Astronics Corporation, a leading provider of advanced technologies for the global aerospace and defense industries, has entered into a definitive agreement to acquire substantially all of the assets and liabilities of EADS North America’s Test and Services division (EADS T&S) for approximately $53m in cash plus a net working capital adjustment. The agreement is expected
Rockwell Collins reported first quarter fiscal year 2014 earnings per share of $0.96, an increase of 2% from earnings per share of $0.94 in the first quarter of fiscal year 2013. Total sales for the first quarter of 2014 were $1.07bn, an increase of 1% from $1.06bn for the same period in 2013. As previously
Delta’s net income for the December 2013 quarter was $558m excluding special items. Delta’s net income for 2013 was $2.7 bn, a $1.1bn increase over 2012. Delta’s GAAP net income was $8.5bn for the December 2013 quarter and $10.5bn for 2013. These results include an $8.0bn non-cash gain associated with the reversal of the company’s
Aeronautical Engineers (AEI) has delivered the third 737 classic freighter to Sideral Air Cargo based in Brazil. The aircraft is a high gross weight B737-400SF (MSN 24808) built in 1990 and was converted at Commercial Jet’s Miami facility, which is one of five authorized AEI Conversion Centers worldwide. Sideral Air Cargo’s fleet now consists of
GE Capital Aviation Services (GECAS) announced an order for 40 737s. The order, with a list-price value of approximately $3.9bn, consists of 20 737 MAX 8s and 20 Next-Generation 737-800s. The follow-on order increases the GECAS order book for the 737 MAX to 95 airplanes and the 737NG to 387 airplanes.
ATK, an aerospace, defense and commercial products company, was selected by Boeing for a contract, beginning immediately, to produce substructural composite components for the Boeing 787 Dreamliner. ATK composite structures can be found on the Boeing 767 and 757 airplanes, C-17 Globemaster, F-18 fighter, V-22 Osprey, Boeing 702 and GPS II-F satellites, and Delta II
Bombardier Aerospace released that it delivered 238 aircraft during 2013 (180 business jets, compared to 179 in 2012 and 55 commercial aircraft, compared to 50 for the previous calendar year). The company also received orders for 388 aircraft, net of cancellations, compared to 481 orders, net of cancellations, for the previous year. Bombardier delivered 180
Boeing, Etihad Airways, Takreer, Total and the Masdar Institute of Science and Technology will collaborate on a new initiative to support a sustainable aviation biofuel industry in the United Arab Emirates. BIOjet Abu Dhabi: Flight Path to Sustainability will engage a broad range of stakeholders to develop a comprehensive framework for a U.A.E. biofuel supply
Volga-Dnepr Technics GmbH (VDT), the Leipzig-based maintenance company, has expanded its current scope of activities on Western-built aircraft. The renewed scope of its EASA Part 145 certificate now enables VDT to extend A-check services on Boeing 737-300/-400/-500 and 747-8F and 747-400 (PW-4000) aircraft. The company’s Rating C14 has also been expanded to cover wheel and
ATR announced the set-up of the very first ATR ‘-600 series’ Flight Simulator in Latin America. The Full Flight Simulator (FFS) is located at the training facilities of the Colombian carrier Avianca, in Bogota, and has recently obtained certification from both Europe’s EASA (European Aviation Safety Agency) and Colombia’s UAEAC (Civil Aviation Special Administrative Unit).
