Airbus Group SE said its UK helicopters unit got a 500 million pound ($728 million) contract from Ascent Flight Training Ltd to provide aircraft and support to the UK's Military Flying Training System.
The contract from Ascent, a joint venture between Babcock International Group Plc. and Lockheed Martin Corp., is spread over 17 years, Airbus, Europe's largest aerospace company, said on Friday.
The unit will provide aircraft and support beginning April 2018, the company said.
"You're in the figure of a total fleet in the thirties," said Ian Morris, head of Airbus' UK helicopter defense business.
Shares in Airbus were up 1.1 percent at 53.90 euro at 1138 GMT on the Paris Stock Exchange.
Global trade body The Air Charter Association (The ACA) celebrated another record‑setting edition of Air Charter Expo (ACE’26) on Tuesday, 8 September 2026, delivered in partnership with Busines...
Gol Airlines continues to expand its South American reach, leveraging its Brazilian network to open new travel possibilities. European passengers can now access southern Argentina through São P...
Global Jet Capital has released its sixth annual Business Jet Market Forecast, outlining a confident outlook for the sector. The updated analysis anticipates steady expansion over the next five years,...
Qantas has inaugurated its new Product Innovation Centre in Adelaide, with South Australian Premier Peter Malinauskas joining Qantas Group Chief Technology, AI and Transformation Officer Rachel Yangoy...
