19 June 2009

SAFRAN receives 300 millions euros loan from European Investment Bank

European Investment Bank Vice President Philippe de Fontaine Vive and SAFRAN Chief Executive Officer Jean-Paul Herteman signed a contract to provide 300 million euros in financing to the SAFRAN group for the development of a new generation of cleaner aircraft engines. The EIB loan will be used to finance Research & Development on aircraft engines

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Airbus establishes research cooperation agreement with JAXA

Airbus announced the signature of a cooperation agreement with Japan Aerospace Exploration Agency (JAXA) on the cooperative research activities in the field of composite materials. This agreement marks the first ever research cooperation between Airbus and a Japanese aerospace agency. Two areas already identified are VaRTM (Vacuum assisted Resin Transfer Moulding) evaluation and NDI (Non-destructive

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Turkish Airlines to acquire seven more Airbus A330s

Turkish Airlines today signed a Memorandum of Understanding (MoU) for seven Airbus A330 widebody aircraft. The order includes two of the increased take-off weight version of the A330-200, which offers an extended flying range of up to 7,200 nautical miles, and five A330-300s, the most cost-effective aircraft in its class. With deliveries scheduled from August

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