Infotech Enterprises said today it expects to acquire a European aerospace services company for about $20 million, later this year. The firm is in talks with 3-4 firms valued between $10-20 million ...
Cathay Pacific has signed a multi-million dollar contract to implement IBS' new generation solution iFly Staff to automate and improve the management of employee travel. Sister airline Dragonair wi...
Boeing says its hopes to earn $130 billion from India over the next 20 years. Better than expected performance in the country for Boeing, has led to the increase over the $100 billion projected las...
Delta Air Lines will soon have a premium economy section on all long-haul international flights and full flat-bed seats on all international widebody aircraft by 2013. The new economy comfort seat...
Airbus has awarded a contract for Magellan Aerospace to supply detail components for the A350 XWB. The contract will provide more than US$20 million of revenue over 10 years, Magellan said yesterday. ...
South African Airways (SAA) has taken delivery of a new A330-200 yesterday, which is the first of six new aircraft being added to its fleet. President Jacob Zuma is expected to receive the Airbus wh...
Shares in distribution company Umeco rose by 8% today after reports that it was planning to sell the aerospace supplier Pattonair for over £200 million. Analysts say that such a disposal would tran...
Boeing has confirmed that is has dropped an order for 32 737s from its backlog, although it has added contracts for 10 more aircraft. The identity of the airlines concerned have not been revealed bu...
Airbus has stated that it was forced to cancel Indian start-up carrier Flyington Freighters' order for 12 A330-200Fs because it did no meet the pre-delivery payments. "Every deal is important to u...
In a sharp turnaround, it has been announced that the Kremlin is planning on acquiring two Airbus aircraft. The Russian government traditionally only flies and owns Russian aircraft but most of the...
The 767 can continue to sell well as an airliner whether or not the company wins the U.S. Air Force tanker contract, Boeing Commercial Airplanes chief Jim Albaugh stated yesterday. Standing in fron...
Boeing has revealed that South African regional carrier Comair had placed an order for eight new 737s. The aircraft are for Comair's low-fare airline, kulula.com, which operates a fleet of ten 737s,...
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