Saudia Aerospace Engineering Industries (SAEI)

Defense and Space

Curtiss-Wright Corporatio | July 06, 2022

Curtiss-Wright Corporation announced that it has completed the acquisition of the Safran Aerosystems Arresting Company for $240 million in cash. SAA is a designer and manufacturer of mission-critical, fixed-wing aircraft emergency arresting systems with a strong installed base of more than 5,000 systems worldwide including sales to more than 70 countries. The acquisition of the Safran arresting systems business firmly establishes Curtiss-Wright as a leading global supplier of fixe...

Air Transport

Global Market Insights Inc. | December 17, 2021

Bristow and Overair Form Strategic Partnership to Introduce Butterfly; a Zero Emission, Low-Noise Vertical Transport Vehicle Bristow has pre-ordered 20 to 50 Butterfly aircraft and both companies will work together to develop an operations development framework focusing on vehicle design considerations, key performance parameters, FAA certification, flight planning best practices, data sharing for improvement of flight operations, connected vehicle and health monitoring strategies...

Air Transport

Embraer | November 15, 2022

The Brazilian National Bank for Economic and Social Development (BNDES) approved financing to Embraer S.A. (B3: EMBR3, NYSE: ERJ) for producing and exporting commercial aircraft manufactured by the company. The operation, in the order of R$ 2.2 billion (US$ 400 million), will be carried out through the BNDES Exim Pre-shipment, a direct bank credit line to produce national goods destined for export. BNDES operation reinforces the US$ 650 million revolving credit funding recently announced by Embr...

ch-aviation | January 16, 2020

Qatar Airways has announced a codeshare partnership with Deutsche Bahn (DB) the German railway operator, offering its passengers connections to and from eight key destinations in Germany, according to a press release issued by the airline. The Oneworld carrier currently operates 35 weekly flights between Doha Hamad Int'l and the German cities of Frankfurt Int'l (2x daily), Munich (2x daily), and Berlin Tegel (1x daily). Under the DB deal, Qatar Airways passengers will be able to connect ...