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GE plans to invest US$1.4bn to acquire additive manufacturing companies Arcam and SLM

GE reported plans to acquire two suppliers of additive manufacturing equipment, Arcam AB and SLM Solutions Group AG for US$1.4bn. Both companies will report into David Joyce, President & CEO of GE Aviation. Joyce will lead the growth of these businesses in the additive manufacturing equipment and services industry. In addition, he will lead the […]

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Delta and Korean Air strengthen partnership with new flights to Seoul

Delta Air Lines (DAL) is expanding to Asia with new service between Hartsfield-Jackson Atlanta International Airport and Seoul Incheon International Airport beginning on June 3, 2017. The daily nonstop flight will operate with a 291-seat Boeing 777-200LR aircraft. Additionally, Delta and Korean Air are expanding their joint codeshare agreement. Delta’s new Atlanta flight complements Korean

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Aviation Technical Services acquires Texas Pneumatics Systems

Aviation Technical Services (ATS) has acquired Texas Pneumatics Systems (TPS), a company that provides repair and overhaul services for commercial airlines predominantly for pneumatic and fuel related components and systems. Located near Fort Worth, Texas, TPS is a world recognized high-quality repair station with a 20 year proven record that employs an experienced team of

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TransDigm to acquire Young & Franklin and Tactair Fluid Controls

TransDigm Group has entered into a definitive agreement to acquire Young & Franklin and its subsidiaries, including Tactair Fluid Controls. The Company manufactures proprietary, highly engineered valves and actuators. Revenues are anticipated to be about US$75m for the fiscal year ending December 2016 with aftermarket comprising approximately 70% of the revenue. Nearly 100% of the

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Europe, U.S. and China to join ICAO’s aviation emissions scheme

On September 4, 44 member states of the European Civil Aviation Conference (ECAC) committed to joining the International Civil Aviation’s (ICAO’s) global market-based measure (MBM) scheme from the very beginning. On the same day, both the U.S. and China jointly announced they anticipated being “early participants” in the global MBM. The MBM is also referred

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