Aviation News Releases Magazine – Thursday, September 9, 2010

Deal involves 25 financial institutions, worldwide

São José dos Campos, September 9, 2010 – Embraer closed a credit operation today for US$ 1 billion with a group of 25 international financial institutions. The main objective of the standby agreement is to ensure access to short-term funds at pre-negotiated rates, if the Company should need them.

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Embraer closes syndicated credit operation for US$ 1 billion
Deal involves 25 financial institutions, worldwideSão José dos Campos, September 9, 2010 – Embraer closed a credit operation today for US$ 1 billion with a group of 25 international financial institutions. The main objective of the standby agreement is to ensure access to short-term funds at pre-negotiated rates, if the Company should need them.Under the coordination of BNP Paribas, there were…
Sep-09-2010 | More »
Embraer's Lineage 1000 will be present at JetExpo 2010 Moscow
Company will also showcase the Legacy 600 jet at Russia’s top business aviation eventSão José dos Campos, September 9, 2010 – With the ultra-large Lineage 1000 on static display for the first time at the event, Embraer will participate in the fifth Russian International Business Aviation Exhibition, JetExpo 2010 Moscow (www.JetExpo.ru), in the Crocus Expo complex, September 15-17. The Company…
Sep-09-2010 | More »
NASA Hosts Green Aviation Summit; Bolden Highlights Importance of Issue to Future of NASA
MOFFETT FIELD, Calif. – NASA has a “critical responsibility” to theflying public to develop environmentally responsible solutions to thenation’s most pressing aviation problems, Administrator Charles F.Bolden Jr. said Wednesday.Addressing the Green Aviation Summit under way through Thursday atNASA’s Ames Research Center, Bolden said air travel is one of thesafest modes of transportation and vital…
Sep-09-2010 | More »
NASA Opens Space Station For Biological Research From NIH Grants
WASHINGTON — NASA is enabling biomedical research with NationalInstitutes of Health (NIH) grants that take advantage of the uniquemicrogravity environment aboard the International Space Station toexplore fundamental questions about important health issues.The NIH Biomedical Research on the International Space Station(BioMed-ISS) awards are the next step in a new partnership to applythe national…
Sep-09-2010 | More »
Executives Named to Lead President's Export Council Subcommittees
CHICAGO, Sept. 9 /PRNewswire/ — The chairman and vice chairman of the President’s Export Council – Boeing CEO Jim McNerney and Xerox CEO Ursula Burns – today announced the names of business and union leaders who have agreed to lead the council’s five subcommittees. “The individuals who have stepped forward to lead the subcommittees are outstanding leaders who will bring innovative thinking…
Sep-09-2010 | More »
Boeing Completes Harpoon Industrial Cooperation Program in Denmark
COPENHAGEN, Denmark, Sept. 8, 2010 – The Boeing Company [NYSE: BA] announced today that it has successfully completed an industrial cooperation program associated with follow-on support of the Harpoon weapon system for the Royal Danish Navy. Boeing met ahead of schedule the requirements for this six-year period of performance that began in October 2004, demonstrating the company’s continued…
Sep-09-2010 | More »
Mexicana Restructuring Plan Trims Routes
By Darren Shannon A major overhaul of Mexicana’s route network could see the carrier resume much of its North and Central American services by the end of November under a restructuring plan revealed to The DAILY. The plan, which is only now being formulated, will however drop all domestic mainline services, as well as Mexicana’s European…
Sep-09-2010 | More »
BAE To Bid Hawk For USAF T-X
By Amy Butler BAE Systems is planning to propose its single-engine Hawk trainer as the U.S. Air Force begins to move slowly toward a competition for a T-38 replacement. The average age of the T-38 last year was 42 years, but financial pressures in the Pentagon are forcing the Air Force to push off its plans for a replacement until 2012 at…
Sep-09-2010 | More »
Fixed-Price Limits Pentagon Risk On SDB II
By Amy ButlerWashington The $450-million fixed-price contract won last month by Raytheon to develop and build the Small Diameter Bomb (SDB) II will likely be a model for future deals, including the contentious KC-135 replacement, in a fiscally constrained Pentagon. And it is giving the service confidence as it proceeds through arguably…
Sep-09-2010 | More »
India Test-Fires BrahMos Missile
By Neelam Mathews NEW DELHI — India test-fired its surface-to-surface BrahMos Block II supersonic cruise missile on Sept. 5 from a mobile launcher 200 km. (125 mi.) to the northeast of Bhubaneswar in the state of Orissa. The launch took place from the Integrated Test Range of the Defense Research and Development Organization (DRDO). The…
Sep-09-2010 | More »
Bombardier Offers BizJet Update
By Kerry Lynch Bombardier executives are bracing for a continued sluggish business jet market in the second half of this year, but they are encouraged that orders continue to trend upward and believe they have the right production rates for the remainder of the year. Bombardier Aerospace’s fiscal second quarter revenues of $2 billion matched those…
Sep-09-2010 | More »
Fresh Research Rekindles Life On Mars Debate
By Guy Norris LOS ANGELES — Recent experiments in Chile could provide hope that living microbes may yet exist on Mars, despite data collected by NASA’s Viking landers in 1976 that have generally been interpreted as showing no evidence of life. The new studies, conducted by Rafael Navarro-Gonzalez and a geophysical team from the National…
Sep-09-2010 | More »
American Will Add Overhaul Work In Dallas
By Elyse Moody American Airlines plans to add overhaul capacity in Dallas this fall as it redesigns its maintenance footprint to bring it more in line with operational and fleet needs. The carrier, which does all of its heavy maintenance and about 80% of other maintenance in-house, has been spooling down activity at its Kansas City, Mo.,…
Sep-09-2010 | More »
LTP Plans Expanded Services in Asia
By Neelam Mathews mathews.neelam@gmail.com As the aviation market bounces back in Asia, Lufthansa Technik Philippines (LTP) is looking at expanding its customer base beyond the region, as well as adding new technical services, such as overhaul layovers and cabin refurbishment designed for budget airlines. As one of the biggest providers of…
Sep-09-2010 | More »
A380 Output Unlikely Below 20 In 2011
EADS chief executive Louis Gallois said Airbus A380 superjumbo production was unlikely to fall back below 20 planes in 2011 and he reaffirmed plans to deliver the first mid-sized A350 aircraft in 2013 …
Sep-09-2010 | More »
Voice Error Blamed For 777 Near-Miss Over London
A small business jet narrowly missed colliding with a Boeing 777 carrying 232 people over London this summer because of a verbal communication error, air accident investigators said on Thursday …
Sep-09-2010 | More »
US Aviation Eyes Government Financing
The US aviation and aerospace industries are considering asking Congress for a slice of the USD$50 billion in infrastructure assistance proposed by President Barack Obama, a senior trade group official said on Wednesday …
Sep-09-2010 | More »
Chinese Pilots Who Faked Resumes Back In The Air
Chinese pilots who had lied about their flying experience have been allowed to return to work after they took remedial action to make up their hours, according to the country’s aviation watchdog …
Sep-09-2010 | More »
First Eastern To Invest In New ANA Budget Airline
All Nippon Airways said on Thursday it will start a low-cost carrier (LCC) to fly between Japan and China in partnership with Hong Kong-based private equity firm First Eastern Investment Group …
Sep-09-2010 | More »
US Opposes Delta, Virgin Blue Competition Waiver
The US administration proposed on Wednesday to deny a bid by Delta Air Lines and Virgin Blue for an alliance that would include a waiver from US competition laws …
Sep-09-2010 | More »
Chicago Council OKs USD$1 Bln Airport Bonds
The Chicago City Council gave final approval on Wednesday to USD$1 billion of revenue bonds to continue expanding O’Hare International Airport …
Sep-09-2010 | More »
Chile LAN August Passenger Traffic Up 13.7 Pct
Chile’s LAN Airlines said on Wednesday its passenger traffic rose 13.7 percent in August from a year earlier after gaining 14.5 percent in July …Photo: LAN Cargo
Sep-09-2010 | More »
BA-Iberia Plan Highlights Asian Airline Prey
The acquisition plan outlined by British Airways and Iberia aims to land in Asia, with several viable companies waiting at the end of the runway …
Sep-09-2010 | More »
NASA Wants To Share Great Ideas
WASHINGTON — NASA is seeking information from potential partners who could provide no-cost brokerage services for intellectual propertytransactions, such as patent brokering, to help transfer NASA-ownedtechnologies into the U.S. marketplace.”Technology transfer always has been an important objective ofAmerica’s aeronautics and space program,” said NASA ChiefTechnologist Bobby Braun at NASA…
Sep-08-2010 | More »
Obama Plan Would Boost NextGen
By Kristin Majcher, Adrian Schofield While specific details are sorely lacking in President Obama’s new infrastructure investment proposal, it appears that increased funding of the NextGen program will be a higher priority than in previous stimulus spending efforts. Obama’s six-year plan, announced at a Sept. 6 speech in Milwaukee,…
Sep-08-2010 | More »
Investment Needed for NATO Missile Defenses
By Amy Butler NATO Secretary General Anders Fogh Rasmussen says his staff estimates that an alliance-wide territorial missile defense system would cost about €200 million ($245 million) over the next 10 years. This is above the €800 million ($1.2 billion) investment already required to field theater missile defenses designed to protect …
Sep-08-2010 | More »
Norwegian Air Passenger Numbers Up 28 Pct
Budget airline Norwegian Air Shuttle said it carried 28 percent more passengers in August than a year ago, but its yield fell …
Sep-08-2010 | More »
WTO Boeing Subsidies Ruling Expected Sept 15
The WTO will release a long-awaited ruling next week on whether US government support for Boeing violates global trade rules, sources familiar with the matter said …
Sep-08-2010 | More »
Thai Plane Searched In LA After Bomb Threat
Investigators found no evidence of a bomb aboard a Thai Airways flight on Tuesday after a written threat was discovered in a lavatory shortly before its arrival in Los Angeles, officials said …
Sep-08-2010 | More »
Ryanair Could Buy Up To 300 Aircraft
Ryanair, Europe’s biggest low-cost airline, could be in the market for up to 300 aircraft, the company’s chief executive was quoted as saying in an interview on Wednesday …
Sep-08-2010 | More »
Air Canada's Passenger Levels Flat, WestJet Down
Air Canada said on Tuesday passenger levels for August remained flat, while WestJet Airlines reported a lower load factor for the same month …
Sep-08-2010 | More »
Quit Delay Habit, ILFC Tells Jetmakers
Airbus and Boeing must deliver on their pledges and break with a growing pattern of delays, the head of the world’s largest plane leasing firm said on Tuesday …
Sep-08-2010 | More »
BA CEO Interested In Future Qantas Merger
British Airways would be interested in discussing a merger with Qantas Airways, if Australia’s top airline was a willing party, BA chief executive Willie Walsh said in a newspaper interview …
Sep-08-2010 | More »
SAS Traffic Up In August, Yields Uncertain
Scandinavian airline SAS said on Tuesday passenger traffic rose 7 percent in August from a year earlier adding the outlook for yields remained uncertain …
Sep-08-2010 | More »
Air France-KLM August Traffic Falls 1.2 Pct
Passenger traffic at Air France-KLM in August fell for the first time since it was hit by the Icelandic volcanic ash cloud in April but said the trend in forward bookings was positive …Photo: Philippe Noret
Sep-08-2010 | More »
Tropical Storm Hermine to Affect Texas Flights
Customers traveling to impacted cities may reschedule without penalty; continental.com provides latest flight information and operations summaryHOUSTON, Sept. 7 /PRNewswire-FirstCall/ — Continental Airlines (NYSE: CAL) announced travel options for customers whose flight plans may be affected by Tropical Storm Hermine.Storm conditions are expected to make air travel difficult in Texas, forcing…
Sep-08-2010 | More »
Teamsters, US Airways Pilots Announce Strategic Alliance
Alliance Strengthens Leverage for Safety Initiatives, Standard ContractWASHINGTON, Sept. 7 /PRNewswire-USNewswire/ — The Teamsters Airline Division has formed a strategic alliance with the US Airline Pilots Association (USAPA), which represents 5,200 pilots who fly for US Airways. The alliance will strengthen efforts to win an industry standard contract, bankruptcy reform, Railway Labor Act…
Sep-08-2010 | More »
Great Lakes Aviation, Ltd. Reports August 2010 Traffic
CHEYENNE, Wyo., Sept. 7 /PRNewswire/ — Great Lakes Aviation, Ltd. (OTC Bulletin Board: GLUX) today announced preliminary passenger traffic results for the month of August 2010.Great Lakes is providing scheduled passenger service at 59 airports in fifteen states with a fleet of Embraer EMB-120 Brasilias and Raytheon/Beech 1900D regional airliners. Additional information is available at…
Sep-08-2010 | More »
Copa Holdings Announces Monthly Traffic Statistics for August 2010
PANAMA CITY, Sept. 7 /PRNewswire/ — Copa Holdings, S.A. (NYSE:CPA) , and its Copa Airlines and Aero Republica operating subsidiaries, today released preliminary passenger traffic statistics for August 2010.For the month of August 2010, Copa Holdings’ system-wide passenger traffic (RPM) increased 12.2%, while capacity (ASM) increased 13.5%. System load factor for August 2010 was 75.0%, a 0.9…
Sep-08-2010 | More »
JetBlue Airways Welcomes Aircraft Named 'All Blue Can Jet,' Introducing Latest Livery Design to the Fleet
— ‘Barcode’ becomes ninth tailfin design for the value airline –NEW YORK, Sept. 7 /PRNewswire/ — JetBlue Airways (NASDAQ:JBLU) today introduced its newest tailfin livery design, ‘Barcode,’ on the latest aircraft to join its fleet. The Airbus A320, appropriately named ‘All Blue Can Jet,’ was unveiled to hundreds of customers and All-You-Can-Jetters at its home port of John F. Kennedy…
Sep-08-2010 | More »
American Airlines to Begin Service Between Dallas/Fort Worth and Rio de Janeiro
New Three Days a Week Winter and Summer Seasonal Service Begins in DecemberFORT WORTH, Texas, Sept. 7 /PRNewswire/ — American Airlines, a founding member of the oneworld® alliance, today announced it will begin three days a week service between Dallas/Fort Worth (DFW), and Rio de Janeiro, Brazil (GIG) starting Dec. 16. The seasonal service will run through April 4, 2011, and then resume for the…
Sep-08-2010 | More »
S-70i(TM) BLACK HAWK Helicopter Debuts at MSPO Exhibition
Program continues on schedule with launch into global marketKIELCE, Poland, Sept. 7 /PRNewswire/ — The S-70i(TM) BLACK HAWK helicopter, the international variant of the BLACK HAWK helicopter, is on public display for the first time. Built at PZL Mielec, Sikorsky Aircraft’s company in Poland, the aircraft will be on static display at the MSPO exhibition through Sept. 9. Sikorsky Aircraft is a…
Sep-08-2010 | More »
NASA Scientists Talk About Asteroids Passing Near Earth Wednesday
WASHINGTON — Two asteroids will pass within the moon’s distance fromEarth on Wednesday, Sept. 8. NASA scientists will be available forsatellite interviews Tuesday, Sept. 7, and Wednesday morning todiscuss these near- Earth objects.The Catalina Sky Survey near Tucson, Ariz., discovered both objects onSunday, Sept. 5. The Minor Planet Center in Cambridge, Mass.,reviewed the observations and…
Sep-08-2010 | More »
NASA Loves A Good Challenge-Not Business As Usual
WASHINGTON — NASA’s pioneering use of prize competitions andinnovation challenges is a dramatic departure from government’straditional “business as usual.”The agency’s innovation and technology challenges include prizes thatencourage independent teams to race to achieve bold goals — withoutany upfront government funding. NASA benefits from private sectorinvestments many times greater than the…
Sep-08-2010 | More »
Boeing Begins Assembly of 1,000th 767
EVERETT, Wash., Sept. 7 /PRNewswire-FirstCall/ — Boeing (NYSE: BA) has begun assembly of the 1,000th 767 airplane at the factory in Everett, Wash. Mechanics took the first step in major assembly by loading the wing spar into the assembly tool. The spar is the internal support structure that runs through the full length of the wing. “This is an important milestone for the…
Sep-08-2010 | More »
Boeing Military Aircraft Realigns to Position for Future Growth
ST. LOUIS, Sept. 7, 2010 — The Boeing Company [NYSE: BA] today announced changes within its Boeing Military Aircraft (BMA) business, including consolidating the organization from six divisions to four, to continue to position the company for growth in the current business environment. The realignment of the organization will take effect on Oct. 1. The four new divisions are Global Strike,…
Sep-08-2010 | More »
Boeing Commercial Airplanes Marketing Director Magill to Speak at Gabelli Conference on Sept. 8
CHICAGO, Sept. 7 /PRNewswire-FirstCall/ — Boeing (NYSE: BA) Commercial Airplanes Marketing Director Drew Magill will speak at the Gabelli 16th Annual Aircraft Supplier Conference in New York on Wednesday, Sept. 8 from 12:30 p.m. -1:15 p.m. ET (11:30 a.m. -12:15 p.m. CT). Visit http://www.boeing.com/companyoffices/financial/ or http://www.wsw.com/webcast/gabelli35/ba/ to access a link to the…
Sep-08-2010 | More »
Concepts For Asteroid Missions Proposed
By Mark Carreau, Frank Morring, Jr.Houston, Washington President Barack Obama’s call for a mission to send astronauts to an asteroid has scientists and engineers pondering just what it would take. While Congress and the White House have yet to settle on an exploration policy to replace the Bush administration’s lunar-return goal, the…
Sep-08-2010 | More »
Australian Court May Cost Airlines Millions
By Adrian Schofield adrian_schofield@aviationweek.comAuckland Qantas and other carriers will now have no choice but to pay millions in retroactive commissions to travel agents after an Australian court denied a Qantas appeal of an earlier ruling in the agents’ favor. The Australian High Court on Sept. 3 upheld a Federal Court decision faulting…
Sep-08-2010 | More »
U.S. Aerospace Files Second KC-X Protest
By Amy Butler U.S. Aerospace, the bidder kicked out of the U.S. Air Force’s KC-135 replacement competition for allegedly submitting its proposal late, has filed a second protest of the service’s decision not to let the company compete for the $35 billion program. The U.S. Government Accountability Office (GAO), which conducts bid-protest…

Sep-08-2010 | More »

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