Valued At More Than $1.2 Billion U.S., Deliveries Scheduled To Begin In Mid-2014
Lion Group has selected CFM International’s CFM56-5B engine to power 60 firm Airbus A320ceo (current engine option) aircraft. The agreement is valued at more than $1.2 billion U.S. at list price; the aircraft order was announced in March 2013.
Airplane Subjected To Temperatures As Cold As -28°C
Airbus’ A350 XWB MSN3 development aircraft with a team of 48 Airbus specialists has completed cold weather trials at Iqaluit, Canada. Temperatures reached down to -28°C (-18.4°F). The scope of the trials included: APU and engine starts after cold soak; verifying system behavior; low-speed taxi and rejected take-offs. It also performed a local flight as planned.
Boeing reported fourth-quarter revenue of $23.8 billion and core earnings per share (non-GAAP) that increased 29 percent to $1.88, driven by strong performance across the company's businesses and higher deliveries (Table 1). Fourth-quarter core operating earnings (non-GAAP) of $1.8 billion includes a $406 million non-cash charge to settle A-12 litigation dating back to 1991, retiring a longstanding risk to the company.
First Step In Launching A New Carrier Under A Legacy Brand
Eastern Air Lines Group, Inc., (Eastern) has filed an application with the United States Department of Transportation for a Certificate of Public Convenience and Necessity. Eastern plans on commencing its Part 121 certification with the FAA shortly, and has retained legal counsel and consultants for this purpose.
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