FedEx Corporation and TNT Express N.V. have reached a conditional agreement on a recommended all-cash offer for all issued and outstanding ordinary shares, including shares represented by American Depositary Receipts of TNT Express for a cash offer price of €8.00 per share cum dividend except for the TNT Express final 2014 dividend of €0.08 in […]
FedEx to acquire TNT Express Read More »
Bruce Aerospace has added the Airbus A319 to their list of certified platforms for their popular XLume LED lighting product line. The work was performed by Air France Industries in Toulouse France. The certification covers the installation of new “Plug & Play” Sidewall, Ceiling, Entry and Lavatory Lights in single white and two-colour options. Air
The new Sri Lankan government has demanded an immediate investigation into the running of the state airline, SriLankan Airways. It is alleged that the carrier has been subject to levels of corruption which have seen billions of dollars unaccounted for. An inquiry into financial affairs at the airline, which was led by an anti-corruption lawyer,
Corruption claims regarding SriLankan Airlines alleges $billions are missing Read More »
L-3 Aviation Products (L-3 AP) held a ribbon-cutting ceremony on March 18th, in celebration of the opening of its new MRO (Manufacturing, Repair & Overhaul) facility in Bengaluru, India. “Our growing presence in India underscores L-3’s pledge to serving the Indian aviation sector,” said Krishen Ganase, president of L-3 Aviation Products. “Our new MRO facility
L-3 Aviation Products opens new MRO facility to serve Indian aviation marketplace Read More »
Mexican airport operator Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA (OMAB) (BMV:OMA), reports that terminal passenger traffic at its 13 airports increased 22.9% in March 2015, as compared to March 2014. Domestic traffic increased 23.0%, and international traffic increased 22.6%. Of total March traffic, 97.7% was commercial aviation and 2.3% was
OMA reports 22.9% increase in March 2015 passenger traffic Read More »
Wencor Group acquired PHS/MWA Aviation Services (“PHS”), a certified FAA/EASA Repair Station and world-class provider of aircraft repair solutions in cargo and interior systems, hydraulics, and power and controls. Terms of the transaction were not disclosed. “The acquisition of PHS enhances our Soundair Aviation Services affiliate, expanding both the international market presence and breadth of
Wencor Group acquires PHS/MWA Aviation Services Read More »
WestJet announced March 2015 traffic results with a load factor of 81.3%, down 2.7 points when compared to the previous year. Traffic increased 1.5% year-over-year and capacity grew 4.8% over the same period.
WestJet reports March load factor of 81.3% Read More »
The second aircraft has joined the Falcon 8X flight test campaign as the ultra long range trijet continues to pass key development milestones. Falcon 8X s/n 02 took to the skies from Dassault Aviation’s Bordeaux-Mérignac facility on Monday, March 30th. The flight plan was similar to that of the maiden flight on February 6th. After
Second Falcon 8X joins flight test campaign Read More »
In anticipation of a significant increase in engine production, Pratt & Whitney has signed nearly 200 long-term agreements involving a projected spend of more than US$18bn with key product suppliers from around the world. These agreements will help the company support increased production levels as it prepares for an expected doubling inengine production by the
Embraer Executive Jets delivered the 100th Phenom family jet produced in Melbourne, Fla., just over three years after the first aircraft rolled off this facility’s assembly line. The commemorative aircraft, a NetJets Signature Series Phenom 300, was delivered to NetJets, a Berkshire Hathaway company and will be part of the company’s European fleet. NetJets and
Embraer delivers milestone Phenom Family Jet to NetJets Read More »
