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EADS Underscores Commitment To US Production
May 11, 2008
Europe's EADS said on Friday its on-time and on-cost deliveries of light utility helicopters to the US Army underscored the company's long-term commitment to producing aircraft in the United States, despite concerns raised by some US lawmakers.
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Aircastle Q1 Profit Up 50 Percent
May 10, 2008
Aircastle, an aircraft leasing company, posted a 50 percent jump in quarterly profit, helped in part by growth in its aviation assets.
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Rolls Royce Q1 Orders Worth Almost USD$15 Bln
May 8, 2008
British engine maker Rolls-Royce said 2008 had started well with first-quarter orders worth almost USD$15 billion, helped by strong oil and gas markets and continued growth in defence.
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Embraer Sees Smaller Orders As Fuel Soars
May 8, 2008
Brazilian aircraft maker Embraer is not bracing for any order cancellations because of high jet fuel prices but does expect the surge to limit the size of future orders, a company executive said on Wednesday.
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Embraer Q1 Profit Up 8 Percent
May 7, 2008
Brazilian aircraft maker Embraer said on Tuesday its first-quarter net profit rose 8 percent on higher sales from the year-ago period, but a strong local currency weighed on the results.
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Latecoere May Cut Jobs After Airbus Deal Fails
May 7, 2008
French aerospace group Latecoere said on Thursday that failure to buy two French factories from Airbus and the tough economic environment would force it to scale back its French business.
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Senate Wrangling Derails US Air Traffic Overhaul Bill
May 7, 2008
A bill to modernize the US air traffic system, increase safety oversight and improve customer service was derailed on Tuesday by US Senate wrangling over attempts to include unrelated measures.
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Airbus Dogged By A380 Delays, Factory Sale Trouble
May 6, 2008
Airbus suffered a double blow on Tuesday as airlines warned they faced further delays on delivery of the A380 superjumbo and a new hitch developed with the plane maker's cost-saving plans.
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FAA Failed To Perform Many Safety Reviews - Report
May 6, 2008
The US Federal Aviation Administration did not perform several recommended safety reviews at major carriers in recent years, the Wall Street Journal said on Tuesday, citing a recent evaluation by the agency.
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Airbus Says Possible A380 Delay Next Year - Emirates
May 6, 2008
Dubai airline Emirates, the biggest customer for Airbus's A380 aircraft, said the European plane maker notified that it may face further delays in the delivery of the world's largest passenger plane.
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Boeing Finalizes USD$2.2 Bln Iraq Plane Sale
May 5, 2008
Boeing said on Monday it sealed a USD$2.2 billion airliner order with the government of Iraq, as the country looks to ramp up commercial flights in the region.
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Airbus Talks On Site Sales May End, A380 Delays - Report
May 4, 2008
Airbus may run into problems selling some of its factory sites, and could be forced to further delay some deliveries on its A380 superjumbo, according to German media reports.
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Boeing Denies Media Report On 787 Delivery Delay
May 4, 2008
Boeing denied a German media report on Saturday it had informed customers of another delay on its new 787 Dreamliner model.
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Russia To Fly Superjet In First Half Of May
May 2, 2008
Russia's long-delayed test flight for its first new airliner since the fall of the Soviet Union will take place in the first half of May, a source in Russia's state aircraft holding company said.
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Asiana To Buy 2 Boeing 777s
May 2, 2008
Asiana Airlines, South Korea's second-biggest carrier, said on Friday it would purchase two 777-200ER planes from Boeing for a combined basic price of USD$438 million.
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Airbus Pays Emirates Damages For A380 Delay
May 1, 2008
Airbus paid Dubai's Emirates USD$110 million during the last year in compensation for the late delivery of the A380, of which the Arab carrier is the largest customer, Emirates said.
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Boeing Lags Airbus In Plane Orders This Year
May 1, 2008
Boeing booked only 57 commercial plane orders in April, its lowest monthly total since October last year, and still lags rival Airbus in the race for sales this year.
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GE Gets USD$350 Mln Dubai Jet Engine Order
May 1, 2008
General Electric said on Wednesday that LCAL, a Dubai-based aircraft leasing company, has agreed to buy GEnx jet engines to power up to 13 of its aircraft.
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Start-Up Hopes Efficiency Can Save US Airlines
April 30, 2008
With some airlines even charging for peanuts to offset sharply higher fuel prices, a Seattle-based company wants to rescue struggling carriers by lowering jet fuel costs through more efficient landings.
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BBA Aviation Says Q1 As Expected, US Stabilizing
April 30, 2008
British aircraft maintenance company BBA Aviation said first-quarter trading met expectations and market conditions in North America appeared to be stabilizing, lifting its shares on Wednesday.
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