7 August 2012

Astronics Corporation reports net income up 14.2% in second quarter 2012

Astronics Corporations reported that sales in the second quarter of 2012 were $65.0m, up $9.5m, or 17.2%, from the prior year second quarter sales of $55.5m. Aerospace sales, which represented 96% of total second quarter sales, increased 20.2% over the prior year period to $62.4m. Test Systems sales decreased to $2.6m for the second quarter

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L-3 completes acquisition of Thales’ Civil Aircraft Simulation and Training Business

L-3 Communications completed the acquisition of Thales Training & Simulation Ltd’s civil aircraft simulation and training business effective August 6, 2012. The company paid £83m (approximately $130m), subject to certain contractual adjustments to the purchase price, and was funded with cash on hand. The business, which is now known as L-3 Link Simulation & Training

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ASL Aviation Group orders three AEI B737-400SF conversions

Aeronautical Engineers (AEI) has been selected by ASL Aviation Group, to provide three B737-400SF 11 Pallet Configuration Freighter Conversions. The aircraft are all ex Qantas high gross weight B737-400’s, (MSN 24440/1992, MSN 24433/1994, MSN 24446/1994). All three aircraft will undergo freighter modification at AEI’s Authorized Conversion Center, Commercial Jet, Inc., located in Miami Florida. AEI’s

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Jet Aviation Basel signs narrow-body completions agreement for BBJ3

Jet Aviation Basel signed an agreement with an undisclosed client from the Middle East for the completion of a BBJ3. The spacious cabin interior of the aircraft has been designed by Studio E/motions. The layout for the BBJ3 aircraft includes a spacious living area, a conference/dining room and a private bedroom with en-suite bathroom. Completions

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