NBAA 2011 Convention News

NBAA Convention News
New Development Programs Stretch Bombardier
The demands of four new jet aircraft development programs, coupled with anemic sales of its Learjet business jet brand and regional jets, fueled a cash burn pyre that persuaded analysts to issue a fresh round of stock downgrades for Bombardier in September. In the last quarter, the OEM drew down $1 billion of cash reserves against $211 of net income, double for the same period a year ago. Its market capitalization is $7 billion and the cash burn rate set off caution lights for stock analysts. The news is not cataclysmic; most now rate the company as “market perform,” but from early July through the end of September, Bombardier stock lost 43 percent of its value.
Socata’s Centenary Could See It Join The Jet Age
There is some real aviation pedigree gathered in Las Vegas for the 2011 NBAA show, but you won’t find a company with a richer heritage than France’s Daher-Socata, which this year marks its 100th anniversary in aircraft manufacturing. The company’s ancestor Morane-Saulnier was established in 1911–eight years after the Wright brothers took to the air for the first time. French family-run industrial group Daher, Socata’s current owner, is 150 years old itself. At the end of 2008, it acquired a 70-percent stake in Socata from the EADS group. The anniversary has been marked with a series of special events throughout 2011, but most notably by the introduction of a special centenary edition of its TBM 850 single turboprop business and utility aircraft.
NBAA 2011: Floor Candids
A collection of miscellaneous pictures from the floor of the NBAA 2011 Convention.
NBAA 2011: Fire in the Hold
Aircare Solutions held a demonstration of the cabin fire trainer, which is used to practice putting out galley, cabin and lavatory fires.
NBAA 2011: Minsheng / Dassault Signing
Charles Edelstenne, chairman and CEO of Dassault Aviation, and Kong Linshan, chairman of the board of Minsheng Financial Leasing, signed a memorandum of understanding (MoU) for 10 Falcon 7X and 10 Falcon 2000S business jets this morning at NBAA 2011 in Las Vegas.
NBAA 2011: Show Opening and Media Breakfast
A whole roster of aviation and political luminaries helped open the 64th edition of NBAA's Annual Meeting and Convention at the event's opening general session on Monday, October 10.
NBAA 2011: Night Moves
For the first time ever, NBAA has two static displays of aircraft, one at Henderson Executive Airport and the other right next to the Las Vegas Convention Center. Getting the aircraft to the Convention Center required the move by roadways during the wee hours of Thursday night and Friday morning.
NBAA 2011: A Tale of Two Static Displays
NBAA has two static displays of aircraft, one at Henderson Executive Airport with 85 aircraft and the other right next to the Las Vegas Convention Center, with 14. At Henderson, all the major aircraft manufacturers are showing their latest and greatest, while several aircraft brokers have a good number of quality preowned aircraft for sale.

More Stories from NBAA 2011

October 15, 2011, 4:09 PM

The National Business Aviation Association unveiled its new Light Business Airplane (LBA) Flight Operations Manual Template in Las Vegas during the NBAA/Cessna Single-Pilot Safety Standdown.

October 15, 2011, 3:21 PM

The Civil Aviation Administration of China (CAAC) has certified Piaggio Aero’s P.180 Avanti and Avanti II, the Italy-based airframer announced at NBAA 2011 in Las Vegas.

October 15, 2011, 2:55 PM

Elbit Systems of America’s Kollsman Commercial Aviation announced at NBAA 2011 in Las Vegas that flight testing of its second-generation, enhanced-vision system, EVS II, is in progress on a Boeing 777 and that certification flight test of a new Ko

October 14, 2011, 4:04 PM

Hawker Beechcraft has received Brazilian certification for its Hawker 4000 business jet, the Wichita, Kan.-based company announced at NBAA 2011 in Las Vegas.

October 14, 2011, 3:34 PM

Winglet Technology of Wichita, Kan., introduced an elliptical winglet design specifically for the Hawker 200 and Premier I/IA light jets, and will offer the winglet for retrofit on existing Premier I/IA jets beginning in the first quarter of 2013,

October 14, 2011, 3:27 PM

Flight-training company Airline Transport Professionals (ATP) has agreed to buy up to 30 Piper Seminoles in a transaction that could be worth as much as $18 million.

October 13, 2011, 4:40 PM

Since it acquired 14 simulators from FlightSafety International on August 17, SimCom Flight Centers has been busy relocating, refurbishing and returning these devices to service at its Dallas and Orlando training centers.

October 12, 2011, 11:10 PM

Iacobucci HF, the Italian maker of galley appliance inserts, is continuing its venture into the aircraft seating business with the introduction at NBAA of a new business unit–Iacobucci Seat Division–to manage that endeavor.

October 12, 2011, 10:50 PM

Traffic is growing at the UK’s Cambridge Airport following a rebranding and change of management at the start of 2011. The privately owned facility has come to the NBAA show (Booth No.

October 12, 2011, 10:30 PM

Online charter portal Avinode (Booth No. C7818) is introducing a new suite of mobile applications for iPhones and iPads to put real-time aircraft availability data in the palm of the user’s hand.

October 12, 2011, 10:30 PM

The ranks of the Wyvern Wingmen are set to increase with 26 new and returning charter operators taking safety audits during the months of September and October.

October 12, 2011, 10:10 PM

The demands of four new jet aircraft development programs, coupled with anemic sales of its Learjet business jet brand and regional jets, fueled a cash burn pyre that persuaded analysts to issue a fresh round of stock downgrades for Bombardier in

October 12, 2011, 9:50 PM

The Rockford Area Aerospace Network (RAAN), a committee of the Rockford (Ill.) area economic development council (RAEDC), is here at the NBAA show highlighting its “white-glove service” to the aerospace industry.

October 12, 2011, 8:50 PM

There is some real aviation pedigree gathered in Las Vegas for the 2011 NBAA show, but you won’t find a company with a richer heritage than France’s Daher-Socata, which this year marks its 100th anniversary in aircraft manufacturing.

October 12, 2011, 12:10 PM

Boeing has sold 205 BBJs based on all of its aircraft models and that includes its two newest widebodies: the 787 twinjet and the 747-8 Intercontinental, the latest iteration of its iconic jumbo quad jet.

October 12, 2011, 11:52 AM

User fees, depreciation schedules, and instability in world financial markets have called for some tough talking at NBAA 2011. One country, however, seems to be promising great rewards for those who dare enter.

October 12, 2011, 5:10 AM

Frakes Aviation, now in its fifth decade, manufactures exhaust stacks for modification companies and original equipment manufacturers (OEMs), but there is a lot more to the company’s history than just exhaust stacks.

October 12, 2011, 2:10 AM

Having started life mainly focused on the airline sector, Arinc (Booth No. N4221) has further expanded its horizons into business aviation, especially so since the U.S.-based group opened its international division in the UK back in 2000.

October 12, 2011, 12:10 AM

As more business and private jets travel further abroad, often to airports where ground security is nonexistent or minimal at best, Otonomy Aviation (Booth No. N608) has a growing family of solutions for security concerns.

October 11, 2011, 11:50 PM

Banyan Air Service has expanded the hours of operation of its maintenance shop at Fort Lauderdale Executive Airport in Florida. After adding a second shift, the shop’s hours now extend from Monday through Friday, 8 a.m.