Turkish Airlines signed a Definitive Agreement for Pratt & Whitney’s PW1100G-JM engines to power its order of 92 firm A321neo aircraft, the largest engine order in Turkish Airline’s history. The order was originally announced during the 2015 Paris Air Show…
Yesterday the FT published an interesting story about how the UK is concerned with Rolls-Royce. The company has come under pressure with missing its numbers. Today came news that two senior managers are leaving the firm. Yesterday the FT also…
[UPDATE: The MC-21 orders that are intended for Aeroflot would be provided under a leasing deal via the UAC’s Rostehnologii. A total of 85 orders are booked of which 35 are slated for Government VIP service with those powered with…
Airbus announced that its A320neo, powered by Pratt & Whitney PurePower® engines, has received joint Type Certification from the Federal Aviation Administration (FAA) and from the European Aviation Safety Agency (EASA). “Today’s announcement marks a significant milestone for the Airbus…
Last week reports surfaced regarding an investigation being conducted by the European Commission (EC) regarding a competition probe in the aviation maintenance sector. According to reports, it centers about provisions in engine service contracts, and both Rolls Royce and SAFRAN…
Aerospace is a big business but it is an industry increasingly consolidated. Big business yes, but a shrinking industry for sure. The recent July deal by UTC to sell its Sikorsky helicopter unit to Lockheed Martin for $9bn is an…