Airline news
AMR Pilots See Savings From US Air Merger
The lead negotiator for AMR pilots said a merger between AMR and competitor US Airways could save USD$130 million a year in cuts to bankrupt airline’s pilots’ union. Neal Roghair, testifying in US Bank...
American Airlines Statement About Collaborative Agreement With Unsecured Creditors’ Committee
AMR Corporation, the parent company of American Airlines, Inc. and AMR Eagle Holding Corporation, said Friday that it has a joint protocol agreement under which the Company and the Official Committee of Unsecured Creditors agre...
JetBlue Airways Reports April Traffic
JetBlue Airways Corporation [NASDAQ: JBLU] reported its preliminary traffic results for April 2012. Traffic in April increased 14.5 percent from April 2011, on a capacity increase of 7.1 percent. Load factor for April 20...
New Learjet 70 and Learjet 75 Aircraft Set to Revolutionize the Light Jet Segment
Bombardier Aerospace, leading business aircraft manufacturer, redefined the light jet landscape by launching the Learjet 70 and Learjet 75 aircraft at the European Business Aviation Convention Exhibition (EBACE) in Geneva. The ...
Bombardier Learjet 85 Aircraft Production in Full Swing
Bombardier Aerospace shared significant progress details on its all new Learjet 85 aircraft highlighting flight test aircraft production and program test milestones. Work on the two first flight test aircraft and the complete a...
LAN Airlines Reports Net Income of US$76.1 Million for First Quarter 2012
LAN reported net income of US$76.1 million for first quarter 2012, a decrease of 21.8% compared to the US$97.2 million reported in first quarter 2011. Results this quarter were impacted by a 14.7% increase in fuel prices and a ...