Tag: agreement

Northrop Grumman To Acquire Orbital ATK For US$9.2bn

Northrop Grumman Corporation, a leading global security company, and Orbital ATK, a global leader in aerospace and defense technologies, have entered into a definitive agreement under which Northrop Grumman will acquire Orbital ATK for approximately US$7.8bn in cash, plus the assumption of US$1.4bn in net debt. Orbital ATK shareholders will receive all-cash consideration of US$134.50 […]

New Agreement With United Airlines Increases A350 XWB Order To 45

United Airlines has increased the number of A350 XWB aircraft it will bring into its fleet, updating and expanding its previously existing order for 35 A350-1000 to 45 A350-900 widebody aircraft to replace older, less efficient aircraft, supporting future growth at the airline. The A350-900 is the cornerstone member of the A350XWB (Xtra Wide-Body) family, […]

Emirates And flydubai Join Forces With A New Agreement

Emirates and flydubai unveiled an extensive partnership which will see the two Dubai-based airlines join forces to offer customers unmatched travel options. Both airlines will continue to be managed independently, but will leverage each other’s network to scale up their operations and accelerate growth. The innovative partnership goes beyond code-sharing and includes integrated network collaboration […]

Boeing Concludes $3 Billion Iranian 737 MAX Deal

Boeing has finalized a definitive agreement with Iran Aseman Airlines for the purchase of up to 60 737 MAX commercial passenger aircraft. The deal includes firm orders for 30 737 MAXs, valued at $3 billion at list prices, and purchase rights for an additional 30 737 MAXs. The variants of the MAX series to be […]

Embraer to Partner with Uber for Electric VTOL Taxis

Embraer announced an agreement with Uber to explore the concept of an ecosystem—dubbed Uber Elevate Network—that will allow the potential development and deployment of small electric vertical take-off and landing vehicles (VTOLs) for short urban commutes. The announcement was made in Dallas, Texas, in the opening session of the Uber Elevate Summit. This preliminary partnership […]

United Airlines and Lufthansa Cargo Sign Cargo Joint Venture Agreement

United Airlines (UAL) and Lufthansa Cargo have signed a joint venture agreement for extensive cargo cooperation on routes between the U.S. and Europe. The cargo joint venture partners plan to provide a wide range of benefits to customers by cooperating on the availability of their capacity and aligning booking and handling processes. The carriers’ joint […]

Airbus Helicopters and IAR Sign an Exclusive Agreement For the H215M

Bucharest, Romania, Airbus Helicopters and IAR have signed a general agreement for an exclusive cooperation for the heavy twin engine H215M multi-role helicopter. Under this general agreement IAR will become the prime contractor for the H215M for any future order by the Romanian Ministry of Defense to replace their ageing fleet. “We are proud to […]

Delta and Korean Air to Expand Partnership

Delta Air Lines and Korean Air have reached an agreement to deepen their historic partnership, with an expanded trans-Pacific network that will increase travel choices and boost competition between the U.S. and Asia. The airlines signed a memorandum of understanding to implement a joint venture arrangement, which will offer customers access to the most comprehensive […]

CityJet Confirms Order For Four Additional CRJ900 Aircraft

Bombardier Commercial Aircraft announced that Dublin-based regional carrier, CityJet has exercised the four options that were part of a purchase agreement announced on February 1, 2017. That agreement included a firm order for six CRJ900 aircraft and options for four more. Upon delivery, the aircraft will operate under wet lease in the SAS network. Based […]

AAR To Service IndiGo A320 Landing Gears

U.S. aftermarket specialist AAR has signed an agreement with Indian carrier IndiGo to provide support for landing gear overhaul services on its fleet of Airbus A320 aircraft. The contract will cover up to 49 landing gear full ship sets, as well as assemblies and subassemblies, over a five-year period. It expands on an existing component […]