Industria Aeronautică Română

IAR Brasov has reported a net profit worth 14.12 million RON for the first quarter of this year, an increase of 11 pct over the same period of last year, when it reported a net result of 12.72 million RON, according to a report sent on Monday to the Bucharest Stock Exchange (BVB).

The Ministry of National Defense is making every effort for the highly trained personnel of the Romanian Air Force to be equipped with modern hardware, said Defense Minister Gabriel Les, attending on Monday the departure ceremony of the 'Carpathian Pumas' airlift helicopter detachment for a UN mission to Mali.

Airbus and IAR Ghimbav signed on 6 November 2018 the final exclusive collaboration agreement for a period of 15 years, a document whose principles were established by signing an initial agreement on 24 August 2017, according to a press release sent to AGERPRES on Wednesday.

Aircraft belonging to the Romanian, US and Portuguese Air Forces will participate on Saturday in the Bucharest International Airshow 2015 - BIAS 2015, on the Aurel Vlaicu International Airport.

Airbus has announced it intends to build helicopters at a new plant at Ghimbav, close to the central Romanian city of Brasov, in an investment worth about 40 million euro.

The plant is to be built on a 27,000-square-metre plot offered by IAR Ghimbav, a company controlled by the Romanian state.

National Defence Minister Mircea Dusa on Saturday participates in the activities organised at General Emanoil Ionescu 71 Air Base of Campia Turzii (central Romania), on occasion of Romanian Aviation and Air Forces Day.