Contracts & Deliveries

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Lockheed Martin Delivers 2300th C-130; Marine Corps Receives Milestone Aircraft

Nov. 29

Lockheed Martin (NYSE: LMT) delivered the 2300th C-130 Hercules built at its facility in Marietta, Georgia, in ceremonies today. The milestone aircraft, a KC-130J Super Hercules tanker for the United States Marine Corps, was accepted by Maj. Gen. Samuel T. Helland, Commanding General of the Third Marine Aircraft Wing at MCAS Miramar, Calif. The Marine Corps has taken delivery of 24 KC-130J Tankers, six of which are currently deployed to Iraq in support of ongoing combat operations.
"The Third Marine Aircraft Wing and I are extremely pleased to accept our 12th KC-130J at MCAS Miramar," said Maj. Gen. Helland at today's ceremony. "The KC-130J is a magnificent reminder of the close relationship between the United States Marine Corps and Lockheed Martin and, with its great service record, it will continue to provide tireless combat support to the Marine Corps and our warriors forward deployed."
Regarded as the U.S. Air Force's premier intratheater airlifter, the C-130J Super Hercules is the most advanced airlifter available on the world market. Features of the Super Hercules include its extended range with greater thrust under all conditions, high-elevation/hot-temperature performance, enhanced situational awareness, enhanced defensive systems, and significant operational flexibility. Redesigned and improved to operate in demanding environments, the C-130J delivers a unique mix of excellent high altitude/hot climate and short take-off and landing/soft field performance for intra- theater operations.
The C-130 production line in Marietta is the longest continuously operating military aircraft production line in history. The C-130 has been in continuous production for more than 50 years. The J model is the fifth major production variant of this versatile airlifter.
"With many countries looking for new airlift fleets, the C-130J is the only affordable option for many, as it can complete both tactical and strategic missions," says David Haines, Lockheed Martin vice president for C-130 programs. "In the United States, the C-130J is ideally positioned to become the next aircraft to modernize the special operations fleets and the aging C-130 combat delivery fleets."
Few aircraft have earned the description "legendary." However, the C-130, named Hercules from the mythical Greek hero renowned for his great strength, has become a true, real-world legend. These multi-mission airlifters are flown by more than 60 nations worldwide, in more than 70 variants. There is no airlift mission the C-130 has not flown. It carries troops, vehicles and armaments into battle; airdrops paratroopers and supplies; serves as airborne and ground refuelers; provides emergency evacuation and humanitarian relief; and conducts airborne early warning, maritime surveillance and special missions. It has recovered space capsules, and worn skis in Antarctica. Many of the earliest C-130s are still active today after surviving the toughest flights, the roughest landings and the constant pounding of heavy cargo.
In the U.S., Air Force Reserve Command, Air Education and Training Command and Air National Guard units fly C-130Js. The Marine Corps operates KC-130J tankers and the Coast Guard flies the HC-130J, which saw extensive service in 2005 during Hurricanes Katrina and Rita relief efforts. International C-130J operators include the Royal Air Force, Royal Australian Air Force, Italian Air Force and the Royal Danish Air Force.
Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2005 sales of $37.2 billion.

For additional information, visit our Website: http://www.lockheedmartin.com

SOURCE Lockheed Martin Aeronautics Company
 
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Boeing Business Jets Delivers Its 100th Green Airplane

Nov. 29

Boeing (NYSE: BA) Business Jets today delivered its 100th "green" (unfurnished) airplane. Representatives of the government of India accepted the milestone airplane at the Boeing Delivery Center in Seattle. "One hundred business jets delivered in 10 years is an amazing testament to the BBJ's wide market appeal and the great work of the Boeing
team members who design, sell, build and support these airplanes," said Steven Hill, president of Boeing Business Jets.
Boeing delivers VIP airplanes in so-called "green" condition, meaning the airplane does not have interior furnishings or exterior paint. Customers then work with designers and interior completion centers to install an interior that exactly matches the owner's preferences and needs.
About 35 percent of BBJs ordered are for government heads of state and are typically designed to seat between 25 to 50 passengers. The Indian Government BBJ will be completed at PATS Aircraft completion center in Delaware, a wholly owned subsidiary of DeCrane Aircraft. PATS Aircraft will install an interior that includes a stateroom, meeting room, communications center and seating for 48 passengers. The jet is the first of three on
order. The BBJs will replace the government's existing fleet of 737-200s.
"The Boeing Company is honored that the Government of India has utilized the 737 Boeing Business Jet for the transportation of VVIPs and heads of state," said Dinesh Keskar, Boeing Commercial Airplanes' vice president of Sales. "The delivery of this airplane will continue to build upon our long- term partnership and we are extremely pleased that the BBJ will be a part of that great future."
Boeing Business Jets is a joint venture with General Electric, launched in July 1996 to respond to market demand for a larger, more capable business airplane that can fly more than 6,000 nautical miles (11,110 kilometers).
The BBJ is a high-performance derivative of the commercially popular Next- Generation 737-700. Providing unsurpassed levels of space, comfort and utility, the BBJ cabin offers 807 square feet (75 square meters) of space, nearly three times the interior space of competing models with similar range capability.
In addition to the 737-based BBJ, BBJ 2 and BBJ 3, Boeing Business Jets also offers VIP versions of the 747-8, 767, 777 and 787. Boeing Business Jets' order book stands at 124 jets including 99 BBJs, 14 BBJ 2s, two BBJ 3s and nine widebody VIP airplanes. For more about Boeing Business Jets, visit: http://www.boeing.com/commercial/bbj/html/index_html.html .

SOURCE Boeing Co.
 
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KLM Orders 21 Blended Winglet(TM) Systems for Boeing 737-800 Fleet

Aviation Partners Boeing Blended Winglet Technology Saves Fuel - Provides Environmental Benefits

Nov. 29

KLM receives the first of 7 Boeing 737-800 Performance Enhancing Aviation Partners Boeing Blended Winglet Systems, as Buyer Furnished Equipment (BFE), in March 2007 and will retrofit 14 737-800s between October 2007 and February 2008. With anticipated overall aerodynamic improvement, KLM looks forward to potential fuel savings of 96,000 gallons (365,000 liters) per aircraft per year with Aviation Partners Boeing patented Blended Winglets* Visible Technology.
"We're extremely pleased that KLM has made the decision to equip its entire fleet of 737-NGs with our technology," says Aviation Partners Boeing CEO John Reimers. "Not long ago, KLM Group subsidiary Transavia completed a 100% fleet upgrade to Blended Winglets and is enjoying performance and environmental benefits that are nothing short of compelling. This very successful experience helped confirm the benefits of Blended Winglet Technology to KLM."
While Blended Winglet fuel savings are truly dramatic, with payback on investment typically less than 3 years, environmental benefits of Aviation Partners Boeing technology are also compelling.
"Reduced noise and engine emission benefits of Blended Winglet Technology are important attributes, particularly in Amsterdam and within Europe," says Aviation Partners Sales Director Christopher Stafford. "Following upgrade to Blended Winglets, KLM's 737s will have a 6.5% reduced noise footprint on takeoff and engine emissions such as carbon dioxide and nitrous oxides will be reduced on the order of 5%. This decision fits in KLM's Corporate Social Responsibility policy to invest in environmental protection that goes beyond regulatory compliance and to introduce the best available technologies in KLM's fleet renewal."
By year-end 2006, over 1500 Blended Winglet Shipsets will be in service with over 100 airlines in more than 40 countries on 6 continents. Currently, 65% of in-service fleet of 737-700s, and 57% of in-service 737-800s, are Blended Winglet Equipped. By the year 2010, with over 4500 airliners upgraded, Blended Winglet Technology will have saved commercial
airlines over 2 billion gallons of fuel.

http://www.aviationpartnersboeing.com

SOURCE Aviation Partners Boeing
 
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Aeroflot, Dalavia And Sakhalin Airlines Propose To Establish Far-East Aviation Company

Nov. 20

Aviation company JSC "Aeroflot", FGUP "Dalavia", JSC "Sakhalin Airlines" have decided to combine their efforts to create in the Far-east Federal District a big competitive aviation company, capable to offer transportation services on both regional and international directions and with the fleet consisting of modern airplanes.

For the parties to the agreement consolidation of regional companies on a basis of JSC "Aeroflot" seems to be the one and only real opportunity to ensure proper competitive level, financial and technical enhancement of regional carriers without reduction of number of workplaces, and in terms of provisioning of Far-East region residents with reliable aviation transportation and increasing of tax revenues.

According the statement of General Director of JSC "Aeroflot" Valeriy Okulov, "…purpose of this consolidation is to develop the air transportation business in the region. Development and widening of the regional and long-distance aviation conveyances is expected to be based on establishing of large scale transportation hub in Khabarovsk city, further broadening of internal and transfer passenger flow, renewal of the aircraft fleet, development of internal and international flight networks. Aeroflot possesses the modern airplane fleet. the company is the member of Sky Team international alliance, we are about to finish construction of 9 million terminal in Sheremetyevo airport, and we are prepared to invest both the money and the technologies in creation of large scale local aviation company, which would be quite competitive both on domestic and international markets".

Following the statement made by Director of FGUP "Dalavia" Pavel Sevastyanov, "… the process of enlargement of aviation enterprises is unavoidable. The experience of joint operation of Khabarovsk - Moscow line, powered together with Aeroflot, has demonstrated the real perspectives in enhancing of the efficiency of aviation conveyances, and it has also demonstrated the real opportunities in strengthening of partnership and renewing of aircraft fleet".

"Engagement of Aeroflot in this project would ensure the most modern level of technologies, services and safety, as well as to build the really effective flight network. United aviation company will be able to provide not just additional employment and higher tax revenues for the region, but will facilitate in resolving of common state level tasks…", said General Director of JSC "Sakhalin Airlines" Konstantin Sukhorebrik.

In 2005 JSC "Aeroflot" delivered 6.8 million passengers to 89 destinations in 47 countries of the world. Aircraft fleet of the company consists of 86 airplanes, manufactured both in Russia and in the West.

FGUP "Dalavia" delivered 576 thousand passengers. The company makes flights to 25 destinations, aircraft fleet consists of 30 airplanes (primarily Tupolev -214, Tupolev -154M, Antonov-24 and Antonov-12).

SOURCE Aviation company JSC "Aeroflot"
JSC "Sakhalin Airlines" (100% of shares belong to the government) served 111,5 thousand passengers. Company has 12 airplanes (Boeing 737, Dash 8, Antonov-24 and Antonov-12).
 
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Hawaiian Announces Aircraft Purchase / Lease Agreement With AWAS

Nov. 30

Hawaiian Holdings, Inc. (Amex: HA; PCX) ("Holdings" or "Company"), parent company of Hawaiian Airlines, Inc. ("Hawaiian"), today announced that it has signed a letter of intent to purchase three of the seven Boeing 767-300ER aircraft it currently leases from an affiliate of AWAS Aviation Services, Inc. ("AWAS") and has amended the lease agreements for the remaining four aircraft leased from AWAS. The aircraft purchases, which are subject to financing, are expected to close during December 2006.
Hawaiian's previous long-term lease agreements with AWAS contained language that allowed AWAS to exercise early termination options beginning in 2007. The amended leases remove this provision, shorten the terms of the leases and adjust the lease rates.
"We are extremely pleased to have reached this agreement with AWAS which provides both near-term certainty by removing the call options on our aircraft, and medium-term flexibility by shortening the lease terms on the remaining four aircraft," said Mark Dunkerley, president and chief executive officer. "We believe both developments are positive for Hawaiian, our employees, and our shareholders as we can now begin to focus on a comprehensive fleet plan for the future."
Forward Looking Statements:
The foregoing information contains certain forward-looking statements that reflect the Company's current views with respect to certain current and future events and financial performance. These forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the Company's operations and business environment which may cause the Company's actual results to be materially different from any future results, expressed or implied, in these forward-looking statements. Any forward-looking statements in this release are based upon information available to the Company on the date of this release. The Company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any statements expressed or implied therein will not be realized. Additional information on risk factors that could potentially affect the Company's financial results may be found in the Company's filings with the Securities and Exchange Commission.

SOURCE Hawaiian Holdings, Inc.
 
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Boeing and Lockheed Martin Complete United Launch Alliance Transaction

Dec. 1

The Boeing Company (NYSE: BA) and Lockheed Martin Corporation (NYSE: LMT) today announced that they have completed the transaction combining their expendable launch vehicle businesses, forming the joint venture called United Launch Alliance, LLC (ULA). ULA will combine the production, engineering, test and launch operations associated with U.S. government launches of Boeing Delta and Lockheed Martin Atlas rockets. The proposed joint venture was first announced in May 2005.
"With this merger we have combined the launch capabilities of Boeing and Lockheed Martin to create a very capable family of rockets that will support our country's space needs for the 21st century," said Boeing Chairman, President and CEO Jim McNerney. "I am grateful to all of the employees who have remained focused on mission success and continued to deliver to our customer despite the distractions of the merger process."
"On behalf of all Lockheed Martin employees and shareholders, I would like to thank the many government agencies that were involved in reviewing this very complex and important transaction," said Bob Stevens, Lockheed Martin Chairman, President and CEO. "Formation of ULA is essential if our country is to meet its requirements for assured access to space in the 21st century. I have the fullest confidence that ULA and its employees will meet our country's launch needs in a cost effective and reliable manner. This is clearly an important day for our nation."
Michael C. Gass has been named ULA president and chief executive officer and Daniel J. Collins has been named chief operating officer. ULA will be headquartered in Denver where most engineering and administrative activities will be consolidated. Major assembly and integration operations will be located primarily at Delta's manufacturing and assembly facility in Decatur, Ala.
Boeing is the world's largest combined manufacturer of commercial jetliners and military aircraft with additional capabilities in rotorcraft, electronic and defense systems, missiles, satellites, launch vehicles, and advanced information and communication systems. Headquartered in Chicago, Boeing employs more than 156,000 employees in 48 U.S. states and 67 countries. Total company revenues for 2005 were $54.8 billion.
Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2005 sales of $37.2 billion.
Forward-Looking Information is Subject to Risk and Uncertainty
Certain statements contained in this press release are considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and it is the intent of The Boeing Company that such statements be protected by the safe harbor created thereby. Words such as "expects," "believes," "will" and similar expressions are used to identify forward-looking statements. These forward-looking statements are subject to a number of risks, uncertainties and other factors that could
cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Forward-looking statements are based upon assumptions as to future events that may not prove to be accurate. Actual outcomes and results may differ materially from what is expressed or forecasted in these forward-looking statements. As a result, these statements speak only as of the date they were made and we undertake no obligation to publicly update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise. Potential risks and uncertainties include, but are not limited to the risk that the cost savings arising out of the transaction may be less than anticipated and other risks and uncertainties detailed from time to time in the company's filings with the Securities and Exchange Commission.

SOURCE The Boeing Company; Lockheed Martin Corporation
 
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Pratt & Whitney and Turkish Airlines Technic Partner to Build New V2500 and CFM56(R) Engine Overhaul Center

Dec. 4

Pratt & Whitney, a United Technologies Corp. company (NYSE: UTX), and Turkish Airlines Technic Inc., a Turkish Airlines company (ISE:THYAO), today signed a Memorandum of Understanding (MOU) to build a major aircraft engine overhaul at Sabiha
Gokcen International Airport, Istanbul. The new facility will be Pratt & Whitney's eighth commercial engine overhaul center. Financial terms of the agreement were not disclosed.
"We consider the Memorandum of Understanding to be the first step towards a potential success story by joining the expertise of Turkish Technic, a new, independent Maintenance, Repair, Overhaul (MRO) company that has emerged from an experienced airline MRO center, and Pratt & Whitney, an engine Original Equipment Manufacturer (OEM) and an independent engine MRO," said Dr. Ismail Demir, general manager, Turkish Technic Inc. "This initiative is in line with our strategy of becoming a preferred, well-known, customer-focused maintenance organization with exceptional quality and service within its region."
Through the joint venture, the companies plan to service customers operating both CFM56(R) and V2500 engines. Once fully operational, the overhaul center is expected to overhaul up to 200 engines per year. Groundbreaking for the new facility is expected in 2007.
"Pratt & Whitney is delighted to take the first step toward building a leading, world-class facility in Turkey with our valued partner, Turkish Technic," said Jim Keenan, senior vice president and general manager, Pratt & Whitney Global Service Partners. "Their operations and maintenance experience combined with Pratt & Whitney's engine MRO expertise will create an excellent maintenance choice for our customers.
"This initiative supports Pratt & Whitney Global Service Partners' strategy to partner with outstanding MRO providers in delivering unmatched service capabilities to our worldwide customers," Keenan said.
Turkish Airlines Technic Inc., a subsidary of Turkish Airlines, is the leading maintenance center in its region, providing MRO services for Boeing and Airbus airframe, engine, auxiliary power units, landing gear and components. Turkish Airlines Technic Inc. serves more than 100 airlines in Europe, the Middle East, Northern Africa, Turkey and the Commonwealth of Independent States (CIS), with its maintenance base in Istanbul and highly qualified workforce of more than 3,000 personnel.
Global Service Partners, Pratt & Whitney's engine services business, is an industry leader in customer solutions and service excellence. It has more than 500 aviation customers served by a worldwide network of 24 overhaul and repair facilities capable of servicing all Pratt & Whitney engines, as well as the V2500 and CFM56(R) engines. In addition to overhaul and repair services, customers count on Pratt & Whitney Global Service Partners to provide on-wing repair services, advanced engine monitoring and
diagnostics, competitive engine lease programs and custom engine service programs.
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines. United Technologies, based in Hartford, Conn., is a diversified company providing high technology products and services to the global aerospace and commercial building industries.

SOURCE Pratt & Whitney
 
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Aerojet Selected by Air Force as Finalist to Develop New Booster Engine

Dec. 4

Aerojet, a GenCorp Inc. (NYSE: GY) company, announced today the company was selected to negotiate a contract award totaling $109 million from the Air Force Research Laboratory Propulsion Directorate (AFRL-PR) at Edwards Air Force Base, Calif. to develop a new hydrocarbon booster engine technology demonstrator for Air Force launch systems.
Aerojet and teammate Florida Turbine Technologies will design, fabricate and deliver a re-usable hydrocarbon booster technology demonstration engine that will provide the Air Force with a launch propulsion system capable of delivering highly operable and responsive space access.
"Aerojet has been a mainstay provider of propulsion systems to the Air Force for more than fifty years," said Aerojet President Scott Neish. "We look forward to collaborating with the AFRL to showcase how advancements we've made with new and innovative engine technologies will enable increased mission performance and flexibility while reducing the cost of the operations."
Aerojet is a world-recognized aerospace and defense leader principally serving the missile and space propulsion markets. GenCorp is a leading technology-based provider of aerospace and defense products and systems with a real estate business segment that includes activities related to the entitlement, sale and leasing of the Company's real estate assets. Additional information about Aerojet and GenCorp can be obtained by
visiting the Companies' web sites at http://www.Aerojet.com and http://www.GenCorp.com .
Forward-Looking Statements
This press release contains forward-looking statements based on current management expectations. Numerous factors, including those related to market conditions and those detailed from time to time in GenCorp's filings with the Securities and Exchange Commission, may cause results to differ materially from those anticipated in the forward-looking statements. Many of the factors that will determine GenCorp's future results are beyond the ability of GenCorp to control or predict. These statements are subject to
risks and uncertainties and, therefore, actual results may differ materially. Readers should not place undue reliance on forward-looking statements, which reflect management's views only as of the date hereof. GenCorp undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE Aerojet
 
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Boeing, Nakash Group of America Sign Deal for Two 787 Dreamliners

Dec. 5

Boeing (NYSE: BA) and Nakash Group of America today announced an order for two Boeing 787-9 Dreamliners. Nakash Group of America is a multi-national, multi-billion dollar
conglomerate that owns Arkia Israeli Airlines. Arkia, based in Tel Aviv, will operate the 787s, making it the first airline in Israel to offer 787 services to its passengers.
The order is valued at $366 million at list prices. Deliveries are in 2012. Nakash Group also secured options for two 787-9s.
"The 787 is, simply put, an amazing machine," said Joe Nakash, chairman, Nakash Group of America. "We are excited to be the first in Israel to fly our passengers in the superior comfort of the Dreamliner.
"Like the 787, our businesses are global. The Dreamliner will create unprecedented access to growing markets, facilitate international business and build on the increasing demand for air travel around the world," Nakash said.
Since its launch in April 2004, the 787 has become the world's fastest- selling commercial airplane. Thirty-seven customers worldwide have placed more than 450 orders and commitments for the 787, preferring its superior efficiency, economics, range and passenger comfort.
"Today is a great day for Boeing and Israel," said Marlin Dailey, vice president of Sales for Europe, Russia and Central Asia, Boeing Commercial Airplanes. "We are thrilled to welcome the Nakash Group into the 787 family and look forward to seeing the 787 flying in Arkia colors. In just a few years, Israeli travelers will enjoy an unmatchable travel experience."
Arkia will use the 787s to serve destinations in North America and the Far East.
The carrier is evaluating the two engine options for the 787, which are the General Electric GEnx and the Rolls-Royce Trent 1000.
Today the Arkia fleet includes one Boeing 757-200 and two 757-300s, plus four ATR 72-500s and five Bombardier Dash 7s.
The technologically advanced 787 Dreamliner will use 20 percent less fuel than today's airplanes of comparable size, provide airlines with up to 45 percent more cargo revenue capacity, and present passengers with innovations including a new interior environment with higher humidity, wider seats and aisles, larger windows, and other conveniences.
The 787's long range allows carriers to offer passengers the point-to- point service they prefer, bypassing inconvenient connections at crowded hub airports. The 787's first flight is scheduled for 2007, with entry into service during 2008.
About Nakash Group of America
Nakash Group is a New York City-based, multi-national, multi-billion- dollar conglomerate that owns Arkia Israeli Airlines and Jordache Enterprises, which designs and manufactures a wide variety of denim, apparel and accessories. Jordache has earned a distinguished reputation for quality and excellence. Brands owned by Jordache include Jordache, US Polo Association, Earl Jean, KIKIT Jeans and Fubu Ladies. Nakash Group of America also has significant real estate holdings in New York City, Los Angeles, Chicago and Tel Aviv. The Nakash family also owns a number of private jet companies.

SOURCE Boeing Co.
 
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Boeing, PrivatAir of Switzerland Sign Deal for 787 Dreamliner

Dec. 5

Boeing (NYSE: BA) and international business aviation group PrivatAir today announced an order for one Boeing 787-8 Dreamliner airplane. PrivatAir, headquartered in Geneva, becomes the first company of its kind to purchase the 787. The order is valued at $153 million at today's list prices. The order is accounted for on Boeing's Orders and Deliveries website, identified as a 787 BBJ VIP customer.
PrivatAir will be the first commercial business aviation specialist to offer the 787 to its customers. The 787 complements PrivatAir's existing Boeing fleet, which includes a newly acquired 767, one 757, three Boeing Business Jets (BBJs) and one BBJ2.
"PrivatAir has been at the forefront of business aviation for three decades," said Greg Thomas, CEO of PrivatAir. "We were the very first commercial operator of the Boeing Business Jet, and the first to operate a luxury-configured 767 for our VIP charter business."
PrivatAir is evaluating the two engine options, the General Electric GEnx and the Rolls-Royce Trent 1000.
"Working with PrivatAir is an excellent way for us to continue and expand our success in the corporate aircraft market," said Marlin Dailey, vice president of Sales for Europe, Russia and Central Asia, Boeing Commercial Airplanes. "PrivatAir's order is another example of the 787's exceptional versatility."
Since its launch in April 2004, the 787 has become the world's fastest- selling commercial airplane. Thirty-seven customers worldwide have placed more than 450 orders and commitments for the 787, preferring its unprecedented efficiency, economics, range and passenger comfort.
The 787's improved fuel efficiency over current models represents a major leap forward in lowering airplane emissions.
The technologically advanced 787 Dreamliner will use 20 percent less fuel than today's airplanes of comparable size and present passengers with innovations including a new interior environment with higher humidity, wider seats and aisles, larger windows, and other conveniences.
The 787's long range allows carriers to offer its passengers the point-to- point service they prefer, bypassing inconvenient connections at crowded hub airports. The 787's first flight is scheduled for 2007, with entry into service during 2008.
About PrivatAir: PrivatAir is a leading international business aviation group with headquarters in Geneva, Switzerland, operating bases in Zurich, Dusseldorf, Hamburg and Munich (Germany) and through its US subsidiary PrivatAir Inc. throughout the USA. The Group's services include Private Charter for VIPs and executives, Private Airline Services, Ground Services and Aircraft Sales & Management. PrivatAir manages a fleet of over 50
aircraft ranging from a Beech King Air to an executive Boeing 757, operating out of bases in Europe and the USA. The Group was the first commercial operator of the new eneration of Boeing ultra-long-range executive aircraft, the Boeing Business Jet (BBJ 1 and 2) and other aircraft. http://www.privatair.com

SOURCE Boeing Co.
 
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Continental Airlines Converts to More Boeing 737-900ER Aircraft

Dec. 5

Continental Airlines (NYSE: CAL) today said it has converted an additional 12 of its existing Boeing orders into the new Boeing 737-900ER. These are conversions from the airline's previously announced Boeing Next-Generation 737 orders. With this latest conversion, Continental's total commitment to the 737-900ER is now 24 firm aircraft.
The 737-900ER is the latest addition to Boeing's highly successful 737NG family which has delivered over 2,000 737NGs worldwide. Continental was the first U.S. carrier to order this new extended-range aircraft which flies approximately 500 nautical miles farther than the existing 737-900. The 737- 900ER shares the same performance attributes of other Next-Generation 737s currently in Continental's fleet, giving the carrier greater efficiencies in pilot training, crew flexibility, simplified maintenance and savings on spare part inventory costs.
"The new 737-900ER will have among the lowest operating costs in the industry and will allow us to build upon our efficient 737 fleet," said Larry Kellner, chairman and chief executive officer. "In addition, the 737-900ER will be configured with 20 first class seats, providing excellent opportunities for complimentary OnePass frequent flyer upgrades."
Today's announcement for the new Boeing 737-900ER aircraft does not change the quantity of new Boeing 737 aircraft Continental has on order. The carrier still has total firm commitments for 60 Boeing 737s and has the ability to convert more of its existing Boeing 737 orders to the 737-900ER.
Since announcing its fleet modernization program a decade ago, Continental has reduced the number of airplane types in its mainline fleet from nine to three and reached its goal of operating one of the youngest and most efficient fleets among U.S. airlines. Its modern, fuel-efficient aircraft provide a natural fuel hedge and give the airline an advantage
over its competitors. Since 1998, the company has improved fuel efficiency by nearly 25 percent per available seat mile as a result of several factors including fleet modernization, implementation of fuel-saving technology such as winglets, and improved operating procedures.
Continental Airlines is the world's fifth largest airline. Continental, together with Continental Express and Continental Connection, has more than 3,200 daily departures throughout the Americas, Europe and Asia, serving 151 domestic and 136 international destinations. More than 400 additional points are served via SkyTeam alliance airlines. With more than 44,000 employees, Continental has hubs serving New York, Houston, Cleveland and Guam, and together with Continental Express, carries approximately 61
million passengers per year. Continental consistently earns awards and critical acclaim for both its operation and its corporate culture.
In 2006, Continental Airlines won its sixth J.D. Power and Associates award since 1996. The carrier received the highest rank in customer satisfaction among network carriers in North America in the J.D. Power and Associates 2006 Airline Satisfaction Index Survey(SM). For the third consecutive year, FORTUNE magazine named Continental the No. 1 Most Admired Global Airline on its 2006 list of Most Admired Global Companies. Continental was also named the No. 1 airline on the publication's 2006 America's Most Admired airline industry list. Additionally, Continental again won major awards at the OAG Airline of the Year Awards including "Best Airline Based in North America" for the third year in a row, and "Best Executive/Business Class" for the fourth consecutive year. For more company information, visit continental.com.

SOURCE Continental Airlines
 
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Embraer Sells One Embraer 170 Jet to Sirte Oil Company

Libyan Company Selected the E-Jet for Its Shuttle Operations

Dec. 5

Embraer (NYSE: ERJ) announces that Sirte Oil Company has placed an order for one EMBRAER 170 jet. With this contract, Embraer gains its first customer in Libya, with delivery scheduled for March 2007. This firm order was already accounted for in Embraer's orderbook as "undisclosed", therefore the current order backlog is not affected by this announcement.
Configured in a spacious single-class 76-seat layout, the EMBRAER 170 will be used to transport company personnel from the main base in Marsa El Brega to Tripoli and many other station points owned by Sirte Oil Company within Libya.
"The EMBRAER 170 offers the ideal size to transport our staff from one site to another. Our selection process focused primarily on the large cabin size and the voluminous luggage compartment, as this is of paramount importance to our passengers. Other key issues in our selection were the safety and reliability of the aircraft. To maintain a consistent and sustained activity in each of our plants, the regularity of our shuttle service is essential," explained Mr. Ali Alsaghir, Chairman of Sirte Oil Company.
"We are honored by Sirte Oil's selection of the EMBRAER 170 for its corporate services, and by the perspective of this new market," said Luiz Fernando Fuchs, Embraer Senior Vice-President - Europe, Africa and Middle East, Airline Market. "It emphasizes that our E-Jet family concept is truly flexible and adaptable."
About Sirte Oil Company
Sirte Oil Company (SOC) for Production, Manufacturing of Oil and Gas is one of the Libyan national companies operating under the National Oil Corporation (NOC) of Libya. The company is located in Marsa El Brega, which is 800 km east of Tripoli. SOC's diverse operations include exploration for and producing and manufacturing of oil and gas.
Embraer Image Gallery
Visit the Embraer Image Gallery at http://www.embraer.com

Note to Editors
Embraer (Empresa Brasileira de Aeronautica S.A. (NYSE: ERJ) (Bovespa: EMBR3) is the world's leading manufacturer of Commercial jets up to 110 seats with 37 years of experience in designing, developing, manufacturing, selling and providing after sales support to aircraft for the Commercial Aviation, Executive Aviation, and Defense and Government segments. With headquarters in Sao Jose dos Campos, State of Sao Paulo, the Company has offices and customer service bases in the United States, France, Portugal, China and Singapore. Embraer is among Brazil's leading exporting companies.
As of September 30, 2006, Embraer had a total workforce of 18,336 people, and its firm order backlog totaled US$13.3 billion.
This document may contain projections, statements and estimates regarding circumstances or events yet to take place. Those projections and estimates are based largely on current expectations, forecasts on future events and financial tendencies that affect the Company's businesses. Those estimates are subject to risks, uncertainties and suppositions that include, among others: general economic, political and trade conditions in Brazil and in those markets where the Company does business; expectations on industry trends; the Company's investment plans; its capacity to develop and deliver products on the dates previously agreed upon, and existing and future governmental regulations. The words "believe," "may," "is able," "will be able," "intend," "continue," "anticipate," "expect" and other similar terms are supposed to identify potentialities. The Company does not feel compelled to publish updates nor to revise any estimates due to new information, future events or any other facts. In view of the inherent risks and uncertainties, such estimates, events and circumstances may not
take place. The actual results can therefore differ substantially from those previously published as Company expectations.

SOURCE Empresa Brasileira de Aeronautica S.A.
 
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Boeing, Lufthansa Announce Order for 747-8 Intercontinental



- First airline order for 747-8 passenger version
- 20 aircraft worth $5.5 billion at list prices
- New technologies to bring efficiency, environmental benefits to Lufthansa
fleet

Dec. 6

The Boeing Company (NYSE: BA) and Deutsche Lufthansa AG today announced the carrier ordered 20 747-8 Intercontinental jetliners plus 20 purchase rights. Lufthansa is the first airline to place an order for the passenger version of the fuel-efficient airplane.
The Lufthansa order, with a total average list-price value of $5.5 billion, is scheduled for delivery beginning in 2010. This order is a primary component of the airline's plan to modernize its fleet and increase environmental stewardship.
"Lufthansa operates one of the youngest and most environmentally friendly fleets in the world," said Scott Carson, president and chief executive officer, Boeing Commercial Airplanes. "The 747-8 will use state-of-the-art technology innovations from the 787 Dreamliner to significantly increase the capabilities of Lufthansa's fleet. This airplane improves upon the economics of the 747-400, while greatly enhancing fuel efficiency, reducing emissions and noise. We are thrilled that this world-class airline has chosen this world-class airplane."
The 747-8 will reduce fuel consumption and carbon dioxide emissions by 16 percent compared to the 747-400s it will replace. It also will meet and exceed the nitrogen-oxide regulations being incorporated by the Committee on Aviation Environmental Protection.
In addition, the 747-8 will generate 30 percent less noise then its predecessor. It will meet the London Quota Count (QC) 2 metric, which dictates operating hours both into, and out of, London-area airports based on noise levels.
"The 747-8 is a perfect complement to our fleet in the 400-seat category and environmental initiatives," said Nico Buchholz, senior vice president, Corporate Fleet, Deutsche Lufthansa AG. "Environmental protection and sustainability, underpinned by investment in innovation, are integral elements of our corporate strategy. The 747-8 represents the essence of this strategy and closes a capacity gap regarding aircraft size
between our 300- and 550- seat aircraft in our future fleet."
The 747-8 achieves improved performance and appeal by incorporating many of the innovations from the 787. Most notably, it will feature a new wing design, next-generation General Electric GEnx engines, an upgraded flight deck and a new interior.
A new wing design integrates the latest in aerodynamic advancements. Some of the key design features include new state-of-the-art raked wing tips, a new flap system and increased fuel capacity. This enables the 747-8 to fly farther and more efficiently.
"The GEnx engines incorporate advanced, proven technologies from our highly successful GE90 engines as well as new innovation from GE's ongoing research and development programs," said Tom Brisken, general manager of the GEnx rogram. "These advancements provide customers with improved fuel efficiency, reductions in emissions and noise, and a lower cost of ownership, while allowing customers to generate additional revenue with their ability to carry more passengers and cargo."
In addition to the 747-8 Intercontinental's enhanced performance, the airplane will feature a new interior with 787-like amenities. The interior will incorporate new mood-lighting technology, as well as new lavatories that are being developed for the 787. The newly designed entryway of the 747-8 takes passengers past a concierge station into the elegantly contemporary new interior. A dramatic stairway leads to the upper deck. The
new curved, upswept architecture gives passengers great space and comfort, with more room for personal belongings.

SOURCE Boeing Co.
 
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Midwest Airlines to Expand Its MD-80 Jet Fleet

Dec. 7

Midwest Airlines (Amex: MEH) today said it has signed a letter of intent to acquire two additional MD-80 series jet aircraft. The acquisitions will expand Midwest's fleet of MD-80s -- which seat 143-147 passengers in the airline's Saver Service configuration -- from 11 to 13.
The airline plans to put the planes into revenue service in the first half of 2007, after completion of maintenance work, refurbishment and painting in the Midwest Airlines livery. The carrier expects to use the newly acquired aircraft to expand long-haul flying from its Milwaukee hub, with route and schedule details to be announced at a later date.
"The acquisition of these aircraft provides new opportunities for Midwest and its customers," said Scott R. Dickson, Midwest Airlines senior vice president and chief marketing officer. "We're always pleased to offer travelers more flights and more exposure to our award-winning customer service."
The agreement is subject to final negotiations regarding specific terms and conditions. Terms were not disclosed.
Midwest Airlines features jet service throughout the United States, including Milwaukee's most daily nonstop flights and best schedule to major destinations. Catering primarily to business travelers and discerning leisure travelers, the airline earned its reputation as "The best care in the air" by providing passengers with impeccable service and onboard amenities at competitive fares. Skyway Airlines, Inc. -- Midwest's wholly owned subsidiary -- operates as Midwest Connect and offers connections to Midwest Airlines as well as point-to-point service between select markets on regional jet and turboprop aircraft. Together, the airlines offer service to 47 cities. More information is available at
http://www.midwestairlines.com .

SOURCE Midwest Airlines
 
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Copa Airlines Takes Delivery of Its Sixth Embraer Aircraft

The Airline's Fleet Now Totals 30 Aircraft

Dec. 8

Copa Airlines has announced the arrival of its sixth Embraer 190AR aircraft. The airline now has a total fleet of 30 aircraft, consisting of 6 Embraer 190 airplanes and 24 Boeing 737 Next Generation aircraft, one of the most modern fleets in the Americas. This is the 200th aircraft of its 170-190 model family that Brazilian company Embraer has distributed.
Copa's latest aircraft acquisition is part of an order placed in October 2004; Copa was the first Latin American airline to order the Embraer 190. "The Embraer 190 allows us to offer more efficient service to smaller markets and enables us to add frequencies and destinations in relation to growing demand," said Pedro Heilbron, CEO of Copa Airlines.
Copa's Embraer 190AR is configured with 94 seats, 10 in Clase Ejecutiva (Business Class) and 84 in economy class in its spacious main cabin. The aircraft is equipped with high-tech devices such as winglets, highly efficient GE CF34-10E engines, and Honeywell Corporation's "fly by wire," the most advanced aviation technology.
"The Embraer aircraft provides passengers comfortable travel options with the same level of service as that of our larger aircraft," said Heilbron.
Copa Airlines, a subsidiary of Copa Holdings, S.A. (NYSE: CPA), is one of the leading passenger airlines in Latin America. Operating from its strategic location at the Hub of the Americas in the Republic of Panama, Copa offers more than 110 daily flights to 36 destinations in 21 countries in North, Central and South America and the Caribbean. In addition, Copa provides passengers with access to flights to more than 120 other international destinations through codeshare agreements with Continental Airlines and other airlines. Copa and Continental have a strategic alliance that includes joint participation in Continental's award-winning frequent flyer program, OnePass. For more information, visit http://www.copaair.com

SOURCE Copa Airlines
 
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Rolls-Royce Commemorates 3,000 Engine Deliveries to Gulfstream

Dec.

Rolls-Royce recognized its long- standing relationship with Gulfstream Aerospace in a ceremony marking the delivery of 3,000 engines to the business jet maker. No other civil
aerospace customer has received more engines from Rolls-Royce than Gulfstream.
For the occasion, Rolls-Royce commissioned a painting featuring both the GI and G550 aircraft -- the first and latest Gulfstream business aircraft to be powered by Rolls-Royce engines -- which was presented to Gulfstream Aerospace President Bryan Moss by Rolls-Royce North America President and CEO James M. Guyette at a ceremony at the Gulfstream facility in Savannah, Georgia, on December 5.
Mr. Guyette said, "Rolls-Royce is proud to have delivered 3,000 engines spanning four engine programs over nearly 50 years to Gulfstream. This milestone signifies the long relationship forged through trust and excellence."
From the GI with a top speed of 648 km/hour and range of nearly 2500 nm to the G550 with a range of 6750 nm and 0.88 mach speed, Rolls-Royce has powered eight aircraft variants for a total of nearly 1500 Gulfstream business jets using the Dart, Spey, Tay and BR710 engines.
The first Gulfstream business aircraft, the Rolls-Royce Dart powered GI first flew in 1958. More recently, the company powered three high-performance business jets into service in the past few years: the large-cabin midrange G350 (2005), the long range G450 (2005) and the ultra-long range G550 (2003).
A photograph to accompany this release is available to download from http://www.rolls-royce.com/media/search.jsp
With accompanying cutline:
Rolls-Royce President and CEO James M. Guyette (left) presents Gulfstream CEO Bryan Moss (right) a customer painting recognizing the delivery of 3,000 engines to Gulfstream Aerospace.

1. Rolls-Royce has provided various engines to power Gulfstream aircraft,
including the Dart, Spey, Tay 611, Tay 611-8C and BR710 engines.

2. There are more than 1,600 Gulfstream business jets in service
worldwide.

3. Rolls-Royce has powered eight Gulfstream aircraft over more than four
decades and currently powers four in-production Gulfstream business
jets (G350, G450, G500 and G550).

4. Gulfstream aircraft powered by Rolls-Royce engines include: GI (Dart),
GII (Spey), GIII (Spey), GIV (Tay 611), GIV-SP (later the G300/G400 -
Tay 611) G350 (Tay 611), G450 (Tay 611-8C), GV (BR710), G500 (BR710)
and G550 (BR710).

5. Rolls-Royce is the leading provider of propulsion system solutions for
today's business jets, garnering 34% of the market and providing power
to today's largest, fastest and longest-range business jets.

Website: http://www.rolls-royce.com

SOURCE Rolls-Royce
 
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Lockheed Martin Receives Initial $78 Million Contract to Produce 18 New F-16s

Dec. 11

The U.S. government has awarded an initial $78 million as part of a $144 million contract to Lockheed Martin (NYSE: LMT) for long-lead tasks related to the production of 18 new Advanced Block 52 F-16 aircraft for Pakistan.
"This is another great day for the F-16 program and for our customer. We remain committed to providing Pakistan with the most technologically advanced and proven fighter available on the international market today," said June Shrewsbury, vice president, Lockheed Martin F-16 programs. "The F-16s we will deliver to Pakistan will join a fleet of over 4,300 aircraftrepresenting more than 24 countries, with 51 follow-on buys, by 14 repeat customers, each who have relied on the Fighting Falcon as a key component
of their national defense and fighter force structure."
Earlier this year, the governments of Pakistan and the United States signed a Letter of Offer and Acceptance (LOA) agreeing to the purchase of 18 Block 52 F-16s. The LOA provides Pakistan an option for an additional 18 aircraft.
The new aircraft will modernize the existing Pakistan Air Force fleet, bringing a robust and versatile defensive capability to the nation's military. The final Pakistan F-16 under this contract will be delivered in 2010.
Shrewsbury continued, "Our company and employees take great pride inproducing and sustaining the F-16 for many years to come. We value our longstanding relationship with the government of Pakistan and the confidence they have placed in the F-16 in support of their nation's security."
Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2005 sales of $37.2 billion.

For additional information, visit our Web site:http://www.lockheedmartin.com

SOURCE Lockheed Martin Aeronautics Company
 
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Lockheed Martin Receives $256 Million Contract for Four C-130J Aircraft

Dec. 11

Lockheed Martin (NYSE: LMT) has received an initial $128 million from the United States government as part of a $256.2 million contract for three C-130J-30 combat delivery aircraft for the U.S. Air Force and one KC-130J tanker for the Marine Corps. These aircraft, slated for delivery in 2010, were authorized and funded by the FY06 Global War on Terror supplemental authorization. This contract brings the total number of C-130Js ordered to date to 186.
"More and more the C-130J is being recognized as a key component in the Global War on Terror and in combat and humanitarian missions around the world," said David Haines, vice president of Lockheed Martin C-130 programs. "This highly capable and reliable aircraft is critical to combat re-supply, refueling and relief operations. Last month, the Italian C-130J fleet surpassed the 50,000 flight hour mark after compiling more than 1,200
hours during November. This incredible tempo would not be achievable or sustainable without an effective and reliable aircraft."
Recently selected by Canada as the only aircraft that can meet the nation's military tactical airlift needs, the C-130J is regarded as the U.S. Air Force's premier intratheater airlifter and the most advanced airlifter available on the world market. Features of the Super Hercules include its extended range with greater thrust under all conditions, high-elevation/hot- temperature performance, enhanced situational awareness, enhanced defensive systems and significant operational flexibility. Redesigned and improved to operate in demanding environments, the C-130J delivers unmatched austere airfield, short take-off and landing performance for intra-theater operations. C-130Js operating in southwest Asia are conducting high tempo combat operations while maintaining reliability previously unrealized in a combat aircraft.

SOURCE Lockheed Martin Aeronautics Company
 
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