Airbus in talks to sell at least 100 jets to China: sources
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AAR Corp. (AIR) CEO David Storch to Retire; Board Appoints AAR President & COO John Holmes as New CEO, Effective June 1, 2018
January 9, 2018 5:04 PM ESTChairman and Chief Executive Officer of AAR Corp. (NYSE: AIR), David P. Storch, 65, announced today his plan to retire as CEO after 39 years with the Company effective May 31, 2018. AAR President and Chief Operating Officer John M. Holmes was elected by the Board of Directors today at its regularly scheduled quarterly meeting to become CEO effective June 1, 2018. Storch will continue to lead the Board as its non-executive Chairman and work alongside Holmes on business strategy, talent development and industry relations.
"David's entrepreneurial spirit and leadership helped AAR to stay one step ahead... More
Boeing (BA) Announces Three 777 Freighters Order from Turkish Airlines
January 9, 2018 5:38 AM ESTBoeing [NYSE:BA] and Turkish Airlines announced that the carrier ordered three more 777 Freighters in December 2017. The new order came weeks after the carrier took delivery of two of the large cargo jets as part of its plan to further expand its freight business.
"These freighter orders will surely contribute to our significant target for... More
