Yahoo! Canada Finance: Air Services Industry News

Fitch Withdraws Underlying Rtgs on Pre-refunded Minn-St. Paul Metro Airports Comm, MN Airport Revs

Fri, 06 Nov 2009 22:37:23 GMT

Business Wire - Fitch Ratings has withdrawn the Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota...

AVIATION WEEK Program Excellence Awards Honor Top Aerospace and Defense Programs and Leadership Selected winners include contributors to military, se

Fri, 06 Nov 2009 22:22:36 GMT

PRNewswire - AVIATION WEEK has named the winners and finalists of its sixth annual 2009 Program Excellence Awards, identifying 14 aerospace and defense (A&D) programs at BAE Systems, Boecore, Boeing, Lockheed Martin, Northrop Grumman, Raytheon, Rockwell Collins, and SpaceX as the leaders in their fields.

Just Energy Delivers Clean Air and Energy Security With New York-Based Wind Power

Fri, 06 Nov 2009 19:47:38 GMT

CNW Group - Just Energy, one of North America's leading natural gas and electricity retailers and provider of green energy, is excited to announce an agreement with Iberdrola Renewables to purchase Renewable Energy Credits ("RECs") from wind power produced in New York State.

Jet Booking Direct Warns that Cutting Costs & Cutting Corners May Risk Lives!

Fri, 06 Nov 2009 17:47:18 GMT

Business Wire - In the middle of a worldwide recession, it's a fact that businesses need to cut back and cut costs but at what price?

Horizon Air Plane in Boise State University Livery Unveiling at Boise Airport

Fri, 06 Nov 2009 16:42:23 GMT

Business Wire - Horizon Air:

WestJet launches new service to Holguin

Fri, 06 Nov 2009 15:00:21 GMT

CNW Group - WestJet today announced the launch of new, seasonal non-stop service between Toronto and Holguin, Cuba.

AeroMechanical Services Ltd. Announces Teaming and Reseller Agreement with L-3 Communications-Worlds Largest Producer of Aircraft Flight Data Recorder

Fri, 06 Nov 2009 14:36:31 GMT

Business Wire - AeroMechanical Services Ltd. (“AMA”) announced today it has signed an agreement with the Aviation Recorders division of L-3 Communications to sell AMA’s real-time data communications and Internet data delivery solutions for aircraft.

UPS Marks 10th Birthday as a Public Company

Fri, 06 Nov 2009 14:30:32 GMT

Business Wire - Ten years after its Initial Public Offering, UPS (NYSE:UPS) marked the anniversary today as its chief executive officer returned to the Big Apple to ring the opening bell for the New York Stock Exchange.

AerCap Holdings N.V. Reports Third Quarter 2009 Financial Results 23% growth in net spread and 22% growth in total assets demonstrate AerCap's abilit

Fri, 06 Nov 2009 12:03:01 GMT

PRNewswire - AerCap Holdings N.V. (the "Company" or "AerCap") (NYSE: AER) today announced the results of its operations for the third quarter ended September 30, 2009.

Aircastle Announces Third Quarter 2009 Results Third Quarter Highlights - Total revenues of $165.7 million and EBITDA(1) of $135.0 million -

Fri, 06 Nov 2009 12:00:48 GMT

PRNewswire - Aircastle Limited (the "Company" or "Aircastle") (NYSE: AYR) reported third quarter net income of $33.5 million, or $0.42 per diluted common share and adjusted net income of $35.7 million, or $0.45 per diluted common share.

UPS Board Declares Dividend

Thu, 05 Nov 2009 22:23:53 GMT

Business Wire - The UPS (NYSE:UPS) Board of Directors today declared a regular quarterly dividend of $0.45 per share on all outstanding Class A and Class B shares.

Fitch Affirms Northwest Arkansas Regional Airport Authority at 'BBB'; Outlook Stable

Thu, 05 Nov 2009 22:02:11 GMT

Business Wire - Fitch Ratings affirms Northwest Arkansas Regional Airport Authority's underlying $70 million outstanding senior lien series 2003 and 2004 bonds at 'BBB'.

C.H. Robinson Worldwide Increases Its Quarterly Cash Dividend

Thu, 05 Nov 2009 21:39:58 GMT

Business Wire - C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW) announced that...

United to Introduce Three New Countries to Global Network New service to Ghana, Nigeria and Kingdom of Bahrain to begin in spring 2010United to add n

Thu, 05 Nov 2009 21:00:35 GMT

PRNewswire - United Airlines announced today the airline will inaugurate its first-ever service to Africa in 2010, with one daily, same-plane service from Washington to Accra, Ghana, and Lagos, Nigeria.

Sibson Releases 2009 Expatriate Talent Market Trends Survey

Thu, 05 Nov 2009 20:17:23 GMT

Business Wire - A recent Sibson Consulting survey of U.S.-based multinational companies found that nearly two-thirds of the companies surveyed are maintaining or increasing the size of their expatriate workforce while one-third are decreasing this segment of their workforce.

Airport Authority CEO Urges Legislature to Support Detroit Region Aerotropolis

Thu, 05 Nov 2009 20:05:52 GMT

Business Wire - The proposed Detroit Region Aerotropolis offers a unique development opportunity worthy of statewide support, Wayne County Airport Authority CEO Lester Robinson urged state leaders today in Lansing.

Allied Pilots Association Applauds Delay in Ruling on American Airlines Application for Antitrust Immunity

Thu, 05 Nov 2009 19:55:56 GMT

Business Wire - The Allied Pilots Association (APA), certified collective bargaining agent for the 11,500 pilots of American Airlines (NYSE: AMR), voiced its support for the delay in the issuance of a final ruling by the Department of Transportation (DOT) regarding American Airlines’ application for worldwide antitrust immunity.

SANYO Installs Air Purification System with Electrolyzed Water technology at Mann Theatres The Criterion 6 Screen

Thu, 05 Nov 2009 19:04:44 GMT

Business Wire - SANYO North America Corporation (SANYO), a subsidiary of SANYO Electric Co., Ltd., and Mann Theatres, Southern California’s premiere boutique movie theatre chain, today announced their partnership to provide cleaner and safer air quality for Los Angeles movie goers with the first-ever U.S. installation of SANYO’s duct-type air purification system in a public movie theatre, existing air conditioning setting. This air purification system, which has been installed at one screen of the Mann Theatres’ “The Criterion 6” theatre in Santa Monica, demonstrates Mann Theatres’ commitment to providing the highest quality cinema experience for its guests as possible. “The Criterion 6” theatre installation will serve as a pilot for all future Mann Theatres throughout Southern California.

Iberia to cancel 350 flights due to strike

Thu, 05 Nov 2009 18:51:00 GMT

AFP - MADRID (AFP) - Spain's national carrier Iberia Thursday announced the cancellation of around 350 flights next week due to a strike by cabin crew.

Fitch Rates Long Beach Airport, California's Sr Lien 'A-'; Outlook Stable

Thu, 05 Nov 2009 17:47:31 GMT

Business Wire - Fitch Ratings has withdrawn its implied 'A-' long-term rating on Long Beach Airport, California (LGB or the airport).

Verisk Analytics Subsidiary AIR Provides Risk Modeling and Analytical Services for More Than 80 Percent of Catastrophe Bonds Issued to Date in 2009

Thu, 05 Nov 2009 16:40:02 GMT

GlobeNewswire - losses from certain size earthquakes as well as Pacific and Atlantic hurricanes," said Salvador Perez, risks analysis director, Ministry of Finance, Government of Mexico. "AIR's models provide the foundation for modeling catastrophes in areas like Mexico that are seeking to use alternative risk transfer mechanisms to place their risk directly in the financial markets."

Starwood Announces Cash Tender Offer for Outstanding Notes

Thu, 05 Nov 2009 16:37:36 GMT

Business Wire - Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT), today announced that it has commenced a cash tender offer (the “Tender Offer”) to purchase up to $300,000,000 aggregate principal amount (subject to increase by Starwood, the “Aggregate Maximum Tender Amount”) of its 7⅞% Senior Notes due 2012 (CUSIP No. 85590AAD6/85590AAC8) (the “2012 Notes”) and 6¼% Senior Notes due 2013 (CUSIP No. 85590AAK0) (the “2013 Notes” and, together with the 2012 Notes, the “Notes”) subject to the Maximum Tender Amount for each series of Securities set forth in the table below.

Starwood to Offer Senior Notes Due 2019

Thu, 05 Nov 2009 16:32:32 GMT

Business Wire - Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT), announced today that it intends to offer, subject to market and other conditions, 10-year senior notes through an underwritten public offering.

National Cargo Screeners Announces the Opening of Its Certified Cargo Screening Facility at Orlando International Airport

Thu, 05 Nov 2009 14:48:27 GMT

Business Wire - National Cargo Screeners Inc., (NCSI) Orlando, Florida, announced today that it has completed all necessary TSA training and has installed the latest technology X-Ray and ETD machinery in its Orlando, Florida facility.

CTDI Reduces Corporate Risk with Management Dynamics RPS On-Demand Solution

Thu, 05 Nov 2009 14:23:45 GMT

Business Wire - Management Dynamics, a leading provider of Global Trade Management (GTM) solutions, today announced that Communications Test Design, Inc (CTDI), a full service global engineering, repair and logistics company, implemented its RPS On-Demand solution, an advanced risk management solution that screens individuals and businesses to identify prohibited transactions based upon over 90 restricted party lists.

Huntingdon REIT and IAT Air Cargo Facilities Income Fund Announce Mailing of Joint Information Circular Relating to Proposed Combination

Thu, 05 Nov 2009 14:15:32 GMT

CNW Group - Huntingdon Real Estate Investment Trust ("HREIT") (TSX: HNT.UN) and IAT Air Cargo Facilities Income Fund ("IAT") (TSX: ACF.UN) announced the commencement of the mailing of a joint information circular dated November 5, 2009 (the "Information Circular") for the meetings of their respective unitholders expected to be held on November 26, 2009 for the purpose of considering resolutions approving, among other things, the proposed combination of HREIT and IAT and related transactions (the "Combination").

Starwood Hotels Announces the Sale of the St. Regis New Yorks Retail Space for $117 Million

Thu, 05 Nov 2009 13:59:45 GMT

Business Wire - Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced today that the Company has closed on the sale of 24,700 square feet of retail space at the St.

Grupo Vidanta Launches First International Airport in Puerto Peñasco, Mexico Today

Thu, 05 Nov 2009 13:14:46 GMT

Business Wire - One of Mexico’s best kept secrets is about to be discovered. The first international...

Astronics Corporation Reports Revenue of $48.6 Million and Net Income of $2.5 Million for Third Quarter 2009

Thu, 05 Nov 2009 11:56:16 GMT

Business Wire - Astronics Corporation (NASDAQ: ATRO), a leader in advanced, high performance lighting, electrical power and automated test systems for the global aerospace and defense industries, today reported sales of $48.6 million in the third quarter of 2009, which ended October 3, 2009, up 20.4% compared with sales of $40.4 million in the third quarter of 2008.

MIC Reports Continued Strength in Cash Generation, Progress against Strategic Priorities During Third Quarter

Thu, 05 Nov 2009 11:30:39 GMT

Business Wire - Macquarie Infrastructure Company (NYSE: MIC) reported financial performance in the third quarter that puts the Company on track to generate cash for the full-year 2009 in excess of that generated in 2008.

AirTran Airways Launches New Service From DFW International Airport to Milwaukee Low-cost airline offers North Texas passengers great choices, drives

Wed, 04 Nov 2009 23:41:36 GMT

PRNewswire - AirTran Airways will begin new daily service to Milwaukee, Wis. from Dallas/Fort Worth International Airport (DFW), starting April 6, 2010.

AirTran Pilots: Outsourcing Bad for Business

Wed, 04 Nov 2009 23:25:30 GMT

Business Wire - Union leaders for the AirTran pilots issued the following statement in response to their airline’s announcement that AirTran [NYSE: AAI] has reached an agreement with SkyWest to operate five CRJ-200 aircraft—in SkyWest livery—between seven cities.

Republic Airways Holdings Announces Third Quarter 2009 Results

Wed, 04 Nov 2009 23:23:30 GMT

Business Wire - Republic Airways Holdings Inc. (NASDAQ: RJET) today reported operating revenues of $359.6 million for the quarter ended September 30, 2009, a 6.7% decrease, compared to $385.2 million for the same period last year. The Company reported net income of $3.3 million for the quarter ended September 30, 2009, compared to $17.0 million reported in the prior year’s third quarter.

Air Transport International Crewmembers Vote to Join ALPA

Wed, 04 Nov 2009 22:49:13 GMT

Business Wire - The Air Line Pilots Association, Int’l (ALPA), welcomes today’s announcement by the National Mediation Board (NMB) that the crewmembers of Air Transport International (ATI) have selected ALPA as their collective bargaining representative.

Mesa Air Group, Inc. and AAR Corp. Agree to Modify Certain Maintenance Support Agreements and Retire Mesa's Senior Convertible Notes Due in 2023

Wed, 04 Nov 2009 22:29:35 GMT

PRNewswire - Mesa Air Group, Inc. (Nasdaq: MESA) (the "Company") announced today that it has reached an agreement with AAR Corp. ("AAR") in support of the Company's ongoing restructuring efforts.

American Airlines Moves Up Launch Date for New Service to China Chicago - Beijing Flight Now Set To Start in April

Wed, 04 Nov 2009 17:30:15 GMT

PRNewswire - American Airlines, a founding member of the oneworldÂ® Alliance, will begin its new service from Chicago O'Hare International Airport to Beijing Capital International Airport on April 26, 2010.

BirdDog Logistics Acquires Churchill Transport Group

Wed, 04 Nov 2009 16:21:20 GMT

Business Wire - In a move that will further enhance its ability to provide unsurpassed freight management services, BirdDog Logistics Services, LLC has acquired Churchill Transport Group, Inc., a privately owned third-party logistics (3PL) provider.

Early Detection Screening Offered at AOPA Aviation Summit for Abdominal Aortic Aneurysms

Wed, 04 Nov 2009 16:11:53 GMT

Business Wire - Cook Medical is partnering with the Aircraft Owners and Pilots Association (AOPA) at this year’s AOPA Aviation Summit in Tampa, Fla. from November 5-7 to provide free abdominal aortic aneurysm (AAA) screenings to its attendees at high risk for AAA. Preventive screenings for AAAs, a “silent killer” and the 10th leading cause of death in the U.S. in men over age 55, have proven effective in detecting the condition early and enabling interventional treatment.

Sikorsky Aircraft Delivers New VIP S-76C++(TM) Helicopter to U.K. Royal Household

Wed, 04 Nov 2009 15:17:31 GMT

PRNewswire - Sikorsky Global Helicopters, a business unit of Sikorsky Aircraft Corp., has delivered a new VIP S-76C++(TM) helicopter to the Royal Travel Office for use by the Royal Household of the United Kingdom.

NMI (Non-Manufacturing Index) at 50.6%; October Non-Manufacturing ISM Report On Business®; Business Activity Index at 55.2%; New Orders Index at 55.6%

Wed, 04 Nov 2009 15:01:58 GMT

Business Wire - Economic activity in the non-manufacturing sector expanded in October for the second consecutive month, say the nation’s purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business®.

WestJet launches new service to Turks and Caicos

Wed, 04 Nov 2009 15:00:10 GMT

CNW Group - WestJet today announced the launch of new, seasonal non-stop service between Toronto and Providenciales, Turks and Caicos.

WestJet launches new service to Cayo Coco

Wed, 04 Nov 2009 15:00:10 GMT

CNW Group - WestJet today announced the launch of new, seasonal non-stop service between Toronto and Cayo Coco, Cuba.

Long/Short Equity Hedge Funds Avoided Equity Market Downswings In October According To Credit Suisse Alternative Index Replication (AIR) Indices

Wed, 04 Nov 2009 14:47:52 GMT

Business Wire - Long/Short Equity fund managers avoided equity market volatility in October, finishing the month in neutral territory, according to Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse.

Akron-Canton Airport Celebrates New Nonstop Service to Ft. Lauderdale Today

Wed, 04 Nov 2009 14:23:22 GMT

PRNewswire - Experience the sandy white beaches of Ft. Lauderdale even before you get on an airplane today at

Barco Selects Wind River for Military Display and Management System Used by French Armed Forces

Wed, 04 Nov 2009 14:11:26 GMT

Business Wire - Wind River today announced that Belgium-based Barco, an international leader in high-performance display systems for aerospace applications, has selected VxWorks 653 as the foundation for its CDMS-3000 next-generation Control Display and Management System.

Satworx Announces Maritime Promotion Get a Free Satellite Phone Valued at up to $15,000 and Airtime with any Satworx Premium Plan

Wed, 04 Nov 2009 14:00:44 GMT

PRNewswire - Satworx (www.s atworx.com), the leading provider of satellite phone solutions, today announces a promotion benefiting those in the maritime industries such as shipping and fishing or leisure sailors who spend time on small and large vessels where cell phone service is unavailable. Now through December 31, 2009, any boat owner or captain that signs a premium plan contract with Satworx will receive one of three free Sailor FleetBroadband satellite phones, valued between $5,000 - $15,000. Sailor FleetBroadband is the only satellite solution for maritime communication that provides cost-effective data and voice in a single terminal. The terminal also provides real-time weather updates, uninterrupted access to email, the internet, fax and calls, the most up-to-date chart data and efficiency route planning.

Textainer Group Holdings Limited Reports Third Quarter and Nine Months 2009 Results and Declares Quarterly Dividend

Wed, 04 Nov 2009 13:54:41 GMT

Business Wire - Textainer Group Holdings Limited (NYSE:TGH) (“Textainer” or the “Company”), the world’s largest lessor of intermodal containers based on fleet size, today reported results for the third quarter and the nine months ended September 30, 2009.

US Airways Reports Record October Load Factor

Wed, 04 Nov 2009 13:17:14 GMT

Business Wire - US Airways Group, Inc. (NYSE: LCC) today announced October and year-to-date 2009 traffic results.

OAG Launches Cargo Portal Thailand Portal Expands Partnership Between OAG Cargo and Trade & Logistics Siam Ltd.

Wed, 04 Nov 2009 13:00:35 GMT

PRNewswire - OAG Cargo announced today the launch of the OAG Cargo airfreight portal for forwarders and airlines in Thailand through an expansion of its partnership with Trade & Logistics Siam Ltd.

Triumph Group Announces Proposed Senior Subordinated Notes Offering

Wed, 04 Nov 2009 12:31:28 GMT

Business Wire - Triumph Group, Inc. (NYSE: TGI) today announced that it intends to offer up to $175 million in aggregate principal amount of senior subordinated notes due 2017.

Travelocity Data Shows Vancouver Hotel Rates Cheapest in January 2010

Wed, 04 Nov 2009 12:05:34 GMT

Business Wire - With 100 days until the torch is lit, the countdown to Vancouver is officially on and all eyes are on the Canadian city as it prepares to take the world’s stage.

Research and Markets: In-Depth Company Profiles for Airline Companies Ranked in the 2009 Fortune Global 500 List

Wed, 04 Nov 2009 11:44:29 GMT

Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/9eb5f6/airlines_2009_fort) has announced the addition of the "Airlines 2009 Fortune Global 500 Databank - Company Profiles" company profile to their offering.

Atlas Air Worldwide Holdings, Inc. Completes Offering of Common Stock

Tue, 03 Nov 2009 21:38:07 GMT

Business Wire - Atlas Air Worldwide Holdings, Inc. (AAWW or the Company) (Nasdaq: AAWW), a leading provider of global air cargo assets and outsourced aircraft operating services, today announced the completion of its offering of AAWW common shares to the public.

Pacer International Announces New Arrangements with Union Pacific and Reports Third-Quarter 2009 Results

Tue, 03 Nov 2009 21:10:15 GMT

Business Wire - Pacer International, Inc. (Nasdaq: PACR), the asset-light North American freight transportation and logistics services provider, today announced that it has entered into new arrangements with Union Pacific Railroad (UP) that will further accelerate Pacer’s transformation into a fully-integrated, door-to-door intermodal service provider.

Republic Airways Reports October 2009 Traffic

Tue, 03 Nov 2009 21:09:45 GMT

Business Wire - Republic Airways Holdings (NASDAQ: RJET), today reported preliminary passenger traffic results for October 2009.