Singapore Technologies Engineering (ST Engineering) reported that Vision Technologies Aerospace Incorporated (VT Aerospace) has entered into an agreement to acquire 100% of the shares of DRB Aviation Consultants, (DRB Aviation) for a purchase consideration of $1.45 million (approximately S$1.75 million), effective consideration will be net of debt. DRB Aviation will be a wholly owned subsidiary of VT […]
ST Engineering to acquire DRB Aviation Read More »
China Eastern Airlines has selected International Aero Engines to provide V2500 engines to power 50 new A320 series aircraft. The deal also includes comprehensive long-term engine aftermarket services. Deliveries will commence in August 2012 and continue to 2015, and China Eastern will employ the new V2500s to expand the capacity of its fleet. The deal
China Eastern selects V2500s for 50 aircraft Read More »
Embraer released its outlook dedicated to the Chinese regional aviation market for 2011-2030 at a press conference held on September 21st in Beijing, China, on the opening day of the 14th Beijing Airshow. The outlook indicates that world aviation showed signs of recovery in 2010, after the economic crisis of 2008, with China emerging as one of the
Embraer forecasts total delivery of 975 new regional jets to China over next 20 years Read More »
Willis Group Holdings the global insurance broker, released that Mark Wilford, Director of Risk at Rolls-Royce Group plc, has been appointed Chairman of the Willis Global Aerospace division. He will join Willis on January 1, 2012, and be based in London reporting to Joe Trotti, Chief Executive Officer of Willis Global Specialties. Wilford will replace outgoing
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Precision Aviation Group (PAG), exclusive provider of ISMRO (Inventory Supported Maintenance Repair & Overhaul), reported the acquisition of Long Beach, CA based Aero Technology (ATI). ATI is a Global MRO Services provider of Accessories, Avionics, and Instruments to the Commercial Transport, Military and Regional Airline markets. David Mast, President & CEO of PAG stated, “The acquisition
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Swiss-headquartered, ExecuJet Aviation Group reported a continued growth in new and pre-owned aircraft sales since the beginning of the year, and is predicting the trend will continue well into 2012. Year on year figures show its deliveries in 2011 increased by almost 100%, with aircraft sales revenues up by 90%. “We’ve never been busier, margins
ExecuJet Aviation Group’s sales continue to grow through 2011 Read More »
9 years after the first C-check MNG Technic undertakes another major task to improve its capability and be a leader in the Turkish civil aviation sector. MNG Technic will convert three Airbus A300-600 passenger aircraft into freighter configuration belonging to MNG Airlines. The conversion of the first aircraft has began on September 19th and will
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Boeing and the U.S. Army announced the opening of the newly renovated H-47 Chinook manufacturing facility on September 21. The event coincided with the 50th anniversary of the H-47 Chinook’s first flight. The factory renovations will allow Boeing to increase Chinook production rates to six aircraft per month, up from the current rate of four per month.
Boeing, US Army open newly renovated CH-47 Chinook production facility Read More »
