May 25, 2011

BAE Systems to develop new Latin American commercial aircraft support strategy

Building on the growing success of its regional airliner products in Latin America, BAE Systems is to develop a more regionalised Latin American strategy to support the increasing numbers of its aircraft now in operation across the Continent. As recently as 2005 the number of BAE Systems-built regional aircraft operating in Latin America was limited …

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Rolls-Royce appoints Lewis Booth as non-executive Director

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Rolls-Royce reported the appointment of Lewis Booth as a non-executive Director. He will also join the Audit, Ethics and Nominations Committees today. Lewis will become Chair of the Audit Committee with effect from 31 July 2011, a role most recently undertaken on a temporary basis by Ian Strachan. Lewis Booth is executive Vice President and …

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Rolls-Royce signs innovative

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Rolls-Royce has signed a long term contract with BAE Systems to provide in-service support for the Royal Navy

BAE Systems reaches agreement to sell composite structures business

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BAE Systems has reached an agreement for the proposed sale of its Composite Structures business in Brea, California, to EnCore Composites Holdings.

Korean Air celebrates delivery of first A380

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Korean Air has celebrated the delivery of its first GP7200-powered A380 at a special ceremony at Airbus in Toulouse. Korean Air is the sixth airline to take delivery of the A380 and has ordered a total of 10 aircraft. The airline will initially operate the A380 from its Seoul hub to selected destinations in Asia, …

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Grupo INAER orders seven AgustaWestland Helicopters

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INAER, a leading European helicopter services provider, has signed contracts for two EMS-configured GrandNew light twin helicopters and four GrandNew light twin and one AW139 medium twin helicopter for offshore transport. These contracts mark the entrance of the GrandNew into the European EMS and offshore transport markets. The GrandNew helicopters for offshore transport will be …

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HEICO reports record sales and operating income for second quarter of fiscal 2011

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HEICO CORPORATION reported that net income increased 34% to $16,830,000 for the second quarter of fiscal 2011, up from $12,573,000 for the second quarter of fiscal 2010. For the first six months of fiscal 2011, net income increased 39% to $33,904,000 up from $24,366,000 for the first six months of fiscal 2010. Operating income increased …

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Kuwait Airways signs up with Lufthansa Technik Philippines

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Kuwait Airways is sending two A340-300 aircraft to Lufthansa Technik Philippines for heavy maintenance checks this May and in September. Under this agreement, the two A340s will undergo IL-checks and aircraft painting at the Lufthansa Technik AG subsidiary in Manila.

AVISA sign landmark contract with Australian Civil Aviation Safety Authority