(IN BRIEF) The German military, Bundeswehr, has awarded Rheinmetall a significant contract worth nearly €50 million for over 470,000 decoy flares from Rheinmetall’s Birdie product line. These infrared decoy flares are used to distract incoming infrared-homing guided missiles and simulate … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Aircraft Decoy Flares, Bundeswehr, partnership, Rheinmetall, sustainability
(IN BRIEF) The European Commission and the European Investment Fund (EIF) are collaborating to launch a €175 million Defence Equity Facility, aimed at supporting innovation in the defence sector. The EIF will provide equity funding to venture capital and private … Read the full press release
Posted in Aviation & Aerospace, Defence, European Union, Government, Industrial, Investment, Security & Safety, Technology
Tagged aerospace, CASSINI Fund, Defence, Defence Equity Facility, EIF, EU Defence Innovation Scheme, EUDIS, European Defence Fund, InvestEU, Kris Peeters, Roger Havenith, SECURITY, Strategic European Security Initiative, The European Commission, Thierry Breton
(IN BRIEF) Taiwanese airline EVA Air has confirmed its order for 18 long-range A350-1000s and 15 single-aisle A321neo aircraft from Airbus. This decision marks EVA Air as the latest global airline to choose the A350-1000 for its long-haul operations and … Read the full press release
(IN BRIEF) London Gatwick Airport has made history by inaugurating the world’s first Electric Forecourt® – a dedicated electric vehicle (EV) charging station developed by GRIDSERVE. Situated on the approach to the South Terminal, this cutting-edge facility offers 30 charging … Read the full press release
Posted in Automotive, Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Bronwen Jones, charging station, Electric Forecourt®, electric vehicle, GRIDSERVE, London Gatwick, partnership, sustainability, Toddington Harper, VINCI Airports
(IN BRIEF) Ipsotek, a leader in AI-powered video analytics solutions, has been awarded three contracts to deploy advanced technology at Cluj, Sibiu, and Satu Mare airports in Romania. These contracts were obtained in collaboration with UTI Construction and Facility Management … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania, Technology
Tagged AI Video Analytics, Atos, Ipsotek, partnership, Romanian Airports, sustainability, UTI Construction and Facility Management (UTI CFM)
(IN BRIEF) DHL, a global logistics leader, has collaborated with space technology company Astrobotic to make lunar deliveries a reality. As part of NASA’s Commercial Lunar Payload Services initiative, the Astrobotic Peregrine Lunar Lander successfully launched from Cape Canaveral, Florida, … Read the full press release
(IN BRIEF) On November 28, 2023, a groundbreaking achievement took place as the world’s first 100% Sustainable Aviation Fuel (SAF) transatlantic flight by a commercial airline successfully landed at New York JFK after departing from London Heathrow. Kuehne+Nagel, a key … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Transportation & Logistics
Tagged Kuehne+Nagel, partnership, Sir Richard Branson, sustainability, sustainable aviation fuel, Transatlantic Flight, Virgin Atlantic, Yngve Ruud
(IN BRIEF) Airbus has celebrated the successful delivery of its inaugural Airbus A321neo from its advanced A320 Family Final Assembly Line (FAL) in Toulouse. This milestone marks the start of the production ramp-up at the new facility, emphasizing Airbus’ commitment … Read the full press release
Posted in Aviation & Aerospace, Business, Financial, France, Government, Industrial, Investment, Management, News
Tagged A320, A321neo, Airbus, Final Assembly Line (FAL), partnership, Toulouse
(IN BRIEF) Airbus SE has provided an update on its share buyback transactions, which are carried out in accordance with Regulation (EU) No 596/2014 of the European Parliament and the Council. These transactions are part of a share buyback program … Read the full press release
(IN BRIEF) Lagardère Travel Retail is set to enhance the food and beverage offerings at Varna and Burgas international airports from 2025 as it takes on the management of the Foodservice Master Concession. This transformation will introduce new concepts from … Read the full press release
Posted in Aviation & Aerospace, Business, Economy, Financial, Food & Beverage, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Retail, Travel
Tagged Burgas Airports, Food and Beverage, Fraport Twin Star Airport Management, Lagardère, Mladen Yordanov, partnership, retail, sustainability, travel, Varna Airports
(IN BRIEF) The German Bundeswehr has signed a contract with Airbus Helicopters for the acquisition of up to 82 multi-role H145M helicopters, comprising 62 firm orders and 20 options. This order is not only the largest ever for the H145M … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Transportation & Logistics
Tagged acquisition, Airbus, Bruno Even, German Bundeswehr, H145M, helicopters, partnership, sustainability
(IN BRIEF) Japan Airlines (JAL) has taken delivery of its first Airbus A350-1000 aircraft, marking a significant addition to the airline’s international fleet. The A350-1000 will initially operate on the Tokyo Haneda – New York JFK route. JAL’s A350-1000 is … Read the full press release
Posted in Aviation & Aerospace, Business, Economy, France, Industrial, Management, News, Travel
Tagged A350-1000, Airbus, flights, International Routes, Japan Airlines, New York, partnership, Tokyo
(IN BRIEF) STMicroelectronics has introduced the VL53L8CX, its latest-generation 8×8 multizone time-of-flight (ToF) ranging sensor, designed for various applications including human-presence sensing, gesture recognition, robotics, and industrial uses. The sensor features a 940nm vertical cavity surface emitting laser (VCSEL), a … Read the full press release
(IN BRIEF) Dassault Aviation has extended its utilization of Dassault Systèmes’ 3DEXPERIENCE platform, hosted on a sovereign cloud, to enhance the maintenance, repair, and overhaul (MRO) processes for its Rafale aircraft fleet serving the French Ministry of Armed Forces. The … Read the full press release
(IN BRIEF) Thales has been awarded a contract to supply the Royal Malaysian Air Force (RMAF) with the GM400α long-range radar system, including complete station infrastructure. The award ceremony, attended by the Ministers of Defence of Malaysia and France, followed … Read the full press release
(IN BRIEF) Austria’s Ministry of Defence has awarded Rheinmetall a contract worth €532 million (excluding value-added tax) for the comprehensive modernization of its existing Skyguard air defense systems, as part of its “Mission Forward” rearmament program. This ambitious project includes … Read the full press release
(IN BRIEF) Airbus SE has reported a series of share buyback transactions as part of its ongoing share buyback program, initiated on November 20, 2023. The purpose of this program is to partially fund Airbus’ Employee Share Ownership Plan (ESOP). … Read the full press release
Posted in Aviation & Aerospace, Business, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Airbus SE, employee share ownership plan, Financial, investment, share buyback
(IN BRIEF) Thales Alenia Space, a joint venture between Thales and Leonardo, has inked a multi-mission agreement with PT Len Industri to develop an advanced Earth observation constellation featuring both radar and optical sensors for the Indonesian Ministry of Defence … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, France, Government, Industrial, Investment, Management, News, Technology
(IN BRIEF) Global air cargo demand increased by 3.8% in October 2023 compared to the same month in 2022, marking the third consecutive month of stronger year-on-year demand, according to the International Air Transport Association (IATA). However, capacity, measured in … Read the full press release
Posted in Aviation & Aerospace, Business, Economy, Industrial, Management, News, Switzerland, Transportation & Logistics, Travel
Tagged air cargo, flights, IATA, travel, Willie Walsh
(IN BRIEF) Airbus has commenced full-scale production of the Galileo Second Generation (G2) satellites at its facility in Friedrichshafen, Germany. The first satellite flight model structure has arrived from Beyond Gravity in Zurich and will undergo final integration and testing … Read the full press release
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