Archive for July, 2006

Raytheon looks best to private equity firms

If Raytheon Aircraft Co. is going to be sold, chances are it will be to a private equity firm nobody’s heard of.
That’s the consensus of industry experts following Raytheon Co.’ s announcement Thursday that it was exploring a number of possibilities for its aircraft manufacturing division, including a sale.
Forget about other airplane makers, experts said, […]

Sunday, July 30th, 2006

Nine aircraft added to Iran’s aviation fleet in 1Q

Nine Airbus and Tupolev airplanes were added to Iran’s aviation fleet during the first quarter, a report released by Civil Aviation Organization (CAO) said.
During the first four months of the current Iranian year (March 2006-March 2007) the Iran Air Tour Company purchased one Tupolev aircraft, the Zagros Air Aviation Company purchased two Tupolevs, Mahan Aviation […]

Sunday, July 30th, 2006

India: 35 non-metro airports will be developed: Patel

Union Aviation Minister, Praful Patel, on Saturday, said the Centre is planning to develop 35 non-metro airports at an estimated cost of Rs 10,000 crore by the end of 2009.
Talking to the media here, Patel said, “there are proposed changes in the Civil Aviation Policy that will allow Greenfield airports to go for government-private partnership. […]

Sunday, July 30th, 2006

Airport legend gets grand send-off

The skies roared Saturday as dozens of warbirds and civilian aircraft tipped their wings in honor of the “Voice of Van Nuys Airport.”
On the ground stood Phil Aune, whose soothing voice guided millions of pilots at the world’s busiest general aviation airport before he retired last month as the nation’s oldest air traffic controller.
The […]

Sunday, July 30th, 2006

Americans flying to Europe in big numbers

DESPITE higher air fares and an unfavorable exchange rate, Americans continue to flock to Europe. In fact, the European Travel Commission expects the number of American visitors this year to surpass the record 13.12 million that traveled to Europe in 2000.
Airlines are responding with more flights. Back Aviation Solutions, an industry consulting firm, said […]

Sunday, July 30th, 2006