1 November 2024

Siemens

Siemens acquires Altair Engineering in US$10 billion deal

Financial

Siemens has announced its acquisition of Altair Engineering, a leading industrial simulation and analysis software provider, in a deal valued at US$10 billion, paying US$113 per share – a 19% premium over Altair’s last trading price. This strategic acquisition aims to deepen Siemens’ capabilities in digitalisation and sustainable innovation by integrating Altair’s expertise in high-performance […]

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An inspection is being conducted using Waygate Technologies’ Mentor Visual iQ+ borescope © GE Aerospace

GE Aerospace, Waygate unveil AI-enhanced borescope for engine inspection

MRO & Production

GE Aerospace, in partnership with Waygate Technologies (Waygate), a Baker Hughes business, has launched a new AI-assisted borescope solution for commercial aviation engines. This breakthrough tool, soon to be available to Waygate customers and GE’s MRO network, marks the first achievement under the companies’ Joint Technology Development Agreement announced in May 2023. Focusing on AI-driven

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ECTS will provide training for Eve’s eVTOL aircraft pilots, maintenance technicians and ground handling personnel © Eve

Eve selects ECTS for eVTOL pilot and maintenance training

Other News

Eve Air Mobility (Eve) has appointed Embraer-CAE Training Services (ECTS) as its exclusive training provider for the new-generation of eVTOL aircraft. ECTS, a joint venture between Embraer and CAE Inc., will oversee training programmes for Eve’s eVTOL pilots, maintenance technicians and ground support teams, all under the newly launched Eve TechCare service portfolio, which offers

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SriLankan Airlines is joining the Board of Airline Representatives in Germany (BARIG)

SriLankan Airlines joins BARIG, strengthening ties between Germany and Sri Lanka

Airlines & Routes

SriLankan Airlines, the national airline of Sri Lanka, has joined the Board of Airline Representatives in Germany (BARIG), an influential body advocating for the interests of both national and international airlines operating in Germany. This membership underscores SriLankan Airlines’ commitment to enhancing its presence in the German market while aligning itself with other international carriers

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SunExpress aircraft

Turkish Technic secures major MRO contracts with SunExpress

MRO & Production

Turkish Technic has strengthened its long-standing partnership with SunExpress Airlines through the signing of two major service agreements. SunExpress, a joint venture between Turkish Airlines and Lufthansa, will benefit from Turkish Technic’s capabilities to maintain the operational readiness of its fleet. The first agreement provides SunExpress with comprehensive component pool support, granting access to Turkish

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