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Singapore February 19, 2006 - Asian Aerospace 2006 -- Lockheed Martin has recognized multiple businesses within Goodrich Corporation for achieving 100% on-time delivery with 100% quality performance over the course of the past year. Goodrich's de-icing, propulsion systems and hoist and winch teams have achieved this milestone in performance and have been selected to receive Lockheed Martin STAR Supplier awards.

According to John Grisik, Segment President, Electronic Systems, "We are truly honored to be recognized by Lockheed Martin for our performance across three of our teams. This prestigious award is made only to Lockheed Martin suppliers who consistently deliver perfect quality parts to the committed schedule. Clearly, through our enterprise-wide focus on operational excellence our teams have proven their ability to meet some of the most stringent performance criteria in the industry."

Goodrich's operational excellence efforts include the use of Lean Product Development and Continuous Improvement tools coupled with supply chain management/strategic sourcing efforts all focusing on customer satisfaction and cost reduction.

Lockheed Martin's Supplier Performance Evaluation metrics serve as the foundation for the STAR Supplier Awards and in addition to quality and delivery also include product or service affordability as well as management and execution.

Lockheed Martin currently has over 1,600 suppliers. Currently out of that pool of suppliers only 178 have been selected for STAR awards.

Singapore February 19, 2006 - Asian Aerospace 2006 -- As the Airbus A380 takes to the skies at Asian Aerospace this week, a wide variety of technology from Goodrich Corporation will be on board.

Goodrich is one of the world's largest suppliers of landing systems and provides both the main body and wing landing gear for the A380. Though Goodrich was already a major supplier for Airbus, it was the first time the company had been selected to provide landing gear for an Airbus aircraft. The components for the landing gear system are produced by Goodrich's Landing Gear division and involve manufacturing facilities in Oakville, Ontario, Canada; Cleveland, Ohio; Tullahoma, Tennessee; and Krosno, Poland. The final gear integration takes place at the Goodrich facility in Toulouse, France before delivery to Airbus' final assembly line.

Along with providing state of the art main landing gear for the A380, Goodrich is also launching the next generation of evacuation systems with its A380 work package. Goodrich will supply 16 evacuation slide systems per aircraft.

Goodrich is also supplying innovative High-Density Discharge (HID) and LED-based exterior lighting, award-winning variable frequency technology for the aircraft's power generation system (through its Aerolec joint venture with Thales) and flight controls that take advantage of the latest power by wire technology. And Goodrich will provide the primary and standby air data systems.

The primary air data system will feature Goodrich SmartProbe(TM) technology, which uses innovative multi-function sensing probes to increase reliability while reducing overall weight, drag and airline maintenance costs.

Goodrich is also providing an automatic ice detection system, and will bring its experience in aircraft materials and structures to bear in the development of the aircraft's cargo system and with several structural components. Most recently, Goodrich was selected by Airbus to provide the aircraft's cockpit occupancy and cabin attendant seating.

Goodrich Aerostructures team will also provide the sail fairing, or Rear Secondary Structure, an aerodynamic surface that serves to reduce drag associated with the trailing edge of the A380's pylon. It also encloses a number of aircraft systems that must be easily accessible through various doors and removable panels. The company will provide the aft pylon fairing, which also reduces aircraft drag and protects the primary and secondary pylon structures from temperature extremes. In addition, Goodrich will provide the center and rear fan case sections for the Rolls-Royce Trent 900 engine option on the A380.

Furthermore, as the A380 enters service, Goodrich's Component Support network and Maintenance, Repair and Overhaul facilities are being equipped to provide the aftermarket services necessary to keep the A380 in the skies.

Aurora February 21, 2006 - Republic Financial Corporation (Republic) announced today the acquisition of six Airbus A340 -- 200 aircraft from Airbus Financial Services ("AFS"), a wholly owned subsidiary of Airbus. The aircraft are currently subject to five-year operating leases with South African Airways (Proprietary) Limited. Republic recognized the complexities of the transaction and successfully addressed them by combining their asset evaluative expertise with the aviation asset finance specialization of the London-based aviation team of DVB Bank AG ("DVB"). Republic's ability to leverage its relationships and its in-depth knowledge of the product enabled the company to arrange funding and close a complex and sophisticated international transaction.

David Goring-Thomas, global head of aviation of DVB noted, "Because Republic presented a well-structured transaction with attractive characteristics of mitigated risk and healthy collateralization, this was a competitively bid and awarded financial opportunity. Not only does it provide liquidity for the seller, but it also is a compelling investment opportunity for us as the lender."

With extensive global aviation industry experience, Republic invests in aircraft, aviation-related assets and businesses, as well as equipment-lease portfolios. Since 2003, the company has invested in a portfolio of 41 aircraft and aircraft engines. Not only does this latest acquisition expand Republic's role in the aircraft lease market, it also demonstrates the 2005 resale value of the A340 in the market. Republic will maintain the aircraft leases through the year 2010; at which point in time, Republic will pursue a number of asset disposition options including lease extension.

"We were able to recognize the strong value in the assets and leases to create a unique investment opportunity for Republic to the satisfaction of all parties involved," stated Paul Mason, president of Republic's Aviation & Portfolio Group. "This is our second transaction with DVB in less than one year and our first with Airbus. I look forward to bringing these parties together again in future acquisitions with Republic as the originator."

"We were delighted to assist AFS and consider this an excellent opportunity for AFS to relinquish their long-term lease arrangement while entrusting our customer relationship with confidence to a valued partner," acknowledged Philippe Archaud, vice president of Airbus' Asset Management Division. "Republic's demonstrated ability to generate value through creative financial structuring and comprehensive in-depth analysis provided a platform which drove this transaction to completion. Republic with their ability to construct transactions of this nature is a great fit for Airbus and brings great value to us in our asset trading business. We look forward to the next deal."

Continental ranked No. 1 in several key categories on the list, including quality of products and services, quality of management, innovation, and social responsibility.

"We are honored to have been named America's most admired airline," said Larry Kellner, Continental's chairman and CEO. "It is a direct reflection on my 42,000 co-workers, who are truly the reason for Continental's success. Despite the challenges facing the industry, our employees continue to deliver a world-class product with outstanding service, day in and day out."

The rankings are determined in a survey of industry analysts, boards of directors, and corporate and airline executives. They survey eight areas, including quality of products and services, quality of management, innovation, social responsibility, financial soundness, employee talent, use of corporate assets, and long-term investment value.

Southwest Airlines was ranked second on the list, followed by AMR, Alaska Air Group, ExpressJet Holdings, America West Holdings, Northwest Airlines, Delta Air Lines, UAL and US Airways Group.

1. Continental Airlines

2. Southwest Airlines

3. AMR

4. Alaska Air Group

5. ExpressJet Holdings

6. America West Holdings

7. Northwest Airlines

8. Delta Air Lines

9. UAL

10. US Airways Group

New Orleans February 21, 2006 - Continental Airlines will return to its pre-Katrina departure frequency of 111 flights per week at Louis Armstrong New Orleans International Airport by May 2006 -- sooner than any other carrier.

Although airlines in total have restored less than half the seat capacity that existed before the hurricane, Continental leads all carriers with 86 percent of its pre-Katrina seats currently available in the market. The new flights to be added by May will lift Continental to 94 percent of its local pre-Katrina capacity.

Having a hub in nearby Houston makes Continental a convenient choice for travel to and from New Orleans.

Continental's aggressive restoration of flights and capacity is a hopeful sign for New Orleans' visitor-dependent economy. Numerous conventions and events, such as Mardi Gras, require substantial airline capacity to be successful. Continental alone is carrying more than 29,000 travelers to New Orleans during the Mardi Gras celebration.

"Our local employees have shown tremendous enthusiasm for the task of regenerating our business in New Orleans," said Continental New Orleans General Manager Darrel North.

"Continental has supported us locally by providing the ongoing capacity growth that we know we need as the city's population returns and as business and tourism activity increases."

Continental currently operates a total of 99 weekly departures from New Orleans, including 77 to Houston, 14 to Newark Liberty and 8 to Cleveland, providing approximately 20 percent of all seats in the market.

Continental was one of the first airlines to begin flying to New Orleans after the hurricane by delivering relief supplies and providing evacuation flights for people and pets displaced by the storm. Continental resumed scheduled passenger service in New Orleans on Sept. 19, 2005. About 100 Continental employees work in New Orleans.

City of Industry CA February 21, 2006 - Global ePoint, Inc., a leading manufacturer of security technologies for the aviation, law enforcement, commercial and industrial markets, announced today that its AirWorks Aviation Division recently completed the first sales of its Cockpit Door Surveillance System (CDSS) into the Indian aviation market. GE Capital Aviation Services (GECAS) purchased the CDSS for use by Air Deccan and Indigo Airlines, two fast-growing regional carriers, who will be leasing two Airbus A320 aircraft. The CDSS is already installed on over 800 aircraft flying worldwide on major international airlines and domestic carriers.

"We are excited to complete the first sales of the CDSS into one of the fastest growing aviation markets in the world," said Ricky Frick, President of the Company's AirWorks Division. "India's economy, which represents Asia's fourth largest market, is on the threshold of globalization, with the aviation industry expected to play an increasingly important role. Our ability to enter new markets early has the potential to deliver strong revenue growth, as we previously demonstrated in Germany where we have 88% of the market. Emerging markets, such as Mexico and India, represent attractive opportunities for AirWorks to grow."

At last year's Paris Air Show, Indian carriers accounted for more than half of the US$13 Billion orders. Recently, Air India placed an order for 68 jets (US$11 Billion), the largest single order in India's Civil Aviation history. In 2005, India's air traffic was almost a million passengers and with this year's forecast of a 15-18% domestic traffic growth, India's air travel market is poised to grow about 30% over the next five years.

Recognizing India's growing stature in the aviation market, the Federal Aviation Administration has decided to open its first overseas office in India, a move that is seen as a measure of India's growing importance in the field of aviation in the region. Announced during the Indian Civil Aviation Minister Praful Patels' official US visit, the New Delhi liaison office, staffed by a permanent FAA representative, seeks to develop greater technical cooperation and field agreements not only in aviation infrastructure, air traffic control systems and certification, but more importantly, aviation safety systems.

Oranjestad, Aruba February 21, 2006 - The Aruba Tourism Authority, together with its private sector partners, is forging ahead in 2006 with major investments in its tourism product totaling over $200 million. Expansions and renovations encompass virtually every sector of the travel industry, from the airport and cruise terminal to hotels, spas and restaurants.

"The island of Aruba is making significant investments in economic development across the island," said Minister of Tourism and Transportation Edison Briesen. "The $200 million flowing into tourism is indicative of the strength of this market and the island's dedication to serving our visitors and enhancing the guest experience. We are poised for an increase in both tourism numbers and revenue in 2006."

The Government of Aruba is investing approximately $16 million in the creation of the largest linear park in the Caribbean, stretching 10 miles from Aruba's Queen Beatrix International Airport to the end of the high-rise hotel corridor. The new landscaping will include green areas, walking and bike paths designed to enhance the ocean view along this much-traveled stretch from airport to hotels.

Other areas of the island, such as Baby Beach, on the east end, and downtown Oranjestad, the island's capital, are undergoing development and upgrades. One of the most visible sectors of change is among the island's hotels and resorts, where over $150 million has been invested in major renovation and expansions spanning 2005 through 2007:

-- Andicuri Valley Resort and Spa is a multi-million project planned for the rustic and picturesque valley of Andicuri. The Eco resort will feature 80 rooms.

Other areas of investment include:

-- The launch of "The Aruba Promise," an island-wide tourism-training program.

-- New restaurants, such as Foot Prints Beach Grill (Hyatt Regency Aruba Resort & Casino); The Promenade II (Aruba's Sun Plaza Center); Sakura Sushi House (Aruba's Aventura Mall); Crustaceans and Steaks (Irausquin Boulevard); Passions Beach Bar & Restaurant (Amsterdam Manor Beach Resort), will open.

Two Level D full flight simulators (FFS) will be provided adding a further two FFS to the four FFS delivered to China in the last four years in support of the booming Civil Airline market in China, which has seen in excess of 400 aircraft orders placed in 2005.

The new FFS under this contract will feature the new Thales motion system, eM2K. eM2K is a six-degree of freedom electric motion system using hydraulic mass compensation and transmission, delivering 80% savings in power consumption compared to existing full flight simulators. The simulators will be fully qualified to the highest internationally recognized level of flight simulation.

An innovative 'service-level' support package for these full flight simulator will be provided as part of this contract, following their installation at a new, purpose-built facility in Shanghai.

Senior Vice President of the Thales services business, Jean-Paul Lepeytre said: "This contract strongly establishes Thales as the leading supplier of B737 simulators in China, a market that is growing at a phenomenal rate. This win demonstrates that our commitment to technical research and development has produced a product that our customers want, with this further endorsement of eM2K. Our contract with Shanghai Airlines is based on our comprehensive support service, which is proving very attractive and incorporates a long-term local commitment by Thales. This is an excellent export achievement demonstrating both technical product excellence and innovative services provision."

Under the terms of this selection, Thales will equip Germanwings aircraft with the new generation Flight Management System (FMS) developed in partnership with Smiths Aerospace, the T2CAS (Terrain and Traffic Collision Avoidance System), Mode S transponder, Multi-Mode Receivers (MMR), VHF Data Radios (VDR), Dual Distance Radio Magnetic Indicator (DDRMI), Low-Range Radio-Altimeters (LRRA), Pitot Probes, Angle Of Attack sensors, Emergency Locator Transmitters (ELT) and ATC/TCAS (Air Traffic Control / Traffic alert & Collision Avoidance System) control panels.

Ralf Nöther, Technical Director of Germanwings, said: "We selected Thales’ Topflight line for the high level of technology and the low lifecycle cost solution it brings us. Some of their products bring some improvement in crew’s situational awareness while offering the best value solution. We are convinced it is the beginning of a long-term partnership with Thales."

Furthermore, the Germanwings cockpit will be a full LCD glass cockpit including Integrated Electronic Stand-by Instrument (IESI), Electronic Instrument System (EIS2) and the new MCDU (Multifunctional Control Display Unit) using active matrix LCD, all developed and manufactured by Thales.

Designed in partnership with ACSS, T²CAS is a unique safety avionics product that combines a climb performance-based Terrain Awareness Warning System (TAWS) with the industry’s leading Traffic alert and Collision Avoidance system TCAS 2000. T²CAS received Federal Aviation Administration (FAA) certification in February 2003 and is offerable for the airlines as a supplier furnished equipment (SFE) option on all new Airbus long range, single aisle and wide body aircraft.

The Topflight FMS is a highly attractive alternative for Airbus operators. It introduces a new LCD MCDU, the largest navigation database capacity available for Airbus aircraft (5 megabytes), superior flight planning flexibility (multi revision temporary flight plan, undo function, improved DIR TO…), and upgraded display functionality: "what you see is what you fly."

Daniel MALKA, VP General Manager, Thales Avionics Europe Middle East and Africa comments on this successful selection: "We are very pleased to add Germanwings to our customers list, which already encompasses most of the world’s Low Cost Carriers. Following the recent selections of Thales avionics products line by Air Berlin and Nikki in Europe, Air Asia and IndiGo in Asia, we have proved again our ability to offer customized solutions that serve to limit airlines’ acquisition and operational expenses. With a growing presence in Europe and Asia, Thales continues strengthening its position of preferred avionics supplier of low cost operators and we are delighted to secure this business from Germanwings."

White Plains NY February 21, 2006 - K & F Industries Holdings, Inc. through its wholly owned subsidiary, Aircraft Braking Systems Corporation (ABSC), has been chosen by Bombardier* Aerospace to supply wheels and brakes for its new Challenger 605* business jet.

Bombardier introduced the Challenger 605 last November at the 2005 National Business Aviation Association convention. First flight occurred in January 2006 and the aircraft is now at Bombardier's Flight Test Center in Wichita, Kansas. The aircraft is the next major step in the evolution of Bombardier's flagship Challenger* business jet and is scheduled to begin flight-testing in the first quarter of 2006. Transport Canada aircraft certification is expected for the fourth quarter of 2006, with entry into service to begin in the third quarter of 2007.

Kenneth M. Schwartz, K & F Industries president and chief executive officer, stated, "We are very pleased that Bombardier has shown its confidence in our products with its decision to continue the relationship with ABSC as the supplier of wheels and brakes for the Challenger 605 jet.

Bombardier produces some of the most technologically advanced aircraft in the industry and has been an excellent customer to ABSC for many years. Today over 2,000 Bombardier business jets are landing on our wheels and brakes. In addition, we supply wheels and brakes for Bombardier's full line of regional airliners."

ABSC introduced revolutionary carbon brake technology to business aircraft on the original Bombardier Challenger 600* and subsequent Challenger 601* aircraft family. ABSC developed higher capacity wheels and carbon brakes for the Challenger 604* to accommodate the increased braking requirements of the heavier aircraft. Today, over 650 Challenger 600 Series aircraft are equipped with ABSC's wheels and carbon brakes.

Singapore February 21, 2006 - Honeywell announced today that Airbus has selected the Honeywell HGT1500 auxiliary power unit (APU) to supply pneumatic and electric power for the Airbus's new long- range, wide-body A350 aircraft.

The program could generate up to $4 billion in original equipment manufacturer (OEM) and aftermarket revenue for Honeywell over the life of the program.

The new HGT1500 is a high-power density gas turbine APU configured to provide pneumatic and electric power to support aircraft operations. The pneumatic and electric power supports cabin conditioning and main engine starting during ground operations and emergency power for in-flight operation.

"The HGT1500 is the newest addition to Honeywell's world-leading portfolio of auxiliary power units that support commercial airline and business and military aircraft," said Tim Mahoney, President, Air Transport and Regional, Honeywell Aerospace. "It incorporates proven technologies from Honeywell's fleet of Airbus APU's, optimally combined with the newest technology to reduce weight, maximize performance, and reduce direct maintenance for efficient, low-cost operations."

This new APU provides the equivalent of 1,500 horse power in the form of pressurized bleed air and electrical power to support various aircraft systems allowing the aircraft to operate autonomously, free of supplemental ground power sources. It uses a load-compressor architecture to deliver up to 2.86 kg/sec of bleed air on the ground and in flight up to 25,000 feet altitude. The bleed air is primarily used by the aircraft environmental control system to ventilate and condition the cabin temperature and for starting the main engines. The APU can provide up to 150 kW of shaft power to drive the gearbox-mounted electrical generator. The APU will be capable of starting and providing supplemental electrical power up to 41,500-ft altitude. The HGT1500 will be ETOPS certified to support long-range flight operations.

"Honeywell has worked with Airbus to understand the specific needs of their A350 aircraft program and develop an APU design that meets or exceeds their requirements for high performance and reliability at a light weight and low cost while assuring low program risk," said Greg Albert, Vice President Airbus Programs, Honeywell Aerospace.

Singapore February 20, 2006 - CAE has been awarded contracts by Malaysian carrier AirAsia for the provision of two Airbus A320 full flight simulators and two A320 CAE Simfinity(TM) Maintenance/Flight Training Devices (MFTDs), as well as a 10-year simulator maintenance service agreement.

CAE had previously announced that these two A320 simulators had been sold to an undisclosed third-party customer, and had included the sales in the company's quarterly financial results. The total number of full-flight simulator orders that the company has been awarded in fiscal year 2006 remains unchanged at seventeen.

As part of a previous flight training agreement signed with AirAsia in February 2004, a CAE owned Boeing 737-400 full-flight simulator is being operated in AirAsia's Kuala Lumpur training center. Under the new simulator maintenance agreement, the team of technical support staff that CAE employs in Kuala Lumpur to maintain the B737-400 simulator will maintain all of AirAsia's A320 flight training equipment for the next 10 years.

To support both the B737 and A320 training offered at the center, one of the A320 MFTDs that AirAsia has ordered can be converted into a Boeing 737 CAE Simfinity integrated procedures trainer.

"We're delighted to be building upon the already solid relationship that CAE shares with AirAsia," said Marc Parent, CAE's Group President, Simulation Products.

"CAE is expanding its service offering, and we're proud to be part of AirAsia's growth strategy," said Jeff Roberts, CAE's Group President, Civil Training and Services.

Singapore February 20, 2006 - AAR CORP. today announced that its component repair operating unit, AAR Aircraft Component Services, and France-based regional aircraft manufacturer ATR have signed a multi-year agreement under which AAR will repair and overhaul rotable components for ATR regional turboprop aircraft.

The component support agreement will enable ATR to offer cost effective, reliable and responsive rotable component repair and overhaul support to operators of ATR 72 and 42 regional turboprops. The program is designed to help ATR provide its customers with cost-effective and timely component support.

"We look forward to building our relationship with ATR as they expand their worldwide fleet of ATR 72 and 42 aircraft," said Rob Bruinsma, General Manager of AAR Aircraft Component Services. "AAR's internal capabilities will integrate seamlessly with the services offered by ATR to minimize aircraft downtime and lower operating costs."

Maintenance and support requirements for regional aircraft are expected to increase significantly as the worldwide fleet continues to grow and mature. AAR is well positioned to meet these requirements with a broad range of services, including parts supply, logistics, component repair, airframe maintenance and landing gear overhauls -- offered both as stand-alone services and integrated as complete nose-to-tail support programs.

Ludwigsfelde, Germany February 21, 2006 - Pratt & Whitney Canada Customer Service Center Europe GmbH (P&WC CSC Europe GmbH) has officially started offering Repair and Overhaul (R&O) services for the PW500 series engine at its R&O facility in Ludwigsfelde near Berlin, Germany. The facility has also expanded its Mobile Repair Team (MRT) to support customers in the field operating the PW500.

Modifications were carried out to the layout of the facility to integrate the PW500 R&O services within the existing turbofan line. New test cell equipment has been added and certified, and staff at the facility has also undergone comprehensive training to provide PW500 related services.

"Having the capability to perform major repairs and overhauls to the PW500 provides our customers with a full-service P&WC facility within Europe," said Juergen Pilot, General Manager, CSC Europe. "This will help reduce transportation time and costs, and allow for communication within a similar time zone."

P&WC CSC Europe GmbH is a joint venture of P&WC and MTU/Germany and operates two modern service centers plus Mobile Repair Teams (MRT) in Ludwigsfelde, Germany and Southampton, U.K. The Southampton facility is conveniently located adjacent to the Southampton International Airport. This 60,000-square-foot facility offers full repair and overhaul support for PW100 and PT6T Twin-Pac^®, including two test cells, one for each engine series. The Ludwigsfelde facility is located near the city of Berlin. In addition to providing new services for the PW500, it offers full repair and overhaul support for PT6A, JT15D, PW200 and PW300 engine series.

Singapore February 21, 2006 - Pratt & Whitney Canada Corp. (P&WC), a United Technologies Corp. (NYSE: UTX) company, has signed an exclusive five-year agreement with ATR to maintain engines for Air Deccan's fleet of ATR 42 and ATR 72 turboprop aircraft.

The agreement will provide engine maintenance and accessory coverage for Air Deccan's fleet of PW127 and PW121 engines. The contract includes Air Deccan's 2005 order for 30 ATR72-500s, some of which have been delivered already.

P&WC will establish Hot Section Inspection (HSI) capability in India by year-end to support Air Deccan's fleet and the growing number of commercial and corporate operators in India. "This investment reflects our firm commitment to support our growing customer base in this region," says Claude Lachapelle, Commercial Director, P&WC Service Centers. "We expect to have more than 500 P&WC engines in India by 2008."

Washington February 21, 2006 - Washington Dulles International Airport got a $200 million pledge from the federal government to help build a fourth runway today when Secretary of Transportation Norman Y. Mineta signed a letter of intent to provide funding over the next eleven years for the project.

"The new runway will reduce flight delays, allow the airport to keep pace with demand, and ensure safety" Mineta said. "It will give Washington area travelers more choices, more convenience and more confidence."

The new federal funds will help cover the costs of building the runway and associated taxiways at the airport. The project will provide a third north-south runway at the airport. Once completed in 2008, it will allow the airport to handle up to 50 percent more flights per hour during the right conditions, Mineta said.

He added that the new runway would make it easier for aircraft to land during bad weather conditions. He said the project also would help reduce flight delays nationwide. "Making sure the airport can handle more takeoffs and landings each year is the best way to avoid the kind of traffic jams in the sky that cause delays at airports from Savannah to San Diego and Memphis to Miami."

The new runway is needed because Dulles is one of the fastest growing airports in the country, Secretary Mineta said. Noting that traffic at the airport has grown from twelve million passengers a year in 1996 to over twenty-seven million in 2005, Mineta said the airport is now among the nation’s busiest.

He said that the airport has been working over the years to keep pace with its growing passenger load, by expanding its main terminal, adding a new air traffic control tower and new concourses and building new parking facilities, among other projects. But he said that "this airport is growing too fast to just tinker around the edges."

The Letter of Intent signed by Secretary Mineta and Metropolitan Washington Airports Authority President James Bennett provides Dulles with a federal commitment to use Airport Improvement Funds from the Federal Aviation Administration to help cover part of the $356 million project.

Washington February 21, 2006 - U.S. scheduled passenger airlines employed 6.3 percent fewer workers in December 2005 than in December 2004, the 12^th consecutive month that full-time equivalent employee levels for the scheduled passenger carriers declined compared to the same month of the previous year, the Bureau of Transportation Statistics (BTS), a part of the U.S. Department of Transportation’s Research and Innovative Technology Administration (RITA), reported today.

Ottawa February 20, 2006 - NAV CANADA today announced that proposed changes to its service charges, which were projected to be implemented gradually starting March 1, 2006 will not come into effect on that date.

The NAV CANADA Board of Directors has decided that more time is needed to consider the comments and suggestions made in submissions received from stakeholders during the consultation period. A decision on the proposals, including implementation dates, is now anticipated in April 2006.

NAV CANADA released a proposal for a number of changes to its customer service charges on December 2, 2005, with a consultation period ending February 10, 2006. The changes aim to better balance the charges between large and small aircraft better reflect the impact of new technology and better absorb the financial impact of fluctuations in air traffic. The proposed charges represent changes in NAV CANADA's overall charging methodology, and are not designed to increase the Company's total revenues.

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