7 March 2018

Airbus has finalised the sale of Plant Holdings, which holds the Airbus DS Communications business, to Motorola Solutions, after receiving the required regulatory approvals. This divestment is part of the portfolio reshaping within the Airbus Defence and Space Division announced in September 2014. Airbus DS Communications is a leading provider in North America of command

Rolls-Royce has announced that its Civil Aerospace segment posted underlying revenue of £8,023m and underlying operating profit of £520m for full year 2017. The company reported underlying revenue and underlying operating profit growth of 12% and 34% respectively, driven by 35% increase in large engine delivery volumes and a 12% increase in invoiced flying hours.

Independent aircraft leasing company AeroCentury Corp., has reported fourth quarter earnings of US$6.02m, compared to US$385,000 in the third quarter of 2017 and a loss of US$40,000 in the fourth quarter of 2016. Fourth quarter 2017 results included a US$5.4m tax benefit from the revaluation of the Company’s deferred tax liability caused by of the