For the first time, Bombardier Aerospace has revealed its expectations of the 100- to 149-seat commercial-aircraft market segment at which the proposed C Series jetliner would be aimed. The statistics appear in a 20-year forecast published here yesterday.
News and issues concerning aerospace companies, including formations, acquisitions, mergers and financials; and announcements of significant aircraft sales, delivery statistics and personnel appointments.
Launched only four months ago, Dubai Aerospace Enterprise (DAE) has quickly attracted considerable interest and this is reflected in the high level of its participation here at Farnborough. As well as being a sponsor of the flying display, DAE is sponsoring Friday’s International Youth Day when some 1,200 young achievers will attend the show.
Britain’s Marshall Aerospace group (Hall 4 Stand A12) and U.S. manufacturer Lockheed Martin is celebrating a 40-year relationship that looks set to continue for about another 25 years. The two companies have worked together since the mid-1960s to support British operations of C-130 Hercules military transport aircraft and will be in a new contract expected to run until about 2030.
Western aerospace executives may be wary about attending the Iran airshow, but will be missing out on a great future business opportunity if they don’t go, according to the event’s organizers. The show is scheduled from November 28 to December 1 at the Kish Island Free Trade Zone–located close to Dubai and one of the main trading links between Iran and its neighbors in the Gulf.
Just over a year before the renamed and relocated Asian Aerospace International Expo & Congress opens its doors for the first time at Hong Kong’s AsiaWorld-Expo complex, organizer Reed Exhibitions (Chalet A19) has revealed burgeoning support for its flagship industry event.
Record high fuel prices have served to concentrate minds on how to keep operational costs from spiraling. This cannot be other than good news for Thielert Aircraft Engines, which is recording burgeoning sales of its Centurion engines. With avgas difficult to obtain in some parts of the world, the general aviation market has been eagerly turning to diesel power both for the easier access to jet fuel and the need to cut costs.
EADS plans to appoint a British board member in the event BAE Systems goes forward with its sale of its 20-percent stake in the European conglomerate, company co-CEOs Louis Gallois and Tom Enders confirmed here during a morning press conference yesterday. Nevertheless, Enders made it clear that he has grown tired of the nationalistic politics that seem so fundamental to any discussion about the composition of EADS and its board.
A global ethics code is among the topics that John Douglass, president and CEO of the U.S. Aerospace Industries Association (AIA), will be discussing this week with his counterparts from the Brazilian, Canadian, European Union and Japanese trade associations.
CFM International predicts a huge demand over the next 20 years for up to 30,000 engines to power single-aisle aircraft as China, India, Latin America and Russia increase their fleet densities to the levels of western countries.
Bombardier is forecasting continued growth for the business aviation industry over the next half-decade and is positioning itself to take advantage of the market. Its research suggests that among the market hotspots, super-midsize business jets will be generating the most heat.