Day one of the 2014 Farnborough International Airshow proved to be a lucrative one for just about all manufacturers of airliners and the engines that power them. An approximate estimate of business announced here yesterday quickly topped $50 billion.
News and issues concerning aerospace companies, including formations, acquisitions, mergers and financials; and announcements of significant aircraft sales, delivery statistics and personnel appointments.
Israel Aerospace Industries (IAI) is introducing new helicopter safety technology that allows flight in degraded visual environments. The program is an example of how the group is diversifying its activities to achieve a more balanced portfolio between civil and defense markets. Another example is its new TaxiBot system for more fuel-efficient airliner taxiing, which has just completed certification testing at Germany’s Frankfurt International Airport.
Established trends in predicted long-term jetliner requirements will likely continue with little change to the market breakdown by aircraft size, according to latest Boeing 20-year forecast statistics, which were unveiled in London on the eve of the 2014 Farnborough Airshow. Overall, the U.S.
Aerostar has had considerable success building its civil MRO business having gained engineering expertise in defense work over several decades–most recently is its contract with the Mozambique air force to “bring back to life” eight MiG-21s, a contract that included training and support.
Ovidiu Buhai, director of aviation maintenance and upgrades, told AIN that Starbow of Ghana “came for a second aircraft this year and has another BAe 146 its wants a C-check on,” while “FastJet intends to come with another aircraft in November.
The builder of 1900 Yak-52s in the Soviet era and now a growing MRO specialist and aerospace parts manufacturer, Aerostar has put Romania on the industry map. Despite its home base in Bacau being situated at the outer reaches of the European Union, and with Romania becoming a member of the EU only in 2007, the company has wasted no time in getting fully involved in European aerospace and modernizing its facilities, as AIN discovered on a visit just before the Farnborough Airshow.
New engines planned by Rolls-Royce (R-R) reflect recent powerplant trends, including steadily increasing propulsive efficiency obtained with larger-diameter fans, higher bypass ratios and smaller engine cores. The engines could power updated contemporary widebody platforms, with R-R civil large engines president Eric Schulz confirming “very live” discussions with Airbus. “If it decides to re-engine the A330 or A380, we will be here to provide support,” he said during a pre-show briefing.
Russian Aircraft Corporation MiG, a UAC subsidiary, comes to the Farnborough 2014 show boosted by a new Russian order for 16 MiG-29SMT single-seat, multirole fighters due for delivery by the end of 2016. Signing the $495 million order, Russia’s deputy defense minister Yuri Borisov said, “This order will make MiG feel more secure and look to the future with greater hopes…and provide a good starting point for setting up production of newer aircraft, such as the MiG-35.”
For UAC subsidiary Irkut, the Farnborough Airshow is a great chance to connect with Western partners and prospective customers for its MC-21 narrowbody airliner development. The group claims that the new design’s composite wing will give it an operating cost advantage even over the new re-engined Airbus A320neo and Boeing 737Max airliners.
The trend among tier-two aerospace suppliers to shoulder a higher level of engineering responsibility for the components and subsystems they supply to larger OEMs is just one factor driving the need to ensure the availability of an adequate skills base. For UK precision engineering company Nasmyth, this has led to a concerted effort to recruit and train apprentices in tandem with its efforts to launch new joint ventures in places such as India and South Carolina. On June 26, it opened the office of its new Indian subsidiary in the country’s aerospace hub Bangalore.
Making its first appearance at the Farnborough Airshow, BCube (Hall 1 Stand C15) is presenting its wide range of services, spanning distribution of parts to managing warehouses and handling the distribution of spare parts from national and international suppliers.