14 February 2014

Airbus Group to acquire Salzburg München Bank, establish Company Bank

Airbus Group has entered into a Share Purchase Agreement with Raiffeisenverband Salzburg to acquire Salzburg München Bank AG, in order to provide additional financing options for the aeronautics and defence company. Salzburg München Bank, owned 100% by Raiffeisenverband Salzburg, is a small fully-licensed bank based in Munich serving small and medium enterprises (SMEs) and private […]

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STA Systems to be appointed an AgustaWestland Authorized Component Repair Centre

AgustaWestland signed a Letter of Intent (LoI) to appoint STA Systems of Singapore, a subsidiary of ST Aerospace, as an Authorized Component Repair Centre for dynamic components of the AW109 range of light twin engine helicopters and the AW139 intermediate twin engine model. STA Systems plans to start operations by mid-2014, performing main and tail

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Alaska Air Group announces leadership changes

Alaska Air Group’s board of directors has approved several leadership changes in the company’s Legal Division. Herman Wacker, Air Group’s deputy general counsel and managing director of legal, has been elected vice president of legal. Shannon Alberts, managing director of corporate affairs and assistant corporate secretary, has been elected corporate secretary. Kyle Levine retains his

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WestJet selects Panasonic for inflight entertainment and connectivity

WestJet has signed a multi-year agreement with Panasonic Avionics Corporation to provide the airline with a new inflight entertainment system with the ability to feature wireless satellite internet connectivity, live streaming television, on-demand movies, magazines and more. Guests will be able to use their own personal electronic device (PED) or laptop computer to receive live

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Singapore Airshow 2014 wraps up trade days with deals worth US$32bn

Singapore Airshow 2014 wrapped up the trade segment of the six-day event with deals announced worth US$32bn, surpassing the value of deals announced in 2012. Major announcements include contracts for Airbus, Embraer, Boeing and Rolls-Royce. This reinforces Singapore Airshow’s standing as one of the most important aerospace and defence exhibitions in the world. Singapore Airshow

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