EADS reported that its half-year 2009 results demonstrate that the Group is still performing well across its businesses. EADS continues to actively monitor its customer base and its order book of more than EUR 390 billion. The order intake of EUR 17.2 billion reflects the slowdown in the commercial sector. Revenues stood at EUR 20.2 …
MTU has teamed up with GE Aviation, an operating unit of General Electric (GE), to develop new repairs for GE engine components. The two companies have concluded a Component Repair Development Agreement to form the basis of their cooperation. The transatlantic cooperation is not restricted to specific GE engine types, nor to specific GE engine …
MTU and General Electric jointly develop innovative repair processes Read More »
The European Commission has not yet approved anti-trust immunity for the planned merger of Lufthansa and Austrian Airlines. Under the terms of Lufthansa
Honeywell has been selected as the baseline provider for the avionics suite and APUs for 75 Airbus A320 family aircraft to be delivered to AWAS beginning in 2011, and will provide avionic equipment and APUs for 12 Airbus A330 aircraft to be delivered beginning in 2009. Additionally, Honeywell has been selected as the baseline provider …
Honeywell introduced its AV8OR ACE, a new seven-inch touch screen handheld Global Positioning System. The AV8OR ACE offers a large display – seven inches – and is as easy to use as the highly touted AV8OR handheld introduced last summer, thanks to its touch screen user interface. The AV8OR ACE provides geo-referenced FAA charts, eliminating …
Honeywell introduces touch screen handheld Global Positioning System Read More »
Boeing and Turkish Airlines have finalized an order for seven Boeing 777-300ER (Extended Range) airplanes valued at $1.9 billion at current list prices. This order is in addition to the five 777-300ERs that Turkish Airlines ordered in April 2009, bringing their total 777-300ER orders to 12. The airline currently operates a fleet of 65 Boeing …
Turkish Airlines finalizes order for seven additional 777-300ERs Read More »
B/E Aerospace reported that revenues for the second quarter declined by $204.8 million as compared with proforma revenues of $679.6 million in the second quarter of the prior year. The $204.8 million decrease in consolidated revenues was the result of an $84.4 million decrease in revenues at the consumables management segment, a $102.3 million decrease …
B/E Aerospace reports second quarter 2009 financial results Read More »
Willis Lease Finance Corporation reported that Jesse V. Crews will join the company as Chief Operating Officer on July 29, 2009. Crews spent 26 years with GATX Corporation, where he served as President and CEO of GATX Capital Corporation, a diversified equipment leasing company with approximately $3.5 billion in assets and $5 billion in managed …
Jesse V. Crews joins Willis Lease Finance senior management team Read More »
