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.

February 26, 2008 - 5:46am

General aviation manufacturers enjoyed another record-breaking year last year, with billings totaling $21.9 billion, up 16.5 percent from the previous year, and worldwide shipments reaching 4,272 airplanes, up 5.4 percent. For the first time ever, shipments of jets exceeded the 1,000-per-year milestone, climbing to 1,138 last year.

February 24, 2008 - 3:26pm

“This year’s Heli-Expo is a rousing success before we even open the doors,” said HAI president Matt Zuccaro at a press conference just before the ribbon-cutting here yesterday morning. More than 600 HAI members enrolled in the two days of educational sessions held before the show opened to general attendance.

February 23, 2008 - 10:42am

With a new generation of light single-engine helicopters on the horizon, continued strong demand for twins and aggressive fleet replacement plans worldwide, the rarefied rotorcraft market is “approaching capacity,” according to the annual new helicopter delivery forecasts being released here today by Honeywell (Booth No. 2137) and Rolls-Royce (Booth No. 1917).

February 20, 2008 - 3:57am

The day after the opening of the first international airshow in Singapore since the migration of Asian Aerospace to Hong Kong, exhibitors here seemed more than happy with the new site and with the event’s organization. According to the companies AIN has surveyed, everything has gone quite smoothly during the setup process, except perhaps for an odd glitch here and there.

February 20, 2008 - 3:36am

A master research collaboration agreement signed here yesterday between EADS Innovation Works Singapore and the Singapore Agency for Science, Technology and Research (A*STAR) aims to build on a joint cryptography project completed in November 2007.

February 20, 2008 - 2:41am

Bell/Agusta Aerospace engineers working on the BA609 Tiltrotor have stepped up their certification efforts and now plan more than 100 hours of flight testing this year–a major acceleration over the 300 hours logged since 2003. However, the first flight of the third prototype faces yet another delay. Bell/Agusta now expects certification of the hybrid helicopter/airplane design in three years.

February 19, 2008 - 10:39pm

The environment is everything these days for engine manufacturers and suppliers, as initiatives such as the recently launched European Commission Clean Sky program drive ever more advanced ideas on reducing emissions and noise.

February 19, 2008 - 10:29pm

Paced by China, commercial air traffic demand in the Asia Pacific region will grow faster than any other region in the world over the next 20 years, according to a new market forecast released by Embraer here this week.

The Brazilian maker of regional airliners expects Asia Pacific to grow at an annual rate of 5.3 percent and China at a rate of 7.5 percent. It projects 4.9 percent growth for the rest of the world.     

February 19, 2008 - 10:27pm

The world’s airlines may have made $5.6 billion profit last year and achieved record load factors of 77 percent but Lufthansa Technik CEO August Wilhelm Hennigsen said here yesterday, “With fuel at $100 a barrel and the smell of recession coming from the U.S. the question is whether the industry will continue to grow.”

February 19, 2008 - 9:12pm

As part of a wide-ranging rationalization of its global spares support business, BAE Systems Regional Aircraft (BAERA) has transferred all its Jetstream 31/32 spares to Saywell International, and factory-surplus BAe 146/Avro RJ inventory to Ansett Spares & Service.

 
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