19 November 2024

Spirit AeroSystems sells FMI business for US$165 million

Spirit AeroSystems has announced a deal to sell its Fiber Materials, Inc. (FMI) business to Tex Tech Industries (Tex Tech) for US$165 million in cash, subject to customary adjustments. The transaction involves FMI’s operations in Biddeford, Maine, and Woonsocket, Rhode Island, which employ approximately 400 engineers and production staff. FMI is a leader in high-temperature […]

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SkyFive and Lufthansa Technik partner to boost A2G connectivity

SkyFive, a provider of smart inflight connectivity solutions, has partnered with Lufthansa Technik to scale the delivery of cost-effective Air-to-Ground (A2G) broadband services for commercial airlines worldwide. This collaboration, established through a new framework agreement, leverages Lufthansa Technik’s expertise in design and production to create, certify and manufacture installation kits that simplify fleet upgrades with

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Oliver Vogelgesang

Oliver Vogelgesang joins Volocopter as new CFO, ahead of market launch

Volocopter, a pioneer in sustainable urban air mobility, has announced the appointment of Oliver Vogelgesang as its Chief Financial Officer (CFO), effective immediately. An accomplished financial executive with extensive experience in listed companies, Vogelgesang will oversee the firm’s fundraising initiatives and solidify its financial operations in preparation for its expected aircraft certification in 2025 and

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Inauguration of the new training centre in St Peters, close to Sydney Airport

Sydney welcomes new Qantas and CAE flight training centre

Qantas and CAE have officially inaugurated a state-of-the-art training centre in St Peters, near Sydney Airport. The centre is designed to train thousands of new and existing pilots from Qantas and Jetstar annually. Developed in collaboration with global training provider CAE, the facility features five full-flight simulators, three fixed training devices and ten classrooms, with

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