EDGE, Indra sign pact to establish Spanish loitering munition joint venture
United Arab Emirates defence house EDGE has signed an agreement with Spanish company Indra “focused on the development, production and lifecycle support of loitering munitions and smart weapons for Spanish and European defence programmes”.
Swedish military to field first space-based ISR capability this year
Sweden has signed deals with Finland’s ICEYE and Planet Labs of the USA to field a space-based intelligence, surveillance and reconnaissance (ISR) capability from later this year.
Matthieu Louvot takes top job at Airbus Helicopters as Bruno Even leaves after eight-year stint
Bruno Even has stepped down as chief executive of Airbus Helicopters, effective from 1 April, to be replaced by Matthieu Louvot, currently executive vice-president for strategy at the wider Airbus group.
Moscow Domodedovo airport put up for auction after government seizure
Russian authorities have put Moscow Domodedovo up for auction, after the facility was seized by the government during a legal tussle with its previous owners.
Airbus still in talks with P&W over ‘foreseeable’ A320neo engine-supply volumes
Airbus’s commercial aircraft chief executive, Christian Scherer, has indicated that the airframer has yet to reach agreements over upcoming engine supply with Pratt & Whitney.
Airbus exceeds revised delivery target but total stays below 800
Airbus delivered 793 commercial aircraft last year, just above its target of 790 – although this had been a downward revision of its original aim of 820.
Eastern Airways administrators line up partial resurrection through Air Kilroe sale
Insolvency specialists handling the collapse of Eastern Airways are hopeful the carrier can live on, at least in some form, through a rescue of sister company Air Kilroe, which held the carrier’s fleet and air operating certificate (AOC), among other assets.
Ex-Red Wing chief’s firm takes over three Volga-Dnepr Group companies
Russia’s state register of legal entities indicates that three divisions of Volga-Dnepr Group have been acquired by a company headed by the former chief of carrier Red Wings.
IAG names successor as finance chief Cadbury steps down
British Airways and Iberia parent company IAG’s chief financial officer, Nicholas Cadbury, is to step down from his post this year.
Turkish Airlines embarks on major infrastructure projects including cargo and MRO centres
Turkish Airlines has participated in groundbreaking ceremonies for multiple infrastructure projects including Turkish Technic’s engine maintenance centre and the next phase of a major air cargo facility at Istanbul.
