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.

May 9, 2007 - 11:01am

Demand for new business aircraft in Europe is riding high on a wave of economic growth that is particularly strong in the former communist eastern states. The market is being fanned by the bolstered buying power of customers paying in euros and British pounds as the U.S. dollar continues to languish on international currency exchanges.

May 4, 2007 - 11:50am

The European Business Aviation Association (EBAA) has never had more work on its plate and the industry has never had a greater need for the group’s lobbying efforts on its behalf. This was the headline message from EBAA chief executive Brian Humphries as the 2007 European Business Aviation Convention & Exhibition (EBACE) prepared to open.

May 1, 2007 - 11:59am

Business jet shipments worldwide increased 12 percent in the first quarter of this year over the same period last year, according to a report released Friday by the General Aviation Manufacturers Association (GAMA). The association said that the industry delivered 211 aircraft between January 1 and March 31, compared with 188 in the same period last year.

April 30, 2007 - 12:20pm

The Aeronautical Repair Station Association (ARSA), which represents nearly 700 members of the international aviation maintenance and alteration community, recently published the results of its 2007 member survey.

The survey highlighted the success and subsequent growing needs of the industry, as international contract maintenance stations continue to expand their role of ensuring safety and efficiency in the skies.

April 30, 2007 - 6:40am
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As oil prices remain above the $60 per barrel mark, operators, oil companies and government regulators are showing ever more interest in alternative jet fuels. At a March 8 speech at the U.S.

April 30, 2007 - 5:47am

Brazilian manufacturer Embraer released mixed first-quarter delivery numbers last month. The company delivered 25 aircraft, of which five were business jets.

April 2, 2007 - 7:03am

Mojave, Calif., is a unique place. As they drive north on State Highway 14, approaching the small burg of approximately 3,700 people, visitors first notice the hundreds of blades turning in windmill farms on hillsides to the west of town. Across the highway, dozens of jetliner tails sprout from the desert floor, idling in storage in the arid desert air at Mojave Airport.

March 30, 2007 - 1:09pm

The Aerospace Industries Association (AIA) is calling on the Bush Administration to develop a vision for aeronautics similar to the one proposed recently by the President for space exploration.

“The most spectacular enhancements of life in the 21st century will be tied to discoveries made in research and development for aerospace,” said Clayton Jones, chairman, president and CEO of Rockwell Collins.

March 30, 2007 - 10:59am

Known as the Model 311 Capricorn by its builder, and the Virgin Atlantic GlobalFlyer by its pilot and sponsor, Burt Rutan’s latest creation took to the sky on March 5–the first step in its creators’ goal of seeing the single-jet, single-seat aircraft circle the globe nonstop on one load of fuel. With Scaled project engineer and test pilot Jon Karkow at the controls, the initial flight lasted 1 hour 30 minutes.

March 30, 2007 - 7:38am

A Beech Starship has joined the world’s most famous flying boat and the “world’s fastest aircraft” on exhibit in an Oregon museum, thanks to a donation by Raytheon Aircraft. The three aircraft are among those displayed at the Evergreen Aviation Museum in McMinnville. The Starship joins Howard Hughes’ Spruce Goose, an SR-71 Blackbird and more than 50 other historic airplanes and helicopters at the nearly three-year-old museum.

 
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