22 November 2013

Palm Beach Capital acquires majority stake in CTS Engines

Palm Beach Capital, a middle market private equity firm based in West Palm Beach, FL, has acquired 60% of the membership interests of CTS Engines, LLC, from Neff Capital Management, which will retain a 40% ownership. Brian Neff, the Managing Partner of Neff Capital Management, will remain as Chief Executive Officer of the company. Additional […]

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Airbus wins 160 orders and commitments worth US$44bn at Dubai

Airbus won a total of 160 orders and commitments at the 13th Dubai Airshow worth US$44bn, underlining the strong appeal of its widebody aircraft. The A380 and A350 XWB in particular,  were demonstrated to be spot-on with customer requirements and expectations. The order intake includes 142 firm orders worth US$40.4bn (50 A380, 40 A350-900, 10

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Wesco Aircraft reports record revenue and earnings for full fiscal year 2013

Wesco Aircraft Holdings reported revenue for the fiscal fourth quarter was $234.3m, showing an increase of 10.5% compared to $212.2m in the prior year period. The increase in the North America segment was 9.8% over the prior year. Wesco again demonstrated strong international growth during the quarter with revenues in the Rest of World segment

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Alenia Aermacchi completes final assembly of C-27J Spartan for Royal Australian Air Force

Alenia Aermacchi has completed the assembly of the first C-27J battlefield airlifter for the Royal Australian Air Force (RAAF). At the company’s Turin plant, the aircraft’s wing was mated with the fuselage and the engines, landing gear, and other major components were installed. The aircraft is currently undergoing equipment installation and functional tests in preparation

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