Geneva, The International Air Transport Association (IATA) reported that full year 2011 passenger demand rose 5.9% compared to 2010, in line with long-term growth trends.
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Botucatu, Brazil the Ipanema agricultural aircraft reached 1,200 units delivered. In 2011, 58 of the aircraft were sold in Brazil and the Mercosur region, for an increase of 45% over the previous year.
READ MOREChairman John Palmer stated that Chief Executive Officer Rob Fyfe this morning confirmed this will be his last year at the helm of the national carrier.
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São Paulo, Brazil, Embraer Defense and Security signed an agreement on January 27 2012 to acquire 30% of the shares representing the capital of AIRHOLDING, SGPS, S.A., from the European Aeronautic Defense and Space Company (EADS).
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Wichita , Kan., Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, rolled its 400th Citation Mustang off the assembly line at its Independence, Kan., facility. This milestone was accomplished in a little more than five years since the Mustang's first delivery in November 2006.
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Paris, Amstelveen, Antonius (“Ton”) Dortmans has been appointed Executive Vice President of KLM Engineering & Maintenance. He will take up his new duties on 1 February, succeeding Peter de Swert.
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Singapore, ST Aerospace has secured new contracts valued at about $350m in the fourth quarter of 2011. These contracts will be carried out at its network of facilities and affiliates in the Americas, Asia Pacific and Europe.
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