Paris – Dispenser for Globalstar constellation declared flight worthy
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Fokker the airframer is long gone, but out-of-production aircraft are a growth business
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Republic Airways Holdings, fresh off reporting another profitable year with net income of $39.7 million, yesterday placed a firm order for 40 CSeries aircraft valued at $3.06 billion.
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Iberia Group ended what may be its final year as an independent carrier on a sour note, reporting a consolidated net loss of €273 million ($369.8 million) for 2009, reversed from a €32 million surplus the prior year.
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AirAsia earned a MYR549.1 million ($161.1 million) profit in 2009, reversed from a restated MYR496.6 million loss in 2008, as it opened four new bases and grew market share “in every market we serve,” according to CEO Tony Fernandes.
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Air China and Cathay Pacific Airways yesterday signed a framework agreement in Beijing establishing a jointly owned, Shanghai-based cargo airline built on the assets of Air China Cargo.
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