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CAE | July 16, 2021
CAE stated today that it will invest C$1 billion in innovation over the next five years. The investment will go toward Project Resilience, a transformation project aimed at developing tomorrow's technologies, such as digitally immersive solutions based on data ecosystems and artificial intelligence in civil aviation, defense and security, and healthcare. CAE will also be able to position itself as a leader in end-to-end technology, operational support, and training solutions for Advanced Air...
British Airways | September 14, 2020
British Airways has begun tentatively scheduling in at least some of its A380s for service over the winter season. Routing information suggests at least six A380s could be in operation from October 25th onwards, four on transatlantic services to the US, and a pair flying down to Johannesburg. Here’s what you need to know about these flights....
Collins Aerospace | August 31, 2021
Collins Aerospace, a Raytheon Technologies business, has signed a definitive agreement to acquire privately held FlightAware, a leading digital aviation company providing global flight tracking solutions, predictive technology, analytics and decision-making tools.
Closure of the acquisition is subject to the completion of customary conditions and regulatory approvals. Following closing, FlightAware will join Collins' Information Management Services portfolio within the company...
Spirit AeroSystems | January 15, 2021
The Export-Import Bank of the United States has consented to ensure two financing bargains that will give $125 million to help aerospace work at GE Aviation and Spirit AeroSystems.
One of the deals is proposed to infuse liquidity into the striving US aerospace supply chain, while the other will help Australian airline Qantas buy seven GE motors, says the bank.
The ensures will "support" some 500 US occupations and help the "hard-hit aviation" are...
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