24 Şubat 2009 Salı

Boeing Statement on United Arab Emirates C-17

ST. LOUIS, Feb. 24, 2009 -- The Boeing Company is pleased that the United Arab Emirates (UAE) has announced its intent to acquire the C-17 Globemaster III, the world's most advanced airlifter. The C-17 continues to serve as the backbone of international airlift missions, supporting numerous humanitarian-relief and peacekeeping efforts around the world. We look forward to partnering with the UAE as it strengthens its airlift capabilities with the C-17, which remains unequaled in performance, versatility and reliability.

17 Şubat 2009 Salı

Lufthansa airlines

Lufthansa may face a full strike by its cabin crew members after trade union UFO said on Tuesday the latest round of wage talks with the German flagship carrier had failed.

"We will decide on (whether to call for) further strikes today," a spokesman for the union said, adding UFO may ballot for industrial action.

This was the fourth round of talks in which Lufthansa has been offering a wage increase of up to 10 percent. The package includes better work conditions and profit sharing.

Pushing for a better offer, cabin crews represented by UFO have staged protests twice in the past weeks, forcing the carrier to cancel dozens of flights and cope with delays.

Last July, Lufthansa's passenger numbers were hurt by strikes by ground staff and cabin crew as well as walkouts by regional pilots that forced the carrier to cut flights.

The wage agreement that ended that walkout added about EUR100 million euros (USD$126.5 million) a year to costs, the company has said.

Lufthansa earlier this month raised its full-year 2008 outlook, saying its fourth quarter had yielded stronger results than expected, aided by lower fuel costs.

Air Ryan

order 200 planes for USD$7 billion with delivery starting in 2013, CEO Michael O'Leary said on Tuesday.

Ryanair is not in advanced talks with either of the two on the order and is happy to wait until the plane makers' "order book collapses" to negotiate a better deal, he said.

The planes have a list price of about USD$70 million each but Ryanair expects to negotiate at least a 50 percent discount to pay about USD$35 million - USD$40 million each for a total order of roughly USD$7 billion, he said.

"The sticker price is USD$70 million, but we would never dream of paying anything like that," he told reporters after a news conference on the airline's plans in Italy.

Despite Ryanair's historic relationship with Boeing, O'Leary said he would order planes from Airbus if they offered a cheaper price. In that case, Ryanair would simply designate some of its airport bases as those for Airbus planes, he said.

The planes would be delivered between 2013 and 2016, he said. Ryanair has a fleet of 171 Boeing 737-800s, and has firm orders to bring that up to 310 planes by 2012, he said.

Airlines Canada

Air Canada only emerged from its last round of bankruptcy protection in 2004. But the economic crisis has hammered most international carriers as traffic has dropped, forcing them to cut routes, reduce capacity and lay off employees.

Air Canada last year cut 2,000 jobs and reduced capacity by 7 percent and has made more cuts since.

Chief Executive Montie Brewer said on Friday -- as Air Canada announced an unexpectedly large loss of CAD$727 million for the fourth quarter of last year -- that the airline would seek to reduce costs by another CAD$100 million and shave capacity by a further 3.5 percent.

The company said on Friday it has shored up its balance sheet with CAD$641 million in new financing, but warned that the recession may put more pressure on its revenue in 2009. Air Canada said it has up to CAD$1 billion of assets it could use to increase its liquidity if needed.

Air Canada

Air Canada, the country's biggest airline, could be forced to file for bankruptcy protection if it does not secure additional financing and succeed in renegotiating covenants in credit card agreements, UBS analyst Fadi Chamoun said.

"Notwithstanding lower fuel costs, we believe that cash from operations will be insufficient to meet rising pension funding obligations and over CAD$1 billion (USD$800 million) of debt repayment over the next two years," Chamoun said in a note dated February 13.

Covenants in credit card agreements could tighten further in the second quarter and result in the airline being required to maintain higher cash deposits, said Chamoun, who cut his target price for its shares to CAD$1 from CAD$1.50.

"In the absence of additional financing (sale of assets) and renegotiation of covenants in credit card agreements, Air Canada could be forced to file for bankruptcy in our opinion," he wrote.

Air Canada spokeswoman Angela Mah declined to comment on the UBS report.

15 Şubat 2009 Pazar

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g taken to the Erie County medical exam

Speculation has focused on the wintry weather as the cause of Thursday night's crash, when the Dash 8 Q400 turboprop plane pitched wildly in its final approach before plunging to earth, killing all 49 people on board and one person in the house.

Two women in the house survived.

Chealander said it was too early to know whether ice was to blame. The mechanical systems seemed to be working normally, he said, but there would be more clarity when a team in Washington begins a detailed analysis of the flight recorders on Sunday.

The plane's crew reported snow and mist and commented on ice buildup on the windscreen and front of the wings shortly before the crash, according to the cockpit voice recorder.

The delicate and gruesome task of recovering remains and evidence from the site about 6 miles (10 km) from Buffalo Airport was being handled by 100 to 150 NTSB investigators, FBI agents, coroners and volunteer firefighters.

Bodies were being taken to the Erie County medical examiner for identification.

As the plane descended toward the airport with its landing gear down, its nose suddenly and violently moved up and down and its wings see-sawed, investigators said after initial reviews of the flight data and cockpit voice recorders.

Despite witness accounts that the plane nosedived into the house, Chealander said the wreckage was lying flat and the nose was pointed in the opposite direction to the runway.