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HEADLINES

Air Canada launches the Air Canada Foundation
Feb. 29, 2012, Montreal - In celebration of its 75 years of community involvement, Air Canada announced today the launch of the Air Canada Foundation, a not-for-profit organization focused on the health and well-being of children in need.


Malaysia Airlines report fourth quarter losses
Feb. 29, 2012, Kuala Lumpur, Malaysia - Malaysia Airlines said Wednesday its losses deepened in the fourth quarter as fuel costs soared but hopes to rebound this year under a business recovery plan.


Embraer delivers 100th executive jet in Brazil
Feb. 29, 2012, Sao Paulo, Brazil - Embraer delivers the first Medevac version of the Phenom 300 jet to Amil Resgate Saúde, today. The aircraft, with tail number PP-UTI, which was transformed into a veritable flying ICU (UTI, in Portuguese), is the 100th Embraer executive jet to be delivered in Brazil.


Cessna expands sales leadership
Feb. 29, 2012, Wichita, Kan. - Cessna Aircraft Company today announced it is expanding the structure of its sales leadership team to better position the company to serve the needs of customers in emerging and established markets.


International Airlines Group reports profit growth
Feb. 29, 2012, London, U.K. - International Consolidated Airlines Group, the company formed from the merger of British Airways and Iberia, said Wednesday that its profit grew more than five-fold in its first year of combined operations.


StandardAero to provide services to NordStar fleet
Feb. 29, 2012, Tempe, Ariz. - StandardAero has signed an agreement with Russia's Taimyr Airlines, the parent company of NordStar Airlines, to carryout engine maintenance on NordStar's new fleet of five ATR 42-500 aircraft.


Aer Lingus grows net profit in 2011
Feb. 28, 2012, Dublin, Ire. - Irish airline Aer Lingus has defied Ireland's economic crisis by reporting strong growth in profits for 2011.


Safran reports 27 per cent rise in profits
Feb. 28, 2012, Paris, Fra. - French aircraft engine manufacturer Safran has reported a 27% rise in full-year net profit to $644 million in 2011 in comparison to $508 million recorded in 2010.


FAA recognizes Bombardier Service Centres
Feb. 27, 2012, Montreal - Bombardier Aerospace today announced that each of its eight wholly owned service centres in the U.S. has been awarded a 2011 Aviation Maintenance Technician (AMT) Diamond Award Certificate of Excellence, the industry’s highest honour for aviation maintenance.


Comox Valley Airport launches new school tour program
Feb. 27, 2012, Vancouver - YQQ is helping to increase awareness among students in the Comox Valley about the airport and its operations, with the launch of a new school tour program aimed at students in Kindergarten through Grade Four.


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