FedEx Corporation and TNT Express N.V. have reached a conditional agreement on a recommended all-cash offer for all issued and outstanding ordinary shares, including shares represented by American Depositary Receipts of TNT Express for a cash offer price of €8.00 per share cum dividend except for the TNT Express final 2014 dividend of €0.08 in
Bruce Aerospace has added the Airbus A319 to their list of certified platforms for their popular XLume LED lighting product line. The work was performed by Air France Industries in Toulouse France. The certification covers the installation of new “Plug & Play” Sidewall, Ceiling, Entry and Lavatory Lights in single white and two-colour options. Air
The new Sri Lankan government has demanded an immediate investigation into the running of the state airline, SriLankan Airways. It is alleged that the carrier has been subject to levels of corruption which have seen billions of dollars unaccounted for. An inquiry into financial affairs at the airline, which was led by an anti-corruption lawyer,
L-3 Aviation Products (L-3 AP) held a ribbon-cutting ceremony on March 18th, in celebration of the opening of its new MRO (Manufacturing, Repair & Overhaul) facility in Bengaluru, India. “Our growing presence in India underscores L-3’s pledge to serving the Indian aviation sector,” said Krishen Ganase, president of L-3 Aviation Products. “Our new MRO facility
The second aircraft has joined the Falcon 8X flight test campaign as the ultra long range trijet continues to pass key development milestones. Falcon 8X s/n 02 took to the skies from Dassault Aviation’s Bordeaux-Mérignac facility on Monday, March 30th. The flight plan was similar to that of the maiden flight on February 6th. After
In anticipation of a significant increase in engine production, Pratt & Whitney has signed nearly 200 long-term agreements involving a projected spend of more than US$18bn with key product suppliers from around the world. These agreements will help the company support increased production levels as it prepares for an expected doubling inengine production by the
Embraer Executive Jets delivered the 100th Phenom family jet produced in Melbourne, Fla., just over three years after the first aircraft rolled off this facility’s assembly line. The commemorative aircraft, a NetJets Signature Series Phenom 300, was delivered to NetJets, a Berkshire Hathaway company and will be part of the company’s European fleet. NetJets and
GE Capital Aviation Services Limited (GECAS) announced delivery of a new, next-generation Boeing 737-800 aircraft to flydubai following a purchase and leaseback transaction. The aircraft expands flydubai’s fleet and was part of the airline’s existing order book with Boeing. flydubai currently operates a fleet of 46 aircraft to more than 95 destinations.
There is consternation all round as, despite the local borough council having already approved plans to expand London City Airport (LCY), London’s Mayor, Boris Johnson has refused to allow the expansion to go ahead. Plans submitted were for a £200 m (US$295m) injection of capital to virtually triple the size of the terminal to 50,000ft2,
The Mexican Navy (Semar) has become the launch customer of the latest version of the Airbus C295 medium transport aircraft – the new C295W equipped with winglets. Thanks to the winglets, the C295W will be able to transport more payload to a longer distance with around a 4% fuel savings, even in hot and high
