28 January 2010

IAI is increasing commercial aircraft development in the Asian market

Israel Aerospace Industries (IAI) is investigating opportunities to increase its design and development of commercial aircraft in additional markets, with a particular focus on working with local industries. IAI considers an increased focus on joint ventures and other cooperative projects to be a strategic move. IAI has over 40 years of experience in designing, developing, […]

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Rolls-Royce acquires remaining share of Europea Microfusioni Aerospaziali

Rolls-Royce has strengthened its position in Italy by acquiring the remaining 49% share in Europea Microfusioni Aerospaziali SpA (EMA) from Finmeccanica, taking its holding in the Italian company to 100%. EMA, originally established in 1990, manufactures precision advanced micro-castings for aero engines, including those that power the Airbus A380 and will power the new Boeing

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Rockwell Collins reports first quarter fiscal year 2010 earnings per share of $0.76

Rockwell Collins reported net income of $121 million for its fiscal year 2010 first quarter ended December 31, 2009, a decrease of $30 million, or 20%, from fiscal year 2009 first quarter net income of $151 million. Earnings per share was $0.76, a decrease of $0.19, or 20%, from earnings per share of $0.95 for

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Jetstar chooses V2500 engines to power new fleet of 50 additional Airbus aircraft

International Aero Engines confirmed that Jetstar Airways, a wholly-owned subsidiary of Qantas Airways, has chosen the V2500 to power a new fleet of 50 additional Airbus A320 family aircraft, with options and purchase rights on up to 40 more aircraft. The Engine Purchase Agreement, which is for the latest V2500 SelectOne build standard, is worth

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Boeing delivers record number of Apache Longbow Crew Trainers in 2009

Boeing delivered a record five Apache Longbow Crew Trainers (LCTs) in 2009 and all five have been declared “ready for training.” The U.S. Army accepted two LCT deliveries at Fort Hood, Texas; one in Illesheim, Germany; and one at Fort Drum, N.Y. The Egyptian Air Force accepted the delivery of its first LCT in November,

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