12 October 2011

Cargolux takes delivery of first Boeing 747-8 Freighters

Cargolux reported that the delivery of the first two Boeing 747-8 Freighters initially scheduled for 19 and 21 September is proceeding on 12 and 13 October 2011, following the resolution of contractual issues between Boeing, GE and Cargolux related to the performance of the aircraft and the engines. Launch customer Cargolux has 13 Boeing 747-8 […]

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Stony Point Group reports acquisition of Broadwing Air Repair

Stony Point Group, a private equity and management firm focusing on middle market companies in the aerospace, defense and industrial sectors, reported the acquisition of the assets Broadwing Air Repair, (BAR). Financial terms of the transaction, which closed October 7, were not disclosed. Located in Melbourne, Ark., BAR is an FAA Part 145 Repair Station that provides

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Curtiss-Wright acquires South Bend Controls

Curtiss-Wright Corporation has acquired the assets of South Bend Controls for $10 million in cash. South Bend Controls is a leading designer and manufacturer of highly engineered, solenoid-based components used in critical applications serving the aerospace and defense, industrial and medical markets, and had sales of approximately $8 million in 2010. The business will operate within

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GE wins position on Gulfstream's G650 for Aircraft Health and Trend Monitoring

GE Aviation has been awarded two contracts from Gulfstream Aerospace Corporation to provide the Integrated Vehicle Health Management technology and service for the G650 business jet aircraft. “This is one of the first comprehensive health management systems for a civil airplane and a first for business jets,” said Lorraine Bolsinger, president and CEO of GE

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Embraer places one Phenom 100 Jet with CAE Global Academy Perth

Embraer has concluded the sale of a Phenom 100 entry-level jet to the CAE Global Academy Perth, Australia.  To be delivered by the end of 2011, this is the first Phenom 100 purchased by a flight training academy in Asia-Pacific. CAE Global Academy Perth, also known as China Southern West Australia Flying College, is a

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Russian carriers will need more than 1,000 aircraft within the next 20 years

Russian carriers will need more than 1,000 passenger aircraft over the next 20 years in response to the strong traffic growth, according to the latest Airbus Global Market Forecast (GMF). The forecast ranks Russia sixth in the top ten countries for passenger aircraft demand after US, China, India, Germany and UK. The Russian passenger aircraft

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Chromalloy appoints Carlo Luzzatto as new President

Chromalloy, a leading producer of turbine engine repairs and advanced coatings announced the appointment of a new president to lead the company toward growth and expansion in the aerospace and Industrial Gas Turbine (IGT) markets. Carlo Luzzatto, a seasoned energy industry business leader, comes to Chromalloy from Ansaldo Energia, a division of the Italian conglomerate

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