SINGAPORE—Bombardier plans to boost its presence in Asia-Pacific, a move that comes after arch-rival ATR came perilously close to locking Bombardier out of the region's fast-growing turboprop market. At the same time, ATR plans to establish a global MRO network, similar to what Airbus, another EADS company, has done.
ATR in recent years has won the lion's share of new orders for turboprops.
SINGAPORE—Maintenance, repair and overhaul (MRO) firms are set to benefit from a wave of new start-up carriers in Asia.
Carriers are preparing to launch operations in an effort to capitalize on the next travel boom, but because these start-ups are small, each will be relying heavily on outside parties for line and heavy maintenance.
So, the Russians will not be getting the Vladivostok, the Mistral-class landing helicopter dock ordered from France, until some indefinite time in the future when peace has returned to the Ukraine....More
As the U.S. Navy’s vaunted Aegis combat system continues to shine during missile tests – especially for ballistic missile defense (BMD) – the system itself has become a target. For some, the best way to earn sea credit these days is to tarnish the gold-plated standard of shipboard electronic defense....More