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AgustaWestland chiefs arrested over alleged bribery
The current and fomer CEOs of AgustaWestland have been arrested over allegations of bribery. It is claimed Finmeccanica chairman and former AgustaWestland CEO Giuseppe Orsi , and current AgustaWestland CEO Bruno Spagnolini were involved in bribery during the negotiation of sales to the Indian Air Force. The investigation involves the sale of 12 AW101 helicopters
Read moreStrong Rolls Royce performance
Rolls Royce’s civil aerospace business posted solid gains in 2012, with 23 per cent more engine deliveries over 2011 to 668 units, which increased underlying revenue by 16 per cent to GBP6.43 billion and profit by 46 per cent. Trent engines accounted for 75 per cent of orders. Among its significant orders for 2012, Rolls
Read moreNew aircraft noise limits on the way
The International Civil Aviation Organisation (ICAO) is expected to adopt recommendation from its aviation environmental protection committee to lower noise levels for commercial aircraft. Effective on December 31 2017, the revised standard will apply to new aircraft types requiring certification after 2017 and reduces effective perceived noise levels by seven decibels. Chapter-based noise standards for
Read moreFinnair revives Australian sales
/ | 3 Comments on Finnair revives Australian salesAs an off-line carrier Finnair intrinsically has less exposure than competing on-line airlines operating to Australia. However, a renewed sales push by the airline in this market together with a new business class offering make Finnair’s Helsinki hub an option seriously worth considering. Finnair’s regional sales manager Geoff Stone told Australian Aviation: “One of the
Read moreDaher-Socata increases market share with TBM 850
Daher-Socata’s delivery of 38 TBM 850s during 2012 has propelled it to a higher share of its market segment. The 2012 deliveries represented a market share of 18 per cent and bring total TBM 850 deliveries to 298. The company’s senior vice president Nicolas Chabbert said the availability of the TBM 850 Elite boosted sales
Read moreA welcome new year accolade for Diamond / Hawker Pacific
/Diamond Aircraft’s DA40-XLS has been awarded 2012 Plane of the Year by respected online publisher Aero News Network. The publication gave the accolade to the DA40 stating: “With a modern glass cockpit and digital autopilot now available, the 150kt DA40 XLS has a 720nm range at 75 per cent power, burning all of 10 gallons
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