General Electric Company said it plans to create a development centre for turboprop engines in Europe, citing a lack of US export financing after Congress allowed the US Export-Import Bank's charter to lapse in June.
Dubai Aerospace Enterprise (DAE), the largest aircraft leasing firm in the Middle East, has ordered 20 turboprop commercial aircraft with an option for another 20 planes from French-Italian manufacturer ATR, the company said on Wednesday.
Daher-Socata, a producer of general aviation aircraft, will present its fastest single turboprop at an upcoming aviation exhibition in Abu Dhabi.
The TBM 850, the fastest single turboprop in the world with a maximum cruise speed of 320 KTA
GE Aviation, a leading provider of jet and turboprop engines, components and integrated systems, said it has witnessed a tremendous growth in its Business & General Aviation unit.
“It’s an exciting time for the Business & General A