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.

July 12, 2008 - 7:31am

In these times of high fuel prices, currency worries and looming recession, it is worth taking a hard look at how the efficiency of the supply chain can be improved. It doesn’t take long to discover that despite all the hyperbole and rhetoric over the past decade from consultants and IT “solution providers,” many in the aerospace industry feel they’re not getting the return on investment they expected.

July 12, 2008 - 6:05am

Leaders of Europe’s aerospace industry met with the president of the European Central Bank (ECB) at its Frankfurt headquarters on July 10 to express their “deep concern regarding the impact on their industry of the rapid and extreme fluctuation of the U.S. dollar compared to the euro,” according to the AeroSpace and Defense Industries Association of Europe (ASD).

July 12, 2008 - 6:01am

Given the skyrocketing price of oil, the global financial crisis and gloomy forecasts from the travel industry, one might be forgiven for anticipating a message of gloom and doom from a manufacturer of a substantial proportion of the world’s aero engines.

July 12, 2008 - 5:59am

In a continuing expansion of its presence in aerospace, UK firm ENL (Hall 4 Stand E14) has opened an injection molding center in Slovakia with the support of BAE Systems. The company supplies precision injection molded and machined components to Airbus, Thales, BAE Systems and Raytheon, and soon plans to begin manufacturing composite parts.

July 12, 2008 - 5:51am

ThyssenKrupp has merged Apollo Metals and Aviation Metals into its aerospace supply chain management business, thus giving it the capacity to offer global materials services ranging from “just-in-time delivery of processed metals” to “finished parts kitting,” the company said. Newly named ThyssenKrupp Aerospace employs 1,000 people at 30 service centers across the world.

July 12, 2008 - 5:50am

Counterfeiting can be big business in the aerospace and defense markets, compromising safety and making it easier for terrorists and rogue states to acquire advanced technology. Based in Dorset, UK, Lyncolec has developed a radio frequency identification (RFID) tag for circuit boards, allowing for the individual identification of every single board in new systems.

July 12, 2008 - 5:36am

France’s Safran group plans to embark on a restructuring effort to better advance the so-called more electric aircraft concept and the increased application of electronics in aircraft systems and subsystems. In his first ever press interview, new CEO Jean-Paul Herteman told AIN that the revamp, due to start in early 2009, will “take on critical importance” in developing a generation of less fuel-hungry aircraft.

July 12, 2008 - 4:30am

In these times of high fuel prices, currency worries and looming recession, it is worth taking a hard look at how the efficiency of the supply chain can be improved. It doesn’t take long to discover that despite all the hyperbole and rhetoric over the past decade from consultants and IT “solution providers,” many in the aerospace industry feel they’re not getting the return on investment they expected.

July 12, 2008 - 3:47am

Jet fuel prices are soaring, capital markets are drying up, Western economies at best are stalled and defense budgets are under threat as shrinking tax bases swell national debts to unsustainable levels. But you won’t find many prophets of doom among the top aerospace executives gathered here for the 2008 Farnborough International show.

July 9, 2008 - 7:05am

Testifying before the Environmental Protection Agency (EPA) on air-quality standards for lead, AOPA executive v-p of government affairs Andy Cebula warned that any immediate changes to current aviation fuel standards would have a “direct impact on the safety of flight and the very future of light aircraft in this country.”

 
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