Industry
12,276 news found
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
IndustryLOCKHEED MARTIN WINS CONTRACT WITH US AIR FORCE
GREENVILLE, USA, By the three-year contract the company will provide support for the C-5 Galaxy aircraft, an outsized-cargo transport. The deal includes options to extend the contract for further seven... more
IndustryCESSNA:NEW DIRECTOR OF WORLDWIDE SALES NAMED
INDEPENDENCE, KANSAS, Aircraft industries Independence-based Cessna recently announced the promotion of Mark Patterson to Director of Worldwide Sales at the Single Engine Facility. As Director of Worldwide... more