Air Berlin and Thomas Cook Group informed the German Federal Cartel Office on July 11th about the withdrawal of the application to acquire Condor Flugdienst GmbH by Air Berlin. The September 2007 contract for acquiring Condor in the course of a share swap was cancelled by mutual agreement. Both companies have agreed to continue negotiations …
Rolls-Royce and British Airways announced the start of a scientific test programme to investigate the viability of alternative fuels for the aviation industry. The in-depth study will seek to identify practical alternatives to the current industry-standard fuel kerosene, with the potential to make real reductions to the carbon footprint of aircraft. The companies will initiate …
Rolls-Royce and British Airways launch alternative fuel trial Read More »
Mario Heinen has been appointed Executive Vice President, Head of the trans-national Centre of Excellence (COE) Fuselage and Cabin with immediate effect. This follows the departure of R
Northwest Airlines will reduce its frontline and management employees by 2,500 as a result of capacity reductions taken to address the unprecedented run-up in oil prices. In addition, NWA will match its competitors and charge fees for the first checked bag and for frequent flier award tickets, and increase the fees for ticket changes. In …
Halcyon Jets Holdings released that preliminary revenues for the month of June 2008 were $5.0 million, another record high achieved just over a year since the inception of business operations. The Company also recently reported financial results for its first quarter ended April 30, 2008, highlighted by the Company
Ladish Co has acquired complete ownership of Aerex Manufacturing. Aerex, located in South Windsor, Connecticut, is a precision-machining enterprise serving the aerospace and commercial airplane industries since 1966. The purchase price of Aerex was approximately $14 million, paid through a combination of cash and Ladish common stock. Ladish Co., is a leading producer of highly …
CPI Aerostructures has been selected by a leading global aerospace and defense company to provide structural kits that will be used on an in-production aircraft manufactured by that customer. CPI Aero
SkyWorks announced that Thomas W. Mahr will become CEO of newly-formed SkyWorks Holdings, LLC, parent company of SkyWorks Capital, LLC and SkyWorks Leasing, LLC, and Steven T. Gaal will become President and COO of Holdings. Jeff Craine will assume the position of President & COO of SkyWorks Capital where he previously served as Managing Director. …
TDG Aerospace, manufacturer of advanced and cost-effective safety solutions for the commercial aviation industry, announced that DHL has selected its UFI STC ST01950LA as an approved method of compliance and terminating action to FAA airworthiness directive AD 2008-11-07. TDG
