Delta December PRASM down 5%
Delta Air Lines (NYSE: DAL) said it has reported financial and operating performance for December 2015.Consolidated passenger unit revenue (PRASM) for the month of December declined 5.0 percent year over…
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Horizon Air promotes key leaders
Horizon Air said that Ali Donway has been named Horizon´s managing director and chief pilot after she successfully served in this role on an interim basis for the last several…
ASUR December traffic up 8.5%
Mexico-based privatized airport group Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR) said that total passenger traffic for December 2015 increased by 8.5 percent when compared to…
GE Aviation acquires Woodward's equity interest in JV for USD 250m
Woodward, Inc. (NASDAQ: WWD) and GE Aviation said they have created the large engine fuel systems joint venture announced on May 20, 2015.Under terms of the agreements, Woodward has received…
Lockheed Martin gets USD 528m THAAD missile-defense contract
The Missile Defense Agency said it has awarded Lockheed Martin (NYSE: LMT) a USD 528 million contract for production and delivery of interceptors for the Terminal High Altitude Area Defense…
Hawaiian Airlines names new country director – South Korea
Hawaiian Airlines has appointed Soojin Yu to the position of country director and chief representative for South Korea, the company said.Soojin will oversee general management of Hawaiian´s commercial activities in…
Praxair merges 2 joint venture operations
Praxair, Inc. (NYSE: PX) subsidiary Praxair Distribution, Inc. has merged its two joint venture companies operating in the southeastern US.Financial terms of the transaction were not disclosed.The transaction involves merging…
BAE Systems gets USD 20m contract from USSOCOM
BAE Systems said it has been selected by the US Special Operations Command (USSOCOM) to develop a new electronic warfare system for the fleet of C-130J aircraft.The contract, worth more…
LMI Aerospace corporate development, strategy president to retire in 2016
LMI Aerospace Inc. (NASDAQ: LMIA) said its President of Corporate Development & Strategy Lawrence E. "Ed" Dickinson III, plans to retire by the end of the second quarter of 2016.Dickinson…
Aviation Capital Group expands unsecured revolving credit facility
Aviation Capital Group has increased its senior unsecured revolving credit facility with DBS Bank Ltd. as administrative agent by USD 60 million to USD 220 million and extended the maturity…
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