About 25,000 attendees and 1,000 exhibitors are expected at the 65th annual NBAA Convention, which runs from Tuesday to Thursday next week at the Orange County Convention Center in Orlando, Fla. As one of the largest trade shows in the U.S., the business aviation convention is projected to have an economic impact of more than $51 million to the Orlando area, according to the Orlando/Orange County Convention & Visitors Bureau.
AINalerts » October 25, 2012
Third-quarter revenues at General Dynamics’ aerospace division, which includes Gulfstream Aerospace and Jet Aviation, were $1.8 billion, up 30 percent from a year ago due to more green G650 deliveries, while profits rose 20.3 percent, to $261 million.
According to figures released today by business aviation data company Amstat, the long hoped-for “broad based business aircraft resale market recovery still remains elusive.” While inventories of pre-owned business aircraft continued to contract and transaction activity continues to increase on a year-over-year basis, the rate of improvement slowed in the third quarter, it said.
A French court recently ruled that the Bell 429 light twin helicopter production skid gear does not infringe Eurocopter’s landing skid gear patent, following a complaint filed by the European helicopter manufacturer.
“Integrity is woven into the fiber of our company,” said Bell Helicopter CEO John Garrison, praising the decision. The French court also ordered Eurocopter to pay Bell Helicopter and Bell Canada, each, the sum of €65,000 ($85,000) in costs. A spokesperson for the European manufacturer told AIN Eurocopter now plans to lodge an appeal.
Ontario Premier Dalton McGuinty resigned last week and “prorogued” (read: suspended) the provincial parliament, a move that automatically shuts down its Committee on Public Accounts’ ongoing investigation into Ornge, the provincially funded air ambulance service.
The voluntary fleet grounding at Avantair apparently is continuing into its sixth day. Avantair told AIN earlier this week that it stood down its entire fleet of about 60 Piaggio Avantis on Saturday to conduct safety checks. According to sources, the action was prompted by a July 28 incident in which an Avantair Avanti shed an elevator in flight.
While Embraer’s third-quarter numbers, released yesterday, showed “its best gross margin in several years,” the company’s 13 executive jet deliveries were the same as in the first quarter and seven below the second quarter. Deliveries in the third quarter–11 light jets and two large jets–were also five below those logged in the third quarter last year. Embraer expects deliveries in the fourth quarter to show a substantial jump, typical of industry as a whole in the final period of the year.
Monte Mitchell, 83, the former president of the Aircraft Electronics Association, died last week following a brief illness. He led the organization for nearly 20 years during which time he tripled its membership, introduced new programs and greatly expanded the group’s monthly Avionics News publication. He was also a key driver in the passage of the landmark General Aviation Revitalization Act (GARA) of 1994, which reduced the liability faced by aviation manufacturers and spurred new product research and development.
Hawker Beechcraft Global Customer Support and Rockwell Collins have started flight testing on a touch-screen primary flight display upgrade for Pro Line 21-equipped King Airs. The Pro Line Fusion system with touch-screen and cursor-controlled flight displays will make its debut as an aftermarket option for these aircraft. Certification for the initial King Air application is expected by the end of 2013, with entry into service to follow in early 2014.
CenTex Aerospace received FAA STC approval for its Halo 250 conversion for King Air 200s today. The conversion raises the mtow for 200-series King Airs from 12,500 to 13,420 pounds and moves the turboprop twin into the commuter category. Included in the Halo 250 conversion are new safety systems that provide improved stall warning in icing conditions, aural over-speed warning, elevator out-of-trim warning, engine fire extinguisher capability, emergency cabin lighting and illuminated escape path floor markings.