Skip to main content
Skip to navigation

Good Week - Bad Week

By NAME MISSING2008-11-02T12:00:00+00:00

Good Week


© MTU

MTU AERO ENGINES The German powerplant maker raised full-year forecasts after posting solid nine-month figures, with sales and pre-tax profits both up 5% to €1.98 billion ($2.54 billion) and €295 million respectively. Chief executive Egon Behle expects to close the year with revenues of €2.65 billion and pre-tax profits of at least €400 million, adding €50 million in revenues and €10 million in pre-tax profits to his original forecast.

Bad Week


© Sterling

STERLING AIRLINES The Copenhagen-based low-cost carrier has been struggling with high fuel prices but was pushed to bankruptcy by Iceland's financial crisis. Sterling is controlled by an Icelandic shareholder whose efforts to restructure the company were scuppered by the collapse of the Icelandic banking system. Sterling accounted for 10% of Copenhagen airport's traffic. It operated a fleet of over 20 Boeing 737 aircraft, leased from a variety of sources.

Source: Flight International

Topics

Related articles

News
Initial A321XLR certification is for 97t version with higher weights to follow

2024-07-19T18:12:00Z By David Kaminski-Morrow

Airbus’s A321XLR has initially been certified with a maximum take-off weight of 97t, but the airframer is working on approval for higher weights for the twinjet. This 97t figure is the same MTOW as the XLR’s immediate predecessor, the A321LR. The airframer had originally stated – when its unveiled the ...
In depth
Boom Supersonic seeks to maintain momentum as engine development continues

2024-07-19T18:10:00Z By Jon Hemmerdinger

Colorado-based Boom continues soldiering on, and chief executive and founder Blake Scholl insists the company will yet make good on its aim to have Overture carry paying passengers by around the end of this decade.
News
A330 short-landing crew perceived risk of overrun before descending below glideslope

2024-07-19T15:47:00Z By David Kaminski-Morrow

Investigators have determined that a Delta Air Lines Airbus A330-300 touched down short of the runway at Amsterdam, after the crew sought to mitigate a perceived risk of overrun and descended below the glideslope.