29 February 2016

Honeywell and United Technologies adopt differing stances over potential merger

United Technologies, the US industrial conglomerate has rejected an offer of US$90.70 billion made by rival aerospace supplier, Honeywell International. Were the merger successful, the company would have combined sales of around US$100 billion per annum. While United declared that pursuing the offer would be “irresponsible” towards its shareholders, Boeing were quick to state that […]

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Southwest Airlines Flight Instructors ratify new contract

Southwest Airlines’ Flight Instructors have approved the tentative agreement that was reached with Union negotiators in late January. Transport Workers Union (TWU) Local 557 reports that 68% of those who cast ballots voted in favor of the four-year contract. The Contract contains across-the-board pay raises, bonus opportunities, and mutually beneficial work-rule changes that meet the

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AE Materials Group acquires The Aircraft Group

AE Industrial Partners, a private equity investor in aerospace, power generation and specialty industrial companies, released that its wholly owned AE Materials Group (AEMG) has acquired The Aircraft Group (TAG). TAG is a leading provider of aircraft consulting services for the purchase, sale or leasing of commercial aircraft as well as fleet asset management. Terms

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CDB Leasing takes delivery of first Next-Generation 737

China Development Bank Financial Leasing took delivery of the first Boeing Next-Generation 737 from the lessor’s order book. It marks the first of 30 Boeing 737NG CDB Leasing has on order. The Next-Generation 737-800 delivered to China Eastern Airlines features the airlines’ refreshed interior and the signature elements of Boeing’s innovative Sky Interior with modern

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CREAFORM and Barfield sign distribution agreement

Creaform signed a global distribution agreement with Barfield, a recognized market leader in Ground Support Test Equipment, that will be distributing the HandySCAN 3D laser scanner system. Barfield’s parent company AFI KLM E&M teaming with Creaform pioneered developing a cost- and time-savings solution for inspecting and measuring hail impact damage to airframes using the Creaform

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ALAFCO selects AerData’s CMS and AerData Financials software

AerData, the provider of lease management, records management and engine fleet planning software, announced at the ISTAT Americas 2016 Annual Conference that ALAFCO Aviation Lease and Finance Company, has chosen AerData’s Corporate Management System (CMS) to support their fleet of over 50 aircraft. AerData’s Corporate Management System (CMS) is an industry leading platform that supports

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328 Design GmbH achieves first FAA STC for Dassault Falcon 50EX major cabin modernization

328 Design GmbH (328DO), part of the 328 Group, the Germany-based refurbishment, completions and aircraft maintenance specialist, has successfully achieved the first Supplemental Type Certificate (STC) for the Dassault Falcon 50EX from the US FAA under the FAA/EASA bilateral safety agreement. The STC covers extensive cabin refurbishment including the replacement of the legacy Cabin Management

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