Industry
13,159 news found
IndustryInternational Air Charter announced expansion plan for the Middle East region
Dubai, UAE - The company scouts for GSA partners in Kuwait, Bahrain, Qatar, Saudi Arabia and Lebanon
International Air Charter plc (IAC), one of the world’s largest independent aircraft charter brokers, has announced that it intends to expand operations by forging new GSA (General Sales Agent) partnerships i... more
IndustryDynamic Gunver Technologies awarded of a over 20 USDm contract
Washington, Usa - For the F100/200/220 engine
Dynamic Gunver Technologies, LLC, Manchester, Conn., is being awarded a $20,268,206 firm fixed price contract for the purchase of Divergent Segments in support of the F100/200/220 engine. This includes... more
IndustryMcDonnell Douglas Corp. awarded of a over 8 USDm contract
Washington, Usa - For the F/A-18 and AV-8B aircraft
McDonnell Douglas Corp., a wholly owned subsidiary of The Boeing Co., St. Louis, Mo., is being awarded an $8,775,000 ceiling-priced modification to a previously awarded indefinite-delivery, indefinite-quantity... more
IndustryFinmeccanica (2): key figures
Rome, Italy - Value of production at March 31, 2005 was EUR 2,159 million
"Key figures Value of production at March 31, 2005 was EUR 2,159 million, compared to EUR 2,000 million in the same period last year. EBITDA rose by EUR 37 million, from EUR 97 million in 1Q04 to EUR... more
IndustryFinmeccanica (4). Results by sector of activity: Alenia Aeronautica, Aermacchi
Rome, Italy - Value of production: EUR 355 million (-4%); EBITA: EUR 8 million (n.s)
"Results by sector of activity Alenia Aeronautica was selected by the Turkish Government in 1Q05 to supply the Turkish navy with 10 ATR-72 ASW aircraft. In addition, Aermacchi signed a Memorandum of Understanding... more
IndustryFinmeccanica (6). results by sector of activity: Alenia Spazio, Telespazio
Rome, Italy - Value of production: EUR 174 million (+5%); EBITA: EUR 10 million (+150%)
"The commercial space market has recently shown signs of recovery. Growth is expected to be strongest in broadband systems and in services, while institutional demand in the European space industry is... more
IndustryFinmeccanica (7). Results by sector of activity: Galileo Avionica, Selenia Communications, OTE, AMS, Sistemi Navali Internazionali
Rome, Italy - Value of production: EUR 440 million (+4%); EBITA: EUR 20 million (-5%)
"Defence and Security Electronics are today the main business segment of Aerospace and Defence, absorbing around 20% of global demand in the industry (valued at about EUR 300 billion) with an annual growth... more
IndustryFinmeccanica (8). Results by sector of activity: Elsag
Rome, Italy - Value of production: EUR 82 million (-4%); EBITA: EUR (1) million (n.s)
"The sector includes Elsag and its subsidiaries. In 1Q05 the company launched a programme to bring Elsag’s business more into line with the core activities of the Finmeccanica group. This initiative r... more
IndustryFinmeccanica (5). Results by sector of activity: AgustaWestland
Rome, Italy - Value of production: EUR 527 million (-1%); EBITA: EUR 34 million (+31%)
"Through its subsidiary AgustaWestland, Finmeccanica is a global leader in the helicopter business with a market share of about 25%. In 1Q05, AgustaWestland scored several business successes, including... more
IndustryFinmeccanica (9). Results by sector of activity: Oto Melara, Wass, Mbda
Rome, Italy - Value of production: EUR 198 million (-24%); EBITA: EUR 5 million (-44%)
"Finmeccanica’s Defence Systems sector includes MBDA, a joint-venture with BAE Systems and EADS, in which Finmeccanica holds a 25% stake, and the activities of OTO Melara in land, naval and airborne s... more
IndustryFinmeccanica (3): first-quarter highlights and significant events after the end of the quarter
Rome, Italy - Outlook
"First-quarter highlights and significant events after the end of the quarter On January 27, 2005, Finmeccanica and BAE Systems signed the final agreement under which Finmeccanica will buy BAE’s UK-based d... more
IndustryEmbraer announced seven "Supplier of The Year Awards"
São José dos Campos, Brazil - For the superior quality and performance of their products and services
Embraer announced the winners of the Supplier of The Year Awards, which is divided into seven categories, in a ceremony held last Wednesday, in conjunction with the Embraer Partners & Suppliers Conference... more
IndustryForgeard: "No crisis between France and Germany on the new Airbus CEO"
Toulouse, France - The current company's CEO made clear also about the proposal for the concentration of more tasks performed by himself
Airbus CEO, Noel Forgeard, expressed his own view recently about the debates between France and Germany on the destiny of ther lead of the company owned by EADS aerospace and defence holding. According... more
IndustryBoeing e Ryanair completed agreement for B-737/800s
Seattle, Usa - For 70 airplanes with a worth of USD 4.6 bn
Boeing and Ryanair, a leading European low-cost airline, completed the airline’s previously announced order for 70 Boeing 737-800 airplanes, worth US$ 4.6 billion at list prices, plus options for up t... more
IndustryEmbraer: two EMB-190 options converted into firm orders by Copa Airlines
São José dos Campos, Brazil - It will have six aircraft by 2006
Copa Airlines has converted two EMBRAER 190 options into firm orders, adding to the original order of ten EMBRAER 190s announced in October 2004. All of Copa’s EMBRAER 190s will be Advanced Range (AR) v... more
IndustryBoeing celebrated one year serving world's airlines and passengers
Washington, Usa - By B-777/300ER
The Boeing 777-300ER (Extended Range) passenger airplane last Wednesday marked one year in revenue service, during which it reinforced the 777’s unsurpassed record of reliability and efficiency. The t... more
IndustryEmbraer Aircraft Maintenance Services awarded Diamond Certificate of Excellence
São José dos Campos, Brazil - Certificate presented at the 39th Tennessee Midsouth Aviation Maintenance Conference
Recognized for nearly 2400 training hours completed by its maintenance team in 2004, Embraer Aircraft Maintenance Services Inc. (EAMS), located in Nashville, was awarded the Federal Aviation Administration... more
IndustryEmbraer: Lot Polish Airlines converted four EMB-170 options into firm orders for EMB-175 jets
Paris, France - They will be configured for 82 passengers
Embraer announced yesterday that LOT Polish Airlines has converted four EMBRAER 170 options from their original contract into four firm orders for EMBRAER 175 aircraft. Deliveries are scheduled to start... more
IndustryEADS (2): interest for Thales is increasing
Amsterdam, Holland - Nevertheless, Germany does not intend to favour the growth of its French partner within the holding
The Arnaud Lagardere’s re-election as Co-Chairman of the EADS group and recent statements regarding the great interest expressed by the aerospace holding for Thales, certainly contributed to the growth o... more
IndustryEADS: new CEOs to be formally appointed on next June 1st
Amsterdam, Holland - While waiting for an agreement on the new Airbus Chief Executive Office
The meeting of the European aerospace and defence group leading EADS Board of Directors held yesterday ended with the decision considered by its members to postpone till next June 1st the formal appointment... more
IndustryService Oil and Gas Inc. awarded of a over 5 USDm contract
Washington, Usa - For Jet fuel
Service Oil and Gas Inc., Glennallen, Alaska, is being awarded a $5,274,719 fixed price with economic price adjustment contract for the Army, Air Force and Federal Civilian Agencies for Diesel and Jet... more
IndustryThe Purdy Corp. awarded of a over 7 USDm contract
Washington, Usa - For the UH-60 Blackhawk helicopters
The Purdy Corp.*, Manchester, Conn., was awarded on May 5, 2005, a delivery order amount of $7,294,530 as part of a $41,621,730 firm-fixed-price contract for Control Swashplates for the UH-60 Blackhawk... more
IndustryA new CEO for Airbus: searching for a compromise
Amsterdam, Holland - Noel Forgeard could extend his appointment while waiting for a French-German deal on his successor
Relations between France and Germany regarding the future of Airbus are still fraught and the meeting of the European aerospace and defence group EADS Board is scheduled to be held today as it owns a 80%... more
IndustryBoeing: Gecas confirmed order for six B-737/700 jetliners
Seattle, Usa - Gecas to lease airplanes to Sky Europe
The Boeing Company and GE Commercial Aviation Services (GECAS), revealed yesterday a definitive agreement for the purchase of six Boeing Next-Generation 737-700s valued at approximately USD 330 million... more
IndustryThe Boeing Co. awarded of a near 26 USDm contract
Washington, Usa - For the CH-47 helicopters
The Boeing Co., Ridley Park, Pa., was awarded on April 29, 2005, a $25,905,578 modification to a firm-price-price and cost-plus-fixed-fee contract for Cut In Common Avionics Architecture System and Digital... more
IndustryThe Boeing Co. awarded of a over 186 USDm contract
Washington, Usa - For the CH-47F helicopters
The Boeing Co., Ridley Park, Pa., was awarded on April 29, 2005, an $186,225,617 firm-price-incentive-fee contract for CH-47F Remanufactured Helicopters. Work will be performed in Ridley Park, Pa., and... more
IndustryLockheed Martin Corp. awarded of a over 5 USDm contract
Washington, Usa - For the F-16 and F-15 aircraft
Lockheed Martin Corp., Orlando, Fla., is being awarded a $5,142,825 firm fixed price, indefinite delivery/indefinite quantity contract to provide for long lead Items for depot Phase II support of advanced... more
IndustryEADS grew in the first quarter 2005
Amsterdam, Holland - Around EUR 7bn revenues and a 16% increase compared to 2004
European aerospace and defence group, EADS, unveiled data related to the performance accounted during the first quarter 2005. The holding’s board found a remarkable improvement compared to the same period l... more
IndustrySmiths Aerospace Components-Manchester awarded of a over 7 USDm contract
Washington, Usa - For the F-15/F-16 aircraft
Smiths Aerospace Components-Manchester, Manchester, Conn., is being awarded a $7,514,805 firm fixed price contract to provide for replenishment spare parts, aircraft air seal, 9573 each, applicable to... more
IndustryTEK Precision Co. Ltd. awarded of a over 5 USDm contract
Washington, Usa - For hardware for the Utility Blackhawk UH-60 system
TEK Precision Co. Ltd., Deer Park, N.Y., was awarded on May 4, 2005, a delivery order amount $5,301,420 as part of a $5,301,420 firm-fixed-price contract for hardware for the Utility Blackhawk UH-60 system.... more
IndustryNorthrop Grumman Systems Corp. awarded of a over 10 USDm contract
Washington, Usa - For the upgrade 10 E-2C Group II aircraft
Northrop Grumman Systems Corp., Bethpage, N.Y., is being awarded a $10,206,448 modification to a previously awarded firm-fixed-price contract (N00019-03-C-0044) to upgrade 10 E-2C Group II aircraft to... more
IndustryBell-Boeing Joint Program Office awarded of a 16 USDm contract
Washington, Usa - For the CV-22
Bell-Boeing Joint Program Office, Patuxent River, Md., is being awarded a $16,000,000 modification to a previously awarded cost-plus-award-fee contract (N00019-93-C-0006) to provide additional funds for... more
IndustryEmbraer reaffirmed commitment to business aviation market
São José dos Campos, Brazil - 49 Legacy currently fly in 12 countries
The Legacy marked Embraer’s introduction in the business aviation market, where it intends to establish itself as a strong player. The Legacy enjoys worldwide market acceptance with 49 units in service i... more
IndustryEADS: no double appointment for Forgeard
Amsterdam, Holland - The holding would not be willing to assign the double lead in Airbus and EADS
Aerospace and defence holding EADS Board would not be willing to accept the hypothesis of a double leading role for Noel Forgeard as both the Airbus CEO and EADS Co-CEO at the same time. Forgeard will... more
IndustryFinmeccanica aims to favour the promotion of the FREMM frigates in the international market
Rome, Italy - And it suggests together with Alcatel an agreement with EADS and Thales for the Galileo satellite programme
Finmeccanica analyses the situation regarding a series of programmes which are directly involving it, with reference in particular to defence, space and the civil activities. Concerning the new FREMM frigates,... more
IndustryEmbraer expanded its business jet portfolio
São José dos Campos, Brazil - Launching Very Light Jet and Light Jet
Embraer last Tuesday announced it is strengthening its position in the business aviation market with new products and services. The first move to expand its product portfolio is to complement the Legacy... more
IndustryPratt & Whitney Canada awarded two major contracts for Embraer's new Very Light Jet and Light Jet aircraft
Longueuil, Canada - With the selection of the PW-617F and the PW-535E engines
Pratt & Whitney Canada Corp. (P&WC) has secured two important wins in the very light jet and light jet markets with the selection of the PW-617F and the PW-535E engines for the new Embraer VLJ and LJ business... more
IndustryFrasca: Arizona State University gets CRJ FTD
Illinois, Usa - It will be used also by Mesa Airlines
Arizona State University (ASU), Mesa, Arizona has taken delivery of a Frasca Level 5 CRJ, regional jet Flight Training Device (FTD). The device features avionics typical of a CRJ 200, EFIS, Collins Proline... more
IndustryBoeing: modification work began on first Boeing 747-400 Special Freighter
Seattle, Usa - Cathay Pacific will receive its first converted freighter by the end of this year
A modification crew removed a large section of the aft left fuselage from the first 747-400 that’s being converted into a cargo freighter through Boeing’s 747-400 Special Freighter program. Crews will ins... more
IndustrySubsidies to aerospace industry: EU and the USA choose dialogue
Brussels, Belgium - Both sides have common interests and so they must work in order to find a common solution
European Union and the United States intend to carry on dialogue on subsidies to the aerospace industry. Both sides have in fact seized a chance to talk about this matter again recently, deciding that... more
IndustryA new CEO for Airbus: no decision from the EADS Board
Amsterdam, Holland - Due to clashes between French and German stakeholders
The meeting of the EADS Board occurred on last Friday in order to indicate the new Airbus CEO did not lead to any useful result (see for details AVIONEWS). French and German shareholders appeared absolutely... more
IndustryBoeing closed chapter in aviation history with final 757 delivery
Seattle, Usa - To Shanghai Airlines
Boeing last Wednesday concluded the remarkable 23-year run of the 757 passenger airplane by delivering the final one to Shanghai Airlines. The airplane is the 1,050 th Boeing 757. The 757 is one of seven... more
IndustryFinmeccanica (2): with Alcatel receive approval from the European Commission for the creation of the Alcatel Alenia Space and Telespazio
Rome, Italy - The Commission has in fact considered that both companies have strong competitive positions
"Alcatel (Paris: CGEP.PA and NYSE: ALA) and Finmeccanica are delighted with the decision of the European Commission which has given its approval for the creation of the two companies, Alcatel Alenia Space... more
IndustryLockheed Martin Logistics Management awarded of a over 9 USDm contract
Washington, Usa - For the EC-130J Super J aircraft
Lockheed Martin Logistics Management, Greenville, S.C., is being awarded a $9,423,564 firm fixed price contract modification to provide for 1 Lot production engineering for EC-130J Super J aircraft number... more
IndustrySubsidies to aerospace industry: new EU-USA negotiations in the forthcoming weeks
Brussels, Belgium - Another effort to try to settle the differences between the sides
European Union and the United States appear ready to carry on negotiations concerning subsidies to aerospace industry. both sides would be in fact trying to avoid a dispute in front of the WTO (World Trade... more
IndustryA new CEO for Airbus
Toulouse, France - EADS Board is likely to gather today to select him but the matter concerning French-German management balance still remains
EADS Board is likely to gather today in order to select the successor of Noel Forgeard as the new Chief Executive Officer of the European civil aviation leading company Airbus. EADS owns a 80% stake while... more
IndustryEmbraer and Musal aerospace museum inaugurated two new exhibits
São José dos Campos, Brazil - "Origins of Brazilian Aviation" and the "Embraer Room – Brazil at the Forefront of the Aeronautical Industry" opened to the public
Embraer and the Rio de Janeiro Aerospace Museum (MUSAL) inaugurated last Wednesday two new sections of the museum called "Origins of Brazilian Aviation" and the "Embraer Room – Brazil at the Forefront o... more
IndustryIs the 767 and 747 retirement convenient for Boeing?
Washington, USA - Doubts exist about the opportunity of encouraging their cashierment as there would still be many customers
Boeing’s situation in terms of revenue does not seem a convincing one according to some analysts as the strong Airbus’ competitiveness would appear to remarkably influence the US group’s performance in th... more
IndustryBoeing: results confirm outlook
Seattle, Usa - The industry reported in the first three months of the current year an operating cash of USD 1,4 bn
US industry Boeing announced the results of its operations effectuated in the first quarter 2005, citing an operating cash of USD 1,4 bn, after the industry contributed USD 455 million to pension. The... more
IndustryBoeing: Preston delivered ATC simulation system to Civil Aviation Department of Hong Kong
Melbourne, Australia - The contract was awarded in December 2003
Preston Aviation Solutions Pty Ltd, a subsidiary of The Boeing Company, has successfully delivered its Total Airspace and Airport Modeler (TAAM) to the Civil Aviation Department of Hong Kong, China (HKCAD).... more