4 January 2008

China Aviation Industry rolls out GE-powered ARJ21-700 Regional Jet

AVIC1 Commercial Aircraft Co., Ltd. (ACAC) rolled out its new 90-passenger, GE-powered ARJ21-700 regional jet on December 21, 2007 at the Shanghai Aircraft Company assembly plant. At the ceremony, Kunpeng Airlines, a new regional airline in China, announced orders for 50 firm and 50 option ARJ21-700 regional jets. China’s ACAC developed the aircraft for both […]

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Government Of Spain orders two more 415 Amphibious Firefighting aircraft

The Government of Spain has placed a firm order for two Bombardier 415 amphibious aircraft. Based on the list price, the contract is valued at approximately $60 million and includes technical support, training, one Flight Training Device (FTD) and additional equipment for the current fleet. Delivery of the aircraft will begin in 2008.

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Vietnam Airlines and Vietnam Aircraft Leasing finalize 787 order with Boeing

Vietnam Airlines and Vietnam Aircraft Leasing Co. (VALC) have finalized an order for a total of 12 Boeing 787-8s with a list value of approximately $2 billion. Vietnam Airlines will take four of the new airplanes and VALC will purchase the remaining eight Dreamliners, leasing them to Vietnam Airlines. This is the second order for

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ABX completes CHI acquisition and holding company formation

ABX Holdings, Inc., successor to ABX Air, Inc. has completed its previously announced (November 2, 2007) holding company reorganization and plan to acquire Cargo Holdings International (CHI), a privately held provider of outsourced air cargo services based in Orlando, Fla., for $332 million in cash and common shares of ABX Holdings, its newly formed parent

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Rolls-Royce grows presence in Northern Virginia

Rolls-Royce announced two steps to better position its business activities in North America. In mid-2008, the company will move its North American corporate headquarters, which employs 130 people, from Chantilly, Virginia to a new building in Reston, Virginia. It will then begin to consolidate its North American Purchasing organization in the Chantilly office, which will

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