Cobham, the acquisitive UK aerospace group, has continued its growth with an agreement to buy Westwind Air Bearings for £75 million ($116 million). Westwind, based in Poole, Dorset, has been growing strongly and is forecasting operating profits of £8 million on rising sales of £25.8 million for 1995. Cobham, formally the FR Group, will largely finance the acquisition through a £58 million share issue.
Source: Flight International
Advanced propulsion developer ZeroAvia has revised the flight-test plan for its ZA600 powertrain, transferring a second Dornier Do 228 twin-turboprop to the UK in support of its certification push.
Germany’s Deutsche Aircraft has selected UK-based engineering specialist Senior to provide key systems for its D328eco turboprop.
Airbus chief executive Guillaume Faury says the airframer has been “blindsided” by a sharp drop-off in CFM International Leap engine deliveries, and is waiting to see how soon the powerplant manufacturer can recover. Speaking at a half-year briefing on 30 July, Faury said the Leap delays were “not factored” into ...
