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 7, 2008 - 6:24am

The National Air Traffic Controllers Association (Natca) in mid-June endorsed Sen. Barack Obama (D-Ill.) for president.

July 7, 2008 - 6:01am

Electromagnetic (EM) compatibility testing, which has become increasingly important with the advent of new technologies such as fly-by-wire controls, the saturation of airspace with high-frequency EM emissions and the decision by some airlines to allow mobile phone calls aboard their aircraft has prompted Alenia Aeronautica to build Europe’s largest anechoic chamber.

July 7, 2008 - 5:40am

If Airbus COO customers and chief commercial officer John Leahy ever met a paying customer he didn’t like, it certainly wasn’t one of the world’s big aircraft lessors, whose strong balance sheets look all the stronger at a time soaring fuel costs eat away at profits of the world’s airlines.

July 3, 2008 - 6:28am

Recent demand for younger airliners has ensured lease market buoyancy, but rental rates could fall if more operators release capacity or collapse under the pressure of fuel prices and scarce credit. Major lessor International Lease Finance Corp. (ILFC) has warned that air traffic growth might slow down, potentially causing “a negative impact on future lease rates.”

July 3, 2008 - 6:26am

Next year will mark the fortieth anniversary of man first setting foot on the Moon. Back in the early 1970s it was all systems go for human exploration of space but somehow the momentum was lost, and other priorities took over. Just maintaining an orbital presence above the Earth has been full of challenges with Space Shuttle failures and delays to the International Space Station.

July 3, 2008 - 5:53am

Diehl Aerospace, the product of a merger between two German companies, is celebrating its second anniversary this month and joining French group Thales
in a deal to acquire Airbus’ factory in Laupheim, Germany. The two companies were declared preferred bidders for the site on May 30.

July 3, 2008 - 5:48am

European maintenance, repair and overhaul (MRO) service providers expect a downturn in air transport, and analysts say consolidation in the support market will likely result from this trend.

July 3, 2008 - 5:44am

For those who just don’t want the airshow ever to end, there is the official Farnborough 2008 DVD, which is being filmed here all week by LifeTV Media. With multiple camera angles (including in-cockpit cameras), the DVD offers comprehensive coverage of the daily flying displays as well as special features on topics such as the Centenary of British Flight and interviews with pilots.

July 3, 2008 - 5:34am

“A strong market for strong products” is driving growth at Bombardier Aerospace, according to president and chief executive officer Pierre Beaudoin. The Canadian group is increasing its 27,000-strong workforce even as it faces the challenge of achieving earnings growth targets subject to currency exchange fluctuations that have led it to outsource more work to lower-cost partners.

July 3, 2008 - 5:13am

The June 5 signing of a contract for work on Airbus A320 cargo conversion program appears to have restored Russia’s position as a full partner in Europe’s EADS group. The pact could signify repair of relations damaged in 2006 when the German and Russian governments disputed the position of Russian shareholders in EADS.

 
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