Peter Campbell was named Vice President for Investor Relations at Safran, effective September 1st. He replaces Pascal Bantegnie, who will move to another position within Safran.
Peter Campbell named Vice President, Investor Relations at Safran Read More »
Rolls-Royce has completed the sale of its 50% shareholding and interest in the RTM322 helicopter engine programme to Turbomeca (a Safran company), for which it has received a cash consideration of €293m. Turbomeca now assumes full responsibility for managing the design, production and support of the RTM322 engine, which powers the Apache, EH101 Merlin and
Rolls-Royce and Safran complete sale of RTM322 helicopter engine programme to Turbomeca Read More »
Bombardier Aerospace released that the first CSeries aircraft – Flight Test Vehicle 1 (FTV1) – has successfully obtained Transport Canada’s Flight Test Permit, thereby clearing the way for its maiden flight, expected in the coming weeks. This follows a series of pre-flight tests including low-speed taxi runs. FTV1 will now proceed with high-speed taxi runs
Bombardier CSeries aircraft awarded Transport Canada Flight Test Permit Read More »
Russian Helicopters and AgustaWestland have signed a Heads of Agreement at the MAKS 2013 air show defining the joint design and development programme for a new 2.5-tonne class single-engine helicopter. The preliminary assessment of the helicopter’s technical design and commercial opportunities is expected to be completed in the next few months. The programme, first announced
AgustaWestland and Russian Helicopters sign Heads of Agreement for new helicopter Read More »
Marshall Aerospace and Defence Group (Marshall ADG) announced the purchase of Beechcraft’s flagship European MRO business, Hawker Beechcraft Limited. At its Broughton location in the UK, the site, also known as Hawker Beechcraft Services Chester, has provided a full range of maintenance, modification, paint and upgrade services to owners of Hawker and Beechcraft aircraft for
BOC Aviation’s unaudited net profit after tax for the first six months to June 30th, 2013 was US$163m, 57% higher than the same period last year. During the first half, the company – which has been consistently profitable since it was founded in November 1993 – also exceeded US$1bn in cumulative net profit after tax
BOC Aviation reports first-half net profit of US$163m Read More »
