1 July 2024

© Spirit AeroSystems

Boeing to acquire Spirit AeroSystems in an all-stock transaction

Boeing has entered into a definitive agreement to acquire Spirit AeroSystems. The merger is an all-stock transaction valued at approximately US$4.7 billion, or US$37.25 per share. Including Spirit’s last reported net debt, the total transaction value is approximately US$8.3 billion. Each share of Spirit common stock will be exchanged for a number of shares of […]

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Hong Kong Express

HK Express chooses Ultramain Systems’ advanced ELB software

HK Express Airways (HK Express), a low-cost carrier based in Hong Kong, has opted for Ultramain Systems ULTRAMAIN® ELB electronic cabin and technical logbook software. HK Express operates a growing fleet of Airbus A320 and A321 series aircraft, currently numbering 34. The implementation of ULTRAMAIN ELB across the carrier’s Airbus fleet will allow HK Express

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Emirates' first Boeing 777 will undergo full interior refurbishment on July 1. © Emirates

Emirates introduces new Boeing 777 interiors to Geneva, Tokyo Haneda, and Brussels

Emirates has revealed the initial cities on its network set to receive its latest B777 cabin interiors. The airline will introduce its refurbished Boeing 777s to Geneva, Tokyo Haneda and Brussels, offering passengers more opportunities to enjoy the airline’s signature premium- economy and, for the first time, Emirates’ next-generation business- class seats arranged in a

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Eve Air Mobility has secured new equity financing from multiple investors © Eve Air Mobility

Eve Air Mobility secures US$94 million in new equity financing

Eve Air Mobility has announced US$94 million in new equity financing from multiple investors. The funding, which involves the issuance of new shares of common stock and warrants, includes participation from a diverse group of global industrial companies such as Embraer, Nidec and other financial investors. This new funding strongly positions the company for future

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Latest HVOF technology is applied in Liebherr-Aerospace Lindenberg’s new building for surface treatmen

Liebherr-Aerospace opens new sustainable coating facility in Lindenberg

Just over a year after construction began, Liebherr-Aerospace has inaugurated its newly extended production area in Lindenberg, Germany. This new facility includes a centre of excellence for coating, with a focus on more sustainable surface treatment technologies. Liebherr-Aerospace has implemented state-of-the-art heating technology in the new building, similar to that used in existing areas of

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