(Reuters) – Aerospace supplier Triumph Group said on Thursday it would sell its components aftermarket business that makes structures, airframes and engine accessories to AAR Corp for $725 million, sending…
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…
By Pratyush Thakur (Reuters) – Aerospace giant RTX Corp on Monday told airlines hundreds of their Airbus jets would be grounded at any one time in coming years to check…
By Dhwani Pandya MUMBAI (Reuters) -Godrej Aerospace is in talks to build aircraft parts for suppliers to Airbus and Boeing as airlines place record jet orders, a top executive at…
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…
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…
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…
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,…
(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…
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…
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…
(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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…