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February 16, 2006

Big Deal! Pratt & Whitney Moves In On GE Spare-Parts Business

Will Produce Parts For Competing Engine

It's the aviation equivalent to Pepsi agreeing to bottle Coca-Cola: Pratt & Whitney announced Wednesday the company will soon produce parts for a jet engine manufactured by rival General Electric Co.

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BTS Releases November 2005 Airline Traffic Data

11-Month Domestic Traffic Up 4.3 Percent From 2004

US airlines carried 4.3 percent more domestic passengers and flew slightly fewer domestic flights during the first 11 months of 2005 than they did during the same period in 2004, the US Department of Transportation’s Bureau of Transportation Statistics (BTS) reported Thursday, in a release of preliminary data.

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Delta Files Year-End Report For Abysmal 2005 And Tough 4th Quarter

Delta Air Lines has reported results for the quarter and year ended December 31, 2005. Key points include: Delta's fourth quarter net loss was $1.2 billion. Excluding reorganization and special items, the fourth quarter net loss was $782 million. For 2005, Delta's net loss was $3.8 billion. Excluding reorganization and special items, the full year 2005 net loss was $2.2 billion.

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