MENA drops 57.6% in value of M&A

The value of mergers and acquisitions in the Middle East and North Africa region declined by 57.6 per cent in 2017, despite the deal count maintaining almost the same level as the previous year, according to Mergermarket, a provider of M&A data and intelligence. For full year 2017, 126 deals worth approximately $16 billion (Dh58.76 billion) were recorded...

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HNA turns M&A norms around again

Everyone used to want to be on the sell side; now they want to be on the buy side.In recent months, there has been a new game in Hong Kong investment banking called ‘Distance yourself from HNA’. It is easy to play. On the way up, everyone wanted to advise HNA, the acquisitive-though-opaque Chinese conglomerate whose big holdings include stakes in...

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M&A: A reputation minefield

One of the most significant mergers in British retail history is currently in the offing. As Sainsbury’s and Asda navigate the complexities of knitting together two shopping brands that speak to different shopping cultures and consumer heartlands, we look at the opportunities, and the possible pitfalls that are emerging. How can these two retail behemoths...

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CLESSIDRA SGR: acquisition of 100% of Scrigno Group

Fourth investment by Clessidra Capital Partners 3, following Roberto Cavalli, ABM Italia and Nexi Clessidra SGR, the leading Italian private equity firm, entered today into a definitive agreement for the acquisition of the entire share capital of Scrigno Group. Based in Rimini, Scrigno is a leading manufacturer and distributor of counter-frames...

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Lacklustre Latin America M&A in Q1 2018

Argentina, Brazil propped up Latin American PE and VC value The volume and value of mergers and acquisitions (M&A) targeting companies in South and Central America totalled 144 deals worth an aggregate USD 12,594 million in the first quarter of 2018, according to information collected by Bureau van Dijk, a Moody’s Analytics company, and the leading...

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Aerospace

Russian Carrier Signs Up For Pratt’s EngineWise

James Pozzi S7 Airlines has entered into an agreement with Pratt & Whitney for the engine OEM’s EngineWise fleet management program, a digital data-driven MRO service.  The contract, which will run for 12 years, covers the Russian carrier’s fleet of...

Aviation Week Forecast Projects $1 Trillion In Aftermarket Spend

Aviation Week Network’s recently released 2018 Fleet & MRO forecasts, prepared by in-house data and analytical experts, offer insights into the commercial aviation, military, business aviation and helicopter markets across the world.  Among the findings within the 2018 Fleet & MRO Forecasts: read moreRead More

Russia Close to S-400 Sale to Turkey

If sales of Russian equipment flagged during 2016, the country is working hard to reverse the trend, trying to heavily market its S-400 air-defense system. read moreRead More

Aerospace Daily & Defense Report, December 14, 2017

Volume 262, Issue 52 Publication Info Cover Date:  Thu, 2017-12-14 Volume:  262 ...

XOJET Invests In Safety, Flight Standards, Training

On-demand private jet operator XOJET has responded to a surge in business in 2017 with heightened investments in safety, flight standards and training, the company announced. read moreRead More

ONR, Aurora Demo Autonomous Resupply for Marines

An autonomy kit designed to convert any rotorcraft to unmanned operation for resupply or other missions is set to be tested by the Marines in 2018. read moreRead More

Israel Becomes Quiet Ally In Turbulent Middle East Region

In light of escalating tensions with neighboring regions, Israel maintains innovative defenses With a deep-strike capability and a second-strike nuclear capability, Israel is regarded as a stabilizing force in the region. read moreRead More

Middle East Tensions Continue To Fuel Arms Race Advances

Fighter aircraft continue to top Middle East military shopping lists Qatar blockade and Yemeni conflict show little sign of abating as Saudi-Iranian standoff continues. read moreRead More

Aviation Daily, December 14, 2017

Volume 410, Issue 52 Publication Info Cover Date:  Thu, 2017-12-14 Volume:  410 ...

Turkey’s Defense Spending Hike Highlights Modernization

Turkey will receive its first F-35 Joint Strike Fighter in 2018 Turkey’s allies are concerned about Ankara’s rapprochement with Russia. read moreRead More

General Aviation: Vintage Aircraft — 2017 Photo Contest

This mix of warbirds and vintage civil aircraft spans many decades and includes the last flying Boeing P-26A Peashooter and Northrop N9M Flying Wing. read moreRead More

Fierce Competition Clouds Outlook For Asia-Pacific Airlines

Asia-Pacific airlines face fierce competition for expanding market While Asia-Pacific demand continues to surge, intense competitive pressure is causing headaches for many carriers in the region. read moreRead More

Bird-Scaring 'Robird' Drone Tested At Canadian Airport

Flight trials in Edmonton, Alberta, focus on safely integrating drones used for bird scaring and land surveying into routine airport operations. read moreRead More

The Week In Defense, Dec. 14-21, 2017

Global weapon sales increase first time in seven years; Russia S-400 Turkey deal; Draken buys South African Cheetah fighters; Lockheed wins Paveway II contract. read moreRead More

Fornaro-Christie CEO Handoff In Works At Spirit Airlines

Spirit Airlines’ CEO Bob Fornaro will leave his post on Jan. 1, 2019, the airline said on Dec. 13. Ted Christie, the airline’s CFO, will take over the top role. read moreRead More

NASA Team Studying Hypoxia Put USAF Pilot-Physician In F/A-18

A USAF pilot-physician recently flew several F/A-18 sorties to help a NASA team better understand why U.S. Navy pilots are experiencing “physiological episodes.” read moreRead More

Russia’s MiG Targets Development Of UCAVs

With development of the MiG-35 almost complete, pilotless aircraft pose a new challenge for Russia’s MiG bureau. read moreRead More

Niki Files For Bankruptcy, To Cease Flight Operations

Air Berlin subsidiary Niki filed for bankruptcy Dec. 13 and said it will cease flight operations immediately. read moreRead More

Major Expansion Coming For Hexcel Composites Plant

The head of Hexcel says the advanced-composites provider and Alabama officials are about to unveil plans for a $200 million plant expansion to provide additional polyacrylonitrile (PAN) precursor and carbon-fiber capacity for anticipated production increases of large commercial aircraft. read moreRead More

Dassault Halting Falcon 5X Business Jet Development

Faced with a new set of delays associated with Safran’s Silvercrest engine, Dassault Aviation has announced it is terminating the development of its Falcon 5X business jet program. read moreRead More