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Boeing pays US$4.25bn to Acquire Aerospace Parts Distributor KLX Inc.

Boeing has announced that it has entered into a definitive agreement to acquire KLX Inc. excluding KLX Inc.’s Energy Services Group. KLX is a major independent provider of aviation parts and services within the aerospace industry. The intention is for KLX to become fully integrated with Boeing’s Aviall in order to broaden the scope of

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FAA Receives Funding for Next Five Years

On a vote of 393-13 the House of Representatives has passed the Federal Aviation Administration (FAA) reauthorization bill which has guaranteed the agency’s funding for the next five years. The legislation has also included provision for directing how disaster funds are spent, though there is no financial allocation via the measure for such programs. Legislation

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Southwest Airlines exercises 40 Boeing 737 MAX 8 options

Southwest Airlines has revised its future firm order delivery schedule with Boeing to support future fleet modernization. The Company exercised 40 737 MAX 8 options which adds 10 additional firm orders in each year 2019 through 2022. Additionally, five 737 MAX 8 firm orders were shifted from 2019 into fourth quarter 2018, and three pre-owned

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London Heliport Sees 5% Increase in Activity in 2017

In a news update from London Heliport, 2017 saw the facility handle 11,900 total movements, an increase of 5% on 2016 figures. With Halo and Starspeed now making the Leonardo AW169 available for charter, the heliport has seen a shift towards large twin-engine executive helicopter movements. The heliport is currently undergoing a major communications network

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Rolls-Royce ramps up more rigorous Trent 1000 engine inspections

What began as a problem with the Trent 1000 Package C compressor and subsequent problems with turbine blades wearing out sooner than expected, has now seen Rolls-Royce ramp up the number of more rigorous inspections of the engine after liaising with authorities over a separate issue. The engines have needed unscheduled maintenance due to parts

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Jet Aviation agrees to acquire Hawker Pacific in US$250m deal

It has been announced that Jet Aviation has signed a binding agreement to acquire Hawker Pacific for US$250 million. Commenting on the deal, Rob Smith, president of Jet Aviation commented: “The acquisition of Hawker Pacific represents a significant step in expanding our footprint, capability and customer offer across Asia Pacific and the Middle East. “Hawker

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