Industry
13,158 news found
IndustryRUSSIA TO OFFER MIG-29SMT FOR AUSTRIAN BID
MOSCOW, According to a press release the Russian aircraft manufacturing corporation MiG has offered its latest product, the MiG-29SMT fighter jet, and an upgraded MiG-29, for a tender organized by... more
IndustryEADS SOCATA TO SIGN AGREEMENT WITH JETFLY AVIATION
PARIS, The deal between the two companies is worth 25 million euros. EADS Socata, a unit of the European Aeronautic Defence and Space Co, will supply 10 seater TBM 700 turbo planes to JETFLY Aviation.... more
IndustrySABENA: 700 JOBS CUT
BRUSSELS, They could be 700 the employees that Sabena previews to jobs cut for a drastic reduction to staff after a negative 2000: the Belgian airline (owned to 50,5% from the government of Belgium) closed... more
IndustryMINNESOTA PURCHASES WATER BOMBERS FROM BOMBARDIER AEROSPACE
MONTREAL, CANADA, Canadian Bombardier has sold two amphibious CL-215 aircrafts to Minnesota state. The water bombers will be in service for Minnesota fire season in 2001. more
IndustryROMANIAN AIRLINE CONSIDERS BUYING
BUCHAREST, ROMANIA, The Romanian carrier Tarom, to increase efficiency and cut losses, is considering the purchase of several aircraft from Boeing Co. and Airbus Industrie. The airline is weighing the... more
IndustryJOB CUTS REQUESTED BY BRITISH IN ITALIAN SIDE OF ALENIA MARCONI
ROME, ITALY, Following the last figures released by Ams NV, the managing company of Alenia Marconi Systems, joint venture between Finmeccanica and Bae Systems, seems that italian side of the resulting... more
IndustryNEW IL-103 VERSION
MOSCOW, According to Andrei Pupkov, the Ilyushin's manager for this project, new versions of the Il-103 single piston airplane are being developed: last summer has been completed a prototype of agricultural... more
IndustryCPI AEROSTRUCTURES ANNOUNCES RECORD YEAR FOR CONTRACT AWARDS IN 2000
NEW YORK, CPI Aerostructures announced today that it was awarded approximately $13.0 million in new contract awards during 2000, nearly doubling the amount received in 1999. The Company also announced... more
IndustryAIRBUS TO LAUNCH A330-200 CARGO VERSION
PARIS, Airbus officials yesterday said in a nnews conference that the french industry is ready to launch a cargo version of its long-haul A300-200 aircraft. Development costs for the freighter will be... more
IndustryAIRBUS MET AND EXCEED ALL ITS OBJECTIVES FOR 2000
TOULOSE, FRANCE, Airbus French consortium diffused figures about its business in year 2000: it achieved a turnover of 17,2 USDbn, delivering 311 aircrafts, say 40% of all deliveries of aircraft with more... more
IndustryAIRBUS RECORDS ADVANTAGE ON BOEING FOR GIANT PLANES
TOULOSE, FRANCE, According to Boeing's spokesman, Seattle based company is always thinking about opportunity to build its 747X large aircraft, which would be the competitor of European consortium Airbus'... more
IndustryEADS TO INCREASE SALES
PARIS, The European Aeronautic Defence and Space Company (EADS) reported a rise of 3% in sales, reaching $17,2 billion. The industry attained a market share of 46% for aircraft with more than 100 s... more
IndustryIRAN: MILLIONAIRE LOAN FOR THE AIRPLANE'S PURCHASE
TEHERAN, IRAN, The Iranian parliament authorized, following the law on the financings in examination course, the airline Asseman (the more important after the national company Iran Air) to ask foreign... more
IndustryBOEING CLOSES FACTORY IN SEATTLE
RENTON, WASH, Boeing announced to close the 737 and 757 jetliner assembly lines' factory in south Seattle suburb and relocate them to its huge widebody assembly plant in Everett, 30 miles to the north. This... more
IndustryNEW IRANIAN PASSENGER PLANE TO FLY SOON
TEHERAN, Iran-140 passenger plane has undrgone all the tests and is receiving certifications. The aircraft is manufactured by Iran Aircraft Manufacturing Industry (HESA) and will be flown during the 10-day... more
IndustryBOEING TO EXPECT NEW 747X FIRST ORDERS IN 2001
FRANKFURT, Walter Orlowski, Boeing's vice president, added in a press conference in Frankfurt that the new super jumbo 747X is going to be the Seattle industry's answer to Airbus A3800 and it should be... more
IndustryAGUSTA-ITALIAN FORESTRY CORP: THE SHADOW OF F-16 FIGHTERS
PARIS, FRANCE, The aeronautical dispute between France and Italy, basically regarding the "Mirage 2000" question (but also relationships between Finmeccanica - Airbus, Alitalia - A380 and so on) has added... more
Industry''AIR TANKER'', NEW JOINT VENTURE FOR TANKER
FRANKFORT, To participate to the supply's contract of tanker to the Royal Air British Force, the aerospace group Eads created a joint venture, call " Air Tanker ", with Rolls Royce, Cobham, Thales... more
Industry2000 OK FOR EUROCOPTER
MARIGNANE, FRANCE, In 2000, the Eurocopter Group enjoyed a second year of exceptional orders (effect of the NH 90, after Tiger in 1999) for 531 new helicopters. The consolidate orders for production... more
IndustryUS COAST GUARD TO ORDER GULFSTREAM C-37A
SAVANNAH, USA, U.S. Coast Guard will receive the C-37A aircraft in the second quarter of 2002. The aircraft will be used for domestic and international transportation and command and control operat... more
IndustryFRANCE-TURKEY (2): RELATIONSHIPS MORE STRAINED: BEYOND EUROCOPTER INVOLVED ALSO OTHER INDUSTRIES
PARIS, Beyond to the helicopter scompany Eurocopter, Government of Ankara "declared war" also to the Alcatel French, cancelling a plan for the sat communication of the value approximately of L300 billion... more
Industry17% GROWTH IN EUROCOPTER BUSINESS
PARIS, FRANCE, Eurocopter helicopter industries, associated to EADS, european aerospace consortium recently created, recorded a business growth of 17% in 2000, worth about 2USDbn. A strong referral point... more
IndustrySERCO FAVOURITE IN THE NATIONAL AIR TRAFFIC SERVICES' PRIVATISATION
U.K., The engineering and services company SERCO is the best favourite to win the partial privatisation (51 per cent) of National Air Traffic Services after its £800m indicative bid. This bid is higher... more
IndustryPIERO FERRARI MEETS US PRESIDENT GEORGE BUSH
WASHINGTON, Piero Ferrari, Enzo's son and Piaggio Aero's president since 1999, went to Washington to attend the celebrations for the new US president George Bush junior. Ferrari, who runs the industry... more
IndustryBOEING PLANS FOR A FASTER AIRLINER
SEATTLE, According to a Boeing spokespman, the company, in competition with European Airbus consortium, is planning a new aircraft for civil trasport, which will be at least 15% faster that current... more
IndustryAIRBUS TO OPEN SUBSIDIARY IN JAPAN
TOULOUSE, FRANCE, Airbus Industrie announced it is planning to open a subsidiary in Japan to push the sale of the A380 superjumbo. The japanese market is the second aviation market in the world. No airline... more
IndustryBOEING TO RISE PROFITS IN THE LAST QUARTER
SEATTLE, Profits rose 36 percent in the fourth quarter, beating Wall Street forecasts. Aerospace businesses played a relevant role in the increase of profits, compared with 1999. Boeing said it earned... more
IndustryBBA GROUP AND GULFSTREAM TO JOIN FORCES
UK, The british firm BBA Group and the US jet builder Gulfstream signed an agreement. As a part of it, BBA will purchase Gulfstream's engine overhaul and repair business operations at Dallas while Gulfstream... more
Industry64 NEW JETS ORDERED TO SKYWEST AIRLINES
ST. GEORGE, UTAH, Today SkyWest announced an order for 64 additional Canadair Regional Jets: like that the total number of regional jets on firm order is 114. When deliveries are complete (it is believed... more
IndustryU.S. AND EU TO RESUME TALKS ABOUT AIRBUS A3XX (A380) FINANCING
BRUSSELS, The 15-nation European Union and the United States made little progress the last week to resolve a dispute over financing of a new superjumbo jet being built by Airbus Industrie to challenge... more
IndustryNO RESULTS OVER US/EUROPE DISPUTE ON A-380 FINANCING
FRANCE, According to a European Union spokesman, recent talks to solve the dispute between US and Europe over financing of Airbus Industrie's new A380 super-jumbo jet made made little progress. Spkesman... more
IndustryTHAI AIRWAYS BD OKS PURCHASE OF 2 BOEING 747 AIRCRAFT
BANGKOK, Thai Airways International board of directors Thursday approved the purchase of two 747-400 aircraft from Boeing Co., a board member said. Poonsup Piya-Anant, also head of the government's... more
IndustryCIT AEROSPACE SIGNES AGREEMENT WITH CORSAIR
NEW YORK, CIT Aerospace, a division of CIT, announced that it has entered into a sale and leaseback agreement with the French-based charter airline Corsair. The agreement is for one 1999 Airbus A330-200... more
IndustryROLLS-ROYCE TO SECURE USD 1BN MAINTENANCE CONTRACT
GREAT BRITAIN, British aeronautical industries Rolls-Royce, signed a 1 USDbn maintenance contract with American Airlines, to be carried out at Texas Aero Engine Services Ltd. (TAESL) facility. The... more
IndustryCANADIAN GOVERNMENT TO FINANCE BOMBARDIER
OTTAWA, CANADA, The canadian minister Brian Tobin said the $1 billion in below-market financing is an exceptional but necessary measure to protect Canadian jobs and enterprise. Both companies are competing... more
IndustrySAIRGROUP TO SELL DELTA'S BLOCK OF SHARES
ZURICH, SAirGroup sold out its 5 million shares of Delta Air Lines to Salomon Smith Barney Bank. The sale was confirmed by Jean-Claude Donzel, spokesman of SAirGroup who didn't provide details about the... more
IndustryBOEING TO SIGN AGREEMENT WITH MAGELLAN AEROSPACE
TORONTO, Magellan Aerospace Corporation will build wing flaps and other wing-related accessories to its new B717-200 aircraft. The deal worth $400 million. The contract should last until the 500th B717-200... more
IndustryL-3 COMMUNICATIONS BUYS UPGRADE T-45 TRAINER
NEW YORK, L-3 Communications today announced that its Link Simulation & Trining division has been awarded a $2.1 million contract from the Boeing Company to upgrade and reconfigure a U.S. Navy T-45C... more
IndustryJAS TO SIGN AGREEMENT WITH PRATT&WHITNEY
EASTH HARTFORD, USA, Pratt & Whitney Aftermarket Servicesis to provide a fleet management program (FMP) for the airline's PW4158-powered A300-600R aircraft. The agreement covers 44 engines and has an estimated... more
IndustryTEN CESSNA CARAVAN SOLD BY CESSNA VAN NUYS REPRESENTATIVE
WICHITA, KANSAS, Van Nuys Flight Center Cessna representative placed an order for 10 new Cessna Grand Caravans, as the same Cessna has announced today. Van Nuys is the Cessna Authorized Sale Representative... more
IndustryADAM AIRCRAFT ANNOUNCES PRICE FOR M-309
ENGLEWOOD, COLORADO, Adam Aircraft announced that it will offer the first 20 production M-309 twin-engine aircraft at an introductory price of $695,000. The M-309's price includes a full glass panel... more
IndustryAIRBUS: NEW COMPANY TO BE SET UP IN FEBRUARY
FRANKFURT, EADS and BAe Systems today announced to set up the new integrated company at the end of February. An EADS spokesman said BAe Systems PLC will continue to hold a 20% stake in Airbus, with... more
IndustryAIRBUS SUPER-JUMBO SET FOR MORE ORDERS
FRANCE, European plane-maker Airbus Industrie will win orders for up to 30 more A380 super-jumbos early this year as negotiations with Lufthansa, the German airline, and FedEx and Atlas Air. Lufthansa... more
IndustryNEW PRESIDENT FOR INTERNATIONAL AERO ENGINES
EAST HARTFORD, USA, IAE International Aero Engines AG today announced that Stephen N. Heath will be the next President and CEO of IAE, effective February 5, 2001. Mike Terrett, IAE's President since November... more
IndustryROLLS-ROYCE NAMES NEW MD FOR AIRLINES BUSINESS
LONDON, Rolls-Royce today named Mike Terrett, engineer, as the new Managing Director of its Airlines business. He succeeds John Cheffins, who recently joined the Rolls-Royce Board following his appointment... more
IndustryBAE SYSTEMS MAY MAKE JOB CUTS
UK, The defence and aerospace group is considering a new rationalisation including 5000 job losses following the purchase of Marconi defence group. The company is also in discussions with the Ministry... more
IndustryFLIGHT INTERNATIONAL: ITALY LEFT OUT OF A380 PRODUCTION
LONDON, UK, The central section and the front of the fuselage of Airbus A380 will be built in the Aerospatiale firm of St. Nazaire, the wings in Mostyn and Broughton, UK, the vertical impennage will be... more
IndustryDASSAULT AVIATION: 90 ORDERS FOR FALCON JETS
PARIGI, The new was reported by the french newspaper "Les Echos". In 1999 the orders reached 52 units. Then growth was huge in the last year. So the industry has planned to increase the monthly production... more
IndustryROLLS-ROYCE WINS CONTRACT WTH BRITISH AIRWAYS
LONDON, Rolls-Royce has secured a 600 million pound (900 million dollar) contract to repair and overhaul the engines powering British Airways Airbus Industrie A320 fleet. The 20-year agreement was signed... more
IndustryBOEING CLAIMS 489 DELIVERIES IN YEAR 2000
USA, Boeing Commercial Airplanes yesterday announced 489 commercial airplane deliveries in 2000. Commercial Airplanes President Alan Mulally noted operating margins improved throughout the year, even... more