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American Airlines Offered Merger Deal
AMR Corp, the parent company of American Airlines has been offered a deal to merge by US Airways. The merger deal has placed a value of the two airlines combined at more than $8.5 billion. While American pilots were busy voting to... More of this article »
Boeing (BA) Stock Refills Pair of Price Gaps
The Boeing Company (NYSE:BA) stock has successfully refilled not one, but two price gaps today during intraday trading. BA like many stocks has a tendency to reclaim old voids in price even if it may take a long while, such as the... More of this article »
All Nippon Airways Chooses Air BP Turbo Oils for 787 Dreamliner
All Nippon Airways (TYO:9202) today formally agreed to use lubricants made by Air BP for use in their 787 Dreamliner. ANA is Japan’s largest airliner and Air BP is the specialized aviation division of BP (NYSE:BP), providing... More of this article »
Boeing (BA) Completes Delivery of 24 RAAF Super Hornets
The Boeing Company (NYSE:BA) announced today that they have delivered four F/A-18F Super Hornets to the Royal Australian Air Force (RAAF) not only ahead of schedule, but on budget as well. Preemptive-delivery of Super Hornets to the... More of this article »
GE Capital Aviation Orders Six EMBRAER E190’s
GE Capital Aviation Services (or, GECAS) announced today that they have placed an order with Embraer for six of their E190 aircraft. GECAS already has 93 E-Jets of all different kinds on lease, this will only further their standing... More of this article »
Indian Navy-Bound Boeing P-8I Successfully Makes First Flight
Boeing successfully flew a Indian Navy-bound P-81 for the first time today as it lifted off from Renton Field at 12:02 P.M. PST. The large aircraft was airborne for two hours, 31 minutes until landing at Boeing Field in Seattle, WA. While... More of this article »
Lockheed Martin Boosts Dividend & Raises Share Repurchase
Lockheed Martin today stated that they would increase their quarterly dividend by a third and that they would also raise their shares repurchase authority by $2.5 billion dollars. The upcoming fourth quarter of 2011 dividend has been... More of this article »
Indonesia’s Lion Air Receives 50th 737-900ER from Boeing
Boeing announced today that they have delivered the 50th 737-900ER aircraft to Indonesia’s Lion Air. Lion Air is Indonesia’s largest private airline and the ‘ER’ designation in the 737-900ER aircraft model name... More of this article »
Lockheed Martin Wins $100.5 Million LGB Contract
Lockheed Martin announced today that they have won a $100.5 million dollar laser-guided bomb contract. The contract is signed with the United States Air Force who will receive paveway II Plus Laser Guided Bomb (LGB) GBU-12 guidance... More of this article »
Boeing Improves Fuel Efficiency in Single Isle Aircraft Market
Boeing is to improve the fuel efficiency in single isle aircraft with the advent of their new 737 engine family. The new engines will also be available to retrofit into existing 496 aircraft, too. In a company report, a Boeing representative... More of this article »
Skymark Airlines Takes Delivery of Two Boeing 737-800’s
Japanese flight carrier, Skymark Airlines, has received delivery of a pair of new Boeing 737-800 aircraft. GE Capital Aviation Services Limited (GECAS) announced delivery of the pair of Boeing 737-800 aircraft today in a statement. ... More of this article »