5 November 2008

General Dynamics completes acquisition of Jet Aviation

General Dynamics completed its acquisition of Zurich, Switzerland-based Jet Aviation for CHF 2.45 billion (approximately $2.18 billion) from Dreamliner Lux S.a.r.l., a company controlled by the Permira Funds. The companies announced the plans for the acquisition in August. Jet Aviation will continue serving the entire aircraft manufacturing community and its global client base as a

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China Eastern Airlines selects Honeywell's APU for A320 fleet

Honeywell released that its newest fuel-saving Auxiliary Power Unit (APU) has been selected to provide air conditioning, main engine starting and electrical power for China Eastern Airlines’ recent order of 30 Airbus A320 aircraft. Honeywell also secured a maintenance agreement with China Eastern to service the APUs. This 10-year contract covers the airline’s added A320

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