Lufthansa and trade union ver.di reach agreement Lufthansa and the ver.di trade union reached a new agreement on August 1st. From July 1st, 2008, ground staff will receive a pay rise of 5.1% and a further increase of 2.3% from July 1st., 2009. Additionally, the employees are to get a one-off paymen... (From: www.avitrader.com - Fri, 01 Aug 2008 10:47:49 GMT)

BA first quarter results hit by fuel costs BA reported for the first quarter 2008 profit before tax of £37 million (2007: £298 million - restated) and operating profit of £35 million (2007: £266 million - restated). BA reported that fuel costs are up 49%. British Airways' chief executive ... (From: www.avitrader.com - Fri, 01 Aug 2008 10:25:08 GMT)

V2500 SelectOne achieves on-time certification on the Airbus A320 IAE International Aero Engines announced that the latest production standard of the V2500, SelectOne has been certified on the Airbus A320 by the European Aviation Safety Agency (EASA). The new engine upgrade, which delivers an additional one per ... (From: www.avitrader.com - Fri, 01 Aug 2008 09:41:34 GMT)

EADS H1 2008 results reflect continuing strong underlying performance EADS continued its robust underlying performance in the first half of 2008 and achieved significant efficiency improvements across all Divisions despite programme challenges the Group is still facing. Within an uncertain macro-economic environment EA... (From: www.avitrader.com - Fri, 01 Aug 2008 09:37:30 GMT)

BAE Systems reports interim results 2008 BAE Systems reported that underlying earnings per share increased by 14% to 17.5p, total sales improved 12.5% to £7,751 million, EBITA was up 26% to £881 million (2007: £700 million) and interim dividend increased by 16% to 5.8p.... (From: www.avitrader.com - Fri, 01 Aug 2008 09:27:34 GMT)

Astronics Corporation reports 15.8% increase in sales Astronics Corporation reported sales of $47.9 million in the second quarter of 2008, which ended June 28, 2008, a 15.8% increase compared with sales of $41.4 million in the second quarter of 2007. Net income grew 13.3% to $5.1 million compared with $... (From: www.avitrader.com - Fri, 01 Aug 2008 09:02:40 GMT)

Embraer Q2 net profit more than doubles Embraer recorded second quarter 2008 (2Q08) net sales of $1,635.0 million and net income of $134.4 million, equivalent to diluted earnings per ADS of $0.7427. Embraer added new customers to its firm order backlog in the second quarter of 2008 such a... (From: www.avitrader.com - Fri, 01 Aug 2008 08:54:52 GMT)