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Brazil Central's purchase of 12 Cessna Caravans sees the commuter carrier becoming the second largest operator of the type behind Federal Express. The TaxiAereo Marilia (fAM) owned airline now operates 25 Caravans, flying between the capital, Brasilia, and Belem on the Atlantic coast. The new aircraft will also be used to develop a new hub in western Brazil. More than 550 caravans are now in Nice. (Cessna)
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Boeing has reported sales of $US7. 98bn ($A11. 5bn) and earnings of $US426m ($A617m) for the second quarter of 1993. Sales for the quarter were significantly higher than that for the first quarter of the year, while they also marked a modest improvement over the same period in 1992. For the first half of the year sales were $US14. 6bn ($A21bn) yielding net earnings of $US751m ($A1. 1bn). McDonnell Douglas has also experienced a healthy first half with a profit after abnormals of $US386m ($A559m). While sales in MDC’s commercial (airline) business fell by $US1bn ($A1. 45bn), the division posted a profit of $US28m ($A40m). Pratt & Whitney, af fected by the slump in airline orders has recorded first half nett earnings of $US6m ($A8. 7m) down from $US122m ($A179m) in the same half last year. Air Pacific has recorded an operating profit 1992/93 financial year of $F3. 4m ($A3. 3m), the carriers seventh consecutive yearly profit. Profit before abnormals and tax was $F2. 74m ($A2. 6m).
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