Bombardier announced the appointment of Deanna White as President of Flexjet, effective immediately. Deanna White brings over 25 years of experience from a variety of positions of increasing responsibility. She joined Flexjet in 2005 as Director, Finance, was promoted to Senior Director, Finance in 2007, and in 2010 was promoted to Vice President of Finance […]
Deanna White appointed Flexjet President Read More »
Airbus continued its excellence in widebody aircraft with the inauguration of the A350 XWB Final Assembly Line – an event that occurred 40 years after the maiden flight of its game-changing A300, which put the company on track to becoming a world-leading commercial airliner manufacturer. The inauguration, held inside this purpose-built L-shaped facility next to
Airbus inaugurates A350 XWB Final Assembly Line Read More »
HNA Group Co., completed the acquisition of a 48% equity interest in France’s Aigle Azur Transports Aeriens, becoming the second largest shareholder of Aigle Azur, after Go Fast Transport, and the first Chinese aviation enterprise to invest in a European airline. Under the agreement, Aigle Azur will be governed by the Executive Committee composed of
HNA Group purchases 48% equity interest of France's Aigle Azur Read More »
B/E Aerospace announced third quarter 2012 financial results. Revenues of $766.7m increased 20.6%, Operating earnings, adjusted to exclude acquisition, integration and transition (AIT) costs, were $138.9m, an increase of 23.9% and adjusted operating margin of 18.1% increased 50 basis points. Operating earnings, on a GAAP basis to include AIT costs, were $134.3m. Net earnings adjusted
B/E Aerospace reports third quarter 2012 financial results Read More »
A newly formed technology center created by Boeing and Commercial Aircraft Corp. of China (COMAC) has announced that Hangzhou Energy Engineering & Technology (HEET) will conduct the center’s first research project. HEET, a company with experience developing alternative energy technologies, will focus on ways to convert discarded cooking oil into a component of sustainable aviation
Boeing-COMAC Technology Center announces first biofuel research project Read More »
The Government has approved a £1.4m bid for the creation of a unique aerospace ‘supplier village’ on the former Michelin site. The announcement made on 19TH October, by the Deputy Prime Minister, Nick Clegg, as part of the Government’s Regional Growth Fund, will create a logistics hub and attract manufacturing ‘supply chain’ businesses to the
£1.4m RGF for Burnley Aerospace Park Read More »
MTU Aero Engines Holding AG continues to grow: In the first nine months of 2012, the company posted an increase in revenues of 19% to €2,468.0m (1-9/2011: €2,067.3m). Operating profit rose by 13% from €245.3m to €278.0m. The operating margin reached 11.3% after 11.9% in the equivalent period last year, while earnings after tax also
MTU reports revenues and earnings increase after nine months Read More »
As part of the overall development strategy for Cambridge Airport and Marshall Business Aviation (MBA), it has been decided to bring together all business aviation-related activities under the management of Steve Jones, Managing Director, MBA/MEA. For practical purposes, this will include the overall responsibility for the development of business aviation strategy, the management of business
Marshall Business Aviation positions itself for the future Read More »
On October 23rd Boeing began building the first 777 at the highest rate ever for a Boeing twin-aisle airplane. The rate of 8.3 airplanes per month is a nearly 20% increase over the previous seven per month rate. The first part, the lower lobe of the aft fuselage, of the first 777 to be built
Boeing starts building first 777 at increased rate Read More »
Dublin-based global aircraft lessor, AWAS, has acquired a late model A330-200 widebody passenger aircraft from another lessor, subject to a long-term lease to Qantas.
AWAS acquires one A330 widebody aircraft from another lessor Read More »
