Company News - Page 1

ST Engineering wins aircraft maintenance contracts
Friday, October 21, 2011 ST Engineering's aerospace unit has secured new maintenance contracts worth $453m in the third quarter of...

United Technologies reports Q3 profit
Friday, October 21, 2011 United Technologies has reported a profit of $1.3bn during the third quarter of 2011, up by 11% over the corresponding period in 2010, boosted by orders from its aerospace and building...

Embraer delivers first E190 Jet to Alitalia
Monday, September 26, 2011 Embraer has delivered the first Embraer 190 jet to Italian airline Alitalia as part of a 20-jet...

United Technologies to buy Goodrich for $16.5bn
Friday, September 23, 2011 United Technologies has agreed to acquire aerospace manufacturer Goodrich in a deal valued at...

Yemen Airways Receives Airbus A320
Tuesday, May 03, 2011 Yemenia, the official carrier of Yemen, has taken delivery of its first Airbus aircraft as part of its plan to replace its entire fleet of single-aisle aircraft with the A320 family, and make...

ILFC to Purchase A320neo Aircraft from Airbus
Tuesday, May 03, 2011 International Lease Finance Corporation (ILFC) has finalised an order for the purchase of 100 A320neo family aircraft from Airbus. ILFC chief executive Henri Courpron said that the order...

Goodrich Reports Growth in Q1 2011
Wednesday, April 27, 2011 Goodrich has reported a net income of $195m for Q1 of 2011, compared with the profit of $111m it reported during the first quarter of 2010. The firm's 2011 first quarter sales grew 12% to...

Bombardier and China's ICBC Sign Financing Cooperation MoU
Wednesday, March 09, 2011 Bombardier Aerospace has signed a memorandum of understanding (MoU) with ICBC Financial Leasing to provide its customers with advance payment financing, delivery financing and leasing...

Airbus Forecasts Asia-Pacific Aircraft Demand
Wednesday, March 09, 2011 Airbus has forecasted orders for 8,560 new aircraft, worth $1.2tn, from Asia-Pacific airlines over the next 20 years. The region's requirement represents 33% of new aircraft deliveries...

Goodrich Completes Boeing 787 Electric Braking System Tests
Tuesday, March 08, 2011 Goodrich Corporation has completed all flight tests of the electric brake system for Boeing 787 Dreamliner. The braking system includes DuraCarb carbon heat sink material, which provides...

AVIC to Acquire Cirrus Industries
Monday, March 07, 2011 China Aviation Industry Corporation (AVIC) is to acquire Minnesota-based aircraft manufacturer Cirrus Industries for an undisclosed amount. The deal will provide AVIC access to...

TRIP Linhas to Purchase New Embraer 190 Jets
Friday, March 04, 2011 Embraer has signed a new contract worth $172m with TRIP Linhas Aéreas for the sale of four Embraer 190 jets. The Embraer 190 jets will be configured in a single 110-seat class as per...

TAM Orders Boeing 777-300 Aircraft
Friday, March 04, 2011 TAM Linhas Aereas has ordered two additional Boeing 777-300ERs (extended range) with two purchase rights, bringing the total number of 777s on order to 12. The $568m order will help expand...

Airbus Opens A350 XWB Component Manufacturing Facility in China
Thursday, March 03, 2011 Airbus has opened the Harbin Hafei Airbus Composite Manufacturing Centre in Harbin, China, to manufacture composite parts for the A350 XWB. The 33,800m² manufacturing centre will...

ATR to Supply Aircraft to Indonesia's Lion Air
Monday, February 28, 2011 ATR, jointly owned by EADS and Finmeccanica, has signed a deal with Indonesian Lion Air to supply 15 ATR-72500s, French Economy Minister Christine Lagarde has said. A Lion Air spokesman said...

EU Approves Swedish Aid to Volvo Aero
Monday, February 28, 2011 The European Union (EU) has approved Skr120m ($16.5m) in aid granted by the Swedish Government to Volvo Aero Corporation for the development of an engine component. The grant will be used for...

Lufthansa, Airbus Discuss $2.5bn Jet Deal
Friday, February 25, 2011 Lufthansa and Airbus are in negotiations for a $2.5bn jet order of 30 single-aisle A320s with new engines, which may be concluded within the next month. If the order is finalised, it will...

Boeing Opens Commercial Satellite Services Group
Friday, February 25, 2011 Boeing has established a Commercial Satellite Services group to sell commercial satellite telecommunications services to the US Government and other satellite users. The group, headquartered...

Airbus Plans to Increase Plane Orders in Japan
Thursday, February 24, 2011 Airbus Japan CEO Stephane Ginoux has said the company is aiming to capture 20% of Japan's passenger jet market within five years through new orders, up from the current 10%. The company is...

Embraer Opens First Aircraft Final-Assembly Plant in US
Thursday, February 24, 2011 Embraer has opened its first aircraft final-assembly plant in Florida in preparation for beginning large-scale manufacture of its Phenom executive jet series in the US. The new 743m²...