Industry
12,194 news found
IndustryROLLS-ROYCE SIGNED DEAL WITH BRITANNIA AIRWAYS
LONDON, Rolls-Royce today announced it has signed an agreement with Britannia Airways, the UK charter operator, to maintain its fleet of Boeing 757 aircraft. The 10 year deal worths £155m. more
IndustryXI'AN AIRCRAFT INDUSTRY TO WIN 60 ORDERS FOR ITS MA60 MODEL
CHINA, Xi'an Aircraft Industry (Group) Co Ltd won 60 orders for its MA60 model at Third China International Aviation and Aerospace Exhibition in Zhuhai. China is planning to invest around $18m to upgrade... more
IndustryBAE SYSTEMS TO HOLD UP JOINT STRIKE FIGHTER PROGRAMME
LONDON, BAE Systems, the defense and aerospace goup, is trying to hold Joint Strike Fighter programme up because it is urging the UK government to seek US government guarantees of a central role for british... more
IndustryAIRBUS TO HAVE A320 WINGS BUILT IN CHINA
TOULOUSE, Two chinese aerospace companies have been selected by Airbus Industries to build wings for A320 jet within seven years. The wings constitute 20 per cent of the cost of the single-aisle medium-range... more
IndustryIAE SIGNED $120 MILLION CONTRACT WITH CHINA NORTHERN AIRLINES
ZHUHAI, CHINA, International Aero Engines (IAE) signed a $120 million contract with China Northern Airlines to supply ten V2500 jets for Airbus A321-200s. The first jet is scheduled to be delivered in... more
IndustryKOREA AEROSPACE INDUSTRIES TO SELL HELICOPTERS TO CHINA
ZHUHAI, CHINA, Korea Aerospace Industries (KAI) signed an agreement with China to sell it 5 SB-427 civil helicopters. The $15 million deal was announced by KAI officials. more
IndustrySUKHOI OFFERS JOINT DESIGN OF S-21 TO CHINA
ZHUHAI, Sukhoi has proposed to China a joint design of supersonic passenger aircraft of the second generation S-21. The aircraft will use technologies of supersonic warplanes developed by the Sukhoi design... more
IndustryBOMBARDIER DELIVERS FIRST Q400 TO CHANGAN AIRLINES
CHINA, Bombardier Aerospace delivered the first high-speed Q400 commercial airliner to Changan Airlines. The 78-seat new technology airliner will be used by the carrier, together with the other three planes... more
IndustryBOMBARDIER DELIVERS FIRST CRJ200 TO SHANDONG AIRLINES
CHINA, Bombardier Aerospace delivered the first of five CRJ200 regional jet aircraft recently to Shandong Airlines in The People's Republic of China. The chinese airline is acquiring these aircrafts for... more
IndustryPRATT&WHITNEY F119 ENGINE COMPLETES INITIAL PHASE OF ENDURANCE TESTING
EAST HARTFORD, USA, Pratt & Whitney and the U.S. Air Force have completed the initial phase of endurance testing of F119 engine excellent results. "We are very pleased with the results of the testing and... more
IndustryUPS TO PURCHASE 35 USED BOEING MD-11S
USA, United Parcel Service confirmed that it will purchase up to 35 used Boeing MD-11s in a deal valued at more than $2 billion. The industry of Seattle will convert the planes to freighter configuration.... more
IndustryROLLS-ROYCE TO CUT 5000 JOBS
LONDON, Rolls-Royce is planning to cut around 5,000 jobs over the next three years as part of a broad restructuring plan. It will shed some 2000 jobs in 2001. The new was reported by the english newspaper... more
IndustryCHINA WILL BE THE MOST INTERESTING AVIATION MARKET OUTSIDE USA, ACCORDING BOEING
SEATTLE, USA, The official Chinese Xinhua news agency has quoted the words of Boeing's vice-president of commercial marketing Randy Baseler; according him, China will be the world's most interesting and... more
IndustryP&WC NEW SERVICE CENTRE OPENS IN BRASIL
LONGUEUIL, QUEBEC, Pratt&Whitney Canada Corporation (P&WC) has announced that it has officially opened a new service centre at Sorocaba State Airport, 90 km west of S. Paulo, Brazil, to provide engine... more
IndustryCIT AEROSPACE PLACES MAJOR ORDER FOR AIRBUS AIRCRAFT
FRANCE, Airbus has announced that CIT Aerospace, a company of the CIT Group, has signed a firm order for 35 A320 family aircraft and 15 A330s, confirming an intent announced in July. The deal in valued... more
IndustryLATECOERE TO EXPAND
PRAGUE, CZECH REPUBLIC, French Group Latecoere, owning czech company Letov LV, announced it will invest 12 billion of Euro over the next five years in Prague company, raising the number of employees from... more
IndustryTURBOMECA TO UNVEIL ARRIUS NEW VERSIONS
FRANCE, Turbomeca, the french helicopter engine manufacturer, unveiled a special version of Arrius 2B1 called 2B1A with a powershaft of up to 750 shp in emergency condition. Another Arrius turbine, 2B1C... more
IndustryUSD29MN SYRIAN ORDER FOR ALENIAMARCONI RADAR SYSTEMS
DAMASCUS, SYRIA, A contract worth USD29mn has been assigned to AleniaMarconi Systems to supply three civil surveillance radar systems, that will be installed within 18 months in the international Syrian... more
IndustryCZECH LARGEST CIVILIAN AIRCRAFT PRODUCER BANKRUPT
PRAGUE, CZECH REPUBLIC, The Czech Republic's largest civilian aircraft producer, LET Kunovice, was declared bankrupt by a commercial court in Brno because of the claims of 1480 unpaid workers, a U.S. airline... more
IndustryGE READY TO ACQUIRE HONEYWELL
USA, The multinational General Electric, one of the world's most profitable company, has announced its intention to acquire Honeywell in a merger valued at USD 45 billion. This decision comes just days... more
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