The U.S. Army has confirmed that it has awarded Boeing a contract for the production of 12 new CH-47F Chinooks for the Egyptian Air Force. At a cost of US$426 million (£355 million) Egypt will replace its fleet of CH-47D aircraft with the modern F model, providing it with advanced multi-mission capabilities. “The F-model aircraft …
In December 2022 Lima Airport Partners (LAP), part of the Fraport Group since 2001, signed a US$1,250 million project financing agreement for the infrastructure development in progress at Lima’s Jorge Chávez International Airport (LIM) in Peru. The financing is being provided by seven banks: BBVA, IDB Invest, KfW IPEX Bank, Mitsubishi UFJ Financial Group (MUFG), …
LAP signs US$1,250 million financing agreement for Lima Airport expansion Read More »
IBC Advanced Alloys Corp., a leading beryllium and copper advanced alloys company, has released that it has closed the company’s previously announced non-brokered private placement (the offering). Pursuant to the offering, the company issued 11,269,444 units of the company at a price of CA$0.108 per unit for gross proceeds to the company of approximately CA$1,217,100. …
IBC Advanced Alloys announces closing of non-brokered private placement Read More »
Emirates has sealed an agreement with the Ministry of Foreign Affairs of the Bahamas to promote tourism to the Caribbean archipelago. The airline and the Bahamas’ Ministry of Tourism will embark on joint initiatives to boost visitor traffic into the islands from key markets across Emirates’ network. The Memorandum of Understanding (MoU) was signed by …
Emirates signs agreement with Ministry of Foreign Affairs of Bahamas to promote tourism Read More »
Swiss International Air Lines (SWISS) has appointed Léa Wertheimer as its new Head of Corporate Communications. Together with her team, she will be responsible for all of SWISS’ external and internal communications from April 2023 onwards, reporting directly to CEO Dieter Vranckx. Wertheimer succeeds Daniel Bärlocher, who left the company in October to take on …
Léa Wertheimer named SWISS’ new Head of Corporate Communications Read More »
HEICO Corporation has released that net sales increased 20% to a record US$609.6 million in the fourth quarter of fiscal year 2022, up from US$509.4 million in the fourth quarter of fiscal year 2021. Operating income increased 27% to US$146.5 million in the fourth quarter, up from US$115.0 million in the fourth quarter of 2021. …
HEICO Corporation reports fourth-quarter and full fiscal year results Read More »
