Business News Archive - July 07, 2009

SOUTHFIELD, Mich., July 7 /PRNewswire-FirstCall/ -- Lear Corporation (OTC: LEAR), a leading global supplier of automotive seating systems, electrical distribution systems and electronic products, announced today that it has received the support it was seeking from its bank lenders and bondholders to move forward with its previously announced debt restructuring plan.

DUBAI, UAE, July 7 /PRNewswire/ -- Bridges Middle East is an important four-day event focusing on the designing, building and maintaining of next generation bridges.

ISTANBUL, July 7 /PRNewswire-FirstCall/ -- Boeing (NYSE: BA) today announced an order from Turkish airline SunExpress for six Next-Generation 737-800s. The order is worth approximately $460 million at list prices.

ABU DHABI, UAE, July 7 /PRNewswire/ -- The region's first and only summit on fire support and artillery, Future Artillery Middle East 2009 will be held from 18 to 21 October 2009 at the Armed Forces Officers Club in Abu Dhabi. Developed in collaboration with global military leaders from French Artillery, Royal Netherlands Armed Forces and The Royal Artillery Headquarters, this premier event is designed to transform the region's fire support capabilities into a true force multiplier and revolutionise the effectiveness of the artillery community. Future Artillery Middle East 2009 will address the latest trends, effective strategies and state of the art technology to successfully combat modern military threats as well as featuring practical solutions for achieving the desired outcomes from current operational artillery systems. Key industry partners who will be sharing their technological solutions include Lockheed Martin, Raytheon, Hellenic Aerospace Industry S.A.

BEIJING, July 7 /PRNewswire-FirstCall/ -- Perot Systems Corporation (NYSE: PER) today announced that the company has entered in to an agreement to provide consulting services to HNA Group to improve its airline reservations systems. Perot Systems Chairman Ross Perot, Jr.

MOSCOW, July 7 /PRNewswire/ -- Modern Commercial Navy (MCN) PLC and United Industrial Corporation JSC have signed a cooperation agreement, anticipating the developmental work of technical and commercial operation factors of the construction of multifunctional supply icebreaker and also tankers for transportation of liquefied natural gas.

ANN ARBOR, Mich., July 7 /PRNewswire/ -- Solidica today announced the appointment of Mr. John Ford to the position of chief financial officer, effective immediately. Mr.

LANGLEY, England and LONDON, July 7 /PRNewswire/ -- Travelport has entered into a strategic relationship with PSP International to form a joint venture company to provide state-of-the-art innovative and integrated payment solutions tailored specifically for the travel industry.

ORLANDO, Fla., July 7 /PRNewswire-FirstCall/ -- AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE: AAI), today launched a sale for travel to all of the airline's destinations with fares starting as low as $39*.

CHARLOTTE, N.C., July 7 /PRNewswire/ -- Don't be blue about going back to school. Try being red, pink, yellow or green.

Word of the Day
  • Stoppage; cessation (of labor).
  • A standing still or idling (of mills, factories, etc.).
The word chomage comes into English from French.]