Chairman Helmuth Ludwig explained the personnel changes stem from the board’s desire to “to unlock the potential of Circor and accelerate progress on our strategic priorities.”
Seasoned dealmakers say late 2022-early 2023 could see a long-awaited—and potentially dramatic—revival in commercial aero M&A among small and midsized enterprises.
Texel Air, an established airline and MRO based Bahrain, has celebrated the launch of the latest addition to its fleet and the very first for the region, a 737-800 Boeing Converted Freighter.
Gaël Méheust, chief executive of engine maker CFM talks to Mark Pilling about the company’s current focus on its RISE programme – Revolutionary Innovation for Sustainable Engines – and its goal to bring increasingly efficient and sustainable engines.
Embraer has agreed to sell its Evora site in Portugal to Spanish aerostructures specialist Aernnova for $172 million in the hope that the facility can attract business from other aircraft manufacturers while reducing Embraer’s exposure in aircraft components.
Airbus is keeping a close eye on the COVID-19 situation in China’s Tianjin, home to the airframer’s only final assembly line in Asia, after authorities ordered a partial lockdown of the city in response to the detection of 40 cases linked to the omicron variant.
The plan to fix the KC-46’s troubled Remote Vision System (RVS) is delayed as the U.S. Air Force and Boeing try to work through a longstanding issue with the aircraft’s panoramic visual system.
Eaton, a mid-tier aerospace and defense supplier, has acquired Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components used in electric vehicle, energy management, industrial and mobility markets.
Saudi Arabia’s Power for Defense Technologies Company (PDTC), has signed an agreement with Navratana Defense PSU, Bharat Electronics Limited (BEL) India, to bring India and Saudi Arabia closer through the promotion of defence and aerospace technologies.
Airbus has unveiled Airbus Atlantic, a wholly owned subsidiary that starts off as the No. 2 aerostructures provider in the Western business world as measured by annual sales.
