Heike Tamm

AeroCity Tech Ventures to invest €20 million in aviation start-ups

Financial

AeroCity, a fast-growing campus of aviation companies in Vilnius, has exciting news for start-ups and business innovators in aviation. A newly established AeroCity Tech Venture fund will help the best aviation technology ideas and companies to take off and establish themselves as a global player in the industry. The AeroCity project being built by the […]

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ST Engineering appoints Tan Lee Chew as President Commercial

People

ST Engineering has appointed Tan Lee Chew as President Commercial and also as a member of the Group Executive Committee, effective September 1, 2021. Reporting to Group President and CEO Vincent Chong, Lee Chew will oversee and drive growth for the commercial cluster, which comprises three business areas: Commercial Aerospace, Urban Solutions and Satellite Communications,

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Satair and FACC sign global distribution agreement

MRO & Production

Satair, an Airbus Services company and leader in the commercial aerospace aftermarket, and FACC, a manufacturer of advanced aircraft components and systems for the global aerospace industries, have signed their first agreement. The multi-year agreement covers the global exclusive distribution of Airspace XL bins (overhead stowage compartments), the entrance area, ceiling panels and all related

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Ethiopian Airlines and Boeing will establish a joint venture

Boeing and Ethiopian Airlines sign MoU to position Ethiopia as aviation hub for Africa

Other News, Top Stories

Boeing and Ethiopian Airlines Group (Ethiopian) have signed a memorandum of understanding (MoU) that aims to position Ethiopia as Africa’s aviation hub – “Ethiopia for Africa”. The intention is to create a world-class aviation partnership, and to achieve their shared vision, there will be four areas of strategic collaboration: Industrial Development, Advanced Aviation Training, Educational

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Norwegian Air Shuttle

Norwegian’s second-quarter results positive effected by completed reconstruction process

Financial

Norwegian has reported its second-quarter results, continued to be impacted by COVID-19 and travel restrictions in all markets. However, following the successful completion of the reconstruction process and the subsequent NOK 6 billion equity raise, the company is now well positioned for future growth and to respond to increased customer demand. Norwegian reported profit before

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Spirit AeroSystems Europe delivers first set of A320-family RTM spoilers

MRO & Production

Spirit AeroSystems (Europe) (U.K.) has successfully delivered the first set of new advanced composite spoilers to Airbus for the A320 family. The spoilers are produced using Spirit’s pioneering Resin Transfer Moulding (RTM) technology and are the first to feature on a flying aircraft. The redesigned spoiler is produced using a highly automated advanced manufacturing, out-of-autoclave

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Air France-KLM

Air France-KLM Group reports second-quarter net loss of €1,489 million

Financial

The Air France-KLM Group’s results improved in the second quarter 2021 compared to last year, although the results were still impacted by travel restrictions.The Group reported revenues of €2,750 million, up €1,568 million compared to last year. The operating result was €-752 million, up €801 million compared to last year. The Group reduced its EBITDA

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Collins Aerospace to acquire FlightAware

Uncategorized

Collins Aerospace, a Raytheon Technologies business, has signed a definitive agreement to acquire privately held FlightAware, a leading digital aviation company providing global flight tracking solutions, predictive technology, analytics and decision-making tools. Closure of the acquisition is subject to the completion of customary conditions and regulatory approvals. Following closing, FlightAware will join Collins’ Information Management Services portfolio within the company’s avionics strategic business unit. Financial

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VoltAero appoints Pilar Albiac-Murillo, Charles Champion and Sean O’Keefe to the company’s Advisory Board

People

Three renowned executives from the industry, government, and education sectors have been named to VoltAero’s Advisory Board, bringing decades of expertise in aircraft development, production, and program management as the company evolves its family of Cassio electric-hybrid airplanes. The appointments are Pilar Albiac-Murillo, Charles Champion, and Sean O’Keefe, who join Mikhail Lifshits on the Advisory

VoltAero appoints Pilar Albiac-Murillo, Charles Champion and Sean O’Keefe to the company’s Advisory Board Read More »

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