FLYHT wins USD 1.3m contract with Chinese customer
FLYHT Aerospace Solutions Ltd. (TSX VENTURE: FLY) (OTCQX: FLYLF) has entered a contract valued at approximately USD USD 1.3m with an existing customer in the People´s Republic of China for…
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VistaJet US flights increase 137% in in 2016
Global aviation service VistaJet, an alternative to full or fractional aircraft ownership, has reported the number of US flight bookings in 2016 grew by 137% YoY across the VistaJet owned…
Federal judge finds Flexjet, Flight Options failed to bargain in good faith with pilots
A federal judge in the US District Court for the Northern District of Ohio has ordered Flexjet and Flight Options to bargain in good faith with more than 600 Teamster…
Delta adds new board member
Delta Air Lines (NYSE: DAL) board of directors has added Jeanne P. Jackson as its newest member, effective immediately, the airline said. Jackson is senior strategic advisor to the chief…
Southwest Airlines reports record annual profit
Southwest Airlines Co. (NYSE: LUV) has reported record annual net income of USD 2.24 billion, or USD 3.55 per diluted share, compared with 2015 net income of USD 2.18 billion,…
Boeing reports 2016 Q4, FY results
The Boeing Company [NYSE: BA] reported fourth-quarter revenue of USD 23.3 billion with GAAP earnings per share of USD 2.59 and core earnings per share (non-GAAP) of USD 2.47 reflecting…
Triumph wins USD 52m Rolls Royce contract for Trent engine components
Berwyn, Pennsylvania-based Triumph Group, Inc. (NYSE:TGI) has finalized an 8 year agreement with Rolls Royce to supply thrust links for the Trent XWB engine program, the company said. Triumph Precision…
CAE wins CAD 250m in aviation training contracts
CAE has announced a series of aviation training contracts valued at more than CAD 250m with airlines and business aircraft operators worldwide, the company said. The contracts span CAE´s commercial…
PM&E reports USD 10m funding
Aircraft manufacturer PM&E, Inc. (OTC PINK: PMEA) has secured a USD 10m dollar funding package through GPL Ventures, LLC to support the company´s aggressive growth and expansion plans, the company…
Rockwell Collins Q1 sales up 2% YoY
Rockwell Collins, Inc. (NYSE: COL) has reported sales for the first quarter of fiscal year 2017 of USD 1.2bn, a 2% increase from the same period in fiscal year 2016,…
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