AgustaWestland opened a new office in Seoul, Republic of Korea. The office will strengthen AgustaWestland’s position in the Far East by better serving existing Customers and promoting future business with military, government and commercial Customers. In the Republic of Korea AgustaWestland has experienced an expansion of its market presence with approximately 50 helicopters of various
Panasonic Avionics Corporation (Panasonic) has upgraded its broadband satellite network for its airline customers ahead of a rising increase in demand for its services in 2014. The network upgrade allows Panasonic to increase capacity in almost every geographic area for its Global Communications Services, which deliver on-board connectivity for passengers and crew. The 50% uplift
Ducommun Incorporated reported that its board of directors has unanimously elected Joel H. Benkie, currently executive vice president and chief operating officer, to the position of president, effective January 1, 2014. Mr. Benkie will retain the role of chief operating officer. As president, he will succeed Anthony J. Reardon, who will continue as chairman and
Atlasjet signed Landing Gear Maintenance Services agreement with Turkish Technic for two landing gear sets of A321 aircraft. Landing gear removal & installation, landing gear overhaul activities will be carried out at Turkish Technic’s Istanbul facilities. Turkish Technic will also support Atlasjet with its spare units during shop visits. Turkish Technic has been providing MRO
HEICO Corporation reported that net income increased 25% to $29.8m for the fourth quarter of fiscal 2013, up from $23.8m for the fourth quarter of fiscal 2012. For the fiscal year ended October 31, 2013, net income increased 20% to $102.4m up from $85.1m for the fiscal year ended October 31, 2012. Net sales increased
RUAG Aviation is establishing a new helicopter facility at Sion Airport in western Switzerland. Launching in early 2014, the facility will initially focus primarily on the maintenance, repair and overhaul of Sikorsky S-76 helicopters. Further helicopter types may subsequently be added to the portfolio. The full range of helicopter MRO services will be performed at
Boeing announced it will expand its flight and maintenance training capabilities in Russia with a new, state-of-the-art training campus. The new full-service training facility— set to open in 2015—will be located in the Skolkovo Innovation Center in Moscow. Boeing will work in cooperation with Industrial Investors Group and their subsidiary Transas on the project. Initial
AAR CORP. released that its 100% owned subsidiary, Telair International GmbH, has completed the acquisition of cargo loading system assets of Speyer, Germany based PFW Aerospace GmbH, which the company announced on December 2, 2013. The acquisition will enhance Telair’s market position as one of the leading suppliers globally of cargo loading and baggage handling
Finnair has signed a Memorandum of Understanding (MoU) with global aircraft leasing and financing company Novus (Novus Aviation Capital) on the sale and leaseback of two Airbus 330 aircraft. The value of the arrangement is approximately €110m. The financial arrangement is part of the long-haul fleet renewal program, in which the current Airbus 330 and
Intertrader, a Rockwell Collins company and premier provider of new and recertified aircraft components and engine parts, has selected Quantum Control MRO management software to manage their supply chain. Intertrade has global distribution centers in the US, London and Singapore with extensive inventory that covers multiple military and commercial equipment manufacturers, aircraft and engine platforms,
