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April 30, 2007

Int’l Routes Lead Delta Air Lines Inc. Out of Bankruptcy

Int’l Operations Keep UPS Afloat in First Quarter

Ga. Tech Gets Research Funding from European Aerospace Co.

Atlanta Cable Provider Uses Israeli-developed Technologies

Atlanta-based Pest Control Company Expands to Honduras and UAE

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Delta's new logo was announced as they emerged from Bankruptcy.

Int’l Routes Lead Delta Air Lines Inc. Out of Bankruptcy

Delta Air Lines Inc. attributed an increase in profitable international routes to its April 30 emergence from bankruptcy.

“International played a big part in Delta’s ability to emerge from Chapter 11 so quickly,” said John Parkerson, general attorney with Delta Air Lines Inc.’s law department, who helped open international flights for the company during its 19-month restructuring plan.

Delta’s operational improvements have focused on enhancing the customer experience and creating a stronger, more balanced network as a result of the addition of more than 60 new international routes. 

“In just over 19 months we have undertaken the largest international expansion in Delta’s history,” Jim Whitehurst, Delta’s chief operating officer, said in a statement.

Delta is adding international flights at a faster rate than any other major U.S. airline, according to the company. Currently Delta operates flights to 32 trans-Atlantic destinations and more than 600 weekly flights to 58 destinations in Latin America and the Caribbean.

Delta’s restructuring success builds on more than five years of change at Delta that has delivered more than $8 billion in annual cost and revenue improvements to the company.

For more information, visit http://news.delta.com/

 

 

Int’l Operations Keep UPS Afloat in First Quarter

Atlanta-based United Parcel Service Inc.’s first-quarter net income dropped to $843 million or 78 cents per share, from $975 million, or 89 cents per share a year earlier.

The company attributed its first-quarter drop in earnings to a slow domestic economy but said that growth in international markets helped cushion the slow U.S. economy. 

“Strong gains in our international package and supply chain and freight businesses helped offset the impact of a slowing U.S. economy,” Mike Eskew, UPS chairman and CEO said in a statement.

UPS serves more than 200 countries and territories worldwide and plans to expand its international operations.

“We will continue to invest aggressively to seize the growth opportunities created by the rise in global trade,” said Mr. Eskew.

In early April, UPS and the Chinese government opened the way for construction of UPS’s International Air Hub at Pudong International Airport in Shanghai. The facility is to be operational sometime next year.

UPS ended its first quarter with $2.4 billion in cash and marketable securities.

For more information, contact Norman Black, public relations director, at (404) 828-7593.

 

Ga. Tech Gets Research Funding from European Aerospace Co.

The Georgia Institute of Technology’s School of Aerospace Engineering is to receive more than $135,000 in research funding from the North American affiliate of the European Aeronautic Defense and Space Co. or EADS.

The aerospace company, which develops civil and military aircraft as well as rockets, missles and satellites, made the contribution to support Georgia Tech’s research in the field of multifunctional materials. Researchers at Georgia Tech are currently developing lightweight, shock-resistant and adaptive materials that could be applied to next-generation aircraft.

At the same time, EADS also donated $70,000 to Stanford University to support computer modeling research, which is becoming increasingly important in the design and development of aircraft.

EADS is headquartered in Munich, Germany, and Paris, with a North American subsidiary headquartered in Washington.

In 2006, the company also established scholarships at universities in the Florida, Mississippi and South Carolina.

For more information, contact 
Guy Hicks, vice president of communications at EADS North America, at (703) 236-3300 or guy.hicks@eads-na.com.

 

Atlanta Cable Provider Uses Israeli-developed Technologies

Vyyo Inc., a Norcross-based supplier of ultra broadband access equipment with research and development operations in Lod, Israel, will supply Atlanta-based Cox Communications with technologies to expand its cable systems network capacity.

The fourth largest cable systems operator in the U.S., Cox selected Vyyo to provide increased gigahertz capacity for its existing cable networks.

Vyyo will provide Cox with 3GHz passive elements that will expand the cable company’s bandwith operating capacity without impacting its current network.  Vyyo is later expected to supply its Spectrum Overlay product that will further increase Cox’s bandwidth capacity.

Representatives from Vyyo and Cox Communications first met during the U.S.-Israel Broadband Business Exchange program that was hosted by Cox and organized by the American-Israel Chamber of Commerce, Southeast region in 2005 and 2006.

Atlanta-based Pest Control Company Expands to Honduras and UAE

Rollins Inc., an Atlanta-based consumer services company announced last week that it will establish its Orkin Inc. pest and termite control franchise in Honduras and the United Arab Emirates.

Since 1994, Rollins has set up Orkin franchises in 54 locations throughout the United States and in five countries, including Mexico, where it first set up operations in 2000.

Other wholly owned subsidiaries of Rollins include Western Pest Services and the Industrial Fumigant Company. 

Through its franchises, Rollins provides pest control services and protection against termite damage, rodents and insects to approximately 1.7 million customers in the U.S., Canada, Mexico, Panama, Costa Rica, Honduras and the United Arab Emirates from over 400 locations.

For more information, visit www.orkin.com, www.westernpest.com, www.indfumco.com or www.rollins.com.