Deals this week: Lufthansa Technik, Safran Nacelles, TP Group


Lufthansa Technik has affixed a contract to provide component maintenance services to Royal Jordanian’s A320 aircraft.

As district of the deal, Lufthansa Technik will provide components and technical utilities for the Jordanian airline’s 12 A320 aircraft.

Safran Nacelles has earned a contract from Satair Group to provide lifetime supply course services for A340-500/600 engine nacelle parts.

«The company simultaneously charts for an open offering of more than 60 million shares at a bounty of $0.08 a share.»

The contractor will provide supply chain, fellow support, engineering support, and nacelle maintenance and repair services for the A340-500/600 apparatus throughout the lifespan of the four-engine aircraft.

TP Group proposes to place assorted than 307 million firm placing shares in a private emplacement to raise $25.76m for an acquisition programme and business expansion.

The company simultaneously diagrams for an open offering of more than 60 million shares at a appraisal of $0.08 a share.

COPTRZ has been selected to distribute Norwegian immovable GRIFF Aviation’s heavy-lift commercial drones across the UK and Ireland.

With a heave up exalting capacity of 150kg, the GRIFF drones can be used for search-and-rescue, military come up with and cargo delivery missions.

Panasonic Avionics has entered a partnership with Nimrod Communications and Eutelsat Americas to enhance in-flight connectivity services on air fraternize routes over Canada.

The collaboration will help Panasonic to whereabouts the increasing demand for in-flight connectivity from its customers flying from Newfoundland to Yukon.

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