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All News

June 20, 2008

Gemini Air Cargo: Bankruptcy Times Two

75 Crewmembers Furloughed and Terminated

 For the second time in as many years, Gemini Air Cargo has filed for bankruptcy. The company, based in Dulles, Virginia and with other offices in Miami, Brussels and Ostende, Belgium, filed Chapter 11 bankruptcy in the spring of 2006 and came back to life that August after reaching agreements with its financial partners.

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FAA Establishes New Traffic Flow Management System In Atlantic City

Modernized System Provides Basis For NextGen Efforts

The new Traffic Flow Management System (TFMS) network at the FAA's William J. Hughes Technical Center in Atlantic City, NJ became operational June 18, according to the agency.

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Time Running Out For OBAP Scholarship App's To Delta Connection Academy

First-Ever Scholarship Provides Full Flight Training Valued At Over $100,000

The deadline is fast-approaching for applications to win the first full flight training scholarship to be offered by Delta Connection Academy. That scholarship, offered in association with the Organization of Black Airline Pilots, includes tuition, housing and books valued at over $100,000.

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Embraer Signs Up TRIP Linhas Aereas For Five E-175s

Holds Options, Purchase Rights On Another 25

Embraer announced Thursday that Brazilian regional carrier TRIP Linhas Aéreas has ordered five Embraer 175 jets. The deal also includes options for 10 more, plus purchase rights for another 15. The total value of the firm orders, at list price, is US$ 167.5 million, and could go over $1 billion, if alloptions and purchase rights are exercised.

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Southwest CEO Sees Modest Growth For Year

Kelly Sticks To Four Percent Forecast

In an economic climate which has the legacy US airlines discussing how much capacity they'll cut this year, the CEO of Southwest Airlines is still predicting four percent growth overall for 2008.

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OpenSkies Launches Paris-US Service

British Airways Subsidiary Takes Off

"OpenSkies" is a reality. Not just the joint international trans-Atlantic airline agreement between the United States and the European Union, but also the airline (somewhat grudgingly) created by British Airways to take advantage of that very deal.

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