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 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.

January 15, 2008 - 6:22am

Statistics compiled by Aviation Information Resources (AIR) of Atlanta show a decrease in pilots hired by fractional providers from a peak of 1,363 in 2000 to 1,038 in 2001 to 997 last year, a drop in hiring of 27 percent over the three-year period. But the fractionals didn’t fare as poorly as other airline segments tracked by AIR. For example, the major airlines hired 4,779 pilots in 2000, 3,318 in 2001 and only 549 last year.

January 8, 2008 - 10:21am

The U.S. civil aviation and space programs have developed what Aerospace Industries Association president and CEO John Douglass calls “a creeping crisis,” where “almost every day some kind of relatively bad news has come in, despite what I consider to be an aggressive effort by our government to fix the security problems.”

December 28, 2007 - 5:19am

With total sales expected to hit nearly $200 billion by the end of last year and a backlog of $360 billion, the Aerospace Industries Association (AIA) sees a strong U.S. aerospace manufacturing sector continuing to set records over the next few years.

December 19, 2007 - 11:30am

Aerospace OEMs are increasingly turning to the Nadcap safety auditing program to verify the standards of manufacturing processes down the supply chain. Twenty-three major manufacturers, including leading business aviation players such as Cessna, Raytheon Aircraft, Airbus, Boeing, Honeywell, GE Aircraft Engines, Pratt & Whitney, Rolls-Royce, Sikorsky and Bell Helicopter, are now using the cooperative system.

December 19, 2007 - 11:18am

With certification of the first of the very light jets (VLJs) somewhere on the horizon, manufacturers and interior designers are giving considerable attention to the challenge of creating a big-jet environment in a small-jet cabin.

Currently, about half a dozen companies are working on VLJs, all of them borrowing to some extent from the field of automotive design and fabrication.

December 19, 2007 - 5:48am

The first edition of the International Heli Trade helicopter show in Geneva last month seems to have met exhibitors’ expectations. Visitors and organizers alike, however, may have been disappointed by the absence of such major manufacturers as Robinson and Eurocopter. But the conference program was rich and, from the first roundtable, it proved a good opportunity for operators to express their needs and concerns.

December 17, 2007 - 11:37am

The number of trade days at the next Farnborough International Air Show (July 18 to 23, 2006) has been reduced from five to four. Instead of starting on Monday, as it has in the past, the event will run from Tuesday through Sunday, and the first four days will be reserved for professional visitors, while the weekend will continue to be set aside for the public. There is no officially designated media day.

December 17, 2007 - 10:17am

Judging by the mood at last month’s NBAA Convention in Las Vegas, the good old days are most assuredly back for the business aviation industry. A record number of companies were shoehorned into more than a million square feet of exhibition space at the Las Vegas Convention Center, and there was a seemingly endless line of aircraft at nearby Henderson Executive Airport.

December 17, 2007 - 9:25am

The National Air Transportation Association provides an annual salary survey for business aviation professionals including pilots, line-service personnel, maintenance technicians, inspectors, dispatchers, customer service representatives and stock clerks.

 
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