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Global Aero Logistics
Global Aviation Holdings Inc. (Global) was the parent company of World Airways, Inc. (World), and North American Airlines, Inc. (North American), headquartered in Peachtree City, Georgia, US. Its airline holdings included World and North American along with ATA Airlines until the parent company renamed from Global Aero Logistics to Global Aviation Holdings. ATA, World, and North American all were Part 121 U.S.-certified air carriers providing customized air transportation services for major international passenger and cargo carriers, international freight forwarders, the U.S. military, international leisure tour operators, and international corporations. On November 12, 2013, the company announced that it is once again filing for Chapter 11 bankruptcy protection, shut down World Airways, and sold the remaining assets of North American Airlines in 2014. The company had previously entered Chapter 11 bankruptcy on February 15, 2012, not long after shuffling assets and closing ATA A ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Capital Cargo International Airlines
Capital Cargo International Airlines, Inc. was a cargo airline based in Orlando, Florida, USA from 1995 to 2013. It provided on-demand and wet lease aircraft charter. Its main base was Orlando International Airport. It is owned by the Air Transport Services Group (). The airline ceased in name in March 2013 when it was merged with its sister airline Air Transport International. History The airline was established in September 1995 and started operations in April 1996. It was founded by Peter Fox, the airline's Chairman, and obtained its operating certificate on April 24, 1996. It is wholly owned by Cargo Holdings International (CHI) and has 265 employees (at June 2011). On November 2, 2007, Cargo Holdings International, the parent company of CCIA entered into an agreement to be acquired by Wilmington, OH-based ABX Holdings, Inc. The company along with sister company Air Transport International were run as separate companies under the Air Transport Services Group umbrella un ...
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Narrow-body Aircraft
A narrow-body aircraft or single-aisle aircraft is an airliner arranged along a single aisle, permitting up to 6-abreast seating in a cabin less than in width. In contrast, a wide-body aircraft is a larger airliner usually configured with multiple aisles and a fuselage diameter of more than , allowing at least seven-abreast seating and often more travel classes. Market Historically, beginning in the late 1960s and continuing through the 1990s, twin engine narrow-body aircraft, such as the Boeing 737 Classic, McDonnell-Douglas MD-80 and Airbus A320 were primarily employed in short to medium-haul markets requiring neither the range nor the passenger-carrying capacity of that period's wide-body aircraft. The re-engined B737 MAX and A320neo jets offer 500 miles more range, allowing them to operate the 3,000 miles transatlantic flights between the eastern U.S. and Western Europe, previously dominated by wide-body aircraft. Norwegian Air Shuttle, JetBlue Airways and TAP Portugal ...
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MatlinPatterson
MatlinPatterson is a distressed securities fund that participates in Distressed securities, distressed and credit opportunities on a global basis. The firm was established in 2002 as a spinout from Credit Suisse First Boston. It is headquartered in New York City and has offices in London and Hong Kong. MatlinPatterson was founded by David Matlin and Mark Patterson. MatlinPatterson, through MatlinPatterson Global Advisers, manages private equity vehicles with a distressed-for-control mandate as well as an open-ended strategy seeking non-control credit investment opportunities. MatlinPatterson is managed by co-founder David Matlin, together with Managing Partner, Peter Schoels and Michael Lipsky. Mr. Schoels has served as Managing Partner since 2009 and is also responsible for management of the illiquid investment portfolio. Mr. Lipsky, who joined the Firm in early 2011, is responsible for management of the liquid investment portfolio. Co-founder Mark Patterson serves as Chairman o ...
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Airbus A330
The Airbus A330 is a wide-body aircraft developed and produced by Airbus. Airbus conceived several derivatives of the A300, its first airliner in the mid-1970s. Then the company began development on the A330 twinjet in parallel with the A340 quadjet and launched both designs with their first orders in June 1987. The A330-300, the first variant, took its maiden flight in November 1992 and entered service with Air Inter in January 1994. The slightly shorter A330-200 variant followed in 1998. The A330 shares its airframe with the early A340 variants, having two main landing gear legs instead of three, lower weights, and slightly different lengths. Both airliners have fly-by-wire controls as well as a similar glass cockpit to increase the commonality. The A330 was Airbus's first airliner to offer a choice of three engines: the General Electric CF6, Pratt & Whitney PW4000, or the Rolls-Royce Trent 700. The A330-300 has a range of 11,750 km or 6,350 nmi with 277 passen ...
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Boeing 747-400
The Boeing 747-400 is a large, long-range wide-body airliner produced by Boeing Commercial Airplanes, an advanced variant of the initial Boeing 747. The "Advanced Series 300" was announced at the September 1984 Farnborough Airshow, targeting a 10% cost reduction with more efficient engines and of additional range. Northwest Airlines (NWA) became the first customer with an order for 10 aircraft on October 22, 1985. The first 747-400 was rolled out on January 26, 1988, and made its maiden flight on April 29, 1988. Type certification was received on January 9, 1989, and it entered service with NWA on February 9, 1989. It retains the 747 airframe, including the 747-300 stretched upper deck, with winglets. The 747-400 offers a choice of improved turbofans: the Pratt & Whitney PW4000, General Electric CF6-80C2 or Rolls-Royce RB211-524G/H. Its two-crew glass cockpit dispenses with the need for a flight engineer. It typically accommodates 416 passengers in a three-class layout ...
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McDonnell Douglas MD-11
The McDonnell Douglas MD-11 is an American tri-jet wide-body airliner manufactured by American McDonnell Douglas (MDC) and later by Boeing. Following DC-10 development studies, the MD-11 program was launched on December 30, 1986. Assembly of the first prototype began on March 9, 1988. It rolled out in September 1989 and made its maiden flight on January 10, 1990. FAA certification was achieved on November 8. The first delivery was to Finnair on December 7, 1990, and it entered service on December 20. It retains the basic trijet configuration of the DC-10 with updated GE CF6-80C2 or PW4000 turbofan engines. It has a slightly wider wing with winglets, and its MTOW was increased by % to . Its fuselage is stretched by % to to accommodate 298 passengers in three classes over a range of up to . It features a glass cockpit that eliminates the need for a flight engineer. The MD-11 failed to meet its range and fuel burn targets. The last of 200 aircraft was built in October 2000 af ...
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Boeing 767
The Boeing 767 is an American wide-body aircraft developed and manufactured by Boeing Commercial Airplanes. The aircraft was launched as the 7X7 program on July 14, 1978, the prototype first flew on September 26, 1981, and it was certified on July 30, 1982. The original 767-200 entered service on September 8, 1982, with United Airlines, and the extended-range 767-200ER in 1984. It was stretched into the in October 1986, followed by the 767-300ER in 1988, the most popular variant. The 767-300F, a production Cargo aircraft, freighter version, debuted in October 1995. It was stretched again into the 767-400ER from September 2000. To complement the larger Boeing 747, 747, it has a seven-abreast cross-section, accommodating smaller LD2 unit load device, ULD cargo containers. The 767 is Boeing's first wide-body twinjet, powered by General Electric CF6, Rolls-Royce RB211, or Pratt & Whitney JT9D turbofans. JT9D engines were eventually replaced by Pratt & Whitney PW4000, PW4000 engi ...
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Boeing 757
The Boeing 757 is an American narrow-body airliner designed and built by Boeing Commercial Airplanes. The then-named 7N7, a twinjet successor for the 727 (a trijet), received its first orders in August 1978. The prototype completed its maiden flight on February 19, 1982 and it was FAA certified on December 21, 1982. Eastern Air Lines placed the original in commercial service on January 1, 1983. A package freighter (PF) variant entered service in September 1987 and a combi model in September 1988. The stretched was launched in September 1996 and began service in March 1999. After 1,050 had been built for 54 customers, production ended in October 2004, while Boeing offered the largest 737 NG variants as a successor. The jetliner is powered by 36,600–43,500 lbf (163–193 kN) Rolls-Royce RB211 or Pratt & Whitney PW2000 underwing turbofan engines for a MTOW. The 757 has a 2,000 sq ft (185 m2) supercritical wing for reduced aerodynamic drag and a conve ...
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ETOPS
ETOPS () is an acronym for ''Extended-range Twin-engine Operations Performance Standards''—a special part of flight rules for one-engine-inoperative flight conditions. The International Civil Aviation Organization (ICAO) coined the acronym for twin-engine aircraft operation in airspace further than one hour from a diversion airport at the one-engine-inoperative cruise speed, over water or remote lands, or on routes previously restricted to three- and four-engine aircraft. History The first heavier-than-air, non-stop transatlantic flight was made in 1919, by John Alcock and Arthur Brown, in a twin-engine Vickers Vimy, from Newfoundland to Ireland in sixteen hours. By 1936 the Bureau of Air Commerce (the precursor to the FAA) restricted operations to within of an airport, regardless of the engine number, about 60 minutes with one engine inoperative. In 1953 the FAA "60-minute rule" restricted twin-engine aircraft to a 60-minute diversion area, based on the piston engine rel ...
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Wide-body Aircraft
A wide-body aircraft, also known as a twin-aisle aircraft, is an airliner with a fuselage wide enough to accommodate two passenger aisles with seven or more seats abreast. The typical fuselage diameter is . In the typical wide-body economy cabin, passengers are seated seven to ten abreast, allowing a total capacity of 200 to 850 passengers. The largest wide-body aircraft are over wide, and can accommodate up to eleven passengers abreast in high-density configurations. By comparison, a typical narrow-body airliner has a diameter of , with a single aisle, and seats between two and six people abreast. Wide-body aircraft were originally designed for a combination of efficiency and passenger comfort and to increase the amount of cargo space. However, airlines quickly gave in to economic factors, and reduced the extra passenger space in order to insert more seats and increase revenue and profits. Wide-body aircraft are also used for the transport of commercial freight and cargo and ...
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Dallas/Fort Worth International Airport
Dallas/Fort Worth International Airport , also known as DFW Airport, is the primary international airport serving the Dallas–Fort Worth metroplex and the North Texas Region in the U.S. state of Texas. It is the largest hub for American Airlines, which is headquartered near the airport, and is the third-busiest airport in the world by aircraft movements and the second-busiest airport by passenger traffic in 2021, according to the Airports Council International. It is the ninth-busiest international gateway in the United States and the second-busiest international gateway in Texas (behind Houston-IAH). American Airlines at DFW is the second-largest single airline hub in the world and the United States, behind Delta Air Liness hub in Atlanta. Located roughly halfway between the major cities of Dallas and Fort Worth, DFW spills across portions of Dallas and Tarrant counties and includes portions of the cities of Grapevine, Irving, Euless, and Coppell. Clippingfrom Newspap ...
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