As part of its £2 billion disposal plan announced in August, Rolls-Royce has announced that it intends to dispose of Industria de Turbo Propulsores (ITP Aero) which has seen a continued negative impact on trading owing to the challenging civil aerospace market. However, defense, which represents 25% of ITP Aero volumes, benefited from the Eurofighter …
Rolls-Royce sets ball rolling for 2021 disposal of ITP Aero Read More »
Supersonic aircraft company Aerion, has started development at Aerion Park – the company’s future state-of-the-art global headquarters that will home production of the AS2 business jet from 2023. Aerion Park – which will represent a capital investment of more than US$300m in construction, machinery, and equipment – will bring at least 675 new jobs in …
Dubai Aerospace Enterprise (DAE) has delivered the first of 18 Boeing 737 MAX 8 aircraft to American Airlines as part of the purchase-and-leaseback agreement signed with American Airlines in the third quarter of this year. Delivery of the remaining aircraft is expected to be completed in the coming months. Firoz Tarapore, Chief Executive Officer of …
DAE delivers first of 18 Boeing 737 MAX 8 aircraft to American Airlines Read More »
Eastern Airlines, based in Pennsylvania, U.S.A., has selected AMOS as its MRO software to support its fleet of twelve B767 and B777 aircraft. The AMOS Airline/MRO Edition will allow Eastern Airlines to take full advantage of the deep functionality of AMOS over the broad scope of maintenance processes that the company performs. Eastern also opted …
Eastern Airlines opts for AMOS Airline/MRO Edition Read More »
Swiss International Air Lines (SWISS) has appointed Peter Lienhard as its new Head of Information Technology. He will take up his new position, in which he will report directly to CFO Markus Binkert, on January 1, 2021. Lienhard will also hold the function of Head of IT Domain Hub Airlines Commercial for the Lufthansa Group, …
SWISS names Peter Lienhard Head of Information Technology Read More »
British Airways has teamed up with ZeroAvia, a leading innovator in decarbonising commercial aviation, in a project to explore how hydrogen-powered aircraft can play a leading role in the future of sustainable flying. The collaboration, which reflects the importance of sustainability at British Airways, will see ZeroAvia embedded in the heart of the airline. The …
BA to partner with ZeroAvia to speed up switch to hydrogen-powered passenger aircraft Read More »
Leonardo and the European Investment Bank (EIB) have signed a loan agreement of €200 million. The financing has the purpose of supporting the investment projects planned in the group’s industrial plan against the background of the impact of the COVID-19 pandemic. This further loan by the EIB brings the investment support of the loan signed …
Leonardo secures €200 million financing from the European Investment Bank Read More »
Air Saint-Pierre has taken delivery of its new ATR 42-600 aircraft, following the signature of a Memorandum of Understanding in July 2018. Based on one of the three main islands of Saint Pierre and Miquelon (around 6,300 inhabitants), Air Saint-Pierre is essential to the archipelago’s economy, as it flies both passengers and goods to Miquelon, …
Air Saint-Pierre takes delivery of new ATR 42-600 Read More »
