skf divests non core aerospace operation for usd 220 million

SKF divests non-core aerospace operation for USD 220 million

SKF is committed to creating a more focused and resilient company to serve its customers even better and accelerate profitable growth.
ga telesis signs definitive purchase agreement to acquire 23 airbus a320ceo and a321ceo aircraft from spirit airlines

GA Telesis Signs Definitive Purchase Agreement to Acquire 23 Airbus A320ceo and A321ceo Aircraft from Spirit Airlines

GA Telesis, LLC, a global leader in commercial aviation and aerospace solutions, today announced it has signed a definitive purchase agreement and secured the necessary corporate approvals to acquire 23 used Airbus A320ceo and A321ceo aircraft from Spirit Airlines, Inc.
vietjet inks 11 billion deal with us aerospace firm honeywell

Vietjet inks $1.1 billion deal with US aerospace firm Honeywell

Vietjet and Honeywell Aerospace Technologies have signed a deal for $1.1 billion to provide avionics and aviation technical services for the airline's fleet.
hanoi hosts first aerospace defence manufacturing innovation day

Hanoi hosts first Aerospace & Defence Manufacturing Innovation Day

The Vietnam National Innovation Centre (NIC) and Kami Technology Manufacturing Corporation (KMTC) opened the nation’s first Aerospace & Defence Manufacturing Innovation Day on July 2.
airbus says will buy major activities of subcontractor spirit

Airbus says will buy 'major activities' of subcontractor Spirit

European aerospace giant Airbus said Monday it would buy "major activities related to Airbus" from subcontractor Spirit AeroSystems, as US rival Boeing said it was going to take over the bulk of the group's operations.
boeing intent to turn safety corner

Boeing intent to turn safety corner

Aircraft manufacturer Boeing has committed to goals for global aerospace safety, innovation, diversity, and community engagement.
malaysian airlines to charge carbon levy soon

Malaysian airlines to charge carbon levy soon

Malaysia is gearing up for greener skies once the carbon levy collection by the airlines comes into effect as soon as the Malaysian Aviation Commission (MAVCOM) makes the necessary review, according to Assoc Prof Major Dr Mohd Harridon Mohamed Suffian, an aviation and aerospace expert.
kp aero industries to build 20 million aerospace component factory in danang

KP Aero Industries to build $20 million aerospace component factory in Danang

South Korea's KP Aero Industries Co., Ltd. will pour $20 million into an aerospace component assembly facility for Boeing in Danang.
airbus targets vietnam for supply chain expansion

Airbus targets Vietnam for supply chain expansion

Airbus, the French aerospace giant, is set to deepen its supply chain presence in Vietnam, aligning with its commitment to sustainable growth.
ge transformation journey

GE transformation journey

General Electric (GE), a 130-year-old industrial conglomerate known for its innovations in energy, aviation, and healthcare, is embarking on a transformative journey that will see it split into three independent companies. This strategic shift marks a significant chapter in GE's storied history, underpinned by a carefully orchestrated communication strategy to navigate this complex transition.
ge spinoffs goal to resonate at a local level

GE spinoff's goal to resonate at a local level

Last year, General Electric underwent a significant transformation by splitting into three separate companies: GE HealthCare, GE Vernova, and GE Aerospace. As the spinoff unfolds in the Vietnam market, Rania Rostom, head of GE's Global Communications and Marketing, talked to VIR’s Linh Le about the profound implications and shared insights on the company’s strategies during this pivotal phase.
brazils aerospace firm embraer targets expansion in vietnam

Brazil's aerospace firm Embraer targets expansion in Vietnam

Brazil's aerospace leader Embraer is strategically extending its operations in Vietnam, reflecting a wider ambition to intensify Brazil-Vietnam trade and technological partnerships.
indonesia exports aircraft to thailand

Indonesia exports aircraft to Thailand

The Indonesian state-owned aircraft manufacturer, Indonesian Aerospace also known as PT Dirgantara Indonesia (PTDI), has handed over one NC212i aircraft to Thailand at Hatyai international airport.
malaysia signs important deals at lima 2023

Malaysia signs important deals at LIMA 2023

Malaysia's Defence Ministry announced on May 26 that it has signed 43 agreements worth 10.1 billion RM (2.2 billion USD) with partner during this year’s 16th Langkawi International Maritime and Aerospace Exhibition (LIMA).
malaysia eyes to become regional aerospace maritime hub

Malaysia eyes to become regional aerospace, maritime hub

Malaysian Prime Minister Datuk Seri Anwar Ibrahim has said that the 2023 Langkawi International Maritime and Aerospace (LIMA ’23) exhibition will reinforce Malaysia as a regional hub for the aerospace and maritime industries.