Airbus reports €275 million share buyback over four weeks
Airbus SE has disclosed details of its latest share buyback transactions conducted between September 30 and October 4, 2024. The European aerospace giant repurchased 1,053,229 of its own shares during the five-day period at an average price of €128.10 per share. The buybacks are part of a programme announced on September 9, 2024 to support
Boeing has successfully conducted the inaugural flight of the first AH-6 Little Bird light attack helicopter destined for the Royal Thai Army. The test flight took place on August 22 at Boeing’s facility in Mesa, Arizona. This marks the beginning of an order for eight AH-6 helicopters that will form part of Thailand’s military fleet.
Qatar Airways Group has announced its intention to acquire a 25 per cent minority stake in Virgin Australia, subject to regulatory approval. The proposed investment aims to strengthen the existing partnership between the two airlines and boost competition in the Australian aviation market. Virgin Australia CEO Jayne Hrdlicka said: “This partnership brings the missing piece
Korean Air is marking two significant anniversaries: 55 years of passenger service and 50 years of cargo operations to Hong Kong. The airline’s inaugural flight to Hong Kong took place in October 1969, establishing a vital route that has become one of the carrier’s most important international services. Korean Air’s first international route, launched on
CAE has secured a 25-year sub-contract worth approximately $1.7 billion to provide pilot training for the Royal Canadian Air Force (RCAF). The contract was awarded by SkyAlyne, a joint venture between CAE and KF Aerospace, as part of Canada’s Future Aircrew Training (FAcT) program. Under the agreement, CAE will deliver comprehensive aircrew training including live
Technical University of Munich to establish innovation hub at Munich Airport
The Technical University of Munich (TUM) has signed an agreement to become a new tenant at Munich Airport’s LabCampus innovation hub. TUM will occupy approximately 20,400 square metres at the airport site, where it plans to create a “Convergence Center” focused on aviation, mobility, robotics and security research. The university aims to develop an ecosystem
