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Sagem and MTU Aero Engines create new joint venture

Sagem (Safran group) and MTU Aero Engines announced the signature of an agreement to form a 50/50 joint venture, AES Aerospace Embedded Solutions GmbH to provide safety-critical software and hardware for military and civil aviation applications. This signature follows the Memorandum of Agreement announced in December 2011 by Sagem and MTU Aero Engines. AES will

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Jet Aviation Teterboro named authorized Honeywell avionics dealer

Jet Aviation’s Teterboro operation has been named an official Honeywell avionics dealer, enhancing the level of avionics support available for transient and Teterboro-based operators. Now offering more avionics services at its Teterboro operation, Jet Aviation has been named a Honeywell avionics dealer giving it the full authority to provide repairs, installations and warranty support. Last

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GKN acquires Volvo Aero for £633m

GKN reported its agreement to acquire Volvo Aero (the aero engine division of AB Volvo). Volvo Aero designs, engineers and manufactures components and sub-assemblies for aircraft engine turbines. It supplies all the major aero engine manufacturers and has positions on most major civil aerospace platforms that are set to increase as aircraft build rates ramp

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Nexcelle successfully tests thrust reverser for next-generation Integrated Propulsion Systems

Nexcelle, the nacelle systems joint venture of GE’s Middle River Aircraft Systems and the Safran group’s Aircelle, has completed a successful test program for the advanced thrust reverser element of its next-generation Integrated Propulsion System (IPS) technology. The thrust reverser was validated with Nexcelle’s new nacelle demonstrator, called PANACHE (Pylon And Nacelle Advanced Configuration for

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Wesco Aircraft Holdings closes acquisition of Interfast

Wesco Aircraft Holdings, a leading provider of comprehensive supply chain management services to the global aerospace industry, completed the acquisition of substantially all of the assets of Interfast Inc. on July 3, 2012 pursuant to the definitive agreement announced on May 24, 2012. The CDN$134m acquisition was funded via a combination of cash and borrowings

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Virgin Australia orders 23 Boeing 737 MAX aircraft

Virgin Australia announced an agreement with Boeing to order 23 Boeing 737 MAX 8 aircraft, the first in Australia. The fuel-efficient aircraft will join Virgin Australia’s fleet between 2019 and 2021. The agreement includes four additional delivery options, ensuring flexibility to respond to market conditions. To align with its current capacity plan for the next

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