HEICO Corporation reported that its Flight Support Group completed the acquisition of 80% of the equity of Aeroworks International. Financial terms were not disclosed, but HEICO stated that it expects the acquisition to be accretive to its earnings within the first year after the closing. Aeroworks is a manufacturer of both composite and metal parts
Pratt & Whitney and Kawasaki Heavy Industries met to commemorate the signing of a risk and revenue-sharing collaboration agreement for KHI to provide key hardware modules for Pratt & Whitney’s PurePower Geared Turbofan (GTF) engines. Pratt & Whitney currently has 10 worldwide GTF collaboration partners, many of which work across multiple GTF engine variants to
Summit Air announced the purchase of a second AVRO RJ85 jet to meet market demand for remote destination crew movements and ACMI (aircraft, crew maintenance and insurance) contracts. Summit Air is part of the Ledcor Group of Companies and operates a fleet of helicopters and fixed wing aircraft throughout Alberta, British Columbia, Northwest and Yukon
The strategy for the new Alitalia was unveiled on January 20th, with an unequivocal commitment by the new executive team and strategic investors to reinvent the airline. Alitalia will introduce new routes, new product and service standards, a new cost management strategy and new branding, as the foundations to build a premium global airline representing
EMRISE CORPORATION, a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, has received an US$8.4m production order for electronic device subsystems for In-Flight Entertainment and Connectivity (IFE&C) systems to be installed in commercial aircraft. The production order, which is for an existing, established product, is expected to begin shipping in the fourth
Monarch Aircraft Engineering released that its 110,000 ft² state-of-the-art aircraft maintenance facility at Birmingham Airport is now Boeing GoldCare approved after completing its supplier audit. This latest achievement means that all Monarch Aircraft Engineering base maintenance facilities in the UK (Birmingham, Manchester and Luton) are Boeing GoldCare approved along with its line maintenance facility at
At La Guardia Airport, New York, a US FAA inspector was arrested after a firearm was alleged to have been found in one of his bags at a TSA checkpoint, as was revealed by ABC news on Saturday. It would appear the Atlanta-based inspector used a Security Identification Display Area badge allowing him to bypass
PAS Technologies announced that the company has successfully completed the sale of its Cork, Ireland operation to Knox Capital Holdings (“Knox Capital”). The acquisition by Knox Capital, along with a majority recapitalization of TRS Services has resulted in the formation of a new company known as TRS Global. David Theis, former Senior Vice President of
In time for the launch of commercial flight operations of the Airbus A350 to Frankfurt, Lufthansa Technik has received approval of the European airworthiness authority EASA (European Aviation Safety Agency) as Maintenance Organization for the new aircraft type (Part 145 approval). The maintenance, repair and overhaul (MRO) provider offers now routine maintenance services in Frankfurt.
Fokker signed an agreement on January 14th, for the delivery of wing components (Flaperons & Outboard Leading Edge Flaps) on the next batches of Lockheed Martin’s F-35 Lightning II Joint Strike Fighter. Under this agreement, Fokker will be responsible for the manufacturing of the Flaperons & OLEF for the next batches of F-35 aircraft in
