Airbus Completes Sale of Vector Aerospace to StandardAero

Toulouse, 3 November 2017 – StandardAero Aviation Holdings, Inc. (“StandardAero”) and Airbus SE (“Airbus”) today announced that they have finalized the acquisition by StandardAero of Vector Aerospace Holding SAS (“Vector”) from Airbus. ..

Boeing, Air China Celebrate Delivery of China’s First 737 MAX 8 National flag carrier becomes first Chinese 737 MAX operator

SEATTLE, Nov. 3, 2017 /PRNewswire/ -- Boeing [NYSE:BA] and Air China today celebrated the delivery of the airline's first 737 MAX 8. China's national flag carrier is the first airline in the country to receive the 737 MAX. Customers throughout China ..

Lockheed Martin Awarded $158.5 Million Upgrade Contract for Germany P-3C Orion Aircraft

OWEGO, N.Y., Nov. 1, 2017 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) received a $158.5 million contract for the second phase of the German Navy P-3C Mission System Refresh program. The program will upgrade the mission system processing suites on th..

Embraer and American Airlines Sign a Contract for Ten E175s

São José dos Campos, Brazil, October 31st, 2017 – Embraer and American Airlines Inc. signed a firm order for ten E175 jets. American Airlines is exercising its purchase rights from its original contract with Embraer signed in 2013. This new order..

Business aviation increases enterprise value of Canadian corporations

October 31, 2017….A new study examining Canada’s TSX 60 corporations shows that corporate business aviation users on average, outperformed non-users by 43% on top-line revenue growth.   The North American-wide findings were release in ..