Avolon, the international aircraft leasing company, delivered a second Boeing 737-800 to Aeromexico. The delivery is the second of four B737-800 aircraft scheduled for delivery to Aeromexico by Avolon. Avolon also delivered the first of four Boeing 787-9 to Virgin Atlantic.
Airbus Group completed a placement of 1,612,407 shares of Dassault Aviation corresponding to 17.5% of the company’s share capital. In accordance with the agreement signed with Airbus Group and pursuant to the approval granted by its shareholders during its shareholders’ meeting dated January 28th, 2015, Dassault Aviation acquired through this placement 460,687 shares corresponding to
The devastating impact and mountainous terrain has meant that 36 hours after the crash of Germanwings flight 4U9525, only a damaged cockpit voice recorder has been recovered so far as search parties continue to scour the surrounding hillside for the flight data recorder. It will take some time of the cockpit voice recorder to be
PPG Industries’ aerospace transparencies group produced the transparencies for the S-97 RAIDER rotorcraft prototype rolled out by Sikorsky Aircraft Corp. Tthe 14-ft² windshields are polycarbonate laminates for high impact strength and light weight with proprietary protective coatings to extend service life, according to Brent Wright, PPG global platform director for aerospace transparencies. “Sikorsky wanted windshields
The Moroccan minister for Industry, Trade, Investment and the Digital Economy, laid the foundation stone for the expansion of the MATIS Aerospace plant in Casablanca on March 24th. MATIS Aerospace is a joint venture of Labinal Power Systems and Boeing, each owning 50% of the company. The company specializes in systems for the interconnection of
Bombardier has delivered its first Learjet 75 aircraft to an undisclosed customer based in Poland following certification by the authorities of the country’s Civil Aviation Authority. “Learjet has a heritage than spans more than 50 years and remains a standard for high-performing business jets,” said Valeria Kolyuchaya, Regional Vice President, Sales, Eastern Europe, Russia and
Finnair’s Board of Directors has approved an approximately €80m investment in a brand new cargo terminal to be built at Helsinki Airport. The construction work of the new 35,000 m2 terminal will start in March 2015. The capacity of the new terminal has been planned according to the increasing cargo capacity offered by the Airbus
Waypoint Leasing, the independent global helicopter leasing company, has closed on a five year US$85m term loan facility led by Deutsche Bank AG. The company will use the proceeds to support its customers through the provision of further liquidity into the global helicopter market. This financing brings Waypoint’s total debt commitments to more than US$1.2bn
Finnair Board of Directors has approved an investment program for bringing Wi-Fi connectivity to the majority of Finnair’s wide-body and narrow-body fleet. The total value of the investment is approximately €30m. “This investment will enable us to offer a wide array of new services to our customers, ranging from inflight entertainment to inflight sales and
RUAG can look back on a strong financial year. Net profit in 2014 grew 7.5% to CHF 102m. Earnings before interest and taxes (EBIT) were equal to the previous year’s at CHF 115m. All five divisions operated profitably and contributed to the positive Group result. The largest EBIT gains occurred at the Space (+ CHF
