TAP operates daily service to Buenos Aires in code share with TAM
July 31, 2008
The Portuguese airline has announced that it now offers daily service between
Delta to launch additional seasonal flight between Atlanta-Sao Paulo
July 31, 2008
The new three-time weekly daytime flight will complement the airline’s nightly nonstop service to
Jamaica reports tourism increase in the first six months
July 31, 2008
According to the Inter-American Dialogue’s Latin American Advisor, the island received over 1 million tourists in the first half of the year, up from 981,756 in the same period last year. Tourism Minister, Edmund Bartlett called the January-June 2008 period the “country’s best ever” for arrivals and receipts. Industry revenues at $1.19 billion were up 24% over the same period in 2006.
LIAT to launch new service between Puerto Rico and St. Kitts
July 31, 2008
The airline, which is based in
LAN AIRLINES REPORTS 2Q NET INCOME OF US$47.2 MILLION
July 31, 2008
LAN reported net income of US$47.2 million for the second quarter 2008, a 10.7% increase compared to net income of US$42.6 in the second quarter 2007. The carrier reported operating income of US$43.8 million compared to US$59.3 million in the second quarter of 2007, resulting in a 3.6 percentage point decrease in operating margin from 7.7% to 4.1%. This decrease was mainly the result of higher fuel prices. Total revenues for the second quarter 2008 reached US$1,072.4 million compared to revenues of US$772.9 million in the second quarter of 2007 due to a 36.2% increase in passenger revenues, a 49.0% increase in cargo revenues, while other revenues decreased 5.4%. Passenger and cargo revenues accounted for 58% and 39% of total revenues, respectively, in the second quarter 2008.
CANADA: LATIN BUSINESS BOOM
July 31, 2008
Is the title of an article in Latin Business Chronicle on July 21 which spells out the success
PIERS Expands Trade Data Coverage to Latin American Air Cargo
July 31, 2008
NEWARK, N.J., July 31 /PRNewswire/ — PIERS Global Intelligence
Solutions(R), a Commonwealth Business Media company and the leading
provider of U.S. ocean-going trade information, is now offering detailed
data on air cargoes flown into and out of Argentina, Brazil, Chile,
Ecuador, Mexico, Peru and Venezuela.
“We’re excited to offer our clients this important dimension of global
business information,” says Wael Jarous, vice president of PIERS Commercial
Sales. “While the bulk of the world’s import-export trade is waterborne,
fully 40 percent by value moves by air, including perishable goods and
light-weight, high-value commodities.”
Jarous adds that ongoing expansion of its Latin American trade database
offerings is a top priority at PIERS.
Just this Spring, PIERS announced the addition of Argentina to a
database that already covered waterborne trade originating from or destined
for Brazil, Chile, Colombia, Ecuador, Mexico, Peru, and Venezuela.
“For U.S. companies, the nearby markets and sources of supply within
our own hemisphere look increasingly attractive as transportation costs
rise,” Jarous continues. “Our expanded Latin American data offerings — all
meeting PIERS industry-leading standards for accuracy and comprehensiveness
— will help our clients uncover new opportunities to buy and sell
globally, but closer to home.”
For information about PIERS Latin American or other international trade
intelligence, go to http://www.piers.com/piersproducts.aspx, or call 800.952.3839,
ext 7175.
About PIERS Global Intelligence Solutions
PIERS is the primary source of U.S. waterborne trade information and a
leader in global trade solutions.
Launched over 30 years ago by The Journal of Commerce as the Port
Import Export Reporting Service, its first venture in electronic
information, PIERS quickly became the standard reference on container trade
for the maritime industry.
The database that is at the core of PIERS information products is
unique. Based on the manifests and bills of lading that document
import-export activity, and checked by reporters in every port, the PIERS
database yields the most timely, accurate, comprehensive information
available on trade through U.S. Ports.
More specialized PIERS databases also offer historical data back to the
1950’s, trade finance data, and Asian and Latin American trade data.
PIERS economists and researchers supply expert data analysis and
interpretation to support decision-marking, while detailed and customizable
datasets yield solutions for cross-border marketing, supply-chain
management and competitive intelligence.
A roster of over 6,000 private industry, trade association, and
domestic and foreign government clients, representing more than 40
countries, relies on PIERS to translate trade data into meaningful
intelligence that guides their global business strategies. For more
information visit http://www.piers.com
About Commonwealth Business Media
Commonwealth Business Media, Inc., a subsidiary of United Business
Media plc, is the leading information provider to the global trade and
transportation market with comprehensive proprietary data, news and
analytical content. Its leading brands include The Journal of Commerce,
PIERS Global Intelligence Solutions, BACK Aviation Solutions, Air Cargo
World, Traffic World, OAG and Aviation Industry Group, a number of
directory databases covering the international trade, railroad and trucking
markets. The Company also produces more than 30 conferences serving the
international trade, aviation and maritime markets. Commonwealth is
headquartered in East Windsor, New Jersey, with offices in Newark, San
Francisco, New Haven, Long Beach, Atlanta, Montreal, Toronto, Washington
DC, Ft. Lauderdale, Tampa, Singapore, Hong Kong and London. For more
information on Commonwealth Business Media, Inc. and the products they
offer, visit http://www.cbizmedia.com
SOURCE PIERS
US Airways Aircraft Turn Into Flying Vending Machines
July 31, 2008
WASHINGTON, July 31 /PRNewswire-USNewswire/ — As the airline industry
continues to be dominated by high fuel prices and passengers face a
multitude of fees and extra charges, US Airways management recently made
the announcement to charge for non-alcoholic beverages in flight. Beginning
Friday, August 1, US Airways will start charging passengers $2 for soft
drinks and $1 for coffee and hot tea. Flight attendants at US Airways and
America West, represented by the Association of Flight Attendants-CWA
(AFA-CWA), are adamantly opposed to this unprecedented decision due to lack
of proper planning and poor notification to passengers.
“Rather than charge the fare necessary to produce their product,
management has chosen to resort to the tactics of ultra low fare carriers
such as Allegiant Airlines and Irish carrier Ryanair,” said US Airways
AFA-CWA President Mike Flores. “This model resorts to a nickel and dime
approach to the airlines most valuable asset — the passengers. Flight
attendants are trained and certified safety professionals, not cashiers to
be used in management’s futile attempt to bolster US Airways bottom line.”
Exempt from the charge will be passengers traveling on transatlantic
flights and on the US Airways Shuttle. Unaccompanied minors will also be
exempt and those with medical conditions will be assessed by flight
attendants and offered a free soft drink under what the airline calls “the
good judgment of our flight attendants.”
Lisa LeCarre, America West AFA-CWA President representing the
Phoenix-based flight attendants of US Airways, reiterated the concerns
brought forward to management saying, “Selling these items detracts from
the focus on safety for both passengers and crew. While we understand
management’s intent to add revenue, this program will put both flight
attendants and passengers in a ‘no win’ situation proven by the myriad of
problems arising from the Buy-Onboard program currently in place.”
The carrier’s current onboard purchasing has already been plagued by
issues such as of lack of inventory, inadequate money change and an
unsatisfactory product selection for passengers, adding to additional
frustration from an already irritated traveling public. Management plans to
install handheld credit card readers sometime in 2009.
“In the current industry of customer frustration, the last thing flight
attendants want to do is add fuel to the fire,” said LeCarre.
For over 60 years, the Association of Flight Attendants has been
serving as the voice for flight attendants in the workplace, in the
aviation industry, in the media and on Capitol Hill. More than 55,000
flight attendants at 20 airlines come together to form AFA-CWA, the world’s
largest flight attendant union. AFA is part of the 700,000-member strong
Communications Workers of America (CWA), AFL-CIO. Visit us at
http://www.afanet.org.
SOURCE Association of Flight Attendants-CWA, AFL-CIO
Hamilton Sundstrand Acquires Spain-based Marelli Pumps
July 31, 2008
WINDSOR LOCKS, Conn., July 31 /PRNewswire/ — Hamilton Sundstrand, a
subsidiary of United Technologies Corp. (NYSE: UTX), has acquired
privately-held Marelli Pumps, a leader in the design and manufacture of
heavy duty centrifugal pumps. Terms of the deal were not disclosed.
Marelli, based in Illescas, Toledo, Spain, supplies a wide range of
centrifugal pumps for customers in the oil, petrochemical, chemical,
industrial process, water and firefighting industries. It has approximately
euros 30 million in annual sales and operates in Spain, Southern Europe and
the Middle East. It will become part of Sundyne, one of Hamilton
Sundstrand’s three industrial companies.
“We are extremely pleased to have Marelli, and its 150 employees, join
the Hamilton Sundstrand Industrial team,” said Stephen Oswald, president of
Hamilton Sundstrand’s Industrial division. “This acquisition expands the
oil and gas product offering to our customers and provides opportunities to
expand Marelli geographically.”
The Hamilton Sundstrand Industrial division includes Milton Roy,
Sundyne and Sullair.
Headquartered in Arvada, Colo., Sundyne Corp. is a leading global
manufacturer of engineered pumps and compressors serving process industries
worldwide. Additional information can be found at http://www.sundyne.com.
With 2007 revenues of $5.6 billion, Hamilton Sundstrand employs
approximately 19,000 people worldwide and is headquartered in Windsor
Locks, Conn. Among the world’s largest suppliers of technologically
advanced aerospace and industrial products, the company designs,
manufactures and services aerospace systems and provides integrated system
solutions for commercial, regional, corporate and military aircraft. It
also is a major supplier for international space programs.
United Technologies, based in Hartford, Conn., is a diversified company
providing high technology products and services to the global aerospace and
building industries.
Raytheon Solipsys C2 Software Deployed in Iraq
July 31, 2008
TEWKSBURY, Mass., July 31, 2008 /PRNewswire/ — Two software products
developed by Raytheon Company (NYSE: RTN) subsidiary Raytheon Solipsys are
key components of a recently fielded system managing airspace in Iraq.
The Battlespace Command and Control Center (BC3) employed by the U.S.
Central Command for airspace management in Iraq uses the Raytheon Solipsys
advanced track fusion engine, Multi-Source Correlator Tracker (MSCT), and
tactical visualization powered by the Tactical Display Framework (TDF).
Since its deployment to Iraq, BC3 successfully completed operational
testing and was fielded in February 2008 in response to an urgent
capabilities need for an improved command and control system to manage U.S.
and coalition air traffic in Iraq.
“With MSCT and TDF serving as the foundation of BC3, the Air Force is
better able to manage airspace over Iraq by integrating multiple radars and
displaying all air traffic,” said Mark Trenor, president of Raytheon
Solipsys. “With the fielding and testing of BC3, the Air Force airspace
management controllers and mission crews have gained a much more detailed
view of aircraft flying in an active Iraqi war zone. Also, it has the
capability to integrate ground movements in the future.”
BC3 was designed, built, tested and delivered in less than a year by a
team of contractors working for the U.S. Army Space and Missile Defense
Command Battle Lab with Global War on Terrorism funding. The system also
includes two BC3 Mobile Training Systems. These movable assets were
designed to train U.S. Air Force crews in the U.S. and Europe who will be
deploying to Iraq.
Raytheon Solipsys, a wholly owned Raytheon Company subsidiary expert in
the design and develop of command and control software, is part of Raytheon
Integrated Defense Systems. IDS is Raytheon’s leader in Joint Battlespace
Integration providing affordable, integrated solutions to a broad
international and domestic customer base, including the U.S. Missile
Defense Agency, the U.S. Armed Forces and the Department of Homeland
Security.
Raytheon Company, with 2007 sales of $21.3 billion, is a technology
leader specializing in defense, homeland security and other government
markets throughout the world. With a history of innovation spanning 86
years, Raytheon provides state-of-the-art electronics, mission systems
integration and other capabilities in the areas of sensing; effects; and
command, control, communications and intelligence systems, as well as a
broad range of mission support services. With headquarters in Waltham,
Mass., Raytheon employs 72,000 people worldwide.
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