23 July 2013

ITP signs agreement to participate in two new Rolls-Royce programmes

Industria de Turbo Propulsores, S.A. (ITP), and Rolls-Royce have signed an agreement by which ITP will be responsible for the supply of Low Pressure Turbines (LPT) for two new engines: the Trent XWB-97 for the Airbus A350-1000 and the Trent 1000-TEN for all versions of the Boeing 787. In both agreements ITP will participate as […]

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SAA to reduce costs and boost revenue with new A320 fleet

South African Airways (SAA) has taken delivery of its first two A320s out of a total of 20 A320 Family aircraft ordered from Airbus in 2010. The development is set to deliver cost efficiencies and allow SAA to expand its Sub-Sahara regional route network and boost revenue in the rapidly growing market. The airline’s A320s,

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First five Merlin Mk 2 helicopters delivered to Royal Navy

AgustaWestland released that the first five AW101 Merlin HM Mk 2 helicopters have been delivered to the Royal Navy’s 824 Naval Air Squadron based at RNAS Culdrose in Southwest England. The delivery of these aircraft, which have been upgraded as part of a £750m AgustaWestland and Lockheed Martin led contract, marks a significant programme milestone

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American Airlines continues fleet renewal with delivery of first Airbus A319

Taking the next step forward in creating a more modern, fuel-efficient fleet, American Airlines welcomes its first Airbus A319 aircraft, the first of 260 planned Airbus narrowbody deliveries. American and Airbus celebrated this important milestone with a special delivery ceremony at the Airbus manufacturing facility in Hamburg, Germany.

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Northrop Grumman delivers center fuselage for Italy's first F-35 Lightning II

Northrop Grumman delivered the center fuselage for Italy’s first F-35 Lightning II to the newly commissioned Final Assembly and Check Out (FACO) facility at Italy’s Cameri Air Base July 12. This on-time delivery to Lockheed Martin enables the first assembly of an F-35 aircraft at the FACO facility and increases international participation on the F-35

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B/E Aerospace second quarter 2013 results exceed expectations

B/E Aerospace announced second quarter 2013 financial results. Second quarter 2013 revenues of $850.3m increased $82.2m, or 10.7%, as compared with the prior year period. Second quarter 2013 operating earnings were $158.7m, an increase of 15.2%, and operating margin of 18.7% increased 80 basis points as compared to the prior year period. The growth in

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