Siemens, Russian Railways RZD and OJSC Sinara Transport Machines, a Russian manufacturer of freight locomotives, today signed a Memorandum of Understanding for the manufacture and supply of modern electric locomotives. A joint venture between Siemens and Sinara is to build around 100 double locomotives a year for RZD.
At the “Strategic Partnership 1520″ Forum in Sotschi, [...]

Tomorrow Airbus celebrates the 40th anniversary of the Franco-German agreement which launched its first ever aircraft programme, the A300. On May 29, 1969, the French Minister of Transport, Jean Chamant and the German Minister of Economic Affairs, Karl Schiller, signed an agreement for the joint-development of the A300 aircraft, a first European twin-aisle twin-engine jet [...]

Embraer signed Austral Líneas Aéreas, from Argentina, for the sale of 20 EMBRAER 190 jets. The contract will go into effect after fulfilling certain requirements, and that should take place within two months. Delivery is expected to begin in the first semester of 2010.
The contract signing ceremony was held in Argentina’s Presidential Palace, and was [...]