British plane parts maker GKN has won contracts to make components for Rolls-Royce and General Electric aircraft engines and parts for Airbus's new A350 XWB plane.
Under a deal worth USD$300 million to GKN, the company will make tail bearings for Rolls' Trent 700 and 1000 model engines at its El Cajon facility in California until 2020.
GKN also said it had signed a five-year deal worth USD$300 million with GE Aviation to supply aluminium and titanium components for a range of commercial and military aircraft engines.
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Thursday, July 28, 2011
Tuesday, July 20, 2010
Air Lingus: Save up to 50% on fares to Ireland, every seat, every flight, every day!
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Monday, July 19, 2010
Air Canada week offers
Toronto - Baie Comeau $211
Toronto - Bathurst $159
Toronto - Calgary $199
Toronto - Castlegar $402
Toronto - Charlottetown $139
Embraer Sells 7 Jets To Brazilian Carriers
Embraer said on Monday it sold seven commercial planes to Brazilian airlines Azul and Trip for about USD$291 million, underscoring a gradual recovery in demand for new jets.
Embraer sold five of its ERJ-195 models to Azul, a low-cost airline, for USD$211 million, it said in a statement.
It sold two of its ERJ-190 jets to Trip for USD$80 million, the statement added. The sales had been booked in the company's firm order backlog for the second quarter of 2010, the statement said.
Embraer sold five of its ERJ-195 models to Azul, a low-cost airline, for USD$211 million, it said in a statement.
It sold two of its ERJ-190 jets to Trip for USD$80 million, the statement added. The sales had been booked in the company's firm order backlog for the second quarter of 2010, the statement said.
Delta Posts Profit But Shares Fall
Delta Air Lines posted a better-than-expected second-quarter profit on Monday, but revenue missed expectations and its shares fell.
The company's third-quarter outlook raised concerns about the strength of the recovery for airlines, which are widely expected to post better results as travel demand improves from recession weakness. Other carriers' shares were also off.
The company's third-quarter outlook raised concerns about the strength of the recovery for airlines, which are widely expected to post better results as travel demand improves from recession weakness. Other carriers' shares were also off.
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