Lockheed Martin F-35 Lightning II Flies Supersonic

November 17, 2008

Lockheed Martin F-35 flies supersonically for the first time on Nov. 13 over North Texas. (PRNewsFoto/Lockheed Martin Aeronautics Company, DAVID DRAIS)

FORT WORTH, TX UNITED STATES

Achieves Another Significant Milestone

FORT WORTH, Texas, Nov. 14 /PRNewswire/ — The Lockheed Martin (NYSE: LMT) F-35 Joint Strike Fighter flew supersonic for the first time yesterday, achieving another milestone. The aircraft accelerated to Mach 1.05, or about 680 miles per hour.

(Photo: http://www.newscom.com/cgi-bin/prnh/20081114/LAF048)

The test validated the F-35 Lightning II’s capability to operate beyond the speed of sound and was accomplished with a full internal load of inert or “dummy” weapons on the one-hour flight.

“The F-35 transitioned from subsonic to supersonic just as our engineers and our computer modeling had predicted,” said Jon Beesley, Lockheed Martin’s chief F-35 test pilot. “I continue to be impressed with the aircraft’s power and strong acceleration, and I’m pleased that its precise handling qualities are retained in supersonic flight, even with a payload of 5,400 pounds (2,450 kilograms) in the weapons bays.”

Beesley said it was also a significant achievement for a test aircraft to fly supersonic for the first time with the weight of a full internal load of weapons. The milestone was achieved on the 69th flight of F-35 aircraft AA-1. Beesley climbed to 30,000 feet (9,144 meters) and accelerated to Mach 1.05, or about 680 miles per hour, over a rural area in north Texas. The F-35 accomplished four transitions through the sound barrier, spending a total of eight minutes in supersonic flight. The flight was preceded by a high-subsonic mission earlier in the day. Future testing will gradually expand the flight envelope out to the aircraft’s top speed of Mach 1.6, which the F-35 is designed to achieve with a full internal load of weapons.

F-35 AA-1, a conventional takeoff and landing variant (CTOL), and F-35 BF-1, a short takeoff/vertical landing variant (STOVL), together have combined for 83 test flights.

The F-35 is a supersonic, multi-role, 5th generation stealth fighter. Three F-35 variants derived from a common design, developed together and using the same sustainment infrastructure worldwide will replace at least 13 types of aircraft for 11 nations initially, making the Lightning II the most cost-effective fighter program in history.

Lockheed Martin is developing the F-35 with its principal industrial partners, Northrop Grumman and BAE Systems. Two separate, interchangeable F-35 engines are under development: the Pratt & Whitney F135 and the GE Rolls-Royce Fighter Engine Team F136.

Headquartered in Bethesda, MD, Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2007 sales of $41.9 billion.

American Airlines to Implement Annual Limits for Baggage and Boxes During the Holiday Season to Select Latin American and Caribbean Destinations

November 17, 2008

FORT WORTH, Texas, Nov. 17 /PRNewswire-FirstCall/ — In anticipation of increased holiday travel to and from certain cities in Latin America, Mexico and the Caribbean, American Airlines and American Eagle are implementing their customary policy limiting the size and number of checked bags, as well as prohibiting checked boxes.

“American and American Eagle’s intent is to provide the best customer service possible and to consider the needs of all passengers,” said Peter Dolara, Senior Vice President — Miami, the Caribbean and Latin America. “There are limits on the amount of baggage that can be carried in the cabin and cargo areas based on the size of the aircraft.”

The limits will be in effect between Nov. 29, 2008, and Jan. 10, 2009. During this period boxes will not be accepted, and baggage will be limited to two checked items and one carry-on. The baggage and box embargo applies to:

    -- Cali, Colombia                  -- Tegucigalpa, Honduras
    -- Medellin, Colombia              -- Kingston, Jamaica
    -- Maracaibo, Venezuela            -- Port-au-Prince, Haiti
    -- La Paz, Bolivia                 -- Puerto Plata, Dominican Republic
    -- Santa Cruz, Bolivia             -- Santiago, Dominican Republic
    -- Quito, Ecuador                  -- Santo Domingo, Dominican Republic
    -- San Salvador, El Salvador       -- Guadalajara, Mexico
    -- San Pedro Sula, Honduras        -- Mexico City, Mexico

All American Eagle flights to and from San Juan, Puerto Rico, in the Caribbean are also included.

In addition, there is a year-round box embargo for passengers traveling from or through New York’s Kennedy Airport to all Caribbean and Latin American destinations.

Excess, oversize, and overweight baggage will not be accepted for flights to the destinations covered by the bag embargo. Passengers will be limited to a maximum of two checked bags, with each not exceeding 50 pounds and 62 linear inches (computed by adding the length, width and height of the bag). One carry-on bag will be allowed with a maximum weight of 40 pounds and a maximum size of 45 linear inches. In addition, one personal item such as a purse or briefcase is also allowed. Sports equipment, such as golf bags, bikes and surfboards, may be checked as part of the total checked-bag allowance, although additional charges may apply.

About American Airlines

American Airlines, American Eagle and the AmericanConnection(R) airlines serve 250 cities in 40 countries with, on average, more than 3,400 daily flights. The combined network fleet numbers more than 900 aircraft. American’s award-winning Web site, AA.com, provides users with easy access to check and book fares, plus personalized news, information and travel offers. American Airlines is a founding member of the oneworld(R) Alliance, which brings together some of the best and biggest names in the airline business, enabling them to offer their customers more services and benefits than any airline can provide on its own. Together, its members serve nearly 700 destinations in over 140 countries and territories. American Airlines, Inc. and American Eagle Airlines, Inc. are subsidiaries of AMR Corporation. American Airlines, American Eagle, the AmericanConnection(R) airlines, AA.com, We know why you fly and AAdvantage are registered trademarks of American Airlines, Inc. (NYSE: AMR)

American Airlines Presenta Tarjetas de Embarque Móviles en Determinados Aeropuertos para su Uso Mediante Teléfonos Celulares o PDA

November 17, 2008

13/11/2008 /PR Newswire Latinoamerica/ — Ya No es Necesario Imprimir y Presentar Tarjetas de Embarque en el Mostrador de Seguridad o en la Puerta de Embarque; Ahora Simplemente Puede Mostrar el Código de Barras en el Celular o PDA

Disponible a partir de Hoy en Chicago; en Los Ángeles y el Condado de Orange, California, la Semana Próxima.

FORT WORTH, Texas, 13 de noviembre /PRNewswire-FirstCall/ — Los clientes de American Airlines que viajen desde determinados aeropuertos pueden ahora optar por recibir sus tarjetas de embarque de manera electrónica en sus teléfonos móviles o asistentes digitales personales (PDA), y ahorrar así el tiempo que insume imprimir y presentar estas tarjetas en el aeropuerto.

Las tarjetas de embarque móviles, que utilizan un código de barras de dos dimensiones (2-D), son presentadas hoy para los pasajeros que viajen en vuelos de cabotaje desde el Aeropuerto Internacional O’Hare de Chicago y, a partir del 17 de noviembre, para los pasajeros que viajen en vuelos de cabotaje desde el Aeropuerto Internacional de Los Ángeles (LAX) y el Aeropuerto John Wayne del Condado de Orange (SNA).
Fuente: American Airlines

GOL Anuncia Lucro Operacional de R$ 61,2 milhões no 3T08

November 17, 2008

A Companhia anuncia receita líquida de R$1,8 bilhão no trimestre

São Paulo, 16 de novembro de 2008 – A GOL Linhas Aéreas Inteligentes
S.A. (Bovespa: GOLL4 e NYSE: GOL), a companhia aérea brasileira de
baixo custo, anuncia hoje os resultados preliminares do terceiro
trimestre de 2008 (3T08) não auditados. As informações financeiras e
operacionais a seguir, exceto quando indicado o contrário, são
apresentadas em USGAAP e em Reais (R$), e as comparações referem-se
ao terceiro trimestre de 2007 (3T07). As tabelas com os resultados em
Legislação Societária (BRGAAP) estão disponíveis no final deste
documento. Como parte do processo de transição para a publicação das
suas demonstrações financeiras de USGAAP para IFRS (International
Financial Reporting Standards) a partir do 3T08, a Companhia
inicialmente divulga seu release de resultados consolidados em
USGAAP, enquanto as Demonstrações Financeiras em IFRS tem a sua
previsão de divulgação até 15 de dezembro de 2008. O IFRS é a prática
contábil mais amplamente aceita nos mercados internacionais. As
Informações Trimestrais não contemplam as modificações nas práticas
contábeis previstas na Lei nº 11.638, conforme permitido pela
Comissão de Valores Imobiliários (CVM) nesta fase de transição.

DESTAQUES OPERACIONAIS E FINANCEIROS

• Receitas líquidas atingiram R$1,8 bilhão, representando um
crescimento de 37,2%, em comparação ao mesmo período do ano anterior.
Foram transportados 6,0 milhões de passageiros no trimestre,
representando aumento de 8,7% em relação ao 3T07. Receitas auxiliares
(carga e outras) aumentaram 55,0% em relação ao 3T07, para R$178,0
milhões.

• O lucro operacional consolidado no trimestre foi de R$61,2 milhões,
representando margem operacional de 3,4%. O prejuízo líquido
consolidado do trimestre foi de R$294,3 milhões (US$176,3 milhões),
devido, principalmente, ao impacto da variação cambial negativa de
R$261,8 milhões sem efeito caixa e resultado negativo de hedge de R$
48,0 milhões. O prejuízo por ação foi de R$1,47 e por ADS foi de
US$0,88.

• O custo operacional por ASK (CASK) consolidado aumentou 22,4%, de
14,23 centavos de Real, no 3T07, para R$17,42 centavos no 3T08. O
CASK, excluindo despesas com combustível, aumentou 13,6%, para R$9,87
centavos, devido à menor utilização planejada das aeronaves, custos
extraordinários relativos à devolução de aeronaves, redução na etapa
média, aumento nas despesas com pessoal, custos comerciais e de
publicidade e depreciação.

• Em 30 de setembro, a liquidez total era de R$2,4 bilhões, composta
por: caixa e disponibilidades em R$723,8 milhões, contas a receber de
R$379,2 milhões, R$621,8 milhões em depósitos com empresas de
arrendamento e R$668,3 milhões depositados com a Boeing como
adiantamento para aquisição de aeronaves.

• Em linha com o plano de renovação da frota, a Companhia recebeu
quatro Boeing 737-700NG e oito Boeing 737-800NG no trimestre, e
retirou da frota dez 737-300 e oito 767-300, resultando em uma
redução líquida de seis aeronaves em sua frota operacional. A Empresa
pretende encerrar o ano de 2008 com uma frota consolidada de 104
aeronaves, composta predominantemente por aeronaves 737-800NG e
737-700NG.

• Os RPKs domésticos consolidados reduziram 17,7% e os ASKs reduziram
4,6%, em comparação com o 2T08. Os RPKs internacionais consolidados
cresceram 3,4% e os ASKs reduziram 16,6%, sequencialmente em
comparação com o 2T08.

• Os RPKs consolidados cresceram 8,7%, de 5.470 milhões no 3T07, para
5.944 milhões no 3T08. Os ASKs aumentaram 10,9%, de 8.941 milhões no
3T07, para 9.912 milhões, no 3T08. A taxa de ocupação média
consolidada diminuiu 1,2 p.p. em relação ao 3T07, para 60,0%. A taxa
de ocupação breakeven consolidada totalizou 57,9%, uma redução de 1,9
p.p. sobre o 3T07.

• O yield consolidado aumentou 24,7%, para 27,09 centavos de Real, em
comparação a um aumento de 57,1% do preço do combustível (WTI) no
período. O RASK aumentou em 23,7%, para 18,04 centavos de Real,
quando comparado ao 3T07. A tarifa média foi de R$275.

• A GOL agora oferece mais de 790 vôos diários para 59 destinos
diferentes no Brasil e na América do Sul – a maior abrangência entre
todas as empresas de transporte aéreo. No 3T08, a GOL adicionou 19
novas freqüências diárias. O baixo custo operacional da Companhia
viabiliza a operação de vôos para cidades de médio porte, onde o
volume de tráfego é pequeno, fazendo com que a GOL esteja presente em
diversos destinos fora dos grandes centros do país.

• Em 31 de agosto, a Companhia fez seu último vôo de long-haul, para
Paris, França. A partir desse dia, a Companhia deixou de operar
aeronaves Boeing 767 e opera exclusivamente aeronaves 737, em vôos de
curta e média distância.

• Em 25 de setembro, a ANAC (Agência Nacional de Aviação Civil)
emitiu autorização para a reestruturação societária das subsidiárias
GTA e VRG. Em 30 de setembro as subsidiárias se fundiram em uma única
companhia aérea.

• Em 19 de outubro, a GOL estreou sua nova malha aérea integrada. A
nova malha, que contempla a estrutura unificada na Companhia,
eliminou a sobreposição de rotas e horários entre GOL e VARIG, o que
deverá aumentar o aproveitamento dos vôos e permite elevar a oferta
em mercados nos quais a Companhia está consolidada, além de viabilizar
a criação de ligações entre cidades até então não eram conectadas.

• A Companhia anunciou, em 10 de outubro, o lançamento da Classe
Comfort nos vôos internacionais de médio percurso, operados pela
VARIG que disponibiliza uma série de diferenciais aos passageiros como
uma grande variedade de pratos, maior espaço entre poltronas,
entretenimento de bordo on-demand, entre outros. A GOL também
reformulou o serviço de bordo oferecido nos vôos domésticos.

• A GOL anunciou que partir do dia 16 de outubro de 2008, clientes em
viagens tanto pela VARIG quanto pela GOL podem acumular milhas no
programa Smiles. A partir de 19 de novembro, as milhas poderão ser
trocadas por passagens para todos os destinos servidos pela
Companhia.

• A GOL anunciou, 23 de outubro, que assinou um acordo de
interline com a alemã Condor Airlines. Por meio da parceria, os
passageiros da empresa européia podem adquirir bilhetes para Belo
Horizonte, Brasília, Fortaleza, Maceió, Natal, Rio de Janeiro e São
Paulo, destinos operados pela GOL.

• A Companhia encerrou o trimestre com um free float de 25,6%. As
ações da Companhia apresentaram um volume médio diário de negociação
de US$19,0 mm (R$31,7 mm) no 3T08.

CAE receives orders for five full-flight simulators and training devices valued at C$63 million

November 17, 2008

MONTREAL, QUEBEC–(Marketwire – Nov. 12, 2008) – (NYSE:CGT)(TSX:CAE) – CAE has received orders to design and manufacture five full-flight simulators (FFSs) and associated training devices valued at C$63 million at list prices. The contracts are with American Airlines, Air New Zealand, Suzuyo, and Embraer CAE Training Services. CAE has announced a total of 23 FFS sales so far in fiscal year 2009.

“By offering the industry’s most comprehensive portfolio of training solutions, CAE is well-positioned to help airlines and third-party training centres meet their pilot training requirements,” said Marc Parent, CAE’s Group President, Simulation Products and Military Training & Services.

American Airlines

CAE has sold a CAE 7000 Series Boeing 737NG (next-generation) FFS and CAE Simfinity Boeing 737NG Integrated Procedures Trainer (IPT) to American Airlines. They will be delivered in 2009 to the American Airlines Flight Academy in Dallas, Texas. This is the first simulator CAE has sold to American Airlines since 2001, and will become the 20th CAE-built FFS operated by American Airlines and American Eagle.

Air New Zealand

Air New Zealand has ordered a Boeing 787 FFS and a Boeing 777-300 FFS. In addition, CAE will provide a suite of CAE Simfinity training devices for each aircraft type, including IPTs and virtual simulators (VSIMs). The CAE Simfinity training devices will be used for both pilot and maintenance training. CAE will deliver the Boeing 777 FFS to Air New Zealand’s training centre in Auckland, New Zealand in 2010. The Boeing 787 FFS and associated training devices will be delivered the following year.

“CAE’s technology and product quality combined with their responsiveness made CAE the ideal choice for our Boeing 787 and Boeing 777 training programs,” said Jignasha Patel, General Manager of Group Capability at Air New Zealand. “We are committed to offering our pilots as well as third-party customers the highest quality flight training programs and we look forward to a long-term relationship with CAE as our simulation equipment provider for these aircraft.”

Suzuyo

CAE has sold a CAE 7000 Series Embraer 170 FFS and an Embraer 170 Integrated Procedures Trainer (IPT) to Suzuyo for its new start-up airline, Fuji Dream Airlines (FDA) that will be based in Shizuoka, Japan. The Embraer 170 FFS and IPT will support pilot and maintenance training as FDA plans to grow its operations following the opening of the new Mt. Fuji Shizuoka Airport. The simulation equipment will be delivered in 2009 to Suzuyo’s training centre at the Shizuoka Airport.

Embraer CAE Training Services

CAE and Embraer’s training joint venture, Embraer CAE Training Services (ECTS), has ordered a CAE 5000 Series Phenom 100/300 FFS. This is the third 5000 Series FFS ordered by ECTS for the Phenom 100 and 300 jets. The initial pilot and technical training programs for the Phenom 100 recently commenced at CAE’s training facility in Dallas, Texas.

CAE is a world leader in providing simulation and modelling technologies and integrated training solutions for the civil aviation industry and defence forces around the globe. With annual revenues exceeding C$1.4 billion, CAE employs approximately 7,000 people at more than 75 sites and training locations in 20 countries. We have the largest installed base of civil and military full-flight simulators and training devices. Through our global network of 27 civil aviation and military training centres, we train more than 75,000 crewmembers yearly. We also offer modelling and simulation software to various market segments and, through CAE’s professional services division, we assist customers with a wide range of simulation-based needs.

CAE awarded military contracts valued at more than C$55 million

November 17, 2008

 

MONTREAL, QUEBEC–(Marketwire – Nov. 11, 2008) – CAE (NYSE:CGT)(TSX:CAE) today announced a series of military contracts valued at more than C$55 million. The contracts are with the United Kingdom’s Ministry of Defence, German defence procurement agency, Eurofighter Simulation Systems, Lockheed Martin, and other military customers. The contracts are part of CAE’s second quarter order intake.

“We continue to see good opportunities for simulation in defence markets around the world,” said Marc Parent, CAE’s Group President, Simulation Products and Military Training & Services. “The volatile price of fuel, environmental impacts, and significant wear and tear on weapon systems are leading governments and military forces to a greater use of simulation and synthetic training. With our global footprint and expanding capabilities to serve the entire defence systems lifecycle, CAE is well-positioned for solid, steady growth of our military business.”

UK Ministry of Defence

CAE has been awarded a contract to perform a major upgrade on one of the CH-47 Chinook simulators located at CAE’s Medium Support Helicopter Aircrew Training Facility (MSHATF) at Royal Air Force Station Benson. In addition, CAE will update the courseware, including computer-based training and computer-aided instruction, for the CH-47 groundschool training curriculum. The simulator upgrade and related curriculum update are required as the Royal Air Force prepares to add eight CH-47 Chinook helicopters to its existing fleet as well as transfer additional training hours from live aircraft to synthetic training.

German defence procurement agency and Eurofighter Simulation Systems

CAE has received contracts from the German defence procurement agency (BWB – Bundesamt fur Wehrtechnik und Beschaffung) and Eurofighter Simulation Systems to perform updates on Germany’s Tornado and Eurofighter full-mission simulators. Included in these simulator updates is an upgrade to the 10-channel CAE Medallion-6000 visual system on the German Air Force’s Tornado full-mission simulator located at Holloman Air Force Base in the United States.

Lockheed Martin

Under subcontract to Lockheed Martin, CAE will continue providing maintenance support services for C-130J training equipment operated by the Aeronautica Militare Italiana (Italian Air Force). CAE will provide a range of support services including maintenance and repair, spare parts support, and integrated logistics support for the CAE-built C-130J training devices located at the National Training Centre in Pisa, Italy.

CAE is a world leader in providing simulation and modelling technologies and integrated training solutions for the civil aviation industry and defence forces around the globe. With annual revenues exceeding C$1.4 billion, CAE employs approximately 7,000 people at more than 75 sites and training locations in 20 countries. We have the largest installed base of civil and military full-flight simulators and training devices. Through our global network of 27 civil aviation and military training centres, we train more than 75,000 crewmembers yearly. We also offer modelling and simulation software to various market segments and, through CAE’s professional services division, we assist customers with a wide range of simulation-based needs.

World Record-Breaking Flight Takes to the Sky to Find Cure for ALS

November 17, 2008

Pilots Circle the Globe in Seven Days to Raise Money and Awareness for Fatal Lou Gehrig’s Disease

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CarolAnn Garratt and Carol Foy preparing for world-record breaking flight to benefit ALS.

ORLANDO, FL–(Marketwire – November 10, 2008) – Flying for a cure, CarolAnn Garratt and Carol Foy, who have family members diagnosed with Lou Gehrig’s disease, will circumnavigate the world in seven days, in a small, single-engine plane, attempting to shatter a world record to raise money and awareness for ALS, amyotrophic lateral sclerosis.

Paying 100 percent of the trip expenses, the pilots are raising $1 million to find a cure for ALS. ALS, commonly known as Lou Gehrig’s disease, is a neurodegenerative disease which attacks the motor neurons in the brain and spinal cord resulting in progressive paralysis and is considered fatal. There is no known effective treatment for ALS.

“When my mother was diagnosed with ALS, I bought my first Mooney plane so I could fly from my home in Orlando to visit her in Virginia,” said CarolAnn Garratt. “When my mother passed away, I knew I wanted to use my love of flying to help find a cure for this fatal disease. Carol and I hope that this flight will bring ALS TDI one step closer to developing a treatment so that no other family has to suffer from this devastating disease like ours did.”

After CarolAnn lost her mother to ALS in 2002, she vowed to fly around the world to raise awareness and donations for the disease that took her mother’s life. Like 90 percent of ALS patients, her mother passed away within five years of being diagnosed. One of Carol Foy’s family members was also diagnosed last year.

Working closely with ALS Therapy Development Institute, the leading nonprofit working on a cure, this team is dedicated to finding effective treatments for those living with ALS, which affects a new family every 90 minutes in the U.S.

“We thank both CarolAnn and Carol for making it their mission to fight for a cause that is near and dear to their hearts as well as many others all over the world,” said Steve Perrin, Chief Scientific Officer, ALS TDI. “Combined with our global efforts, it is this teamwork that will be the driving force for finding the cure.”

The current world record, accredited by the Fédération Aéronautique Internationale set in 1988, averaged a speed of 56.8 mph, including all stops for refueling. The pilot duo, CarolAnn and Carol, are planning an average speed of 120 mph with only nine stops for refueling.

If you would like to make a donation to support CarolAnn and Carol in Dash for a Cure, please visit http://www.alsworldflight.com/. To date, StarPort Cambata Aviation in Stanford, Florida; Universal Weather and Aviation, Inc. in Houston, TX; and Scheyden Sunglasses have significantly contributed to make this a success.

About the ALS Therapy Development Institute

The ALS Therapy Development Institute (ALS TDI) (www.als.net), based in Cambridge, Mass., operates the world’s largest research and development program focused exclusively on ALS. The Institute has a staff of more than 30 scientists and research technicians, working on behalf of ALS patients to discover and advance novel therapeutics for treating, and ultimately curing, ALS. The nonprofit biotechnology institute excels in identifying novel disease targets, discovering compounds that may act against these targets, and screening potential treatments for clinical development.


Brazil’s Civil Aviation Authority has approved David Neeleman’s Azul

November 17, 2008

With the approval, the startup will launch its domestic flights in Brazil as scheduled during the month of December. It will begin service with six ERJ195s leased from JetBlue. According to David he plans to add one ERJ monthly until the airline has a fleet of 76 aircraft. And will begin regional service at some point in the future.

LAN has ordered four B767-316ERs in a contract valued at $636 million

November 17, 2008

The contract includes an option for two additional B767s for 2013. The new 767s will be delivered in February, March and April of 2012. The decision was made due to the delay in estimated delivery of the B787s.

Air Comet takes delivery of the A330 and serves Lima daily from Madrid

November 17, 2008

The new Airbus is part of the airline’s order for four A380s, ten A350-900s, five A330-200s and 42 A320s. As of December 1 the airline will operate a daily A330-200 flight between Madrid and Lima, Peru.

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