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January 23, 2006

Volvo Aero Increases Its Stake In GEnx Engine

Will Produce Additional Components

Volvo Aero has agreed with General Electric Company (GE) to increase Volvo Aero's participation in GE's new engine, the GEnx. Volvo Aero will manufacture additional components in the engine.

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Turkey's Atlasjet Orders Three CRJ900s

Atlasjet of Istanbul, Turkey has signed a firm order for three 90-seat Bombardier CRJ900 regional jet airliners and has taken options on two additional CRJ900 aircraft.

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Delta Connection ALPA Pilots Approve Concessions to Help Save Airline

The pilots of Comair, as represented by the Air Line Pilots Association, Int'l. (ALPA), have ratified a concessionary labor agreement, by a narrow 50.57 percent in favor, which will provide an annual savings of $17.3 million to bankrupt Comair Airlines, a wholly owned subsidiary of Delta Air Lines.

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