Airbus ́ HAPS Connectivity Business has signed a strategic partnership with Salam, a leading Saudi telecommunications and ICT company and part of the Mawarid Media & Communications Group (MMCG), to progress the development of private networks, IoT (...)
SAMI Composites LLC, a wholly owned subsidiary of SAMI, the Saudi defense national champion, announced that it has signed an agreement with Lockheed Martin, a leading global security and aerospace company, to develop a Composites Manufacturing (...)
The Aviation and Space Systems Sector, an affiliate of Saudi Arabian Military Industries (SAMI) company, the national pioneering conglomerate in defense industries, a wholly-owned subsidiary of the Saudi Investment Fund of the Kingdom of Saudi (...)
The Saudi Arabian Military Industries (SAMI) company, the national pioneering conglomerate in defense industries, a wholly-owned subsidiary of the Saudi Investment Fund of the Kingdom of Saudi Arabia, has signed a number of agreements with the (...)
When a freak English summer storm flooded exhibition halls at this week's Farnborough Airshow, the stiff-lipped announcer told sodden aerospace executives: "Please do not panic: we will not evacuate at this stage."
It was a message meant to (...)
Europe's Airbus on Tuesday cut the delivery target for its A380 superjumbo to 12 a year from 2018, down from 27 in 2015 and about half what is projected for this year, to prevent a glut of unsold planes as airlines shun the industry's behemoths, (...)
Flying over the white cliffs of Dover, the two pilots of a Gulfstream 450 jet keep their eyes glued to a flight-deck display, ignoring the almost cloudless sky over the southern coast of England on their descent to a nearby runway.
Honeywell (...)
There was an even louder sound than the roar of jet engines during the daily flying display at the Farnborough International Airshow this week - a collective sigh of relief from the civil aviation industry.
New plane orders of almost $29 billion (...)
There was an even louder sound than the roar of jet engines during the daily flying display at the Farnborough International Airshow this week - a collective sigh of relief from the civil aviation industry.
New plane orders of almost $29 billion (...)
General Atomics, which has already sold 435 Predator drones in recent years, sees growing demand for its unmanned planes, including a high-flying new successor to the Predator being considered by the US Navy for use on aircraft carriers as soon as (...)
The stream of plane orders continued at the Farnborough International Airshow on Tuesday, taking the tally past $21 billion and underscoring hopes of a resurgence in the aviation sector after a painful two-year downturn.
The deals at Farnborough, (...)
Arch rivals Boeing Co. and Airbus announced new orders worth almost $13 billion at the start of the Farnborough International Airshow on Monday, raising hopes that the aviation industry is on the way back up after a dire two-year slump.
The (...)
European regional airline 'Flybe' says it has signed a contract to buy 35 Embraer 175 aircraft from the Brazilian manufacturer in a $1.3 billion deal.
Flybe said Tuesday at the Farnborough International Airshow that it also signed up for options on (...)
Air Lease Corp. has placed a firm order for 51 Airbus aircraft with a list price of $4.4 billion.
The recently formed aircraft financing and leasing company has ordered 20 A321 aircraft and 31 A320s.
The deal was announced by both companies Monday (...)
Qatar Airways CEO Akbar Al Baker says his company has ordered three business jets from Canadian manufacturer Bombardier.
In a press conference Monday, he announced an order for two Global 5000 aircraft and _ a last minute addition _ a Challenger (...)
Boeing Co.'s highly anticipated _ and long delayed _ 787 jetliner has made its international debut _ landing Sunday in England to be the star attraction at the Farnborough International Air Show.
The airliner, the first passenger jet to be largely (...)
Jeddah-based Aircraft Accessories and Components Company Ltd (AACC) has selected Messier Services, member company of the Safran group, to provide a turnkey solution in support of the development of a military and civil landing gear MRO shop, as part (...)
It looks like the ultimate new video game: the operator on the comfortable leather chair uses dextrous thumbs on a hand-held console to maneuver an aircraft, whose trajectory is shown on three large flat screens.
But the chair is for a qualified (...)
Jeddah-based Aircraft Accessories and Components Company Ltd (AACC) has selected Messier Services, member company of the Safran group, to provide a turnkey solution in support of the development of a military and civil landing gear MRO shop, as part (...)
It looks like the ultimate new video game: the operator on the comfortable leather chair uses dextrous thumbs on a hand-held console to maneuver an aircraft, whose trajectory is shown on three large flat screens.
But the chair is for a qualified (...)
Saudi Arabian Airlines has ordered CFM56-5B engines worth $300 million to power 22 new Airbus A320 planes. Commercial aircraft engine maker CFM International is a 50/50 joint venture between Safran group's Snecma and General Electric. Saudi Arabian (...)
GE Aviation tallied nearly $4 billion (list price value) in aviation products and services at the Farnborough International Airshow.
The sales span across the jet engine product lines of GE and CFM International, the 50/50 joint company of GE and (...)
European plane maker Airbus kept ahead of its US rival Boeing on Wednesday in the order tally at the Farnborough International Airshow, where leasing companies and Asian and Middle Eastern airlines have been top customers.
Airbus increased its (...)
European plane maker Airbus booked orders for 143 planes Tuesday at the world's biggest air show, while Boeing Co. reassured the industry that its previously delayed 787 jetliner remains on schedule.
In other deals on the second day of the (...)
FlyDubai kicked-off the Farnborough Airshow on Monday by announcing a $4.0 billion-deal for 54 single-aisle Boeing 737 passenger jets, as Gulf states reap the benefits of soaring oil prices.
New low-cost carrier FlyDubai, announcing its first ever (...)