Industry
13,154 news found
IndustryFINMECCANICA-GKN JOINT VENTURE (2)
WAPA-BRUSSELS-BELGIUM, After GKN and Finmeccanica informed EU Commission about the joint venture for the manufacturing and marketing of Agusta-Westland helicopters, an announcement on EU Official Gazette... more
IndustryPRATT&WHITNEY REDUCED HOURLY RATES
NEW ORLEANS, Pratt&Whitney announced it has reduced ESP, Eagle Service Plan, hourly rates for the PW306A, PW306C and PW308A engine models. The decision had immediate effect. more
IndustryTALKS BETWEEN ITALY AND GREAT BRITAIN FOR BILATERAL COOPERATION
LONDRA, Italian Defense undersecretary Minniti had talks with the british counterparts Elizabeth Symons and Lewis Mooneie about strategic programs and bilateral cooperation between the two countries. Among... more
IndustrySAAB PROFITS DECREASED
WAPA-STOCKOLM, SWEDEN, Saab, particularly operative with defense, reported a 16% decrease of profits in the last nine months. The company attributed the drop to the heavy costs to integrate previous acquisitions... more
IndustryLOCKHEED MARTIN JSF DEMONSTRATOR TO FLY TODAY
PALMDALE, CALIFORNIA, Lockheed Martin’s X-35A Joint Strike Fighter demonstrator aircraft will fly today after finishing speed taxi tests in the weekend. the plane will fly from Palmdale to Edwards AFB, C... more
IndustryPRATT & WHITNEY SIGNS CONTRACT WITH U.S. AIR FORCE
EASTH HARTFORD, USA, The U.S. Air Force has awarded Pratt $ Whitney a 7 year $352.000 million contract for TF33 engine spare parts. Deliveries of the TF33 spare parts, including disks, blades and vanes,... more
IndustryALENIA IS NEGOTIATING TO JOIN A3XX PROJECT
MILAN, Alberto Lina, president of Finmeccanica, which controls Alenia, said "technical meetings are being carried on to decide Italy's role in the project of the new plane". According to the agreement... more
IndustryHAWKER PACIFIC AEROSPACE AWARDED CONTRACT WITH XIAMEN AND ETHIOPIAN AIRLINES
SUN VALLEY, USA, Hawker Pacific Aerospace today announced the signing of two landing gear service and overhaul services contracts with Xiamen Airlines and Ethiopian Airlines. The contracts terms are five... more
IndustryUNITED TO BUY HONEYWELL
STAMFORD, USA, United Technologies is about to buy Honeywell for about $40 billion. The new was reported by CNBC, citing sources familiar with the negotiation. The two companies are close to an agreement.... more
IndustryEU APPROVED AIRBUS MANAGEMENT REORGANIZATION
PARIS, European Union gave its clearance to the creation of an Airbus Integrated Company. The european consortium is owned by EADS for 80% and by BAe Systems for 20%. The new management reorganization... more
IndustryBOEING TO PURCHASE HAWKER DE HAVILLAND
AUSTRALIA, Boeing is to take over australian aviation firm Hawher de Havilland for an undisclosed price. The deal will increase capacity to manufacture components for Boeing aircraft on australian... more
IndustryBOEING PROFITS UP 28 PERCENT
SEATTLE, boeing aerospace industry, despite a drop in revenues of 10,6 percent compared with last year, rose profits 28 percent in the third quarter of 2000. The company's military aircraft and missiles... more
IndustryAASI JETCRUZER 500 TO BE SHOWCASED AT AOPA CONVENTION
LONG BEACH, CA, Advanced Aerodynamics and Structures Inc. (AASI) announced today it will display its new JETCRUZER 500(TM) at Aircraft Owners and Pilots Association (AOPA) convention taking place in Long... more
IndustryJET AVIATION TAKES RESPONSABILITY FOR BOEING’S OWN BBJ
NEW ORLEANS, Jet Aviation Base will complete a Boeing Business Jet that the airframer will use "as a corporate workhouse" to demonstrate the capabilities of the aircraft to potential customers. The Boeing... more
IndustryAN ALL SOLD OUT SITUATION FOR CESSNA
NEW ORLEANS, Cessna closed out the third quarter with an order backlog of $6,1 billion. Deliveries are completely sold out for this year and for 2001. Gary Hay, Cessna CEO, said they are doing everything... more
IndustryROLLS-ROYCE WINS ORDER TO UPGRADE ATA FLEET
LONDON, Rolls-Royce has been chosen by American Trans Air to upgrade the RB211 engines on its fleet of Lockheed L1011 Tristars. The contract worths $63 million and it includes spare engines. The deal... more
IndustryBOEING-UPS AGREEMENT FOR PASSENGER TO CARGO AIRCRAFT MOD
SEATTLE, USA, U.S. Boeing co. probably will announce for the end of the year the deal with United Parcel Service in order to convert 30 MD-11 aircraft from passenger to cargo. The transaction, worth about... more
IndustryTAG AVIATION IS EXPANDING
NEW ORLEANS, Tag Aviation's fleet has grown by 39 aircafts since the beginning of the year. Moreover five global Express in completion will be delivered before the end of the year. A few additional contracts... more
IndustryRAYTHEON, CESSNA AND SOCATA RECEIVE FIRM ORDERS
NEW ORLEANS, The business belongs not only to the two giant of aeronautical worlds, Boeing and Airbus. Also the others have found that NBAA is a very fertile ground for aircraft orders. Raytheon Aircraft... more
IndustryBOMBARDIER IS ON TRACK FOR ROLLOUT OF CONTINENTAL THIS COMING SPRING
NEW ORLEANS, Development of the Bombardier Continental Business Jet is proceeding as planned. The final assembly will be made Learjet in Whicita. The aircraft is expected to be completed for next spring.... more
IndustryAIBUS DESIGNATED IAE ENGINE FOR ACJ
NEW ORLEANS, International Aero Engines became engine of choice for Airbus Corporate Jetliner with its V2500 series. This engine, rated at 27.000 lb-thrust, will power 26 of the 32 ACJ ordered to date.... more
IndustryAIRBUS HAS DELIVERED FOUR A319CJ
NEW ORLEANS, Airbus has delivered four A319CJs : one to the italian Air Force, one to Al Kharafi Group, one to an unnamed customer, the fourth to Daimler Chrysler. Six aircrafts will be delivered this... more
IndustryFOKKER SELECTED TO BUILD PARTES OF CESSNA SOVEREIGN
NEW ORLEANS, Dutch aircraft company Fokker Aerostructures has been selected by Cessna Aircraft to build tail section of the Citation Sovereign bizjet, and provide technical and engineering support. Fokker... more
IndustryNEW AVEX PLACES ORDERS FOR 31 SOCATAS
NEW ORLEANS, Socata's distributor in the Western United States has ordered 10 TBM 700 turboprops, 10 TB 20 Trinidads, 10 TB 21 Trinidads and one TB 10 Tobago GT. All the aircrafts will be delivered next... more
IndustryNEW ORDERS BOOST EMBRAER'S LEGACY JET
NEW ORLEANS, Demand for Embraer's new business jet Legacy is getting very strong. The company has doubled its sales forecast to 240 over the next ten years. The $19 million large cabin aircraft will make... more
IndustryPIAGGIO AMERICA SIGNED AGREEMENT WITH JETWORK
NEW ORLEANS, Steve Hanvey, president and CEO of the new Piaggio America, revealed that the company signed an agreement with JetWorks in Dallas to provide maintenance and service for Avanti operators in... more
IndustryGALAXY AEROSPACE PROMOTES NEW INITIATIVES
NEW ORLEANS, Galaxy Aerospace is promoting several new initiatives for customers of their business jet, as guaranteeing operating costs. The company will also provide a back-up aircraft in case of... more
IndustryDAIMLER CHRYSLER EXPANDS ITS FLEET
NEW ORLEANS, Daimler Chrysler Aviation added two more jets to its aircraft fleet, bringing the total to 11. The company doubled its operations since the beginning of the year and it is based at Oakland... more
IndustryVERY PROFITABLE PERIOD FOR NEW PIPER AIRCRAFT
NEW ORLEANS, Chuck Suma, president and CEO of New Piper Aircraft said it was a "fantastic "year" for the company. Over $200 of total revenues and 425 aircraft delivered. The president added that the... more
IndustryJETCRUZER HOPES TO GAIN CERTIFICATION IN JUNE 2001
NEW ORLEANS, AASI hopes to gain FAR Part 23 certification for the new Jetcruzer 500 next June. First deliveries are scheduled for the third quarter of next year and the initial production will be of 130... more
IndustrySINO SWEARINGEN SJ130-2 POISED TO FLY IN FINAL CONFIGURATION
NEW ORLEANS, Sino Swearingen is supposed to fly the first conforming prototype of its new SJ130-2 business jet within a couple of weeks. The aircaft already had firm orders for 175 copies and it will cost... more
IndustryBOMBARDIER ENTERS THE E-COMMERCE ERA
NEW ORLEANS, Bombardier announced that it will launch an e-business portal in the first quarter of 2001. It will encompass virtually every aspect of the company's corporate activities. It will be possible... more
IndustryCESSNA SCORES 21 SHIP ORDERS IN LATIN AMERICAN MARKET
NEW ORLEANS, Cessna announced yesterday at a press conference a sale of 21 aircrafts to the Latin American market. Brazilian company TAM, Taxi Aero Marilia, ordered three CJ1, cinque CJ2, an Encore, three... more
IndustryAEROSTAR AIRCRAFT CORPORATION IS HOME WORKING
NEW ORLEANS, Aerostar Aircraft Corporation doesn't have a booth at NBAA. Its vice-president Jim Christy said that the company is actually busy with the final stages of raising $40 million to certificate... more
IndustryMAIDEN FLIGHT FOR IBIS AEROSPACE NEW AE270
NEW ORLEANS, Ibis Aerospace of Czech Republic flew its new Ae270 for the first time. It is powered by PT6A-42 engine from Pratt & Whitney, will be able to accomadate 10 passengers and will have a price... more
IndustryBOMBARDIER PURCHASED SKYJET.COM
NEW ORLEANS, Bombardier Aerospace executive purchased the Skyjet.com charter reservation Website. The canadian company advanced many reasons to explain this decision. Among them: market expansion, synergy... more
IndustryINAUGURATED TODAY PIAGGIO FRANCE
NICE, Piaggio France was inaugurated today with a cerimony in Nice. The french Piaggio will be an important point of reference for foreign customers in the course of Piaggio Aero industries activities.... more
IndustryBOEING SIGNS AGREEMENT WITH GECAS
SEATTLE, USA, U.S. Boeing has announced it signed an agreement with General Electric Co.'s GE Capital Aviation Services unit for the purchase of 74 Boeing 777 and 737 jetliners for a total of USD$5.5 billion.... more
IndustryBOEING WINS APACHE CONTRACT
USA, The Boeing Co. has won a $2,3 billion contract with the U:S: army to upgrade 269 Apache combat helicopters. Work on the new contract is expected to begin in 2002 at Boeing's Mesa plant. more
IndustryFAIRCHILD-DORNIER PROGRESSES 728JET
INTERLANKEN, SWITZERLAND, Fairchild-Dornier last week began formally the production of 728 jet with the fabrication of initial components by belgian subcontractor SABCA, which will produce cockpit and... more
IndustryALENIA SIGNS AGREEMENTS IN GREECE
ATHENS, Alenia Aerospazio's vicepresident Cosentino announced the industry will cooperate to aerospace programs and, together with a consortium of companies, it will participate to bid for the privatization... more
IndustryIRAQ TO BUY BOEING SPARE PARTS FROM THE UNITED STATES
USA, An informed source reported that Iran will buy Boeing spare parts from the United States. Government officials will fly today to the United States for talks with the officials of Boeing Company for... more
IndustryBOEING UNVEILED UNMANNED COMBAT AIR VEHICLE
SEATTLE, USA, Boeing, leader company in unmanned aerial vehicles, used for surveillance operations of hostile territories occupied by enemy forces, recently unveiled a new combat aircraft able to attack... more
IndustryFTC TO ALLOW BOEING TO BUY HUGHES
BRUSSELS, Boeing will purchase Hughes Electronics Corp.'s space and communications division, after it was allowed by Us.S. and european regulators. Boeing will have to undertake some measures to prohibit... more
IndustryROLLS-ROYCE WON ORDERS TO MAKE ENGINES FOR EMBRAER JETS
LONDON, Rolls-Royce won an order worthed USD 530 million to make engines for some Embraer jets. They will be manufactured at Indianapolis and will be used in jets for American Eagle and seven european... more
IndustryALENIA AEROSPACE: THE EUROFIGHTER'S WING IS READY
TURIN, The first Eurofighter's wing was completed at Alenia Aerospazio's plant of Turin Caselle. It will be soon delivered to Bae systems for the final assembly. The maiden flight is scheduled within Septemeber... more
IndustryNEW AIRCRAFT FUELS UNDER CONSIDERATION
NEW YORK, US and japanese companies are working on the development of a new aircraft propulsion system powered by hydrogen and using oxygen as hidroxidant agent. The cryogenic propellent, which would... more
IndustryAIRBUS REDESIGNING SUPER JUMBO
SEATTLE, According to what reported by a newspaper of Seattle, where Boeing's headquarter is placed, Airbus hopes to clinch a deal with Singapore Airlines for their new USD 220 million superjumbo A3XX.... more
IndustryAIRBUS PROJECT FOR A REGIONAL A-330 VERSION
TOULOSE, The french consortium Airbus think to develop a short-range version of the A330-500. THe original version flies as far as 7,000 nautical miles and is able to travel on trans-Atlantic routes. The... more
IndustrySYNTHETIC VISION: A TECHNOLOGY UNDER DEVELOPMENT
LANGLEY, VIRGINIA, USA, For the development of the synthetic-vision systems project, led by NASA’s Langley Research Center in Virginia and backed by Rockwell Collins, Jeppesen has signed a three-year a... more