L3Harris Technologies, an aerospace and defence company, confirmed that it has been informed that the U.S. Federal Trade Commission would not oppose its proposed US$4.7 billion acquisition of Aerojet Rocketdyne (Aerojet). L3Harris Technologies has now raised its full-year forecasts for revenue and profit as the war in Ukraine has increased demand for defence equipment. U.S. […]
L3Harris’ acquisition of Aerojet gets approval Read More »
Safran’s CEO, Olivier Andriès, has expressed enthusiasm regarding the company’s performance in the first half of 2023. He said that numerous new orders have been announced since the beginning of the year, and there’s a notable increase in narrow-body air traffic, surpassing the levels seen in 2019. As a result, there is a significant demand
Safran reports excellent performance driven by civil engines aftermarket Read More »
Swissport has released that it has appointed new leaders for the U.S. and Canada. Nelson Camacho becomes CEO for the region. He will be driving Swissport’s development in one of its largest, most important markets. Furthermore, Stacey Brown starts as regional Chief People Officer. Camacho, formerly the company’s Chief Operating Officer for Swissport in the
Swissport appoints new leaders for the U.S. and Canada Read More »
Avolon, the international aircraft leasing company, has added US-Bangla Airlines as a new customer, with an agreement to lease the Bangladeshi carrier two Airbus A330-300 aircraft. These will be the first wide-body aircraft operated by US-Bangla Airlines, adding another carrier to the A330 fleet. The new deliveries will help to support the airlines’ passenger growth
US-Bangla Airlines leases two Airbus A330-330s Read More »
Sensus Aero, a new-gen software solution for the aviation industry, has signed a contract with SIA Gulfstream Oil, a Latvian fuelling company. Under the six-year-long agreement, Sensus Aero will provide into-plane fuelling software solutions to optimise the company’s operations at Riga International Airport. From its wide portfolio of available software modules, Sensus Aero will provide
Sensus Aero and SIA Gulfstream Oil sign agreement Read More »
IAG Cargo, the cargo division of International Airlines Group (IAG) has reported its financial results for the first half of (H1) 2023. The business reported commercial revenues of €603 million for the period from January 1 to June 30, 2023. IAG Cargo’s H1 2023 revenues represent an increase of 8.5% versus the same period before
IAG Cargo reports revenues of €603 million for H1 2023 Read More »
