Boeing agrees to acquire Vought share of Global Aeronautica

Boeing has agreed to acquire Vought Aircraft Industries’ interest in Global Aeronautica, LLC, a South Carolina fuselage sub-assembly facility for Boeing’s newest airplane, the 787 Dreamliner. After the transaction is complete, Global Aeronautica will become a 50-50 joint venture between The Boeing Company and Alenia North America, a subsidiary of Italy’s Alenia Aeronautica — a […]

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Sukhoi Civil Aircraft Company selects Pacelab Cabin

Sukhoi Civil Aircraft Company (SCAC) has purchased Pacelab Cabin to promote the sales of its Sukhoi Superjet 100 regional jet family. The cabin configuration tool by software provider PACE enables cabin engineers to rapidly create validated and optimized layout alternatives for what-if scenarios or competitive analysis. Pacelab Cabin will be used by SCAC’s Customer Engineering

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BA Willi Walsh apologizes for chaotic first day at terminal 5

BA released following statement from CEO Willi Walsh: “Yesterday (March 27th) was definitely not British Airways’ finest hour. We disappointed many people and I apologize sincerely. I take responsibility for what happened. The buck stops with me. A number of issues led to the events we saw yesterday. There were problems in the car parks,

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Willis Lease Finance reports record earnings per share of $1.66 in 2007

Willis Lease Finance Corporation, a leading lessor of commercial jet engines, reported that strong demand for leased engines and high utilization of its growing engine portfolio contributed to 24% lease rent revenue growth and record earnings per share in 2007 on total revenues of $121.9 million, a 15% increase over the prior year. Willis Lease

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New airline OpenSkies makes progress toward launch this summer

As the Open Skies agreement goes into effect on March 30th, OpenSkies, a new transatlantic airline from British Airways, continues to make progress toward launch this summer. OpenSkies is the first new airline created as a result of the Open Skies agreement, which allows airlines to fly between any U.S. and E.U. destination. OpenSkies plans

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