Seabury Capital announced that its London-based Aerospace and Defense Investment Banking team assisted AkzoNobel, a global leader in aerospace coatings, during its acquisition of French aerospace coatings manufacturer, Mapaero. The acquisition is intended to strengthen AkzoNobel’...
Leonardo's Board of Directors approved the results at 30 September 2019. Alessandro Profumo, Leonardo CEO stated “The first nine months of 2019 are another important step forward on our journey: we are delivering consistently across our main businesses. We are reconfirming 2019 Gui...
Supporting its strategic decision to focus on two strong growth pillars, trains and business aircraft, Bombardier announced a definitive agreement to sell its aerostructures business to Spirit AeroSystems Holding, Inc. With this transaction, Spirit will acquire Bombardier’s aerostructures activities and aftermarket services operations in Belfast, U.K.; Casablanca, Morocco;...
After close discussions, the decision was made to cancel the contract for the Mitsubishi SpaceJet M90 – 50 firm orders with 50 options – as the variant does not meet the requirements of the United States market. Future discussions will be focused on the scope compliant SpaceJet M100 aircraft. “TSH has been a long-time proponent of our aircraft program and w...
Virgin Galactic and Social Capital Hedosophia, a public investment vehicle, announced the completion of their previously announced business combination. The resulting company is named Virgin Galactic Holdings, Inc. and its common stock, units and warrants are expected to commence trading on the New York Stock Exchange under the new ticker symbol “SPCE”, ”SPCE.U” a...
Norwegian Air announced a joint venture with China Leasing International Corporation DAC to finance, own and lease aircraft that Norwegian has on order. The agreement will strengthen Norwegian’s financials considerably. Initially, the JV comprises 27 Airbus A320 NEO aircraft to be delivered from 2020 to 2023. CCBLI will also provide aircraft financing for aircraft within th...
An amazing announcement was made today at NBAA-BACE 2019 - 1.4 billion business jet deal! Flexjet has placed a $1.4 billion order with Embraer Executive Jets for the Praetor mid- and super midsized aircraft and Phenom 300 light jets. With this purchase agreement, Flexjet becomes Embraer’s Praetor Fleet Launch Customer. Valued at up to USD 1.4 billion, at current list prices, thi...
MTU Aero Engines has built a new test center for engine parts on its Munich premises, investing an amount of more than 25 million euros in a new building and the most advanced test equipment. After two years of construction, the test center is now operational. This afternoon, Judith Gerlach, Bavarian State Minister for Digital Affairs, and MTU’s Chief Operating Officer (COO) Lars Wagner inau...
Boeing will invest $20 million in Virgin Galactic, a vertically integrated human spaceflight company. The companies will work together to broaden commercial space access and transform global travel technologies. “Boeing’s strategic investment facilitates our effort to drive the commercialization of space and broaden consumer access to safe, efficient, and environmentally responsible...
Rolls-Royce has completed the acquisition of the electric and hybrid-electric aerospace propulsion activities of Siemens (formerly known as the eAircraft business), following a period of employee consultation. The timely execution of the deal, announced in June this year, underlines the fit of these activities to our strategy to ‘champion electrification’ and will help acceler...
September 12 2019 a special ceremony at Embraer main facility in São José dos Campos was dedicated to the delivery of first E195-E2, the biggest of the three members of the E-Jets E2 family of commercial aircraft! This is the reason to celebrate for all companies who were working ot this succes - Embraer, Pratt & Whitney, AerCap and Azul Linhas Aéreas Brasileiras...
Valsoft announced the acquisition of Commsoft OASES, a leader in the aviation engineering and maintenance software market, based in Tiptree, UK. Founded as a software house in 1971, Communications Software (Airline Systems) Limited won its first airline contract in 1975 with industry innovator Laker Airways in the UK, leading to the launch of the predecessor to OASES (Open Aviation Strategic En...
During the celebration of 50th anniversary, Embraer announced US$ 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...
20/10/2026 - 22/10/2026
United States, Las Vegas
18/11/2026 - 20/11/2026
Bahrain, Sakhir
Rising production rates and the launch of new aircraft programs are driving increased demand for manufacturing capacity across the aerospace industry. To support this growth, FACC plans to i...
