Spanish aeronautics and energy firm Gamesa is to raise €45 million ($56 million) from the disposal of its aerospace unit Gamesa Aeronautica to a consortium led by Spanish savings bank Caja de Ahorros de Castilla La Mancha and including former Gamesa chief executive Juan Inalii Lopez Gandasegui. The €45 million sale will lead to a “significant reduction” in Gamesa’s roughly €315 million worth of debt.
Source: Flight International
Boeing has designated Lufthansa Technik as the first Boeing-licensed Service Center (BLSC) for cabin modifications on its 787 Dreamliner airplanes.
ITP Aero is on a mission. With new chief executive Eva Azoulay at the helm, the former Rolls-Royce subsidiary is coming to the Farnborough air show for the first time as a standalone company, with a new appearance, and something to prove.
Boeing 777 cargo conversion firm Mammoth Freighters has delivered a -200LR for modification to the UK-based specialist STS Aviation Services. Mammoth had reached an agreement for conversion work with STS, located in Manchester, two years ago. The pact covers cargo modification for both 777-200LRs and -300ERs. STS states that US-based ...
