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.

July 16, 2014 - 12:50am

Bombardier’s just-released market forecast shows a significant drop in anticipated deliveries of business and commercial aircraft during the coming 20 years compared to last year’s forecast. The current forecast is for deliveries from 2014 to 2033.

Last year, Bombardier forecast deliveries of 24,000 business jets worth $650 billion from 2013 to 2032. The current forecast is for 22,000 business jets worth $617 billion. These numbers are for aircraft segments in which it Bombardier competes with its Learjet, Challenger and Global models.

July 16, 2014 - 12:25am

Exelis (Chalet C4A) has received processor qualification designation from Boeing for its composite design and manufacturing center in Salt Lake City, Utah. The qualification, achieved after a technical review against six Boeing specifications (BAC5578 and BAC5317-1 through -5), designates Exelis as an approved supplier of advanced, composite-structures to the Boeing supply chain.

July 16, 2014 - 12:15am

UTC Aerospace Systems (UTAS, Hall 3AS6-7) comes to Farnborough with a series of commercial success stories, led by news of a new long-term maintenance agreement with Airbus. Under the deal, UTAS becomes a primary maintenance service provider for Airbus’ Flight Hour Services (FHS) and component repair support. The contract covers UTC Aerospace Systems components on all Airbus platforms.

July 15, 2014 - 6:30am
Airbus and its partners hope to see the first light trainer versions of its electrically powered E-Fan aircraft enter service at the end of 2017.

The Airbus-led effort to develop viable electrically powered aircraft was boosted by the first public flight of the first E-Fan aircraft on April 25. The first of the two- and four-seat E-Fan light training aircraft are due to enter service by the end of 2017, but the wider success of the program–which eventually hopes to prove the case for electrically powered regional airliners–is contingent on its developers achieving further technology breakthroughs in harnessing the new power source.

July 15, 2014 - 6:20am
Along with Thailand’s Board of Investment, Amata Corp., a developer and manager of industrial parks in Southeast Asia already established in Bangkok, Chonburi and Rayong, as well as in Vietnam, has big plans for an aerospace cluster in Thailand, which could include MRO facilities serving airlines such as Thai Airways.

In view of its success in nurturing a thriving automobile industry–the ninth largest in the world–and as Asia edges toward becoming the world’s largest growth market for aviation, Thailand’s Board of Investment (BOI) is considering building an aerospace industry starting with Tier 2 and Tier 3 suppliers servicing global OEM supply chains.

July 15, 2014 - 3:00am

Voss Industries is displaying examples of its high-performance coupling devices, bulge-formed ducting components and fabricated subassemblies at its Farnborough Airshow exhibit (Hall 4 Stand C11). The company, headquartered in Cleveland, Ohio, specializes in the aerospace and industrial markets and is the parent company of Voss Aerospace.

July 15, 2014 - 1:20am
Farnborough 2014

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.

July 15, 2014 - 12:45am

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.

July 15, 2014 - 12:25am

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.

July 14, 2014 - 8:55am

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.

 
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