29 January 2014

AgustaWestland wins two contracts from UK Ministry of Defence, worth £760m

AgustaWestland, a Finmeccanica company, announced the award of two contracts by the UK Ministry of Defence (MoD), together valued at £760m (approximately €910m), to convert 25 AW101 Merlin helicopters for maritime operations under the Merlin Life Sustainment Programme (MLSP) and to provide the Apache AH Mk.1 Attack Helicopter fleet with comprehensive support and maintenance services […]

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Boeing Commercial Airplanes reports full year revenue of $53bn

Boeing Commercial Airplanes fourth-quarter revenue increased to $14.7bn and full-year revenue increased to a record $53bn on higher delivery volume. Fourth-quarter operating margin improved to 10.3% and full-year operating margin grew to 10.9% on the higher volume, favorable delivery mix and continued strong operating performance. During the quarter, the company launched the 777X with 259

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Aerostar further expands Middle East MRO profile

Romanian aerospace company Aerostar S.A., released that in the past two years the number of ‘C’ and ‘D’ checks carried out by Aerostar for its Middle East, Turkey and North African customers has averaged 26/27 aircraft per year. Last year the market in the region represented some 53% of Aerostar’s commercial MRO business which saw

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GE achieves “Organization Designation Authorization” from Federal Aviation Administration

The Federal Aviation Administration (FAA) has appointed GE as holder of an “Organization Designation Authorization (ODA).” GE Aviation, one of the world’s largest producer of commercial and military jet engines, received ODA authorization after demonstrating to the FAA that GE has the necessary cooperative attitude, integrity, and procedures in place to act impartially on behalf

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Boeing Shanghai signs heavy maintenance agreements with Air Astana and Rossiya Airlines

Boeing Shanghai Aviation Services, (Boeing Shanghai) reported the signing of 767 heavy maintenance agreements with Air Astana and Rossiya Airlines. The airlines, based in Kazakhstan and Russia, respectively, are new customers for Boeing Shanghai. Boeing Shanghai will conduct two 767 C-checks for Air Astana and three 767 C-checks for Rossiya Airlines at Boeing Shanghai’s facility

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