Virgin Atlantic Airways is poised to announce a deal with Airbus Group for 12 A350-1000 jets. The list price of this deal will be approximately $4.3 billion and through this deal Virgin hopes to strengthen its wide-body leisure fleet. Virgin will probably purchase nine of the twin-engine planes directly from Airbus while leasing three from leasing firms, whatever the case the U.K. based airline has its sights set on having more fuel efficient jets such as the Airbus A350 or the Boeing 777 replace the four engine Boeing 747s jumbos that currently form the core of its long-haul leisure fleet....

Sierra Nevada Corporation has acquired the UK and Germany-based 328 Support Services. The move was completed last week for an undisclosed fee. Read more >>

Accomplish Any Mission with Bell: This company was first known as Bell Aircraft Corporation when it was established in 1935 by Larry Bell. They began designing and producing fighter aircraft like the XFM-1 Barracuda, a twin-engine fighter to defend and fight back on attacking bombers, and the well-known P-39 Air cobra. They also manufactured the P-59 Air comet, the first American jet fighter and the P-63 King cobra. Before the First World War, Bell saw that a student named Arthur Middleton Young crafted ...