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Monday, October 27, 2003

Briefs

  • Irish air carrier Aer Lingus said it was "disappointed" by the decision of a trade union that represents cabin crew to strike over the Bank Holiday weekend, Oct. 25-26, despite an eight-hour hearing in the Labor Court and last-minute negotiations that failed. The Impact trade union refused the court's request to suspend the strike threat to give consideration to a recommendation to settle the dispute. More than 1,000 Impact cabin crew at the airline, protesting a pay raise they say they are owed, engaged in the work stoppage.
  • Embraer [NYSE: ERJ] reported 17 regional jet aircraft deliveries in the third quarter, and expects to deliver 110 by the end of the year. As of Sept. 30, Embraer's firm order backlog, including airline, corporate and defense markets, totaled 438 aircraft valued at $10.4 billion. The backlog including options was valued at $27.7 billion. The company also announced that its flight simulator for the new 170 series of jet aircraft has been certified by the U.S. Federal Aviation Administration and the European Joint Aviation Authorities (JAA), which allows cockpit crew training to get under way.
  • Phoenix-based Mesa Air Group [Nasdaq: MESA] has signed an agreement to create a code-sharing relationship between one of its subsidiaries, Air Midwest, and United Airlines [OTC: UALAQ]. The agreement is in addition to the existing United Express agreement for regional jet and Dash-8 turboprop service between Mesa Air Group subsidiary Mesa Airlines and United. The agreement allows the United logo to be added to Air Midwest flights operated under its preexisting US Airways Express agreement.
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