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| 10.13.2008 |
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Brit Air Takes CRJ1000s
Morlaix, France-based Brit Air is acquiring six additional Bombardier CRJ1000 NextGen jetliners. The transaction involves the conversion of six options taken with Brit Air’s original order for eight CRJ1000 NextGen aircraft. That order was announced in...
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| 10.13.2008 |
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Quick Takes -- Porter, Embraer
Porter Airlines Returns to Mt. Tremblant Porter Airlines is returning to the slopes of Mont Tremblant, Que., with a more frequent winter schedule from Toronto City Center Airport. Flights from downtown Toronto begin Dec. 19, as often as five times per week...
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| 10.13.2008 |
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Embraer Order Book Up 34 Percent
Based on the first three quarters of 2008, when it delivered 45, 52, and 48 jets, respectively, Embraer shows a steadier production process, which represents a 34 percent increase over the same period in 2007 when the company delivered 108 jets. Therefore...
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| 10.06.2008 |
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MAIR’s Foley Joins Mesa
Paul Foley, formerly president and ceo of MAIR Holdings, Inc and president and CEO of Mesaba Airlines, was appointed chief operating officer of Mesa Air Group, Inc. in an announcement made on Friday. Michael Lotz remains president and chief financial officer...
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| 10.06.2008 |
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Gulfstream International Gets New Debt Financing
Gulfstream International Group, Inc. (GIA) hopes to net Gulfstream approximately $5.17 million in proceeds from the sale of the Senior Debentures and Junior Debentures, net of fees and expenses. Proceeds of the financings will go toward repaying an existing...
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| 10.06.2008 |
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New Twin Otter Scheduled to Fly
Viking Air plans the first flight of the first new Twin Otter in 20 years this week with more than 40 customers awaiting its final development, according to CanWest News Service. All have signed contracts with deposits for the $4 million, 19-seat aircraft...
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| 10.06.2008 |
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RAA: New Drug Testing Proposals Harassment
Citing the importance of maintaining the rights and dignity of airline employees, the Regional Airline Association (RAA) in joint comments with the Air Transport Association (ATA) asked the U.S. Department of Transportation to withdraw its planned rule...
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| 10.06.2008 |
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Korean Agency, Sukhoi Sign Pact
Sukhoi Civil Aircraft Company and Korea Trade-Investment Promotion Agency (KOTRA) signed an MOU on the Sukhoi Superjet 100 Program under which KOTRA will assist SCAC in identifying Korean enterprises, who are considered by Sukhoi Civil Aircraft Company as...
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| 10.06.2008 |
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Short Takes -- ATA, Continuing Resolution
Embraer Earnings Projection Remain Unchanged Embraer’s projections for the year remain unchanged, CEO Frederico Curado told the Dow Jones Newswire last week. Revenue, he said will be $6.5 billion for the year, up from $5.2 billion last year, and $7.1...
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| 10.06.2008 |
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Risky Runways Subject of House Hearing
In the wake of another runway incursion involving a regional airlines, the General Accounting Office told House hearings recently that the risk of runway incursions at U.S. airports remains high despite concerted effort by the Federal Aviation Administration...
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| 10.06.2008 |
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Slot Auctions Illegal
The industry hailed the decision the finding of the Government Accountability Office (GAO) that slot auctions are illegal and the FAA would be violating the law if it goes through with its slot auction at Newark. The GAO said FAA has no legal authority to...
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| 10.06.2008 |
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Safety Watch – Cape Air, AE
Cape Air Experiences First Accident For the first time in its 19-year history, Cape Air experienced its first fatal accident recently in which Captain David D. Willey, the sole occupant on the ferry flight, was killed. The crash of the Cessna 402 occurred...
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| 10.06.2008 |
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Stockholders Approve XJT Stock Action
ExpressJet Holdings, Inc. can return to trading on all NYSE Group platforms after stockholders approved a 1:10 reverse stock split of its common stock. The reverse stock split, as previously announced, is part of ExpressJet's continuing efforts toward...
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| 10.06.2008 |
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Pinnacle Increased DL Connection Fleet
Delta is loaning Pinnacle seven former Freedom Airlines aircraft while Pinnacle awaits delivery of its own aircraft beginning in January. The additional Bombardier CRJ 900 will launch operations this month. Related Story "Delta has asked us to operate...
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| 10.06.2008 |
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MRJ Residual Values Gain Further Credibility with Boeing Support
The prospect of a more widespread customer base for the Mitsubishi MRJ emerged after the announcement that Boeing is to provide marketing, development and after sales support for the program, according to a dispatch from RAN’s sister publication...
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| 10.06.2008 |
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Market Watch – Porter, Horizon
Porter Adds Second U.S. Point, Aircraft With the introduction of new service between its base at Toronto City Center Airport (TCCA) and Chicago’s Midway Airport, Porter Airlines adds its second U.S. point on Nov. 12. Porter is the only carrier offering...
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| 10.06.2008 |
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Industry Gathers Liquidity as it Preps for Downturn
The industry does not stand out as unique in the financial crisis facing the U.S. economy meaning, as with other businesses it will see tight capital and dropping demand, LECG, LLC’s Dan Kasper told Regional Aviation News. But unlike other sectors of...
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| 09.29.2008 |
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Embraer Shakes Up Management
Embraer’s board approved the shakeup of the company’s management which includes the retirement of Satoshi Yakota, who spearheaded Embraer’s success as executive vice president strategic planning and technology development. Also retiring is...
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| 09.29.2008 |
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West Bay to Extend Planned Runway
The Panama City – Bay County International Airport Authority is constructing a 10,000-foot main runway at the new airport in West Bay, subject to obtaining necessary permits and approvals. The Authority previously authorized the design of the runway...
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| 09.29.2008 |
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Safety Watch – SkyWest, Mesa, go!, ASA
SkyWest to Install Runway Incursion Equipment The FAA is awarding SkyWest, US Airways and Southwest Airlines $600,000 each to install cockpit equipment to help them avoid runway incursions, something the National Transportation Safety Board has long wanted...
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