Industry
13,158 news found
IndustryPIAGGIO AERO INDUSTRIES: A NEW COMPANY
FARNBOROUGH, Piaggio Aero Industries, after the take over of Industrie Aeronautiche Meccaniche Rinaldo Piaggio, released some informations about its industry: we consider the turnover has increased from... more
IndustryS.A.L.E. ORDERS MORE A320 AIRCRAFT
FARNBOROUGH, Singapore Aircraft Leasing Enterprise, (S.A.L.E.) signed a contract with Airbus Industrie to purchase other 11 aircrafts, eight A320 and three A319. They will be delivered at the end o... more
IndustryPIAGGIO CONTINUES THE PARTNERSHIP WITH ROLLS-ROYCE
FARNBOROUGH, In the occasion of the aeronautic exhibition of Farnborough, Piaggio Aero industries of Genoa announced it will continue its partnership, spanning more than 35 years, with Rolls-Royce, which... more
IndustryAGUSTAWESTLAND: FINALISED THE JOINT VENTURE
FARNBOROUGH, Finmeccanica Joint-Stock Company and GKN today announced they have finalised the agreement for merger between Agusta and Westland. Each company will own 50% of the joint venture, the new... more
IndustryBOEING AND AIRBUS COLLECTING ORDERS FOR 18 BILLION USD
FARNBOROUGH, The two big rival companies collected a relevant number of orders for aircrafts of their production. In all, 171 planes have been ordered, 114 for Boeing, valued 12 billion USD, included 48... more
IndustryCESSNA WRAPS -UP CITATION CJ2 MOC UP AT FARNBOROUGH AIRSHOW
FARNBOROUGH, The new Citation CJ2 international mock-up was launched by Cessna at Farnborough Air Show. Company's Director of International Sales, Trevor Esling, said "we believe the Farnborough... more
IndustryAERMACCHI CONFIRMS NEW PROJECT FOR TRAINER
FARNBOROUGH, Collaborating with russian companies Yakovlev and Sokol, the italian Aermacchi confirmed today the intention of making a new trainer based on AEM-130 produced by Yak and Aermacchi. This new... more
IndustryFINNAIR SIGNS CONTRACT FOR A319 AND A320 FROM AIRBUS
FRANCE, Finnair signed a contract with Airbus to buy six aircrafts, four A320 and two A319. The planes will be delivered in 2002 and will be operated on the carrier's european scheduled network. more
IndustryILFC SIGNS MAJOR AIRBUS AIRCRAFT DEAL
FRANCE, International Lease Finance Corporation has signed a letter of Intent for 87 Airbus aircraft, 62 A320, 20 A330-200, 5 A3XX. Both the parts showed their satisfaction with the commitment. more
IndustryNEW ORDER OF HAL FOR TURBOMECA
FARNBOROUGH, HAL, Hindustan Aeronautics Limited, has ordered a second batch of 52 TM333 2B2 engines to power 20 twin-engine Advanced Light Helicopters. The order confirms the particular high level of performances... more
IndustryGECAS PLACES BIG ORDER FOR BOEING AIRCRAFT
FARNBOROUGH, Boeing announced that it received by GE Capital Aviation Services (GECAS) a big order, including options and real purchases, for 149 aircrafts of the american company. The planes ordered are... more
IndustryAIR FRANCE TO BUY TEN A3XX
FARNBOROUGH, During a ceremony held today at the Farnborough Air Show, Air France announced it has signed a letter of intent for ten A3XXs. The french carrier will become soon launch customer of the new... more
IndustryCT AEROSPACE TO ORDER 50 AIRBUS AIRCRAFT
FRANCE, CIT Aerospace announced the intention for the purchase of 50 Airbus, 35 single-aisle aircraft and 15 Airbus A330s. With this order, CIT will be able to offer airlines around the world a broad choice... more
IndustryBOEING TARGET IS 40 BILLION USD
SEATTLE, With the new system "Connexion by Boeing", the company of Seattle hopes to raise profits for over 40 billion USD in the next 20 years, selling internet connection both on board of its planes... more
IndustryALENIA INCREASES ITS SHARING IN BOEING CONNEXION PROGRAM
FARNBOROUGH, Alenia Aerospazio of Finmeccanica group and Mitsubishi Electric Co. (MELCO) will reinforce their role in revolutionary system of telecommunications at large width called "Connexion by Boeing",... more
IndustryTEXTRON SYSTEMS ANNOUNCED DELIVERY OF ONE MMLS TO ITALIAN ARMY
FARNBOROUGH, A MMLS system (Microwave Mobile Landing Systems) was delivered to italian Ministery of Defense from Textron Systems. This device, largely used by american air forces in Kosovo, is carried... more
IndustryBOEING INTRODUCES ITS GLOBAL CONNEXION
FARNBOROUGH, During a crowded press conference taking place at Boeing stand, the american industry introduced an innovative system of communication, defined "global" and called "Connexion", which will... more
IndustrySIGNED CONTRACT FOR AIRBUS A3XX SUPPLY
FARNBOROUGH, Airbus has obtained the signing of the first contract for the supply of the new extra-large A3XX plane. In the occasion of the Fainborough exhibition, started today in England, the airline... more
IndustryBOEING TO SELL AT LEAST 30 777X AIRCRAFTS
LONDON, According to a familiar source Boeing is going to sell at least 30 777X aircrafts worth $5 billion or more. The official announce should be given at the Farnborough air show next week. more
IndustryNEW BOEING 767-400ER RECEIVES CERTIFICATION APPROVAL FROM FAA
SEATTLE, The new Boeing 767-400ER (extended range) received yesterday certification approval from the U.S. FAA (Federal Aviation Administration). So airlines soon can begin using the airplane. more
IndustryBOMBARDIER TO FEATURE NEWEST AIRCRAFTS AT FARNBOROUGH
USA, Bombardier Aerospace will display all its newest aircrafts at Farnborough air show, which is going to take place from july 24 to 30. The roster includes the new 70-seat Canadair regional jet, an ultra-long... more
IndustryBOMBARDIER DELIVERS Q200 AIRCRAFTS TO SURVEILLANCE AUSTRALIA
USA, Bombardier Aerospace is set to deliver two Q200 turboprop aircrafts to Surveillance Australia. The aircrafts will be used for a coastwatch program. "The Q200 has proven to be an excellent maritime... more
IndustryPALESTINIAN AIRLINES TOOK DELIVERY OF FIRST BOMBARDIER Q300.
USA, Palestinian Airlines has taken delivery of the first of two Bombardier Q300 ordered last year and will place the aircraft in revenue service later this moth. The purchase marks the beginning of a... more
IndustryBOEING EXPECTING PROFITS UP 26% IN SECOND QUARTER
SEATTLE, Boeing said to expect a raise of 26% of profits for the second quarter of 2000. The company is continuing to benefit from its restructuring programme and there was an increase of market demand... more
IndustryBOMBARDIER: DELIVERED FIRST CRJ TO JAPAN
USA, Bombardier Aerospace announced today that the Fair Inc. of Tokyo has taken delivery of its first CRJ and scheduled to inaugurate regional jet passenger service early in August. The airline ordered... more
IndustryPIAGGIO AERO INDUSTRIES AT FARNBOROUGH AIRSHOW
GENOA, In the occasion of the next Farnborough Air Show which will take place from july 24th, Piaggio Aero Industries declared to participate in D2F stand and in K8 chalet and will show up the new Avanti... more
IndustryP&W AND AEROJET GOING TO FORM SPACE PROPULSION COMPANY
USA, P&W, Pratt and Whitney, will merge soon with Aerojet-General Corporation to form a new space propulsion company. The firm will acquire most of Aerojet's propulsion programs. This company last year... more
IndustryROBINSON WINS 65% OF MARKET AND INCREASES EMPLOYEES
TORRANCE, CALIFORNIA, Delivering 88 helicopters in the first four months of 2000, Robinson Helicopters maufactured 65% of all the helicopters produced in North America. Of the 88 aircrafts delivered, 51... more
IndustryBOMBARDIER DELIVERS CRJ SERIAL NUMBER 400 TO SKYWEST
USA, Bombardier Aerospace recently delivered CRJ serial number 400 to Skywest. The delivery came eight years after the first aircraft of its type entered service in Europe. more
IndustryEMBRAER IS GOING TO SET FUNDING PLAN
BRAZIL, Embraer announced plan to sell shares to raise $272m indispensable to finance the development of its new line of regional jets. Shares will be sold simultaneously in Brazil as well as in the United... more
IndustryIN SPTEMBER BID FOR AEROSPACE GREEK INDUSTRY
ATHENS, The greek minister of finance, Yannos Papatoniou , confirmed the bid to buy 49% of Hellenic Aerospace Industries will be called in the early days of September. There are two groups concerned with... more
IndustryRUSSIA WORKING ON ITS NEW SUPERSONIC JET
MOSCOW, Russian engineers should be working full out on a project for new version of supersonic jet Tupolev Tu 144, which was manufactured by russians in reply to european Concorde. The plane may start... more
IndustryGE ENGINES POSTS $609M QUARTERLY PROFIT
USA, La GE Aircrafts Engines posts $609 million in profit for the second quarter of the year. It would be a jump of 20% over last year's numbers. In the first six months of 2000 profits of the company... more
IndustryGE ENGINES WIN A CONTRACT WITH JAPAN AIRLINES
USA, GE Engines services signed a contract with Japan Airlines fo engine maintenance. The agreement, valued $140 million, will be in force for ten years. more
IndustryBAE SYSTEMS DEFEATED NORTHROP IN BIDDING WAR FOR THREE LOCKHEED'S DIVISIONS
USA, Bae Systems defeated Northrop Grumman in a bidding war to buy three divisions of Lockheed Martin, Nashua, N.H. based Sanders, Fairchild Systems in New York, Space Electronic and Communications in... more
IndustryNASA PLANS TO BUY SPACE HARDWARE FROM RUSSIA
USA, NASA is planning to buy space hardware from Russia, valued 21 millions USD. It is hardware related to the ISS, International Space Station. more
IndustryNEW MEMBERS SOON FOR BUSINESS TO BUSINESS EXCHANGE BOEING
SEATTLE, More companies will soon join the business-to-business internet exchange which is composed of four of the world's largest aerospace companies: Boeing, Lockheed Martin, Raytheon and BAE Systems.... more
IndustrySAAB POSTS 13% DROP IN FIRST HALF OF 2000
STOCKHOLM, Swedish defense and aerospace group Saab AB posted a 13% loss of "pretax" profit for the first half of 2000, despite an increase in sales of 73%. The profits decreased from 721 million danish... more
IndustryBOEING HOPES TO LAUNCH PROJECT OF SUPERJUMBO WITHIN 6-9 MONTHS
SEATTLE, boeing Co. expects to launch development of superjumbo's project in six to nine months. the plane would seat over 500 passengers and would be 20% bigger than the current 747-400 model. The cost... more
IndustryBOMBARDIER AEROSPACE EXPANDS ITS MAINTENANCE CAPABILITIES FOR LEARJET AND CHALLENGER
DALLAS, Bombardier Aerospace expanded its maintenance capabilities for Learjet and Challenger aircrafts by reaching separate agreements with Skyservice of Toronto and Stevens Aviation, South Carolina.... more
IndustryENGLAND: 100.000 EMPLOYEES OF AEROSPACE INDUSTRY RISKING TO BE DISMISSED
LONDON, Over 1000 small and medium firms employing about 100.000 workers are checking the possibility of a cutback of staff. The lack of orders affecting these firms is basically due to reduction of defense... more
IndustryJSF PROJECT: LOCKHEED SEEKS FOR AIRBUS HELP
USA, A contract within Lockheed Martin and Airbus Industries is close to be signed; for this agreements, Airbus will provide after-sales logistic support for Joint Strike Fighter aircraft. Sales in the... more
IndustryTHAILAND TO BUY 16 USED JET FIGHTERS FROM U.S. GOVERNMENT
USA, The U.S. government approved the purchase by Thailand of 16 used FA-16 fighter jets. The new was reported yesterday by a government spokesman. The whole cost of planes will amount to 133 millions... more
IndustryBOEING SALES SHOULD BEAT AIRBUS IN THE FIRST HALF OF THE YEAR
USA, Boeing should have regained the initiative in the battle for dominance of the world airliner market, outselling Airbus by 83 aircrafts in the first half of the year. The company of Seattle should... more
IndustryCESSNA AND TAG AVIATION ANNOUNCE 50/50 JOINT VENTURE TO PROVIDE FRACTIONAL OWNERSHIP MARKET OF PLANES.
NEW YORK, Cessna Aircraft Company and Tag Aviation Usa announced the formation of a new company to serve the rapidly expanding fractional ownership market of planes. According to the terms of agreement,... more
IndustryEADS MAKES A NEGATIVE DEBUT ON STOCK MARKET
PARIS, EADS, the european airspace industry, made yesterday a negative debut on stock markets of France, Germany and Spain. The shares, after a raising of 5,6%, fell under the starting price of 18 euro,... more
IndustrySOUTH AFRICAN AIRLINES TAKES DELIVERY OF THE FIRST THREE BOEING NEXT-GENERATION 737S
SEATTLE, South African Airlines took delivery of the three first Boeing Next-Generation 737s of the 21 ordered to the company of Seattle to upgrade its fleet. Boeing Next-Generation 737s are equipped with... more
IndustryFARNBOROUGH: BELL-AGUSTA PRESS CONFERENCE TO INTRODUCE NEW AIRCRAFTS
FARNBOROUGH, ENGLAND, During the Air Show of Farnborough, Bell-Agusta called a press conference for july 24th in order to introduce mock up of new military helicopter AB139 and convertiplane BA609. The... more
IndustryU.S. GOVERNMENT PUSHES BOEING TO UP SUPPORT AERO VODOCHODY
WASHINGTON, U. S. government asked Boeing to do more for aircraft maker Aero Vodochody, which the Czech government sold to Boeing two years ago under very favourable conditions. Boeing representatives... more
IndustryBOEING INTRODUCES NEW 767 WITH WORLD TOUR
SEATTLE, Boeing will introduce its new 767-400ER (extended range) with a world tour. One of these aircrafts will leave today with more than 40 passengers and will touch 3 continents and 19 cities. The... more