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 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.

February 19, 2008 - 5:45pm

At face value, Rolls-Royce’s recent establishment of new facilities in Singapore, the U.S. and Germany might be construed as the group’s snubbing its UK home and a possible indictment of successive British governments that some say have failed to nurture the country’s aerospace industry.

February 19, 2008 - 3:07am

It appeared that organizers took special care to avoid a political faux pas with mainland China yesterday, exerting direct control over at least one company’s exhibit.

February 18, 2008 - 10:15pm

Curtiss-Wright Controls (CWC) (Stand No. R81) has agreed to supply the mechanical systems for the Boeing 787’s large cargo door under a contract with door supplier Saab Aerostructures. The deal reflects the U.S. company’s desire to expand its footprint in motion control systems for commercial aerospace.

February 17, 2008 - 5:32pm

Few have doubted Russia’s aerospace engineering capabilities but many observers have questioned weather the country could deliver the marketing and customer support needed to successfully export civil airliners.

The newly formed Superjet International joint venture–based in Venice, Italy–carries the responsibility for alleviating any lingering doubts.

February 12, 2008 - 10:29am

The General Aviation Manufacturers Association (GAMA) today announced 2007 year-end shipment figures for the general aviation industry. Last year, the industry reached record billings of $21.9 billion, eclipsing the previous year’s figure by 16.5 percent. Worldwide general aviation shipments totaled 4,272 aircraft, the most in more than a quarter century and a 5.4-percent jump over the 4,053 airplanes delivered in 2006.

February 12, 2008 - 10:29am

The General Aviation Manufacturers Association (GAMA) today announced 2007 year-end shipment figures for the general aviation industry. Last year, the industry reached record billings of $21.9 billion, eclipsing the previous year’s figure by 16.5 percent. Worldwide general aviation shipments totaled 4,272 aircraft, the most in more than a quarter century and a 5.4-percent jump over the 4,053 airplanes delivered in 2006.

February 11, 2008 - 12:06pm

Two years ago EADS decided to tap Singapore’s strengths in science and technology by shifting part of its research and development effort here. Today, its investment in the Singapore Research and Technology Center (SRTC) appears to be reaping dividends, and the facility is now conducting work in four scientific areas, having reached a staff of 15 and an annual budget of approximately $1.7 million.

February 11, 2008 - 9:10am

After many years of struggle, Ukraine’s aerospace industry appears headed in an upward trajectory, as a promising new civil aircraft program hits the market and some Russian defense market analysts predict Ukrainian military export activity to surpass that of its neighbor over the next decade.

 
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