on passenger traffic and aircraft movements at Montréal–Trudeau and Montréal–Mirabel international airports. Highlights EBITDA (excess of revenues over expenses before financial expenses,
Mahwah, New Jersey, July 29, 2011 – Werner Aero Services, a global leader in the aviation industry announced today that it has signed a three year component management agreement with Alliance Airlines of Australia. Through its NIRVANA program, Werner Aero Services LLC will provide Alliance Airlines with component repair and overhaul management for its fleet
The general meeting adopted the capital increase of nominally DKK 110,500,000 shares in a directed issue at Mansvell Enterprises Ltd. and adopted the board of directors proposal of granting the minority shareholders right of appointment to the boards of directors. An extraordinary general meeting of Cimber Sterling Group A/S was held today. The general meeting
Chief Commercial Officer, Stefan Vilner, has today resigned in Cimber Sterling Group A/S. Due to the ongoing restructuring of the company the COO position will not immediately be replaced, the responsibility for the commercial activities will be placed in direct reference to CEO Jacob Krogsgaard, Stefan Vilner last working day at Cimber Sterling will be
• Order intake up 89 percent to € 58.1 billion • Key success: American Airlines endorses A320 and A320neo families • Revenues up 8 percent: € 21.9 billion • EBIT* before one-off: € 720 million • Free Cash Flow before acquisition of Vector Aerospace of around € 250 million • Net Income: € 109 million
TOKYO–(Marketwire – Jul 29, 2011) – ANA Group, Japan’s largest airline group, today reported its consolidated financial results for the first three months (April – June) of fiscal year 2011. The Group made an operating loss of 8.1 billion yen, a recurring loss of 14.4 billion yen, and net loss of 8.4 billion yen for
29 July 2011 – Air Malta has announced the appointment of its new Chief Financial Officer (CFO), Nicholas Xuereb. He will be spearheading the airline’s financial department and will be reporting directly to CEO, Peter Davies. The appointment of Xuereb continues the build up of talent at senior management level which is required to turnaround
In its third intermediate report, the French Accident Investigation Bureau (BEA) has just presented the exact circumstances of the AF 447 Rio/Paris accident on 1 June 2009. It sheds further light on this tragedy that has deeply affected Air France and the entire air transport community. Air France wishes to pay tribute to the memory
Jackson Square Aviation (“JSA”) is pleased to announce the first of seven Airbus A320 deliveries to Concesionaria Vuela Compania de Aviacion (“Volaris”). This delivery is in connection with a long-term operating lease, for which DVB Bank SE provided senior debt. JSA has also provided PDP financing to Volaris in connection with this transaction. “We are
TORONTO, ONTARIO–(Marketwire – July 29, 2011) – Bombardier Aerospace announced today that the Letter of Intent (LOI) from Korean Air signed on June 21 at the 2011 Paris Air Show to acquire 10 CS300 airliners has now been converted into a firm order. The transaction also includes options on 10 CS300 aircraft and purchase rights
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