10 August 2009

Southwest Airlines submits $170 million binding bid for Frontier

Southwest Airlines confirmed that the carrier submitted its binding cash offer of more than $170 million to acquire Frontier Airlines, which will be sold at auction as part of Frontier’s bankruptcy case. The bid was submitted to Frontier in accordance with the procedures established in the U.S. Bankruptcy Court for the Southern District of New […]

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TransDigm acquires fuel and pneumatic valve product line from Woodward

TransDigm Group Incorporated has acquired certain aerospace related assets from a wholly-owned subsidiary of Woodward Governor Company for approximately $48 million in cash. Woodward recently acquired this business as part of its acquisition of HR Textron, Inc. The product line has expected calendar 2009 revenues of approximately $20 million with almost half coming from the

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AirVolga to launch Bombardier CRJ200 regional jet service in Russia

Bombardier Aerospace welcomes AirVolga (Volga AviaExpress) of Volgograd, Russia to the CRJ aircraft family. At a press conference in Volgograd, the airline announced that it is preparing to start service with two previously owned CRJ200 LR regional jets acquired from a third party. AirVolga has stated that the CRJ200 LR aircraft are part of a

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Airbus rolls out second A350 XWB composite fuselage demonstrator

The A350 XWB programme reached another key milestone with the completion of a second large test fuselage section, which incorporates many of the manufacturing advances planned for the production of this next-generation Airbus jetliner. With a length of 18 metres and a diameter of more than six metres, the demonstrator closely reflects the A350 XWB

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