Rolls-Royce celebrated the official opening of its £30m extention to its Derby Assembly & Test facility on November 23rd. The 2867 m² extension will increase capacity to assemble Trent civil aero engines and become the production hub for the Trent XWB. Rolls-Royce has installed new equipment and is making use of advanced manufacturing processes helping
Provincial Aerospace, a subsidiary of Exchange Income Corporation, has been awarded a 5 year in-service support contract with an existing Middle East client. This contract is expected to generate additional revenues of in excess of $150m over the 5 years. “We are delighted to be able to expand our operations in the Middle East and
Plans put forward for a new four-runway airport at Lebak, in Banten Province, which is near Jakarta, have been rejected by the Indonesian Ministry of Transport (MOT) after a year-long consultation. The plans had been submitted by the Lion Group and property developer PT Maja Raya Semestra (MRIS) for the development of a 4,000 hectare
CFM is the only engine manufacturer to gain dual original certification from both agencies, rather one lead agency issuing a type certification and the second agency validating that certification. This reflects CFM’s dual design and production structure which has been so successful for more than 40 years. The LEAP-1A flew for the first time on
Only two days after two bomb threats were responsible for the diversion of two Air France planes bound for France from the US, a plane belonging to Polish airline LOT was forced to divert and land at Burgas Airport in Bulgaria while en route to Hurghada in Egypt from Warsaw in Poland. “The plane landed
TransDigm Group and Breeze-Eastern signed a definitive merger agreement providing for Breeze-Eastern to become an indirect wholly-owned subsidiary of TransDigm. TransDigm and Breeze-Eastern both design, manufacture and supply highly engineered aircraft components. Under the terms of the agreement, a subsidiary of TransDigm will commence a tender offer to acquire all of the outstanding shares of
The Finnish Competition and Consumer Authority has approved the transaction in which Finnair transfers 60% of the shares in Nordic Regional Airlines AB to StaffPoint Holding Oy and Kilco Oy. Upon completion of the sale, StaffPoint’s ownership in the joint venture will be 45%, Kilco’s 15% and Finnair’s 40%. The transaction is expected to close
Delta Air Lines intends to acquire up to an additional 32% of the outstanding capital stock of Grupo Aeromexico S.A.B. de C.V. (AEROMEX.MX) through a cash tender offer for MXP$43.59 per share. This investment will strengthen the airlines’ partnership and provide more travel options for customers in the U.S. and Mexico. Currently, Delta owns approximately
Rolls-Royce released that TAP Portugal selected the Trent 7000 engine to power 14 Airbus A330-900neo aircraft. The aircraft will join TAP Portugal’s fleet as part of its fleet renewal announced by the airline’s new majority owner Atlantic Gateway. The new aircraft order replaces the previous order for 12 A350-900 aircraft.
The Hungarian airline Wizz Air has contracted Lufthansa Technik Budapest (LTB) to provide line maintenance services for its fleet at the Budapest and Debrecen locations. The agreement comes into force in February 2016 and includes Wizz Air’s eight Airbus A320 aircraft stationed in Budapest. Lufthansa Technik Budapest will carry out the maintenance at the two
