Company News - Page 2
Stay up to date with the latest Company News updates from the global aerospace industryLufthansa, Airbus Discuss $2.5bn Jet Deal
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...
Embraer Opens First Aircraft Final-Assembly Plant in US
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...
Airbus Plans to Increase Plane Orders in Japan
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...
Indian Government Stalls Air India Express Aircraft Lease Plan
The Indian aviation ministry has put Air India Express' plan to take on wet lease of four aircraft on hold until it reviews the decision of the country's low-cost carrier board. The ministry...
Jacobs to Provide Test Evaluation and Support Services to Nasa
Jacobs Technology has been selected by Nasa to provide test evaluation and support services at the agency's White Sands test facility in Las Cruces, New Mexico, US. The test evaluation and...
Skymark Airlines Orders Four Airbus A380s
Skymark Airlines, a Japanese airline, has signed a contract with Airbus for four A380 aircraft, fixing a memorandum of understanding that was announced last year. Skymark Airlines...
Qantas to Boost Aircraft Fleet by 2013
Qantas Group has plans to buy ten new planes, and lease 18 aircraft by the end of 2013 in a move to boost its domestic, resources charter and international fleets, Qantas chief executive...
Indian Government Scraps Antrix Deal with Devas
The Indian Government has cancelled a deal between Devas Multimedia and the Indian Space Research Organisation's (ISRO) commercial arm Antrix following allegations that Devas would get...
UPS to Extend AHM Coverage to Boeing's MD-11 Fleet
UPS will extend its airplane health management (AHM) information-driven system designed for Boeing aircraft to the MD-11 Freighter fleet to increase on-time performance. As per the...
Jat Airways Seeks New Aircraft
Jat Airways needs a new aircraft by 1 January 2012 to create a more ambitious timetable and to remain in competition, the airline's flight operations department head Vladimir Banjac has...
A&F Aviation to Start Low-Cost Services
New Japanese airline A&F Aviation has selected Airbus A320 aircraft to start low-cost services from Kansai International Airport, Japan, in the second half of 2011. A&F Aviation...
NOAA Seeks Funding for Joint Polar Satellite System
The National Oceanic and Atmospheric Administration (NOAA) has released its fiscal 2012 budget request to US Congress, seeking $1.07bn for funding the Joint Polar Satellite System (JPSS). ...
AirAsia Delays Delivery Schedule of Airbus A320
AirAsia has delayed the delivery schedule of ten Airbus A320 aircraft from its original schedule in 2012 to 2015. The airline has delayed the delivery to switch its order to the...
easyJet Tests Nano-Technology Coating
easyJet has become the first commercial airline to trial a nano-technology coating to see if it can reduce drag and increase fuel efficiency. The ultra-thin coating is a polymer that...
Boeing Unveils New 747-8 Intercontinental Passenger Airplane
Boeing has unveiled its new high-capacity passenger aircraft, the 747-8 Intercontinental, in Everett, Washington, US. The new 747-8 Intercontinental features the latest...
Emirates Selects Rolls-Royce for TotalCare Contract
Rolls-Royce has been awarded a $2.2bn TotalCare long-term services contract by Emirates, which covers Trent engines for 70 Airbus A350XWB aircraft. Emirates president Tim Clark said...
Indian State Receives Aerospace Investment
Nine Indian firms have submitted investment proposals worth $94.2m to the Karnataka Government to set up manufacturing units in the aerospace / aviation sector. Among them, Mahindra...
HAL Plans IPO
Hindustan Aeronautics (HAL) is holding discussions with India's Ministry of Defence to hold an initial public offering (IPO) in its effort to increase corporate governance. HAL Finance...
Bombardier Aerospace Awards Contract to Héroux-Devtek
Héroux-Devtek received a C$175.97m (US$176m) contract from Bombardier Aerospace to manufacture structural detail components that encompass Bombardier's entire portfolio of commercial...
International Group to Assemble Helicopters in China
International Group has signed an agreement with Eurocopter to begin assembling helicopters at one of its manufacturing plants in Changshu, Jiangsu Province, China. Under the...