General Dynamics completes acquisition of Jet Aviation

General Dynamics completed its acquisition of Zurich, Switzerland-based Jet Aviation for CHF 2.45 billion (approximately $2.18 billion) from Dreamliner Lux S.a.r.l., a company controlled by the Permira Funds. The companies announced the plans for the acquisition in August. Jet Aviation will continue serving the entire aircraft manufacturing community and its global client base as a

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BOC Aviation orders 20 A320 family aircraft

BOC Aviation, the Singapore-based aircraft leasing unit of Bank of China, has placed additional firm orders with Airbus for 20 A320 Family aircraft. The announcement was made on November 4th at the Zhuhai Air Show in China. BOC Aviation, formerly known as Singapore Aircraft Leasing Enterprise (SALE), is the largest Asia-based aircraft leasing company. Altogether,

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Astronics awarded development and production contract

Astronics Corporation received a $1.2 million order from Boeing Integrated Defense Systems, a unit of The Boeing Company, to develop and produce an anti-collision light kit for the T-45 Goshawk Naval Training Aircraft. Development of the product is scheduled to be completed in January 2009 with product shipments to span a one-year period beginning in

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