9 November 2005

Airbus and AVIC 1 of China signed $500 million A320 cooperation contract

China Aviation Industry Corporation (AVIC 1) and Airbus confirmed the extension of their cooperation in activities to produce A320 Family wing boxes in China. The protocol refers to the initial contract, with a projected total value of over US$ 500 million, signed in Beijing earlier this year between Airbus and AVIC 1, which committed the …

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ST Aerospace seals $38 million deal for B757 conversion

Singapore Technologies Aerospace Ltd (ST Aerospace) announced that its US facility, ST Mobile Aerospace Engineering (MAE), has been awarded a contract by the New Zealand Ministry of Defence. The contract, worth US$38m (approximately S$65m), involves a cargo conversion and avionics upgrade programme for two of the Royal New Zealand Air Force’s (RNZAF) Boeing 757-200 aircraft. …

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Boeing to set new world record for distance with 777-200LR Worldliner flight

Boeing is set to make aviation history on November 9, 2005 when a Boeing 777-200LR Worldliner takes off from Hong Kong flying eastbound to London, attempting to set a world distance record. The 777-200LR (Longer Range) will take off with a full load of fuel and 35 passengers and crew, flying nonstop on a route …

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New US Airways Group lost $87 million in third quarter

the new US Airways Group reported a third quarter 2005 net loss of $87 million, compared to a net loss of $29 million for the same period last year. The Company’s third quarter 2005 results include a number of special charges primarily due to merger-related aircraft transactions. Excluding special items, the Company reported third quarter …

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US Airways outsources ULD management to save $2 million over 5 years

US Airways is the first U.S. international carrier to outsource Unit Load Device (ULD) management in a sale and leaseback deal that furnishes ownership and administration of the airline’s ULD fleet to Jettainer GmbH. As part of its corporate cost-savings initiatives, US Airways has transferred its entire fleet of air cargo and passenger flight containers …

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Northrop Grumman awarded a $60 million contract to produce RQ-4B Global Hawks

The new RQ-4B Global Hawk is the next generation of the original RQ-4A configuration, and is designed to carry 3,000 pounds of payload, 50 percent more than its’ predecessor. This increased capability will allow the Air Force to install additional sensors on the air vehicle, increasing the amount and types of information available to warfighters. …

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