Ukraine aerospace sector’s push for Western tie-ups met with skepticism
By Valerie Insinna and Joanna Plucinska LONDON/WASHINGTON (Reuters) – Ukrainian aerospace group Motor Sich has little to show so far for a wartime effort to woo potential partners in the West, as…
Exclusive-PE firms, defense companies vie for Ball Corp’s aerospace unit -sources
By David Carnevali and Mike Stone NEW YORK (Reuters) – Private equity firms Blackstone Inc and Veritas Capital Fund Management LLC are competing against large defense companies to acquire the aerospace business…
Analysis-Smaller aerospace suppliers scramble for titanium, workers in shadow of travel boom
By Allison Lampert and Aditi Shah PARIS/NEW DELHI (Reuters) – Standing at a small booth among a row of other Japanese aerospace suppliers at the Paris Airshow, Yoko Konno is excited at…
Canada investing C$350 million to boost drive for sustainable aerospace industry
OTTAWA (Reuters) – Canada is investing C$350 million ($265 million) to help fund efforts to make the aerospace industry more environmentally sustainable, Innovation Minister Francois-Philippe Champagne said on Monday. The focus will…
Exclusive-Ball Corp explores sale of aerospace unit for more than $5 billion -sources
By David Carnevali and Mike Stone (Reuters) -Ball Corp, the world’s largest supplier of beer cans, is exploring a sale of its business that provides aerospace and national defense hardware, such as…
UK’s Melrose Industries lifts 2025 expectations on aerospace focus
(Reuters) – Melrose Industries Plc expects its engines business to power its profit margins in 2025 as aftermarket services would help boost cashflow, enabling it to buy back shares worth between 5%…
HEICO to buy Wencor for $2 billion to boost aircraft generic parts portfolio
By Abhijith Ganapavaram and Allison Lampert (Reuters) -Aerospace supplier HEICO Corp said on Monday it will buy Wencor Group in a deal valued at $2.05 billion to boost its portfolio of generic…
Small aerospace suppliers press for better protections against rising costs
By Allison Lampert, Abhijith Ganapavaram and Valerie Insinna MONTREAL/WASHINGTON (Reuters) – The CEO of Canadian aerospace supplier Abipa International would not negotiate further when a potential customer recently pressed for additional price…
Struggling aerospace suppliers may not be able to support jet output hikes – survey
(Reuters) – Meeting Boeing Co and Airbus SE’s planned jet output hikes this year will not be a “slam dunk” for the aerospace supply chain, a Morgan Stanley survey of 80 suppliers…
Aerospace engine makers work with European regulators after delays in U.S. rules
By Allison Lampert (Reuters) – Aerospace companies are pushing U.S. regulators to simplify domestic rulemaking, after delays led the country’s aircraft engine makers to a European agency to meet a global emissions…
Aerospace suppliers flag cash flow warning as jet production hits turbulence
By Abhijith Ganapavaram (Reuters) – Aerospace suppliers are staring at the prospect of dwindling cash flow as they struggle with excess inventory due to production challenges at top planemakers Boeing Co and…
Canada September factory sales flat on aerospace, metals
Nov 15 (Reuters) – Canadian factory sales were unchanged in September from August as higher sales in aerospace products and primary metals balanced out lower sales in petroleum and coal products, Statistics…
Rocket maker Firefly Aerospace looks to raise up to $300 million -sources
By David Carnevali and Joey Roulette (Reuters) – FireFly Aerospace, the U.S. rocket builder that reached orbit in space this month, joining the likes of SpaceX and Rocket Lab, is seeking up…
Raytheon quarterly revenue climbs on aerospace demand
By Mike Stone and Nathan Gomes (Reuters) – Aerospace supplier Raytheon Technologies Corp on Tuesday posted a near 5% rise in third-quarter revenue as air travel demand buoyed parts and services sales,…
Aerospace manufacturers placing orders earlier to beat parts shortages
By Allison Lampert ORLANDO, Fla. (Reuters) – The shortage of parts from chips to windshields that has held back plane production will run into at least 2023 – and manufacturers are spending…
Gulfstream Aerospace weighs G550 replacement for special missions
ORLANDO, Fla. (Reuters) – General Dynamics Corp’s Gulfstream Aerospace is weighing one of its business jets to replace its popular G550 aircraft which is now out of production for special mission purposes,…
Air Canada to buy 30 electric planes from Heart Aerospace
MONTREAL (Reuters) – Air Canada on Thursday said it would buy electric planes for the first time with the acquisition of 30 battery-powered regional aircraft from Heart Aerospace, as more airlines turn…
Acorn Growth Companies’ Portfolio Company Aerospares 2000 announces its merger with Sentry Aerospace
Aerospares 2000 Limited, an Acorn Growth Company, today announced its merger with Sentry Aerospace Corporation. Tweet this “Sentry is a leader in the aerospace aftermarket with a highly focused stocking strategy, deep…
MIAT College of Technology’s Aviation Maintenance Students Earn Top 5 Placement at Their First Aerospace Maintenance Competition in Dallas, Texas
The AMC, held in conjunction with Aviation Week Network’s MRO Americas, offers an opportunity for professionals and students in the aerospace maintenance sector to compete in a series of timed events highlighting…
UTI’s MIAT College of Technology’s Aviation Maintenance Students to Compete in Annual Aerospace Maintenance Competition in Dallas, Texas April 25-28
Ninety aircraft technician teams from around the world are scheduled to compete at the 2022 AMC. This is the first year the MIAT Mustangs will compete at AMC and are extremely honored…
Despite challenges, Asia’s aerospace industry plots rebound at air show
By Chen Lin and Aradhana Aravindan SINGAPORE – As a depleted Singapore Airshow winds down, delegates reported growing optimism as the hard-hit Asian aerospace market begins to recover despite emerging concerns around…
Leonardo and Vertical Aerospace team up on electric aircraft fuselage
MILAN – Italy’s Leonardo and UK-based Vertical Aerospace will work together to develop the fuselage for Vertical’s VX4 electric aircraft, they said on Tuesday. The two groups will design, test and manufacture…
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