Boeing will invest $20 million in Virgin Galactic, a vertically integrated human spaceflight company. The companies will work together to broaden commercial space access and transform global travel technologies. “Boeing’s strategic investment facilitates our effort to drive the commer...
Rolls-Royce has completed the acquisition of the electric and hybrid-electric aerospace propulsion activities of Siemens (formerly known as the eAircraft business), following a period of employee consultation. The timely execution of the deal, announced in June this year, underlines the fit...
September 12 2019 a special ceremony at Embraer main facility in São José dos Campos was dedicated to the delivery of first E195-E2, the biggest of the three members of the E-Jets E2 family of commercial aircraft! This is the reason to celebrate for all companies who were working ot this succes - Embraer, Pratt & Whitney, AerCap and Azul Linhas Aéreas Brasileiras...
Valsoft announced the acquisition of Commsoft OASES, a leader in the aviation engineering and maintenance software market, based in Tiptree, UK. Founded as a software house in 1971, Communications Software (Airline Systems) Limited won its first airline contract in 1975 with industry innovator Laker Airways in the UK, leading to the launch of the predecessor to OASES (Open Aviation Strategic En...
During the celebration of 50th anniversary, Embraer announced US$ 30 million investment in the expansion of its Eugênio de Melo unit, in São José dos Campos. Through the construction of new facilities, the site will have capacity for over 4,000 employees. The site currently has 1,500 employees working in manufacturing, development, engineering, structural and system testing, and training, among o...
Boeing delivered the first of eight 787-10 Dreamliner airplanes to Vietnam Airlines today via lease from Air Lease Corporation . The Vietnamese flag carrier plans to put the 787-10 – the most fuel-efficient twin-aisle airplane in the industry – on the busiest routes in its expanding network. "Welcoming the largest member of the 787 family to our growing fleet ensures...
Gatwick is publishing its new five-year Capital Investment Programme (CIP) which highlights more investment in automation and technology as an enabler of sustainable growth. New initiatives include robotic parking and automated boarding technology, which will speed up boarding and give passengers more choice about how they spend their time. Gatwick’s total investment since 2009, com...
CDB Aviation announced the delivery of an Airbus A320neo aircraft to its new customer in Russia, Yekaterinburg-based Ural Airlines. The aircraft is part of the lease agreement for a fleet of three A320neos, with two further jets slated for arrival through the end of 2019. The delivery also marks the introduction of the first CFM International LEAP-1А-powered A320neo to be operat...
CDB Aviation delivered Airbus A320neo to Air Seychelles, the national airline of the Republic of Seychelles. While being the first A320neo family aircraft type to be delivered to an African airline, the aircraft is also the first unit equipped with CFM’s new generation LEAP-1A engines to be operated on the continent. “We congratulate the Air Seychelles team...
Latvian airline airBaltic on July 23, 2019successfully placed a 200 million euro issue 6.75 percent 5-year bonds becoming the largest corporate bond issue originating from Latvia. The transaction was well received by the international and local investor community resulting in a final allocation to more than 100 investors from 25 countries and the demand for the securities exceeded s...
American Airlines welcomes the U.S. Department of Transportation’s final approval of a joint business agreement with Qantas. American and Qantas now have the opportunity to jointly offer more products that will better serve customers flying between the United States and Australia and New Zealand. This has been a longstanding business objective of the partnership. “We look forward to...
Cathay Pacific acquired of Hong Kong Express Airways, which is now its wholly owned subsidiary. However, HK Express will remain a stand-alone low-cost carrier to serve a niche value market segment Cathay Pacific Chief Executive Officer and HK Express Chairman Rupert Hogg said: “We are very excited to welcome HK Express into the group. We strongly believe that the acquisitio...
FACC AG started 2019 with a slight increase in revenues, but a decline in profits. Compared to the previous year, Group revenues increased moderately by 2.2 % to EUR 193.7 million in the first quarter. However, reported earnings before interest and taxes (EBIT) amounted to EUR 7.4 million and were thus, as expected and already communicated, below the level of the first quarter of the previous year...
Business aviation professionals are quite ready for big announcements during TOP important industry events. At the moment we've been true the wave of important news during EBACE, but NBAA convention is still some month ahead. However, here one more very important announcement - Dassault Aviation and RUAG announced the acquisition by Dassault Aviation of the maintenance and FBO activi...
Running now
Brazil, SANTANA
08/09/2026
United Kingdom, London
Air France-KLM today has submitted a binding offer to Parpública for the acquisition of a 44.9% to 49.9% stake in TAP Air Portugal, marking a decisive step in the airli...
