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.

November 14, 2007 - 9:08am

The September 11 terrorist attacks on the U.S. immediately cast doubt on the viability of next month’s Dubai Air Show in the United Arab Emirates (November 4 to 8). However, at press time show organizer Fairs & Exhibitions said no consideration had yet been given to postponing or canceling the event.

November 13, 2007 - 5:22am

John Douglass hands over the presidency of the U.S. Aerospace Industries Association next week to former Federal Aviation Administration administrator Marion Blakey after a nine-and-a-half-year tenure.

November 12, 2007 - 6:26am

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November 2, 2007 - 11:33am

Raytheon Aircraft has appointed Randy Groom president of its Beechcraft division, which consists of the Bonanza, Baron and Premier lines. The Beechcraft and Hawker brands were separated last year to focus and strengthen the level of quality and product-support efforts for the respective lines. Groom was formerly senior vice president at Piedmont Hawthorne Aviation in Winston-Salem, N.C., a Beechcraft authorized service center and dealer.

November 2, 2007 - 10:26am

The FAA’s rules are a “barrier to the development and application of supersonic technologies in advanced general aviation aircraft,” said the General Aviation Manufacturers Association in comments submitted to an agency request for information on SST noise rules.

November 2, 2007 - 6:55am

Bombardier Aerospace’s Belfast, Northern Ireland work- force has rejected a new pay deal and is threatening strike action. Trade union representatives had actually accepted a new four-year deal that was due to take effect at the end of this coming January, but this was rejected in a shop-floor vote on October 15.

October 31, 2007 - 11:41am

General Electric’s research arm and the U.S. Defense Advanced Research Project Agency (Darpa) have joined forces to develop an entirely bio-based jet fuel to reduce U.S. dependence on foreign oil. The main challenge is to make the conversion process efficient. The project envisions a conversion efficiency, by energy content, of crop oil to JP-8 surrogate of between 60 and 85 percent.

October 24, 2007 - 12:09pm

The delay of the first flight and early deliveries of the 787 will cost Boeing $3.5 billion in revenue next year, according to financial guidance released by the company this morning.

October 16, 2007 - 7:00am

The FAA now doesn’t expect domestic commercial air travel to return to pre-9/11 levels until 2006, and its earlier forecasts that U.S. airlines would be enplaning one billion passengers a year by 2010 have been pushed back to at least 2014.

October 11, 2007 - 5:29am

If anyone went to the General Aviation Manufacturers Association’s annual review and outlook hoping to see light at the end of the economic tunnel, they had to be disappointed. “This may not be the deepest trough in modern times,” said GAMA chairman Bill Boisture, “but it is certainly one of the longest.”

 
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