CAE A380 simulator 
CAE The Canadian simulation and training company announced a string of new contracts with a total firm value of C$71 million ($67 million) and a potential value of C$105 million, after a fiscal first quarter in which revenue rose by 9% over the corresponding quarter of 2007, to C$392.1 million, and net earnings rose by 19% to C$46.1 million. Home contract wins came from the defence department and L-3, and CAE will also do work for the US Navy and Eurofighter.

 

MaxJet
MAXJET The defunct US all-premium carrier scrapped a proposed takeover of the airline's assets, heaping further uncertainty on its efforts to relaunch services. Investors connected with transport consultancy NCA Sports Group had set up a company to acquire all of the airline's assets and restart it as a charter carrier, named NCA Maxjet, using two Boeing 767-200s. But Maxjet vice-president of finance Joe Marotta says the purchase agreement has been "terminated".

 

 

Source: Flight International