Company Overview and News


Add AM
to your dashboard

Headline News

Airbus ordered to pay 104 million euros to settle Taiwan missile dispute

2018-01-13 in.reuters
PARIS (Reuters) - Airbus said on Saturday it had been ordered to pay 104 million euros in fines over a missile sale to Taiwan in 1992, the latest French arms company to reach a settlement over disputes arising from one of France’s biggest ever arms sales.

Airbus ordered to pay 104 million euros to settle Taiwan missile dispute

2018-01-13 reuters
PARIS (Reuters) - Airbus (AIR.PA) said on Saturday it had been ordered to pay 104 million euros in fines over a missile sale to Taiwan in 1992, the latest French arms company to reach a settlement over disputes arising from one of France’s biggest ever arms sales.

Global business jet market starting to recover -Dassault Aviation chief

2018-01-11 in.reuters
PARIS (Reuters) - The global business jet market, which had been bruised by the 2007-08 financial crisis, has started to show signs of recovery, the head of France’s Dassault Aviation said on Thursday. (1-0)

Global business jet market starting to recover -Dassault Aviation chief

2018-01-11 reuters
PARIS (Reuters) - The global business jet market, which had been bruised by the 2007-08 financial crisis, has started to show signs of recovery, the head of France’s Dassault Aviation (AVMD.PA) said on Thursday. (1-0)

Dassault’s Business Jet Sales Stop Dwindling

2018-01-08 aviationweek
LYON, France—Dassault Aviation’s order and delivery numbers for 2017 indicate Falcon business jet sales have stopped sliding. Orders increased to 41, up from 33, and three Falcon 5Xs were cancelled. In deliveries, the 2017 tally is stable at 49, up from a forecast of 45. Although those numbers can be seen as an improvement, handovers are still at their lowest level in two decades. Moreover, the backlog has decreased from 63 to 52.

RCom: End of an era, beginning of another?

2017-12-27 livemint
New Delhi: In about three months from now, if Reliance Group chairman Anil Ambani has his way, he would have sold the spectrum, tower, fibre and real estate assets of Reliance Communications Ltd (RCom). (5-0)

Rafale allegations motivated and baseless, Nirmala Sitharaman tells Lok Sabha

2017-12-20 freepressjournal.in
New Delhi: Defence Minister Nirmala Sitharaman on Wednesday rejected allegations that Rafale fighter jets being bought by India from France are priced higher than under an earlier deal, and said the charges were “motivated and baseless”.

Dassault Terminates Falcon 5X Program

2017-12-19 aviationweek
Faced with a new set of delays associated with Safran’s Silvercrest engine, Dassault Aviation has announced in December that it is terminating the development of its Falcon 5X business jet program. The French manufacturer confirmed that testing of the troubled turbofan during the third quarter of 2017 had revealed problems with the high-pressure compressor resulting in a shortfall of performance and making the 5X’s planned service entry date of 2020 now “impossible.

Gujarat High Court issues notice to Abhishek Singhvi in Reliance Anil Ambani Group defamation suit

2017-12-18 freepressjournal.in
Ahmedabad: The Gujarat High Court today issued a notice to Congress party spokesman Abhishek Singhvi in the Rs 5,000 crore defamation suit filed against him by the Reliance Anil Ambani group.

Reliance Group slaps defamation suit of Rs 5,000 crores against Congress leader Abhishek Singhvi

2017-12-16 freepressjournal.in
Ahmedabad: The Reliance Anil Ambani group has filed a Rs 5,000-crore defamation suit here against Congress spokes-person Abhishek Singhvi, accusing him of making “false, defamatory and libellous statements”.

UPDATE 1-Banks drag European shares down as investors await Draghi

2017-12-14 reuters
* Wind turbine makers boosted by U.S. tax development (ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets)

Banks drag European shares down as investors eye BoE, ECB meetings

2017-12-14 reuters
LONDON (Reuters) - Weakness in bank stocks dragged European shares to a downbeat open on Thursday as financial sectors caught the cold from U.S. and Asian trading which suffered from a less hawkish than expected tone from the U.S. Federal Reserve.

P&WC's PurePower PW800 Engine Selected to Power the new Falcon Business Jet

2017-12-14 asdnews
Pratt & Whitney Canada (P&WC) announced that a member of P&WC's PurePower PW800 engine family has been selected to power the new Falcon Business Jet, which was announced earlier today by Dassault Aviation. P&WC is a subsidiary of United Technologies Corp. (NYSE:UTX). (1-0)

Dassault Halting Falcon 5X Business Jet Development

2017-12-14 aviationweek
LONDON—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 ...

Lockheed Martin may top Boeing in race to supply Canada jets: experts

2017-12-13 channelnewsasia
Canada's decision to make it harder for Boeing Co to win a major jet order hands rival plane maker Lockheed Martin Corp an advantage in capturing the contract, defense experts said on Wednesday. (57-0)