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.

April 5, 2014 - 12:30am

JSfirm.com, an online aviation-specific employment board operator, recently released the results of its fifth annual hiring trends survey. The survey not only looked back at the results from the past year, but noted some positive indications for the coming year as well. “This annual survey has proved to be accurate in past years at forecasting the hiring trends and is eagerly anticipated by the aviation industry,” said Jeff Richards, the company’s operations manager. Four hundred companies across various sectors of the industry provided the data for the survey.

April 4, 2014 - 8:44am

Managers of foreign aerospace companies with joint-venture operations in China uniformly worry about the theft of their intellectual property, according to a Rand study issued on April 4. They believe that staying ahead of emerging Chinese competitors requires constant technological innovation, it added.

April 3, 2014 - 3:10am

While the Regional Airline Association and regional airline management point to new rules governing flight time experience for first officers as the primary reason for a pilot shortage that has resulted in a loss of service to several U.S. communities, pilots contend the airlines have made their own mess by creating a business model predicated on breadline wages for cockpit crew. The Air Line Pilots Association, for one, argues that there’s no shortage of pilots, only a shortage of pilots willing to fly for substandard wages and inadequate benefits.

March 26, 2014 - 2:55pm

An extension of the contract to maintain the A320 final assembly line in Tianjin, China, by another 10 years led a series of agreements Airbus entered with Chinese partners on Wednesday that also marked the end of a bitter trade dispute over Europe’s Emissions Trading Scheme (ETS).

March 25, 2014 - 11:51am

Bombardier appeared to backtrack on comments in the Russian press by CEO Pierre Beaudoin indicating that the country’s annexation of Crimea could threaten the Canadian company’s planned joint venture with Russian conglomerate Rostec. On Monday a Bombardier Aerospace spokesman told AIN that the Canadian company remained “fully committed” to plans for a Q400 turboprop factory in a special economic zone in the Ulyanovsk region, and that the comments by Beaudoin didn’t refer specifically to the agreement with Rostec.

March 17, 2014 - 11:48am

Airbus has started final assembly of the first A320neo in Toulouse, France, with the attachment of the forward and aft fuselage sections, which recently arrived from St. Nazaire in France and Hamburg in Germany, respectively.

March 13, 2014 - 2:20pm

As already reported by AIN, Dassault Aviation will launch a new Falcon business jet at May’s EBACE show in Geneva. At a press conference in Paris on Thursday to announce its annual financial results, the French group’s CEO, Eric Trappier, confirmed its intention to introduce an aircraft currently being developed under the name “M 1000” but declined to give any other details.

March 13, 2014 - 2:11pm

Eclipse Aerospace (EAI) marked the official start of customer deliveries for its Eclipse 550 very light jet Wednesday, as company CEO Mason Holland handed over S/N 265 to Louisiana businessman Fred Phillips at the company’s Albuquerque, N.M. headquarters.

March 13, 2014 - 1:48pm

The second annual Nigerian Business Aviation Conference, to be held in Lagos on March 27-28, is expected to see increased attendance, reflecting the west African country’s position as a hot-spot for industry growth. New topics such as an aircraft owner’s panel and a discussion of the aviation needs of the oil and gas sector have been added to an agenda that already covers topics such as regulator issues and aircraft finance.

March 13, 2014 - 1:20pm

North American flight activity experienced its traditional February lull, according to data provider Argus in its monthly TraqPak report. Part 91, 135 and fractional flights were down 3.7 percent overall last month from the previous month, but those numbers were up half a percentage point compared with the previous February. The small-cabin fractional market saw a year-over-year increase of nearly 20 percent, the second straight month the segment had the largest growth.

 
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