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Philadelphia Flight Instructor Charged with False Statements

On January 7, 2010, Joseph Konrad, an FAA certified commercial pilot and flight instructor, was charged by Information in U.S. District Court, Philadelphia, Pennsylvania, with false statements related to his application for an Airman Medical Certificate.

The investigation revealed that in 2007, 2008, and 2009, Mr. Konrad intentionally failed to disclose his opioid abuse and bipolar disorder diagnosis on FAA applications to become a commercial pilot and flight instructor. Mr. Konrad began working as a flight instructor for FAA approved flight schools in Philadelphia and Southern New Jersey. He admitted that he did not disclose his medical diagnosis to the FAA for fear the FAA would revoke his commercial pilot and flight instructor licenses.

This investigation was conducted jointly with DHS/ICE and the FBI.

Note: Indictments, informations, and criminal complaints are only accusations by the government, all defendants are presumed innocent unless and until proven guilty.

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    CIT, Boeing Announce Order for 38 Next-Generation 737 Airplanes

    Order Includes 737-800s and 737-900ERs

    NEW YORK and SEATTLE, Jan. 4, 2011 /PRNewswire/ — CIT Group Inc. (NYSE: CIT), and Boeing (NYSE: BA) today announced that CIT Aerospace placed an order for 38 Next-Generation 737 airplanes and purchase rights for seven additional 737s.

    The order, with deliveries into 2017, includes 15 737-900ER (extended range) and 23 737-800 airplanes. It is the largest order placed by a leasing company for the 737-900ER, the largest and newest member of the Boeing Next-Generation 737 family. This is also the largest order placed by CIT for Boeing airplanes.

    “This order of Next-Generation Boeing aircraft reflects our efforts to maintain one of the youngest and most technologically advanced fleets in the industry,” said C. Jeffrey Knittel, president of Transportation Finance at CIT. “As a leading aircraft lessor, it is important that we continue to maintain a portfolio of operationally dependable and fuel-efficient aircraft for our customers.”

    “CIT’s choice of the Next Generation 737 shows its confidence in the product family and especially in its newest member, the 737-900ER, which features incredible economics and operational capability,” said Marlin Dailey, vice president of Sales & Marketing, Boeing Commercial Airplanes. “CIT is one of the leading companies in global transportation finance, and clearly recognizes the value that the Next Generation 737 will bring to its airline customers. CIT will be receiving its 737s with the innovative Boeing Sky Interior and other performance improvements that will keep its airplanes at the leading edge of passenger comfort, efficient operations and reduced fuel consumption.”

    CIT owns or finances a fleet of more than 300 commercial aircraft. As of Sept. 30, 2010, CIT had 140 Boeing airplanes in its portfolio. With this new order, the company now has a total order book of 111 aircraft, of which 58 are Boeing.

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    Boeing, LAN Airlines Announce Order for Three 767s

    Additional 767-300ER airplanes part of the airline’s fleet expansion plans

    EVERETT, Wash., Feb. 18, 2011 /PRNewswire/ — Boeing (NYSE: BA) announced today that Chile’s LAN Airlines ordered three additional 767-300ER airplanes valued at $493 million at today’s list prices. Today’s order brings the total number of 767s ordered from LAN to 33.

    “This order for additional 767s builds on the long-standing relationship between Boeing and LAN,” said Marlin Dailey, vice president of Sales & Marketing for Boeing Commercial Airplanes. “LAN is one of the world’s premier airlines and we are happy to help them expand and grow their long-haul fleet.”

    The 767 family of airplanes is sized between the single-aisle 737 Next-Generation and the twin-aisle 777. As one of the most fuel-efficient airplanes in operation today, the 767 offers improved environmental performance and operating economics over competing jetliners.

    “The versatility, comfort, range and increased payload capabilities continue to make the 767 a staple in the fleets of today’s leading airlines,” said Dailey. “The 767 has benefited from years of technological improvements for greater efficiency and passenger comfort.”

    LAN’s fleet currently consists of 28 767-300ERs and 11 767-300 freighters. The airline has used Boeing’s product advancements to drive operational efficiencies into their long-haul fleet and increase passenger comfort including the passenger-pleasing Boeing Signature Interior.

    The Boeing 767 family is a complete family of clean, quiet, fuel-efficient airplanes that provide maximum market versatility in the 200- to 300-seat market. The Boeing 767 family includes three passenger models — the 767-200ER, 767-300ER and 767-400ER — and a medium-widebody freighter, which is based on the 767-300ER fuselage.

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    Press Release: KLM Makes Upset Training Mandatory

    KLM, Holland’s flag carrier, has signed a deal with Arizona-based APS Emergency Maneuver Training to provide upset recovery training to ab initio pilots training at the airline’s flight school in Mesa. KLM has done its pilot training in sunny Mesa for 65 years at Falcon Field and APS is at neighboring Phoenix-Mesa Gateway. As technology mitigates many of the risk factors associated with airline flying, in-flight loss of control has emerged as the leading cause of airline crashes, according to a study released by Boeing last year. APS teaches pilots of all experience levels what to do when their world is turned upside down.

    Although recognition and prevention of unstable flight conditions is (or should be) a fundamental part of flight training, there are times when even the most careful and well-prepared pilot can find himself hanging from the harness thanks to weather, wake turbulence or other factors. APS teaches pilots how to put earth and sky back in their appropriate places without breaking the airplane, and the only way to do that is to intentionally upset aircraft. APS uses Extra 300s. KLM spokesman Robert van den Heuvel said KLM has made upset recovery a mandatory part of ab initio training for all its academy cadets and the deal with APS is a multi-year one.

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    Prime Minister Endorses Australian-based search

    On March 24, Najib Razak, Malaysia’s Prime Minister, announced that new computations by Inmarsat and the AAIB, flight MH-370 ended in the South Indian Ocean west of Perth (Australia). At this point, Malaysia endorsed the new search search parameters.

    The full statement:

    “This evening I was briefed by representatives from the UK Air Accidents Investigation Branch — or AAIB. They informed me that Inmarsat, the UK company that provided the satellite data which indicated the northern and southern corridors, has been performing further calculations on the data. Using a type of analysis never before used in an investigation of this sort, they have been able to shed more light on MH370’s flight path.

    Based on their new analysis, Inmarsat and the AAIB have concluded that MH370 flew along the southern corridor, and that its last position was in the middle of the Indian Ocean, west of Perth. This is a remote location, far from any possible landing sites.

    It is therefore with deep sadness and regret that I must inform you that, according to this new data, flight MH370 ended in the southern Indian Ocean.

    We will be holding a press conference tomorrow with further details. In the meantime, we wanted to inform you of this new development at the earliest opportunity. We share this information out of a commitment to openness and respect for the families, two principles which have guided this investigation.

    Malaysia Airlines have already spoken to the families of the passengers and crew to inform them of this development. For them, the past few weeks have been heartbreaking. I know this news must be harder still. I urge the media to respect their privacy, and to allow them the space they need at this difficult time.”

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    U.S. Transportation Secretary Ray LaHood Announces Funding Commitment for New O’Hare South Air Traffic Control Tower

    For Immediate Release

    New Facility To Oversee Operations to O’Hare’s New 10R/28L Runway

    CHICAGO – U.S. Transportation Secretary Ray LaHood today announced that the Federal Aviation Administration will fund the design and construction of a new South Air Traffic Control Tower at Chicago’s O’Hare Airport, scheduled to be built as part of the O’Hare Modernization Program (OMP).

    The agreement will allow Chicago to complete the construction of the tower in time for the successful commissioning of the new runway 10R/28L, which is scheduled for completion in early 2015.
    “O’Hare is a critical transportation link for our country,” said Secretary LaHood. “This tower project will create jobs, spur economic development and help the airport improve efficiency for passengers.”

    “The historic O’Hare Modernization Project has received more federal funding than any other airport reconstruction project in history, nearly $800 million,” said U.S. Senator Dick Durbin, a member of the Senate Appropriations Committee who fought to increase the funding set aside for airport improvement projects across the nation, including the air traffic control tower at O’Hare. “That remarkable federal investment fuels O’Hare’s position as the economic engine for the region, solidifies Chicago’s role as a global transportation hub and will pay dividends for our state and nation for years to come. The new state-of-the-art air traffic control tower will increase capacity, bringing more travelers to our world-class city, and will boost operations at O’Hare, improving safety while reducing delays. And, just as importantly, it means Illinoisans will have an opportunity to get back to work in good paying jobs that cannot be outsourced.”

    “The building of a South Air Traffic Control tower is essential for the continued modernization of O’Hare which increases our ability to compete in the global economy,” said Mayor Richard M. Daley. “A modernized O’Hare will generate new jobs and additional economic activity for Chicago, the region and the state. During these challenging economic times, such economic stimulus is greatly needed.”

    The FAA has committed $3.4 million for the design of the new facility, which will build on the O’Hare Modernization Program’s nationally-recognized program for “green” design and construction.

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    Boeing Completes Acquisition of Summit Aeronautic Group in Montana

    SEATTLE, Dec. 21, 2010 / — Boeing announced today the completion of the acquisition of the business and operations conducted by Summit Aeronautics Group in Helena, Montana. Terms of the transaction, announced on Nov. 22, were not disclosed.

    The newly acquired business will be named Boeing Helena. It will become part of Boeing Fabrication, a division of Boeing Commercial Airplanes. Boeing Helena will manufacture titanium and other hard-metal structures for Boeing commercial aircraft including the 747-8, 767 and 787.

    Forward-Looking Information Is Subject to Risk and Uncertainty
    Certain statements in this release may be “forward-looking” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “expects,” “plans,” “intends,” “projects,” “believes,” “estimates,” “targets,” “anticipates,” and similar expressions are used to identify these forward-looking statements. Examples of forward-looking statements regarding the proposed acquisition of Summit include, but are not limited to, statements regarding the expected timetable for completing the transaction, future business prospects, our guidance relating to 2010 and 2011 financial and operating performance, product development and benefits and synergies of the transaction, as well as any other statement that does not directly relate to any historical or current fact. Forward-looking statements are based upon assumptions about future events that may not prove to be accurate. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual outcomes and results may differ materially from what is expressed or forecasted in these forward-looking statements. As a result, these statements speak to events only as of the date they are made and we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by federal securities laws. Specific factors that could cause actual results to differ materially from forward-looking statements include, but are not limited to, the effect of economic conditions in the United States and globally, the ability of the parties to satisfy the transaction conditions and complete the acquisition, the risk that competing offers will be made, our ability to successfully integrate Summit’s business and realize anticipated synergies, and other important factors disclosed previously and from time to time in our filings with the Securities and Exchange Commission.

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