Source: Pratt & Whitney Canada Pratt & Whitney Canada, a business unit of Pratt & Whitney, today announced a $10 million investment to expand the capabilities of its Wichita Falls, Texas engine component repair facility, which is expected to create 30 new jobs. As part of the investment, the company will modify its existing coatings line using an innovative application process.   "The Wichita Falls component repair facility joined the Pratt & Whitney Canada family in 1997 and since then we have strengthened our ties with the local community," said Irene Makris, vice president, Customer Service, Pratt & Whitney Canada. "We continue to invest and grow in Wichita Falls because of the strength of the local workforce, the support of the community, and the enthusiastic 'can do' attitude of our Wichita Falls team and leadership. Our Wichita [...]

Source: SITA Patrik Svensson Gillstedt joins SITA as the company continues to help drive the growth and digital transformation of the air transport industry SITA, the leading IT provider to the air transport industry, has announced the appointment of Patrik Svensson Gillstedt as Senior Vice President of Strategy and Growth Enablement. Patrik will oversee SITA’s strategy for growth, as the company continues to help the air transport industry’s return to the skies, supported by the ongoing digital transformation of the industry’s travel processes. His responsibilities include driving SITA’s corporate growth strategy, value proposition, brand development, and innovation and ESG activities. He comes to his new role with over 19 years of consulting and corporate experience gained in a variety of [...]

Source: H55 Collaboration Enabling Vmo and H55 to Pursue Fast-growing Business Opportunities in Clean Aviation Technologies Vmo Aircraft Leasing ("Vmo") and H55, an innovator in the field of electric propulsion technology for aviation, announced against the backdrop of the Revolution.Aero Dublin 2023 conference their commitment to working together to develop leasing solutions for new clean aviation products. As part of the envisaged collaboration, teams from both companies are engaged in providing leasing programs targeted to support the nascent market for financing electric aircraft, battery storage energy and management systems. Vmo and H55 share the same vision: reducing the air transport industry's environmental footprint and enabling it to reach net zero emissions by 2050. Vmo provides liquidity and fleet solutions to airlines, [...]

Source: Rolls-Royce Rolls-Royce (LSE: RR., ADR: RYCEY) today announces changes to the Board and Executive Team, adding leaders with proven track records of delivering success and a strong commitment to creating a high-performing, competitive, resilient and growing business. This follows the launch by Chief Executive Tufan Erginbilgic, on 23 February 2023, of a transformation programme requiring a winning culture and shared determination to deliver sustainable earnings growth and cash generation. The changes announced today include the addition to senior leadership of extensive multinational experience in finance and performance management, and the appointment of presidents with substantial industry experience in both Civil Aerospace and Defence. Helen McCabe will be joining the Board of Rolls-Royce later this year as Chief Financial Officer, [...]