Industry
12,171 news found
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
IndustryBOEING TO PURCHASE HAWKER DE HAVILLAND
AUSTRALIA, Boeing is to take over australian aviation firm Hawher de Havilland for an undisclosed price. The deal will increase capacity to manufacture components for Boeing aircraft on australian... more
IndustryBOEING PROFITS UP 28 PERCENT
SEATTLE, boeing aerospace industry, despite a drop in revenues of 10,6 percent compared with last year, rose profits 28 percent in the third quarter of 2000. The company's military aircraft and missiles... more
IndustryAASI JETCRUZER 500 TO BE SHOWCASED AT AOPA CONVENTION
LONG BEACH, CA, Advanced Aerodynamics and Structures Inc. (AASI) announced today it will display its new JETCRUZER 500(TM) at Aircraft Owners and Pilots Association (AOPA) convention taking place in Long... more
IndustryJET AVIATION TAKES RESPONSABILITY FOR BOEING’S OWN BBJ
NEW ORLEANS, Jet Aviation Base will complete a Boeing Business Jet that the airframer will use "as a corporate workhouse" to demonstrate the capabilities of the aircraft to potential customers. The Boeing... more
IndustryAN ALL SOLD OUT SITUATION FOR CESSNA
NEW ORLEANS, Cessna closed out the third quarter with an order backlog of $6,1 billion. Deliveries are completely sold out for this year and for 2001. Gary Hay, Cessna CEO, said they are doing everything... more
IndustryROLLS-ROYCE WINS ORDER TO UPGRADE ATA FLEET
LONDON, Rolls-Royce has been chosen by American Trans Air to upgrade the RB211 engines on its fleet of Lockheed L1011 Tristars. The contract worths $63 million and it includes spare engines. The deal... more
IndustryBOEING-UPS AGREEMENT FOR PASSENGER TO CARGO AIRCRAFT MOD
SEATTLE, USA, U.S. Boeing co. probably will announce for the end of the year the deal with United Parcel Service in order to convert 30 MD-11 aircraft from passenger to cargo. The transaction, worth about... more
IndustryTAG AVIATION IS EXPANDING
NEW ORLEANS, Tag Aviation's fleet has grown by 39 aircafts since the beginning of the year. Moreover five global Express in completion will be delivered before the end of the year. A few additional contracts... more
IndustryRAYTHEON, CESSNA AND SOCATA RECEIVE FIRM ORDERS
NEW ORLEANS, The business belongs not only to the two giant of aeronautical worlds, Boeing and Airbus. Also the others have found that NBAA is a very fertile ground for aircraft orders. Raytheon Aircraft... more
IndustryBOMBARDIER IS ON TRACK FOR ROLLOUT OF CONTINENTAL THIS COMING SPRING
NEW ORLEANS, Development of the Bombardier Continental Business Jet is proceeding as planned. The final assembly will be made Learjet in Whicita. The aircraft is expected to be completed for next spring.... more
IndustryAIBUS DESIGNATED IAE ENGINE FOR ACJ
NEW ORLEANS, International Aero Engines became engine of choice for Airbus Corporate Jetliner with its V2500 series. This engine, rated at 27.000 lb-thrust, will power 26 of the 32 ACJ ordered to date.... more
IndustryAIRBUS HAS DELIVERED FOUR A319CJ
NEW ORLEANS, Airbus has delivered four A319CJs : one to the italian Air Force, one to Al Kharafi Group, one to an unnamed customer, the fourth to Daimler Chrysler. Six aircrafts will be delivered this... more
IndustryFOKKER SELECTED TO BUILD PARTES OF CESSNA SOVEREIGN
NEW ORLEANS, Dutch aircraft company Fokker Aerostructures has been selected by Cessna Aircraft to build tail section of the Citation Sovereign bizjet, and provide technical and engineering support. Fokker... more
IndustryNEW AVEX PLACES ORDERS FOR 31 SOCATAS
NEW ORLEANS, Socata's distributor in the Western United States has ordered 10 TBM 700 turboprops, 10 TB 20 Trinidads, 10 TB 21 Trinidads and one TB 10 Tobago GT. All the aircrafts will be delivered next... more
IndustryNEW ORDERS BOOST EMBRAER'S LEGACY JET
NEW ORLEANS, Demand for Embraer's new business jet Legacy is getting very strong. The company has doubled its sales forecast to 240 over the next ten years. The $19 million large cabin aircraft will make... more
IndustryPIAGGIO AMERICA SIGNED AGREEMENT WITH JETWORK
NEW ORLEANS, Steve Hanvey, president and CEO of the new Piaggio America, revealed that the company signed an agreement with JetWorks in Dallas to provide maintenance and service for Avanti operators in... more
IndustryGALAXY AEROSPACE PROMOTES NEW INITIATIVES
NEW ORLEANS, Galaxy Aerospace is promoting several new initiatives for customers of their business jet, as guaranteeing operating costs. The company will also provide a back-up aircraft in case of... more
IndustryDAIMLER CHRYSLER EXPANDS ITS FLEET
NEW ORLEANS, Daimler Chrysler Aviation added two more jets to its aircraft fleet, bringing the total to 11. The company doubled its operations since the beginning of the year and it is based at Oakland... more
IndustryVERY PROFITABLE PERIOD FOR NEW PIPER AIRCRAFT
NEW ORLEANS, Chuck Suma, president and CEO of New Piper Aircraft said it was a "fantastic "year" for the company. Over $200 of total revenues and 425 aircraft delivered. The president added that the... more
IndustryJETCRUZER HOPES TO GAIN CERTIFICATION IN JUNE 2001
NEW ORLEANS, AASI hopes to gain FAR Part 23 certification for the new Jetcruzer 500 next June. First deliveries are scheduled for the third quarter of next year and the initial production will be of 130... more
IndustrySINO SWEARINGEN SJ130-2 POISED TO FLY IN FINAL CONFIGURATION
NEW ORLEANS, Sino Swearingen is supposed to fly the first conforming prototype of its new SJ130-2 business jet within a couple of weeks. The aircaft already had firm orders for 175 copies and it will cost... more
IndustryBOMBARDIER ENTERS THE E-COMMERCE ERA
NEW ORLEANS, Bombardier announced that it will launch an e-business portal in the first quarter of 2001. It will encompass virtually every aspect of the company's corporate activities. It will be possible... more
IndustryCESSNA SCORES 21 SHIP ORDERS IN LATIN AMERICAN MARKET
NEW ORLEANS, Cessna announced yesterday at a press conference a sale of 21 aircrafts to the Latin American market. Brazilian company TAM, Taxi Aero Marilia, ordered three CJ1, cinque CJ2, an Encore, three... more