• Most Popular
  • Most Shared

GE to upgrade Southwest Air's aviation systems

Mon Oct 22, 2007 9:22am EDT

Stocks

   

NEW YORK, Oct 22 (Reuters) - GE Aviation, a unit of General Electric Co (GE.N), said on Monday it won a Southwest Airlines Co (LUV.N) contract to upgrade the flight management systems for 200 Boeing (BA.N) 737 jets.

Terms were not disclosed.

The flight computer systems make jets more efficient by helping shorten flight paths and use less fuel for descents, GE Aviation said.

Deliveries will take place next year and in 2009. (Reporting by Nick Zieminski)



More from Reuters

Photo

New security restrictions could hurt airlines

NEW YORK (Reuters) - Tighter security measures at U.S. airports following an attempt to blow up a Detroit-bound jet could dampen enthusiasm for air travel, hurting the airline industry just as it seemed poised to recover from a period of bruising losses, some industry experts say.

» More Top News
A Delta Airbus 330 airliner sits on a runway at Detroit Metropolitan Airport in Romulus, Michigan in this video grab made December 25, 2009. Credit: REUTERS/WDIV TV/Handout

The battle in mid-air

The attraction of bombing airliners means the aviation industry has to be constantly vigilant in its fight against attackers.  Full Article 

U.S.
A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
Political Risk in 2010:

Don't say we didn't warn you

With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

Global Markets