Avcorp announced its financial results for the quarter ended March 31, 2009. During the quarter ended March 31, 2009, the Company recorded a loss from operations of $1,989,000 on $22,087,000 revenue, as compared to $183,000 earnings from operations on $31,151,000 revenue for the same quarter of the preceding year; and a net loss for the […]
Avcorp announces 2009 first quarter results Read More »
Airbus Corporate Jet Centre based in Toulouse France, has ordered a CTT Caire System to be installed, during fall 2009, in one Airbus VIP A319 aircraft. Airbus Corporate Jet Centre is a major completion center for the Airbus Corporate Jet Family, offering top quality cabin outfitting and associated services, with the newest standard of technology.
CTT Systems AB receives order from Airbus Corporate Jet Centre Read More »
Ronson Corporation has entered into an agreement to sell substantially all of the assets of its wholly-owned subsidiary, Ronson Aviation, Inc. Ronson Aviation is a fixed-base operator at Trenton-Mercer Airport, providing aircraft fueling and servicing, avionics sales, aircraft repair and maintenance, hangar and office leasing and related services. The purchaser is Hawthorne TTN Holdings, Inc.,
Ronson Corporation announces execution of agreement to divest aviation division Read More »
MTU Aero Engines will pull out of its production activities in the U.S.: the manufacturing unit of MTU Aero Engines North America (AENA) was sold to U.S.-based EDAC Technologies. The contract was signed late last week. The transaction will not affect MTU’s revenue and profit forecast for the year, nor will it have an impact
MTU Aero Engines sells U.S. manufacturing unit to EDAC Technologies Read More »
The first A320 aircraft assembled outside Europe in the Airbus Final Assembly Line China (FALC) successfully completed its first flight on May 18th. The four hour and fourteen minute test flight was jointly captained by Harry Nelson, Vice President Production Flight Tests and by Experimental Test Pilot Philippe Pellerin. This first aircraft will be delivered
First A320 assembled in China performs maiden flight Read More »
Singapore Technologies Aerospace has acquired all the shares of Precision Products Singapore (PPS) from Nippon Precision Casting Corporation, Renaissance Capital Management Limited and Singapore Technologies Industrial Corporation respectively. The acquisition was for a cash consideration of S$7.65 million. With this purchase, PPS becomes a wholly-owned subsidiary of ST Aerospace. This acquisition is not expected to
ST Aerospace acquires Precision Products Singapore Read More »
