26 May 2020

Lufthansa Group

Lufthansa agrees bailout terms with German government

After many weeks of protracted negotiations, Deutsche Lufthansa AG (Lufthansa), Germany’s largest and Europe’s second-largest carrier has announced it has come to a deal with the German government over a rescue package valued at €9.0 billion. The airline, which also includes subsidiaries Germanwings, Austrian Airlines, Swiss International Airlines and Brussels airlines has agreed to give […]

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U.K. Maritime and Coastguard Agency (MCA) will upgrade to Leonardo’s Osprey radar

The U.K. Maritime and Coastguard Agency (MCA) will upgrade to Leonardo’s latest Osprey radar to support missions such as search and rescue, border protection, fishery and pollution patrols. The Osprey 30 radar will be installed on-board the two customised Beechcraft King Air aircraft provided to the U.K. MCA by U.K.-based aviation services company 2Excel. Currently,

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Mitsubishi Heavy Industries closing down all U.S. SpaceJet facilities

Mitsubishi Heavy Industries, parent company of Mitsubishi Aircraft, has announced that all facilities in America associated with the development of its SpiceJet aircraft are to close with the loss of approximately 600 jobs. The recently rebranded SpaceJet project has been beset with problems since it was first launched as the Mitsubishi Regional Jet in 2008

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