Fly-by-Wire Technology driving advancements in rotary wing flight

August 15, 2013

UTC Aerospace Systems is working with Sikorsky Aircraft to drive advancements in rotorcraft technology as part of Sikorsky’s self-funded Matrix Technology autonomy research and development program. With Matrix Technology, Sikorsky aims to significantly improve the capability, safety and reliability of vertical take-off and landing aircraft. Sikorsky announced this week the first flight of an S-76

Chromalloy signs new agreements with Honeywell

August 15, 2013

Chromalloy announced a Repair License Agreement as well as a Supplier Agreement with Honeywell. The 10-year agreements cover aircraft engine components and engineering services for parts, and special coating processes. The Supplier Agreement and Repair License Agreement commenced on August 12th, 2013 and cover a full range of Honeywell systems that power commercial, cargo, military

BAE Systems Regional Aircraft renews spares support contract with Sky Express of Greece

August 15, 2013

BAE Systems Regional Aircraft has won a three-year extension to its existing MACRO rate-per-flying-hour spares support contract with Greek regional airline Sky Express. Sky Express first enrolled on to the MACRO (Material and Components Repair and Overhaul) programme in June 2008 and this new extension will see the airline enjoy the benefits of this service

B/E Aerospace agrees to acquire Blue Dot Energy services

August 14, 2013

B/E Aerospace (BEAV), has initiated an expansion of its Consumables Management (CM) Segment into the oil and gas services industry via the acquisition of Blue Dot Energy Services, a provider of parts distribution, rental equipment, and on-site services. The acquisition purchase price including expenses is approximately $75m. The transaction is expected to close by the

ST Engineering reports higher EBIT compared to 2Q2012

August 14, 2013

The Group posted quarterly revenue of $1.59bn, compared with the prior year revenue of $1.57bn for the same period. Revenues for the Group’s Aerospace, Electronics and Land Systems sectors at $506m, $354m and $392m respectively were comparable to 2Q2012. EBIT totalled $177.7m, an increase of 7% from $165.9m a year earlier. Group profit before tax

Embraer Executive Jets introduces new features for Phenom 100

August 14, 2013

Embraer Executive Jets now offers new standard and optional features for its Phenom 100, revealed at the 10th annual Latin American Business Aviation Conference and Exhibition (LABACE) on August 13th. The new features include multi-function spoilers, 11 new interior collections and new options including a refreshment center, stowage space and premium seats. The multi-function spoiler

GECAS completes delivery of five leased Airbus A320s to Saudi Arabia’s nasair

August 14, 2013

GE Capital Aviation Services (GECAS) announced delivery of five leased Airbus A320s to National Air Services Company (NAS Holding) to expand its nasair airline’s fleet. nasair operates a fleet of 22 aircraft to 24 domestic and international destinations.

IAI reports results for the second quarter of 2013

August 14, 2013

Israel Aerospace Industries announced on August 7th the release of its consolidated financial statements, as of June 30th, 2013. Revenues amounted to US$896m in the second quarter, up 11% compared to the corresponding quarter. Exports accounted for 76% of revenues, compared with 78% in the corresponding quarter. Revenues in the military market accounted for 75%

Finnair aims for clear productivity improvement as part of €60m savings program

August 14, 2013

Finnair seeks clear savings in personnel costs as part of its €60m savings program announced on October 26, 2012. The company has further defined its plans as it prepares to discuss collective labour agreements with its flying personnel, customer service personnel, cargo personnel and technical personnel in the autumn. Especially in connection with the collective

NAC delivered two ATR 72-500 to Air Alsie Express

August 13, 2013

Nordic Aviation Capital confirmed that it has sold two ATR 72-500, MSN 799 & MSN 818 to Air Alsie Express. Nordic Aviation Capital A/S is a global aircraft leasing company dedicated to the worldwide sale, purchasing and financing of commercial jet and turboprop aircraft.

Top Stories

Fly-by-Wire Technology driving advancements in rotary wing flight

Chromalloy signs new agreements with Honeywell

BAE Systems Regional Aircraft renews spares support contract with Sky Express of Greece

B/E Aerospace agrees to acquire Blue Dot Energy services

ST Engineering reports higher EBIT compared to 2Q2012

Embraer Executive Jets introduces new features for Phenom 100

GECAS completes delivery of five leased Airbus A320s to Saudi Arabia’s nasair

IAI reports results for the second quarter of 2013

Finnair aims for clear productivity improvement as part of €60m savings program

NAC delivered two ATR 72-500 to Air Alsie Express

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