UNITED TECHNOLOGIES WILL EXPAND
United Technologies will buy a manufacturer of aircraft parts, Rockwell Collins. One of the world’s largest suppliers of components for civilian and military aircraft will emerge. The agreed price is 30 billion dollars. United Technologies manufactures Pratt and Whitney aircraft engines. But also Carrier air conditioning or Otis lifts. The company will pay 140 dollars for one share of Rockwell Collins. It will partly pay in cash and partly in shares. The total price, 30 billion dollars, also includes debt of Rockwell Collins. The new division should be named Collins Aerospace Systems. United Technologies supplies aircraft engines to Airbus, Bombardier and Embraer, as well as fighters F35 to company Lockheed Martin. But it also has important components such as landing gears, air conditioning systems or engine covers. Rockwell Collins is a major supplier of aircraft electronics for Boeing, Airbus and other manufacturers. This year’s production has expanded to seats, airplane interiors, kitchens and toilets.
FATE OF NIGERIAN AIRLINES
Ethiopia Airlines is discussing takeover of Arik Air, the largest airline in Nigeria. The East African carrier itself claims to be ready and able to take over the Nigerian airlines. During
7 THOUSAND AIRCRAFT IN TWENTY YEARS
Chinese airlines are planning to buy approximately 7 thousand transport aircraft for 1,1 trillion dollars in the next 20 years. This results from the prediction of American company Boeing. "The Chinese
DELTA TOOK OVER FIRST A350-900
Delta Airlines became the first North American airline to take over the Airbus A350-900. In silence, without the presence of journalists at the headquarters of the European aircraft manufacturer in