FutureEurope capital has advised on $90 billion of projects. FutureEurope CEO, Alan Ewing, said that the FutureEurope subsidiary was experiencing considerable demand from global organisations and businesses.
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\"We are fortunate to work with some of the world\'s best known banks and financial institutions,\" he said, \"and we\'re seeing a significant rise in demand for access to finance and introductions to the right investors.\"
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Cheltenham-based GE Aviation Systems' legacy fuel measurement business has been sold to BBA Aviation’s Legacy Support business, for $62.5m (£38.5m).
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In addition to the purchase price, BBA Aviation is to make a further investment of approximately $7m (£5.08m) in working capital and fixed assets.
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GE Aviation Systems manufactures products that are installed in more than 6,200 active aircrafts, including A319/320, B777, Eurofighter Typhoon, AW101 and Hawk2.
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It is currently located in three facilities in the UK, US and Singapore, all of which will be transferred to nearby BBA Aviation sites. The company will operate under the BBA Aviation Ontic brand following a "phased integration process", it was said.
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From Insider Media
Altogether, the top five risk management challenges revealed in the survey include...
1. Dealing with regulatory uncertainty. Multiple regulatory proposals complicate planning as banks anticipate systemic reform.
2. Anticipating new capital requirements. Stricter regulatory proposals are driving banks to reallocate capital, rebalance portfolios and rethink market strategies.
3. Shifting the risk culture. Banks are strengthening their risk culture and governance processes with more senior management involvement and reinvigorated risk procedures.
4. Navigating the fluid economy. Uncertainty about the economy poses a challenge to long-term and short-term planning.
5. Repairing the balance sheets. Many banks are still dealing with fallout from the economic crisis.
*published by Ernst & Young.
India’s growing traffic and aircraft demands present a challenge for the industry. The first CITA Summit will explore the latest developments in modern technology and new business opportunities and challenges for operators and manufacturers. CITA will explore the latest developments in communications and information technology in aviation. The event will provide the platform for high level debate, exchange of ideas and information as well as extensive networking opportunities for aviation executives from India and around the world.
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July 2010: FutureEurope is working with market-leading Indian engingeering innovator, Cades, to develop their European foothold.
15 July 2010
