Rolls-Royce has revealed plans to build on its share of the Chinese market after the first Airbus A350 aircraft powered by its Derby-built Trent XWB engine landed in the country. Sichuan Airlines has ordered an Airbus 350 and will start using the aircraft later this month (August). China is the world’s second-largest civil aviation […]
Theresa May is to promise extra investment for the aerospace industry, just days after Airbus threatened to reduce its UK presence because of Brexit disruption. The prime minister will also say that her Brexit plan will secure millions of aviation jobs in Britain.
The developing trade war between the US and Europe over steel and aluminium tariffs is raising concerns in the aircraft leasing industry that tit-for-tat levies could spread to the booming aviation finance industry. Peter Barrett, chief executive of the fourth biggest leasing company, SMBC was entering new territory after the EU this week confirmed it […]
New processes for etching aluminium and titanium parts is helping a Shropshire manufacturer of precision photo etched metal components smash the £5m barrier for the first time in its history. Advanced Chemical Etching (A.C.E), which is located on Hortonwood in Telford, has seen sales soar by 20% over the last twelve months, with new […]
A £60m nuclear submarine contract awarded by the Ministry of Defence is set to secure the jobs of 700 people at Rolls-Royce’s Derby plant. The MoD has said it is spending £960m on the second phase of construction for the UK’s four nuclear-armed Dreadnought submarines. £900m will got to BAE Systems, with the ‘remaining £60m […]
The University of Sheffield Advanced Manufacturing Research Centre (AMRC) and global aviation supplier GKN Aerospace have entered into a long-term partnership to work together on developing advanced technologies for the aerospace industry. The AMRC works closely with global leaders in the aerospace industry to develop innovative technology, manufacturing methods and techniques. The AMRC has signed […]
Rivals Airbus and Dassault Aviation have struck a deal to develop and produce Europe’s next generation of fighter aircraft. The two companies said their European Future Combat Air System (FCAS) would replace the existing planes by 2040. The French and German governments have yet to set out their exact requirements for the programme, which […]
In 2017, aircraft deliveries were worth up to £29bn to UK industry as manufacturers in this country and around the world again raised their production rates to set a new annual record. Both orders and deliveries in December provided an end of year surge that broke a series of industry records, according to figures from […]
European aerospace manufacturer Airbus has been forced to pay a large one-time pay-out for delays to its much-maligned A400M program. The company announced in its full-year 2017 report that it would have to make a payment of €1.3bn($1.4bn) in order to mitigate the “impact of the adaptions on schedule, capabilities and retrofit” for the aircraft. […]
Airbus has struck its biggest single deal with an order for 430 aircraft worth $49.5bn at list prices from US investment firm Indigo Partners. Indigo, whose interests include Europe’s Wizz Air, US-based Frontier, and Mexico’s Volaris, will buy Airbus’s A320neo family of aircraft. The order on the penultimate day of the Dubai Airshow comes […]
