Airlines are rumored to be talking about mergers, but while the
music is playing no one has taken a step forward to the dance floor
yet. A hedge fund with large stakes in United Airlines parent UAL
Corp. and Delta Air Lines Inc., who has a healthy interest in
spurring a deal between the two, went public this week with its
plan for combining the nation's No. 2 and No. 3 carriers, stating
that rising oil prices and competition necessitate combining the
Deep in the files of the Boeing Co. there are volumes of
proprietary information deemed so valuable that the company has
entire teams dedicated to making sure that private knowledge
remains that way. One group, dubbed "enterprise" investigators, has
permission to read the private e-mails of employees follow them and
collect video footage or photos of them.
India's largest domestic carrier by market share plans to act on
an option to buy 10 Boeing Co. 737 jet aircraft in a few months
according to a New Delhi based airline official. Jet Airways
Ltd. plans to convert an option to buy 10 Boeing Co. soon
according to Dow Jones Newswires.
Miller Planning Environmental Aviation Conference In May
Michael Miller, a self-described "nationally known" aviation
expert, will launch a new Maitland-based aviation consulting
company in the next 30 days called Green Skies Inc. It will focus
on helping the aviation industry become more environmentally
friendly, according to the Orlando Business Journal. Miller also
plans to host what he bills as the first-ever environmental
aviation conference in Orlando in May.
Minor Tweaks In Departures and Landings Called For
Officials hoping to ease flight delays in the crush of holiday
travel are making changes to takeoff and landing procedures at New
York City's airports shortly before Thanksgiving. The Federal
Aviation Administration said the changes will take effect this week
as part of the Bush administration's vision to battle delays, and
congested skies nationwide.
Recognizing a possible backorder on aircraft--Vietnam plans to
buy a dozen Boeing 787s to meet growing demand for air travel in
the booming Southeast Asian country, the Associated Press said
Friday. Vietnam Airlines will purchase four of the planes and a new
joint venture called Vietnam Aircraft Leasing Co. will purchase
eight, company officials announced. They expect to sign the deals
Gulfstream International Group Inc., has reduced the expected
price range of its initial public offering, according to a
Securities and Exchange Commission filing on November 13, 2007.
Gulfstream now expects the offering to price between $8 and $10 per
share, compared with the previously anticipated range of $11 to $13
per share, said the Associated Press.