Volvo Aero Services is proud to announce the addition of David Bridges to the VAS team as Vice President of Sales & Marketing on August 2, 2010.
Net sales during the second quarter increased by 5% to SEK 2,132 M, compared to SEK 2,034 M the same period a year ago. Adjusted for currency fluctuations, sales increased by 10%.
Volvo Aero has signed an agreement to sell its US subsidiary Volvo Aero Services. The sale is expected to have a negative impact of approximately SEK 200 M on the Volvo Group’s operating income during the second quarter. At the same time, the transaction is expected to have a positive effect of about SEK 400 M on the Group’s net financial debt in the third quarter.
In this first issue you can read about our role in the Trent XWB engine and about the aviation industry rising above the storm. Also an article about Dreams that never took off.
Air traffic in Sweden and Europe was recently paralyzed due to a volcanic eruption in Iceland. How could a local event in the furthest reaches of Northern Europe paralyze an entire continent?
Explore our aftermarket services; from spare parts, engineering support, leasing and management to maintenance, repair and overhaul