Airbus has confirmed its intention to settle allegations of bribery brought about by three countries – the U.S., the U.K. and France at the end of a four-year investigation involving the U.S Department of Justice, the U.K. Serious Fraud Office and France’s Parquet National Financier. The agreement is still subject to approval by the courts […]
Airbus prepares to settle bribery case for around US$3 billion Read More »
Leonardo has signed a contract with Lynwood (Schweiz) AG to acquire 100% of Kopter Group AG (Kopter). This move allows Leonardo to further strengthen its worldwide leadership and position in the rotorcraft sector; leveraging innovation, new capabilities and engineering skills which have been developed by the young, agile Swiss Company. Kopter’s SH09, a new single-engine
Leonardo buys 100% of Swiss helicopter company Kopter from Lynwood Read More »
Brazil’s Administrative Council of Economic Defense (CADE) has approved Boeing’s acquisition of Brazilian planemaker Embraer’s commercial aviation division without placing any restrictions on the deal, though CAD’s principal administration council could still reconsider the situation and settle the case through a vote. It follows clearance from jurisdictions such as the USA, China, Japan, South Africa,
Boeing-Embraer deal gets go-ahead from Brazil antitrust regulator CADE Read More »
Helicopter lessor LCI, the aviation division of the Libra Group, has sealed new partnerships with two leading financial institutions as it continues to grow its fleet. The lessor has just taken delivery of a Leonardo AW169 helicopter with financing arranged from new partner, Investec. The state-of-the-art aircraft is being placed with a leading European provider
Helicopter lessor LCI seals new partnerships with two financial institutions Read More »
On January 24, Avia Solutions Group has signed an agreement with the BB Holding ehf., advised by Barons Capital Partners, to acquire 100% of the shareholdings of Bluebird Nordic. Gediminas Ziemelis, Founder and Chairman of the Board of Directors of Avia Solutions Group expressed his contentment, “I am utterly pleased to have had an opportunity
Avia Solutions Group to acquire Bluebird Nordic Read More »
StandardAero and Thales have announced WeatherTech as the launch customer for their advanced 4-axis Compact Autopilot System for the Airbus Helicopters H125/AS350 platform. Derived from certified transport category solutions, the Lightweight Compact Autopilot brings advanced, state-of-the-art 4-axis capability, performance and enhanced levels of safety to the light helicopter market, while eliminating the need for a
WeatherTech becomes launch customer for Advanced Autopilot System for H125/AS350 Read More »
Due to the recent suspension of all group travel from China, Finnair will cancel its three weekly flights between Helsinki and Beijing Daxing International Airport between February 5 and March 29, and its two weekly flights between Helsinki and Nanjing between February 8 and March 29. Finnair continues to operate daily to Beijing Capital Airport
Finnair suspends Nanjing and Beijing Daxing routes until end of March Read More »
AJW Group is expanding its presence in the Japanese aviation market with the appointment of Toyota Tsusho Corporation (TTC) as its sole sales representative. This partnership will enable AJW Group to expand and increase its capacity to support Japanese customers. TTC will act as a partner to supply aircraft components, support contracted services, including PBH,
AJW appoints TTC as sole sales representative in Japan Read More »
Scandinavian Airlines Irelan, the Irish subsidiary of Scandinavian Airlines (SAS), announced the successful implementation of OpenAirlines’ SkyBreathe® eco-flying solution to pursue its commitment to sustainable development. SkyBreathe® Fuel Efficiency is an innovative solution using big data algorithms, artificial intelligence, and machine learning to automatically analyze billions of data points from flight recorders. By combining them
