Tokyo-based Takata Corporation, a leading global supplier of automotive safety systems including seat belts, airbags and child seats, completed the acquisition of two BAE Systems subsidiaries: BAE Systems Safety Products, (based in Pompano Beach, Florida, USA) and Schroth Safety Products GmbH (based in Arnsberg, Germany). The total acquisition price was approximately $32m. The two companies
IAG reported February 2012 Group traffic rose by 3.7% compared to February 2011, while capacity was up 2.5%. The load factor for the month was up 0.8 points to 73.6%.
Alaska reported a 9.7% increase in traffic, on a 5.8% increase in capacity compared to February 2011. This resulted in a 3.0-point increase in load factor to 84.5%. Horizon’s traffic declined 11.9% in February, while capacity declined 11.3% compared to February 2011. This resulted in a 0.5-point decrease in load factor to 76.5%.
StandardAero signed a long term agreement with NordStar Airlines’ parent company, Taimyr Airlines, to perform engine maintenance on NordStar’s fleet of new ATR 42-500 aircraft. Under the terms of the agreement, StandardAero will be implementing a TEAM (Total Engine Asset Management) Program in the maintenance of NordStar’s new fleet of five ATR42’s. Managed by one
After completion of the Technical acceptance procedure, JSC “Sukhoi Civil Aircraft“ (SCAC) and Aeroflot signed the Act of Delivery & Acceptance for the sixth deliverable Sukhoi Superjet 100, MSN 95013 at Komsomolsk-on-the Amur on February 28th, 2012. The aircraft received the tail number RA-89005 and is painted in the SkyTeam livery.
TP Aerospace Leasing has been awarded a five year contract to provide its full service and all inclusive Cycle Flat Rate (CFR) program to Poland’s growing charter airline, OLT Express. TP Aerospace Leasing will provide its highly flexible, cost effective and tailor made component maintenance, pool access, onsite lease inventory and logistics program in support
Estonian Air has selected Embraer’s family of E-Jets to revamp its entire fleet of narrow-body and regional jets. The national flag carrier of Estonia and Embraer have signed a contract for the purchase of three E175s and one E190. Estonian Air will also take eight additional aircraft, four E170s and four E190s, under a combination
Aero Surveys Limited, a Ghanaian regional carrier, operating under the commercial name ”Starbow” and based in the capital Accra, has acquired two additional BAe 146 regional jetliners for use on regional and domestic routes. The aircraft, one BAe 146-300 and one BAe 146-200 will double its fleet size to four aircraft and will add additional
For full-year 2011, Safran’s revenue was €11,736m, compared to €10,760m in the same period a year ago, a 9.1% year-on-year increase (6.3% organic growth). New order intake during 2011 improved by 60% to €21bn, providing some evidence of robust and resilient demand. The backlog grew to €43bn, containing recent CFM56 and LEAP firm orders. For
Lockheed Martin’s operation in Pinellas Park officially opened a new 57,000 ft² manufacturing facility, to produce aircraft canopy components for the F-35 Lighting II fighter.The new facility is an annex to Lockheed Martin’s existing 197,000 ft² building that has been producing structural components for more than 10 different types of aircraft since 1997. The operation
