Aerospace Industry

News and issues concerning aerospace companies, including formations, acquisitions, mergers and financials; and announcements of significant aircraft sales, delivery statistics and personnel appointments.

October 1, 2014 - 1:35am

Aerion’s long-awaited AS2 supersonic business jet (SSBJ) program received a major boost last month when Airbus signed up for a partnership involving an exchange of knowledge and capabilities in design, manufacturing and certification. According to Aerion, the collaboration will support the Mach 1.6, $100+ million AS2 through to certification. Although the industrialization plan for the new jet has still to be confirmed, the Reno, Nev.-based group said that this will happen “over the course of the next year” and confirmed that it is no longer searching for a manufacturing partner.

September 26, 2014 - 9:24am

Airbus began immediate processing of flight-test data from the A320neo’s September 25 first flight, which Single Aisle program experimental test pilot Philippe Pellerin described as “a lot of fun” as he emerged from the aircraft at the Toulouse-Blagnac factory in southwest France. The first A320neo, powered by Pratt & Whitney PW1100G-JM geared turbofan (GTF) engines in the 33,000-pounds thrust class, “really feels like an A320–which is good news,” remarked fellow experimental test pilot Etienne Miche de Malleray, who occupied the right-hand seat.

September 25, 2014 - 9:23am

Airbus flew its new A320neo on its first test mission on Thursday, marking the start of a 3,000-hour flight-test program scheduled to lead to certification and entry into service in next year’s fourth quarter. Powered by a pair of Pratt & Whitney PW1100G geared turbofans, MSN6101 took off from Toulouse-Blagnac Airport in France at noon local time.

September 24, 2014 - 1:49pm

Airbus predicted that the airline industry will need to spend $4.6 trillion on some 31,000 new aircraft over the next 20 years in its latest market forecast, released Wednesday.

September 23, 2014 - 2:40pm

Airbus Group (née EADS) and Reno, Nev.-based supersonic business jet (SSBJ) developer Aerion announced a partnership agreement yesterday to collaborate on “technologies associated with the future of high-performance flight.” Under the agreement, the companies will exchange knowledge and capabilities in aircraft design, manufacturing and certification. In May, Aerion unveiled plans for the Mach 1.6, $100+ million AS2 trijet.

September 23, 2014 - 2:38pm

Approximately 300 pilots and other employees of NetJets took to the picket lines yesterday in a three-pronged “informational” protest outside the Berkshire Hathaway subsidiary’s Columbus, Ohio headquarters and at its bases at Teterboro Airport in New Jersey and California’s John Wayne Orange County Airport.

September 23, 2014 - 2:30pm

J.P. Morgan’s September report on business aviation reveals “encouraging” but cautious data and analysis of the industry. While noting that U.S. business aircraft operations were up about 4 percent in August, and the used aircraft inventory “declined modestly,” its analysts still would prefer to see sustained improvement before rallying behind news of a recovery.

September 23, 2014 - 10:53am

South Africa’s Denel has unveiled plans to design and build a new 15- to 24-seat commercial turboprop aircraft called the Sara.

September 21, 2014 - 5:17pm

A series of new order announcements involving no fewer than three major civil airframe makers signaled the end of a late-summer sales lull on Wednesday, as airlines went on a new buying spree reminiscent of July’s Farnborough airshow. The value of the week'sday’s orderss totaled some $11.37.45 billion at list prices and involved 11886 airplanes ranging in size from the Embraer E175 regional jet to the Boeing 787-9 widebody. 

September 19, 2014 - 11:58am

The latest round of economic sanctions imposed against Russia by the U.S. and European Union (EU) did not directly target the civil aerospace and air transport sectors, but they may yet inflict collateral damage on these industries. The U.S. sanctions, announced on September 12, included the Rostec defense group, which has ambitions in the civil sector, such as its planned joint venture with Canada’s Bombardier to build Q400 regional airliners in Russia.

 
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