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The Brazilian aircraft manufacturer Embraer has established a four-year partnership with Volvo Aero Services, naming the company as an official distribution center for Embraer Original Equipment Manufacturer (OEM) aircraft parts. Based in Boca Raton, Florida, Volvo Aero Services will promote and sell spare parts as an Embraer outlet. The agreement covers materials deemed surplus by […]

Mercator

Lufthansa Tecknik was the major winner at the inaugural Aviation Industry Awards organized by UBM Aviation, winning three titles plus the Best All-round MRO Service Provider title. The winners were announced at a ceremony on the night of Tuesday 5 May, attended by more than 400 industry executives. A total of 24 companies were shortlisted

HEICO Corporation released that its Electronic Technologies Group has acquired 82.5% of VPT, Inc. (“VPT”). Financial terms were not disclosed. HEICO stated that it expects VPT to be accretive to its earnings per share during HEICO’s first year of ownership. VPT is a leading designer and provider of innovative power conversion products principally serving the

The International Bureau of Aviation (IBA), announces its new

In a move to unify their four divisions providing services to the aerospace industry, STS Holdings announced the company name will be changed to STS Aviation Group and all service divisions will carry the STS name. According to company President, Philip J. Anson, Jr.,

Boeing, Rolls-Royce, RUAG Aerospace and Deharde Maschinenbau have entered into a collaborative research agreement to explore the potential of fuel-efficient open-fan (open rotor) propulsion technology for future commercial airplanes. Using technologies and techniques contributed by each of the parties, tests of a model concept airplane with open-fan engines are planned for early in 2010 at

Sabre and Lufthansa have signed a new four year global agreement, providing agencies and corporations around the world with continued access to the airline

Quasar Aerospace Industries announced the signing of and execution of a binding agreement to acquire a manufacturing company that will provide production capability for the Quasar line of aircraft currently in development. For security reasons the name of the company will not be divulged until the acquisition is closed. The acquisition is to be made

Finnair has joined the Aviation Global Deal (AGD) Group, which proposes a global emissions trading deal. The goal of the AGD Group is to reduce emissions in aviation by means of a global sectoral agreement. The basic mechanism proposed by the AGD Group is a global sectoral agreement covering carbon dioxide emissions from all international