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Monday, January 23, 2006

Supply Side

Embraer China Eastern Airlines Wuhan approved the purchase of five 50-seat ERJ 145LRs from Harbin Embraer, a joint venture of Brazil's Embraer [ERJ] and China Aviation Industry Corp. II. The planes are to be delivered between November and June 2007. The order is in addition to five previously acquired by an...

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Embraer

China Eastern Airlines Wuhan approved the purchase of five 50-seat ERJ 145LRs from Harbin Embraer, a joint venture of Brazil's Embraer [ERJ] and China Aviation Industry Corp. II. The planes are to be delivered between November and June 2007. The order is in addition to five previously acquired by an affiliated regional airline, China Eastern Airlines Jiangsu.

Embraer's board voted last week to switch Brazilian stock exchanges. The stock will be listed on the Sao Paulo Stock Exchange's New Market, which has stricter corporate governance standards. To make the move, Embraer must consolidate its various classes of stockholders into one voting class. The change will impact the company's three largest shareholders - the state-run pension fund Previ, the telecommunications pension fund Sistel, and the company Companhia Bozano - who together control about 60 percent of Embraer's voting shares. In addition, Embraer announced that CEO Mauricio Botelho will retire in April of 2007, but will remain as chairman until 2008.

Sentient Jet

The PGA Tour has designated Sentient Jet as the official private jet provider for the tour as part of a four-year marketing partnership. Sentient, a private jet membership company, will provide a variety of special benefits to the golfers, including guaranteed jet availability on short notice on tournament cut days.

Sabre

A new Russian air taxi, Dexter owned by the Air Management Group, has contracted with Sabre Airline Solutions [TSG] to use its Rocade Airline operation suite of computer programs to manage Dexter's growing fleet of 250 aircraft. The new carrier operates 1,500 departures a day.

Cimber Air

Cimber Air, the 55-year-old Danish regional carrier, recently achieved IOSA registration status after successfully completing an operational safety audit by the International Air Transport Association (IATA). Only 84 other airlines have ever achieved that status. The audit examines a carrier against an international standard of safety.

Active Aero

Christopher F. Healy has been promoted to president of Active Aero Group, a Belleville, Mich.-based aviation holding company. Healy joined Active Aero in 2001 as its chief operating officer. He previously had been the CEO of Skyway Freight Systems. Active Aero includes three operating units, Active Aero PTM, a transportation logistics management company; Active Aero Charter, an on-demand cargo charter management provider; and USA Jet Airlines, a Part 121 cargo and passenger charter operator.

AOG Air Support

A.O.G Air Support [ASP], a British Columbia-based provider of aerospace safety and performance modifications, last week decided not to renew the contract for CFO Keith Anderson.


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