Boeing completes CF-18 Hornet modernization project for Canada

The Boeing Company delivered the 79th — and final — upgraded CF-18 Hornet aircraft to the Canadian Department of National Defence during a ceremony in Mirabel, Quebec, hosted by industry partner L-3 Communications MAS, who performed final upgrade installations. The delivery brings the nine-year, two-phased CF-18 Modernization Project to a close.

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DVB Bank, Mitsubishi Corporation (UK) and ELF enter into new engine leasing venture

DVB Bank, Mitsubishi Corporation (UK) and Engine Lease Finance have formed a joint venture company, Deucalion MC Engine Leasing Limited, incorporated in Ireland, for the purpose of investing in commercial aircraft engines subject to leases with airlines worldwide. The joint venture company has completed its first portfolio acquisition, consisting of seven commercial aero engines which

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Valair Aviation earns ISO 9001 certification

Valair Aviation, an AGC Aerospace & Defense Company, was awarded certification for the International Organization of Standards (ISO) 9001:2008. The ISO 9001 certification is awarded to those companies which meet global requirements set out to assure a systematic quality management system. By achieving ISO certification Valair Aviation has proven its maintenance, repair, and overhaul efficiencies

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Israel Aerospace Industries reports 2009 net profit of $61 million

Israel Aerospace Industries reported that sales reached $2.9 billion in 2009, compared to $3.6 billion in 2008. The decrease is a result of the worldwide economic crisis, which affected the company’s commercial aviation activity. Sales in the fourth quarter of 2009 reached $761 million, compared to $803 million in the same quarter of 2008. Net

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