U.S. Airways Group Inc has made a formal merger proposal to American Airlines parent AMR Corp and its creditors that could value the combined airline at around $8.5 billion, a person familiar with the situation said on Friday. Under the all-stock proposal US Airways made in mid-November at a meeting with AMR’s unsecured creditors committee, …
Embraer on Wednesday flew the first U.S.-built Phenom 300 after the light twinjet emerged from a new factory in Melbourne, Florida. Delivery will be made to Embraer Executive Jets for use as a flight demonstrator. Embraer said the production time for the Phenom 300 was half that of the first Phenom 100 built in Melbourne, …
When you look up in the sky and you see a contrail, how far away is it? How far away are these contrails, a mile? two miles? Would you believe they are actually 20 to 100 miles away? Contrails typically form above 30,000 feet, or around six to eight miles straight up. It’s quite hard …
Silver Airways (Fort Lauderdale/Hollywood and Gainesville) has announced it will further boost its intra-Florida network in January 2013 with the launch of two new routes: Fort Lauderdale/Hollywood-Orlando and West Palm Beach-Tampa. Flights along the new routes are on sale now for service beginning on January 7, 2013. Schedules are as follows: via Silver Airways to …
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