Boeing and Tata Industries Limited of India have agreed on a plan to form a joint-venture company that will initially include more than $500 million of defense-related aerospace component work in India for export to Boeing and its international customers. Under the memorandum of agreement signed by Boeing and Tata, it is contemplated that the
Boeing named Ralph “Skip” Boyce president of Boeing Southeast Asia. Boyce will focus on strengthening the company’s presence across the region and supporting opportunities to increase Boeing’s growth and productivity. He will be based in Singapore and report to Shep Hill, president, Boeing International. Boyce succeeds two retiring Boeing leaders: Douglas Miller, Boeing Integrated Defense
AerCap of the Netherlands, have signed a 2 year agreement with Waviatech, the UK-based provider of the Stream-Digital Aircraft Records tool. The agreement covers the scanning of the historical records for its fleet of aircraft that will be transitioning between leases with the data being presented in the Stream format.
Sentient Jet Holdings a leading full-service private aviation companie, announced the acquisition of Southwest Jet Aviation, based in Scottsdale, Arizona. The addition of Southwest Jet provides Sentient with an operating base in the large and rapidly growing Arizona market and strengthens the Company
EADS, a world leader in aerospace, defence and related services, signed a Memorandum of Understanding with the Kazyna Sustainable Development Fund for astrategic partnership in the development of the aerospace industry and related services in Kazakhstan. This agreement with Kazyna envisages feasibility studies for the financing of aerospace projects. In addition EADS also signed a
easyJet officially opened the airline
JetBlue Airways reported that Christoph Franz, CEO of Swiss International Air Lines Ltd, has been appointed to its Board of Directors effective immediately. Dr. Franz represents the Deutsche Lufthansa Group, whose $300 million investment in JetBlue was recently completed. Christoph Franz is Swiss International Air Line’s Chief Executive Officer and has served in that capacity
Qantas said that it had reached an ‘in principle’ Enterprise Bargaining Agreement (EBA) with the Australian Licensed Aircraft Engineers Association (ALAEA). The new four-year agreement, which will be the subject of a formal vote, covers nearly 1,600 Qantas Engineering employees. The Chief Executive Officer of Qantas, Mr Geoff Dixon, said the agreement was important for
According to its latest Global Market Forecast, Airbus foresees a demand for some 24,300 new passenger and freighter aircraft valued at $ 2.8 trillion between now and 2026. This will create an average annual delivery of some 1,215 aircraft, up from the previously forecast 1,130 average deliveries in the last GMF. Demand will drive the
AAR released that Robert J. Regan, who will join AAR on March 3, has been selected as the Company’s next general counsel following the retirement of Howard A. Pulsifer who, after 20 years, plans to retire effective June 1, 2008. Regan previously served as a partner at Schiff Hardin LLP, a general practice law firm,
