Dépêches

Alabama Aircraft Industries, Inc. Announces Verdict in Case against GE Capital Aviation Services, Inc.

Dépèche transmise le 23 avril 2009 par Business Wire

Alabama Aircraft Industries, Inc. Announces Verdict in Case against GE Capital Aviation Services, Inc.

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Alabama Aircraft Industries, Inc. (“Company”), a leading provider of aircraft maintenance and modification services for the U.S. Government, today announced that a jury in the Circuit Court of Dale County, Alabama found in favor of the Company in its complaint against GE Capital Aviation Services, Inc. (“GECAS”). The jury awarded the Company $2.1 million in compensatory damages and $6.5 million in punitive damages. The Company performed cargo conversion work for GECAS in 2003 at a former subsidiary located in Dothan, Alabama. Ronald Aramini, Alabama Aircraft’s President and CEO, stated, “We are extremely pleased with the jury’s verdict and their finding that we should be properly compensated for the quality work performed by the workers at our former subsidiary located in Dothan, Alabama.”

About Alabama Aircraft Industries

Alabama Aircraft Industries, Inc., with executive offices and facilities in Birmingham, Alabama, performs maintenance and modification of aircraft for the U.S. Government and military customers. The Company also provides aircraft parts and support and engineering services.