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.

June 20, 2007 - 12:02pm

Visitors to next February’s Singapore Airshow–35,000 professionals is the organizers’ target–will find a spanking new show site and a relaxed atmosphere to help them focus more keenly than ever on the booming business of aerospace.

June 20, 2007 - 11:00am

One way to improve the airline industry’s perceived environmental impact is for carriers to shout louder.  Ironically, the International Air Transport Association (IATA) calls for operators to make more noise comes as airlines claim to have reduced sound levels by 75 percent in the past 40 years.

June 20, 2007 - 10:52am

It seems inconceivable that next November’s Dubai Airshow, the tenth in a series that began modestly in 1989, will be the last at the new site inaugurated just 10 years ago. But in 2009 the aerospace caravan will be pitching camp at the new Dubai World Central (JXB) Airport in Jebel Ali, 40 kilometers and another huge leap of the imagination away.

June 20, 2007 - 10:47am

Irvine, California-based Eaton Aerospace (Hall 3, Stand D5) admits to still being on the acquisition trail despite having doubled its revenues to $1.6 billion (2007 estimated) since its last visit to Le Bourget.

June 20, 2007 - 10:12am

Good news for any aerospace exhibitor who ever complained about the infrastructure or utility services available at the Farnborough Air Show: organizer Farnborough International (Hall 2B, Stand 14B) is spending almost $2 million to improve existing and create new facilities at the site, about an hour’s drive southwest of London. There also may be improved arrangements for business aircraft.

June 19, 2007 - 11:38pm

Dubai plans investments totaling $82 billion in aerospace over the next 10 years in support of its aim to become the world’s aviation and logistics hub.

June 19, 2007 - 11:28pm

Mubadala Development Co. PJSC, a strategic investment and development company owned by the government of the Emirate of Abu Dhabi, has signed a memorandum of understanding with Boeing to explore aerospace opportunities.

June 19, 2007 - 10:51pm

Desperately keen to present a positive image here at Le Bourget following the past two years’ industrial troubles, Airbus is working to ensure the support of production-line workers for its proposals to rationalize the business. Airbus plans to improve earnings before interest and tax by a cumulative $6.6 billion during by 2010 and to generate an additional $2.8 billion annual revenue from 2010.

June 19, 2007 - 11:12am

Boeing has made plans to accommodate any delays in the first-flight schedule for its new Model 787 twin-aisle twinjet now in final assembly at Everett, Washington. The first aircraft is scheduled to be rolled out on July 8 and will be the company’s first new airliner for 13 years. Having overcome various circumstances that already have led to subassemblies arriving incomplete from suppliers, the U.S.

June 19, 2007 - 3:49am

Airlines and other aviation bodies can now assess their carbon output using a new online Carbon Emissions Calculator developed by U.S.-based consultants Back Aviation Solutions. Developed in partnership with flight information and data solutions company OAG, the calculator allows users to calculate their carbon footprints by equipment type, airline, airport, route, country or world region.

 
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