The global renounced front-runner of aerospace manufacturing NORDAM group aligned with Airbus manufacturing forming a critical long term-contract. Having had been announced under the precedent to source Airbus with anchored honeycomb air-inlet as an input into the LEAP 1-A engine, necessary for all aircrafts in the A320neo family. NORDAM’s CEO Meredith Siegfried Madden explained how they “are delighted to partner with Airbus on the A320neo”. For both NORDAM and Airbus this agreement will be in effect early next year. Read more >>
Boeing company, the leading aircraft franchise along with the world’s largest commercial aviation leasing and financing company GE Capital Aviation Services (GECAS) sparked some media attention with their attendance at the 53rd annual Paris air show, on June 19, 2017 in Le Bourget, France. Reports explain how NYSE: BA and NYSE: GE publicized that they were altering their existing deal converting 20 737 Max orders to the newer, bigger, better 737 Max 10’s. The President and Chief Executive Officer of GECAS, Alec Burger, provides his view on the deal saying, Read more >>
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