GE has reached an agreement to acquire a 75% stake in Concept Laser GmbH for US$599m (€549m). The agreement allows for GE to take full ownership in a number of years. Privately-held Concept Laser has more than 200 employees and is headquartered in Lichtenfels, Germany, with significant operations in the United States (Grapevine, Texas), China, […]

SilverArrow Capital Group has acquired the majority share (51%) of PrivatAir, SA. PrivatAir is an international premium airline and leading business aviation group with headquarter in Geneva, Switzerland and operating offices in Duesseldorf, Germany and Lisbon, Portugal. PrivatAir operates a wide-range of aircrafts ranging from Boeing B767, B757, BBJs to Airbus A319 and business jets

Airbus Group reported nine-month 2016 results which reflect the ongoing ramp-up and transition from current to new aircraft models (NEO). Group order intake in the first nine months of 2016 was €73.2bn (9m 2015: €111.9bn), with the order book value totalling €986bn as of 30 September 2016 (year-end 2015: €1,006bn). Airbus received 380 net commercial