Swire Pacific has launched a HK$3 billion ($382 million) bid to buy out minority shareholders’ stakes in Hong Kong Aircraft Engineering Company (HAECO) and delist the MRO company. Powered by WPeMaticoContinue Reading

The US Air Force ordered the grounding of its entire fleet of B-1B Lancer bombers on 7 June due to safety concerns. Powered by WPeMaticoContinue Reading

One month before of the 10th anniversary of the programme s launch event at the Farnborough Air Show, Bombardier and Airbus executives met in Montreal to finalise an agreement to transfer the majority ownership of the CSeries aircraft family to the European manufacturer. Powered by WPeMaticoContinue Reading

If IATA was hoping that its new chairman, Qatar Airways’ Akbar Al Baker, would reveal a formerly hidden talent for diplomacy in his new role, then it has been left sadly disappointed. Powered by WPeMaticoContinue Reading

The spectre of the first Airbus A380s being unceremoniously scrapped has now become a reality, following the news that the owner of some grounded ex-Singapore Airlines aircraft has failed to secure new leases. Powered by WPeMaticoContinue Reading

Philippine Airlines’ first Airbus A350-900 has conducted its maiden flight at the airframer’s Toulouse headquarters. Powered by WPeMaticoContinue Reading

Northrop Grumman formally closed its $9.2 billion acquisition of Orbital ATK on 6 June, folding the company into its fourth business sector, a newly created unit called Innovation Systems. Powered by WPeMaticoContinue Reading

A new fleet of unmanned, vertical take-off and landing (VTOL) aircraft that could be acquired in two years and fielded by 2025 by the US Marine Corps will be tasked and equipped for a wide range of combat, surveillance and support missions. Powered by WPeMaticoContinue Reading

United Airlines has distanced itself from a demand by the Chinese government for foreign airlines to change how Taiwan is listed on their websites, calling it a “diplomatic issue”. Powered by WPeMaticoContinue Reading

Lockheed Martin has doubled a fund used to invest in start-up companies using $100 million that was made available by tax reform savings. Powered by WPeMaticoContinue Reading