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Link to the original site No tags for this post. – Second-quarter revenue rose 1 percent to $17.2 billion Link to the original site No tags for this post. Bombardier today announced the delivery into service of the first Global 5000 business jet in mainland China to Reignwood Group, a Beijing-based corporation with worldwide operations. Link to the original site No tags for this post. Continental Airlines reported a second-quarter net loss of $213 million, widened from a $5 million deficit in the year-ago quarter, and announced it will cut 1,700 additional jobs “across the company” to mitigate the impact of “significant declines in high-yield traffic.” Link to the original site No tags for this post. United Airlines parent UAL Corp. posted a second-quarter net profit of $28 million largely owing to $305 million in noncash mark-to-market fuel hedge gains, much improved over a $2.74 billion loss in the year-ago period when goodwill impairment charges dragged down the bottom line. Link to the original site No tags for this post. Southwest Airlines returned to profit after three consecutive quarters in the red, earning $54 million in the second quarter ended June 30, down 83.2% from $321 million in the year-ago period, although it warned that “based on weak travel demand and fuel price volatility, we cannot predict a profitable third quarter 2009.” Link to the [...] Ryanair will reduce winter schedule capacity at London Stansted by 40%, operating just 24 aircraft from the airport compared to the present 40. Link to the original site No tags for this post.
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Link to the original site No tags for this post. Link to the original site No tags for this post. In a report on the on-demand Part 135 charter industry issued last week, the Department of Transportation Inspector General (IG) concluded that the “FAA does not effectively target inspections to higher-risk on-demand operators” nor provide enough inspector oversight of charter operators in comparison with Part 121 airlines. The IG suggests that if Part 135 on-demand [...] Bombardier Aerospace yesterday said its Learjet 85 program is quickly progressing, having reached several product development milestones, including fabrication of the second proof-of-concept, all-composite fuselage and the successful completion of all wind-tunnel testing. The Learjet 85’s all-composite wing development is also “progressing steadily,” with a proof-of-concept wing demonstrator under way. “We have completed over 60 [...] The FAA yesterday announced that air traffic controller operational error reporting is moving away from a punitive system to “one in which understanding why operational errors occur and how to prevent them takes precedent.” Most notably, operational error reports will not include the name of the controller involved in the incident, a move meant to [...] The NTSB on Friday issued six recommendations stemming from the Sept. 19, 2008 overrun crash of a Learjet 60. In that accident, the Learjet 60’s pilots attempted to abort the high-speed takeoff after a tire burst, according to the Safety Board. The Learjet hit an embankment and a post-crash fire ensued, killing two crewmembers and [...] |
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