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Seattle June 6, 2006 - The Boeing Company and Continental Airlines today announced the airline ordered another 10 787-8 Dreamliners and an undisclosed mix of 24 Next-Generation 737s as part of Continental's ongoing growth plans.

Today's order brings to 20 the number of 787s the airline has on order, the most of any US airline. The value of the 10 new 787s and 24 737s is approximately $3 billion at average list prices.

The first of Continental's 787s will deliver in 2009. The Next-Generation 737s contained in the new order are scheduled to begin delivery in 2008.

"The game-changing 787, in combination with the popular 777, will provide Continental with long-range, fuel-efficient capability and the fleet flexibility to react to an ever-changing market," said Mike Bair, Boeing vice president and general manager of the 787 program.

With today's order, Boeing now has 403 orders and commitments from 29 carriers worldwide for the Dreamliner. Continental was the first major US carrier to commit to the technologically advanced 787, which is slated to enter service in 2008.

With the 787 Dreamliner, Boeing continues its leadership and innovation with a mostly composite airplane that consumes 20 percent less fuel, provides airlines with up to 60 percent more cargo revenue capacity and offers passengers a better flying experience. The 787 sets the standard for interior passenger comfort, allowing higher cabin humidity, lower cabin altitude, wider seats and aisles, innovative LCD lighting, larger windows and unmatched stowage capacity.

Eagan MN June 6, 2006 - Northwest Airlines said today that it was disappointed that its flight attendants, represented by the Professional Flight Attendants Association (PFAA), failed to ratify a tentative contract agreement reached in early March between the company and the union.

"The tentative agreement was a product of extensive negotiations involving substantial compromise on the part of Northwest Airlines and PFAA's negotiating committee. Northwest bargained in good faith with representatives of PFAA and addressed flight attendant concerns on issues including international flight staffing, furloughs and pensions," said Mike Becker, senior vice president of human resources and labor relations.

"We reached a consensual agreement with the union's negotiating committee whom the flight attendants chose to represent them. Importantly, that agreement held out the best hope for preserving flight attendant jobs," Becker continued.

Notwithstanding the results of the flight attendants' contract vote, Northwest must continue to move forward with its restructuring efforts in light of ongoing losses, persistent record-high fuel costs and the urgent need to realize $1.4 billion in annual labor cost savings.

Accordingly, Northwest today asked the US Bankruptcy Court for the Southern District of New York to rule on the company's Section 1113(c) motion to reject the existing flight attendant labor agreement and permit Northwest to impose new contract terms.

The trial on Northwest's Section 1113(c) motion began in Bankruptcy Court on Jan. 17 and ended on Feb. 3. The two parties announced a tentative agreement on March 1, after the close of the record, but prior to a court ruling on Northwest's motion. Today's action requests that Judge Allan L. Gropper rule on the Northwest motion as soon as possible so that the airline can take necessary actions to stem its losses. For the first quarter of 2006, Northwest reported a net loss of $129 million, excluding extraordinary items.

Northwest also announced that it is filing a motion with the Bankruptcy Court asking for a preliminary injunction to prevent a threatened strike by PFAA. Northwest has repeatedly stated that a work stoppage by its flight attendants is unlawful under the Railway Labor Act, which governs airline labor, issues.

"We are taking this action to reassure our customers that they can continue to book Northwest with confidence for their future travel needs," Becker added.

Toronto June 7, 2006 - On June 6, the Air Canada Pilots Association (ACPA) formally met with negotiators from Air Canada as part of the Wage and Pension Re-Opener process.

The company is required to re-negotiate wage and pension terms with its unions, a process which was agreed upon during the Companies Creditors Arrangement Act (CCAA) process in 2003 and 2004.

"Based on the company's strong financial results, we believe they can afford our proposals to recoup losses sacrificed during bankruptcy protection," says ACPA spokesperson Capt. Serge Beaulieu.

Beaulieu says the association's proposals maintain Air Canada's competitiveness, while at the same time ensuring pilots receive recognition for the sacrifices they made to bring the company back from the brink.

"We took significant wage concessions, in addition to work rule changes that resulted in substantial layoffs and demotions. Now that the company is North America's aviation success story, we expect our contribution to be recognized," Beaulieu adds.

Ha Noi June 7, 2006 (VNA) - The national flag carrier Viet Nam Airlines is required to pay 5.2 million Euros (6.68 million USD) in damages to an Italian lawyer after its appeal of the case dismissed by the Court of Appeals in Paris, said an airline official.

According to Nguyen Tan Chan, Vice Head of the Culture-Emulation-Information Section of Viet Nam Airlines' External Department, the court has dismissed the carrier's appeal of the judgement awarded in a lawsuit filed by lawyer Maurizio Liberati, who used to work for the airline's former agent in Italy.

Viet Nam Airlines will also have to pay an additional 10,000 USD for other legal costs.

Chan also said that General Director Nguyen Xuan Hien now is on a mission overseas to work with the airline's lawyers to settle the suit.

Besides the lawsuit, Viet Nam Airlines has had several other scandals recently reported by media.

The airline is now under a government investigation into rumors about the use of its budget to send ineligible students to study abroad, some of them the children of a number of officials.

The media has also reported on an airplane purchase contract the airline made in 1999-2000, which caused great losses to the State budget.

Van Nuys CA June 7, 2006 - Van Nuys Airport's free Rockin' AirFest 2006 will feature a collection of rare historic aircraft from world-famous flying museums, a flyover by the high-tech F-22 Raptor jet, skydiving demonstrations, live band performances, a visit by the Budweiser Clydesdales, airfield bus tours, educational exhibits and more. Excellent opportunity for visuals.

• Display of more than 50 restored former military and combat civilian aircraft, including the world's only flying Navy Curtiss SB2C Helldiver and fully restored Tuskegee Airmen AT-6
• LA's first-ever flyover by the F-22 Raptor, the world's most advanced fighter jet
• A US Navy Legacy Flight featuring a formation flyover by a modern F/A-18 Hornet and classic Corsair
• Skydiving demonstrations by the Misty Blues All Woman Skydiving Team
• Live bands playing Motown, oldies, rock and Latin music
• Airfield bus tours for a behind-the-scenes look at the world's busiest general aviation airport

Sunday, June 11, 9 a.m. to 5 p.m. Event Schedule

9 a.m. - 5 p.m. Aircraft displays, aerial demonstrations, entertainment, airport tours

9:30 a.m. Opening ceremony, with aerial demonstrations (including formation flyovers and a flag jump by the Misty Blues), award presentation to the Commemorative Air Force's Southern California Wing, and remarks by Los Angeles City Councilman Tony Cardenas and other officials

1 p.m. AV-8B Harrier flyover and F-22 Raptor flyover

3 p.m. - 3:30 p.m. US Navy Legacy Flight and Misty Blues skydiving demonstration

Live Bands

Klass 1 (Set 1 at 9 a.m. and Set 2 at 10:05 a.m.) -- Motown band direct from Las Vegas

Sol de Alegria (11:45 a.m.) -- Band that plays a unique blend of Latin guitar and Rumba flamenco

Jay Bolan Band (1:30 p.m.) -- Well-known LA band that plays classic to modern rock

Captain Cardiac and the Coronaries (3:30 p.m.) -- Premier 1950s-1960s rock and roll band

New York June 7, 2006 - JetBlue Airways today broke ground at Orlando International Airport for construction on its $24.5 million JetBlue Crew Lodge, which will be used to accommodate the airline's crewmembers who are in the Greater Orlando area conducting training and other related airline business. The Lodge will be situated on 4.5 acres of a total 6.5 acres leased from the Greater Orlando Airport Authority (GOAA) as the JetBlue Training Center Support Facility, and will create hundreds of construction jobs and 50 permanent new jobs for Orlando residents.

Expected to be completed in approximately 14 to 18 months, the JetBlue Crew Lodge will operate like a unique hotel, delivering the JetBlue experience to the airline's crewmembers in a campus-like setting. It will feature 292 guest rooms, a 4,000 square-foot assembly room, a 1,000 square-foot fitness center, two quiet study rooms and four additional meeting rooms, an e-library and a great room. Outdoor amenities of the Lodge will include a pool, sports court and outdoor kitchen facilities.

"Building on our long-standing partnership with the Greater Orlando Aviation Authority, Governor Jeb Bush, Mayor Buddy Dyer and County Chairman Rich Crotty have all stepped up to the plate to help take JetBlue's commitment to Central Florida to the next level," said Dave Barger, President and COO of JetBlue Airways. "We were also fortunate to have the support of a variety of community organizations such as the Metro Orlando Economic Development Commission. Today's groundbreaking is a very exciting day for us all."

"I congratulate JetBlue as they celebrate today's groundbreaking, and thank them for their continued investment in the Sunshine State," said Florida Governor Jeb Bush. "This latest expansion will support the training of thousands of JetBlue crewmembers on an annual basis, and I join with the citizens of Central Florida to warmly welcome them during their stay."

"We are excited about JetBlue expanding their presence here in the City of Orlando," said Buddy Dyer, Mayor, City of Orlando. "The JetBlue employees who come here to train at the JetBlue University will be spending several weeks in Orlando, giving them the opportunity to explore our City and all it has to offer. JetBlue's continued growth in this community is contributing to our efforts to diversify the economy."

"JetBlue's operation at Orlando International Airport is first class in every way," said Orange County Mayor Richard Crotty. "The company is a terrific community partner and an example of the kind of high value employment we want to grow in Orange County. Congratulations!"

"Orlando International Airport is becoming the Hub of Florida's Airline Industry, and we are proud to see JetBlue Airways becoming the centerpiece of Florida's Aviation future," said Rep. Bob Allen, whose Florida House District 32 includes the Orlando International Airport.

"The Greater Orlando Aviation Authority applauds JetBlue's vision for the future as they continue to expand and invest in Central Florida," said Jeff Fuqua, Chairman, Greater Orlando Aviation Authority. "Their reputation for excellence and innovation in customer service and contribution to the diversification of the economy by bringing this unique concept of a University Lodge to our airport will bring new opportunities to our region."

The Lodge will be constructed by Manhattan Construction, with Mitchell, Carlson, Stone, Inc. as the design architect and lead for the design team. Isis Investments is the developer and Tishman Construction Corporation serves as owner's representative. Intercontinental Hotels Group (IHG) will serve as the Lodge operator.

The JetBlue Crew Lodge will complement two other JetBlue support facilities at the Orlando International Airport: a support campus that offers initial and recurrent training for the airline's Flight Operations, Flight Attendant, Technical Operations and Customer Service crewmembers that was opened on June 6, 2005; and a LiveTV three-bay hangar facility opened on April 26, 2005. LiveTV is the wholly owned subsidiary of JetBlue that provides the inflight satellite television system available on all JetBlue aircraft. In addition, JetBlue will celebrate its sixth year of service at Orlando International Airport on June 21.

Amsterdam June 7, 2006 - BAE Systems today has formally exercised the put option regarding its 20 percent stake in Airbus. EADS and BAE Systems will seek to finalize their negotiations regarding the sale of BAE Systems' Airbus stake to EADS during the coming weeks. The finalization of the transaction will be subject to BAE Systems shareholders' approval and will make EADS the sole shareholder of Airbus. Already in April 2006, BAE Systems announced its intention to sell its stake in Airbus.

If BAE Systems and EADS are unable to agree on the terms of the sale, in accordance with the Airbus shareholders’ agreement, an investment bank acting as an expert will be appointed to determine the price to be paid by EADS. EADS retains the right to pay in cash, in shares or in a mixture of both.

Further steps will be communicated if and when appropriate.

Irvine CA June 7, 2006 - Flight Deck Resources (FDR) has been awarded a contract from Porter Airlines to provide a complete turnkey Electronic Flight Bag (EFB) solution and ground update system across their fleet. This EFB solution will enable Porter Airlines to realize significant cost savings and operational benefits associated with automating flight operations.

FDR will provide a complete turnkey Class 2 EFB solution for the flight deck on Porter Airlines' fleet of Bombardier Q400 aircraft in addition to its FlightLine(TM) suite of applications including FliControl(TM) and FliView(TM). FDR will implement its FGSserv(TM) ground update system to support timely delivery of operational data across Porter Airlines' fleet and its operations and maintenance centers.

"Our turnkey EFB solution provides the functionality and value that our customers are seeking, within a complete package that allows the airline to focus on their operations," said Keith Lockwood, President/CEO for Flight Deck Resources. "Our end-to-end solution fits our customer's needs."

"FDR has developed a turnkey EFB solution that is the right fit for our launch later this year," said Robert Deluce, President and CEO of Porter. "Our goal is to use available technology with a clear focus on safety, operational efficiency and operating cost reductions."

Houston June 7, 2006 - Continental Airlines has restored nearly all of its flights between the United States and Cancun International Airport since Hurricane Wilma hit the region last fall. Currently, the airline is operating 61 flights per week to Cancun, almost 90 percent of its seats available in the market pre-Wilma.

Continental's restored flight schedule is a hopeful sign for Cancun's visitor-dependent economy. Ranked as one of the top international leisure destinations in the Caribbean region, Cancun has almost fully recovered from damage inflicted by Hurricane Wilma last October. Travelers visiting one of the Caribbean's most popular vacation hotspots will find the destination and its newly renovated resorts, restaurants, beaches and attractions in better condition and even more accessible.

Continental currently operates a total of 61 weekly departures from Cancun, including 44 to Houston, 16 to New York/Newark Liberty and one to Cleveland. The carrier provides approximately 15 percent of the total seats between Cancun and US points.

Continental was one of the last airlines to stop flying to Cancun before the hurricane and one of the first carriers to resume scheduled passenger service after the hurricane. The airline also flew sixteen relief flights (eight to Cancun and eight to Merida) to evacuate tourists who were stranded in the region.

Approximately 40 employees work at Continental Airlines in Cancun.

Panama City June 7, 2006 - Copa Airlines, a subsidiary of Copa Holdings, S.A., continues to expand its fleet with the arrival this month of three new aircraft -- two Embraer 190ARs and one Boeing 737-700 NG -- bringing the total number of aircraft in the airline's fleet to 27.

"Our fleet continues to grow, allowing us to offer our passengers more flights and connections through our Hub of the Americas," said Pedro Heilbron, CEO, Copa Airlines. "These new aircraft reaffirm our commitment to offer the best service and the best travel options in America."

Copa will operate the Embraer 190ARs to Copa's newly announced destinations for 2006: Santiago de los Caballeros, Dominican Republic; Manaus, Brazil; Maracaibo, Venezuela; San Pedro Sula, Honduras; and Port of Spain, Trinidad and Tobago. The new Boeing 737-700 NG will be used on the route to Montevideo, Uruguay.

Copa's Embraer 190AR aircraft is configured with 94 seats, 10 in Clase Ejecutiva (Business Class) and 84 in coach, and incorporates the latest technology such as "winglets," ultra-efficient GE CF34-10E engines, and the most advanced "fly by wire" aviation technology from Honeywell Corporation.

The Boeing 737-700 NG has 124 seats, 12 in Clase Ejecutiva (Business Class) and 112 in the main cabin, offering spacious interiors with large overhead compartments, comfortable seats and a 12-channel audio/video entertainment system.

Orlando June 7, 2006 - AirTran Airways, a subsidiary of AirTran Holdings, Inc., today launched the airline's new nonstop daily service from Indianapolis International Airport to San Francisco International Airport. The service will operate from San Francisco International Airport's International terminal on the airline's popular Boeing 737 aircraft.

AirTran Airways recently launched new nonstop service from Indianapolis to Los Angeles on May 9, 2006, and will add a second nonstop flight June 20, 2006. By the end of June, the airline will fly to eight nonstop destinations from Indianapolis, including Atlanta, Ft. Lauderdale (seasonal), Ft. Myers, Los Angeles, Orlando, San Francisco, Sarasota/Bradenton (seasonal) and Tampa.

"We are committed to providing our Indianapolis customers with low-fare, high-quality service to some of the most desired business and leisure destinations in the US," said Kevin Healy, AirTran Airways' vice president of planning. "This new service to San Francisco will offer race fans an easy and affordable option to follow the AirTran Airways sponsored Andretti-Green Racing Team and the Indy Racing League to wine country for the IRL Grand Prix of Sonoma at the Infineon Raceway on August 27, 2006."

Sacramento June 7, 2006 - Aerojet, a GenCorp Inc. company, announced today that it has received the Aerospace Industry Association's (AIA) Worker Safety Improvement Award for the greatest reduction in injuries and illnesses from 2004-2005.

Raytheon was the other award winner, earning the 2005 AIA Worker Safety Leadership Award for the lowest total incident rate in the remaining three categories -- Aircraft, Space Vehicles, and Aerospace Components.

The AIA Environment, Safety, and Health Committee established these awards last year as a way to recognize outstanding member companies and encourage further improvement. It also encourages companies to share health and safety data as well as best practices.

"Aerojet is very proud of this achievement," said Aerojet President Scott Neish. "Providing a safe work environment is the most important obligation a company has to its employees and their families. We will continue to raise the bar as we build upon this significant accomplishment."

For worker safety improvement, the committee looked at the Occupational Safety and Health Administration (OSHA) method, which includes incident rate, lost workday case rate and lost workday rate, and calculated the average percentage reduction from 2004-2005. A total of 18 AIA member companies submitted health and safety data for consideration.

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