AINalerts » October 7, 2008

October 7, 2008 - 12:00pm

The BA609 tiltrotor program continues on track, according to Bell/Agusta Aerospace Co. Four BA 609s will be used in the development and certification flight-test program–two of which are flying now, one with Bell in Texas and the other with AgustaWestland in Italy. The aircraft have flown 365 hours to date. When completed, Ships 3 and 4 will join the flight-test program.

October 7, 2008 - 11:56am

German seaplane manufacturer Dornier Aircraft this week at the NBAA Convention in Orlando, Fla., announced plans to manufacture and sell the $6 million Seastar flying boat in the U.S. Former Adam Aircraft president Joe Walker will head the program as CEO of the recently formed Dornier Seaplane Co. Dornier Seaplane is independent of other Dornier Aircraft businesses and is wholly funded by the Dornier family.

October 7, 2008 - 11:54am

Starting next year, Eclipse Aviation plans to ramp up production of the Eclipse 500 back to a rate of about one airplane per day, chairman and CEO Roel Pieper told AIN. Eclipse has enough cash on hand to move forward with the new production plans, according to Pieper, thanks in part to a recent financial infusion from the company’s agreement to build a factory in Russia.

October 7, 2008 - 11:52am

Vero Beach, Fla.-based Piper Aircraft today announced a 24-percent increase in third-quarter deliveries and an increase in year-over-year deliveries of 18 percent, resulting in a $25 million increase in billings compared with the same period last year. The manufacturer delivered 195 aircraft worth $150.5 million in the first nine months, compared with 166 deliveries worth $125 million during the same period last year.

October 7, 2008 - 11:49am

The business jet market is headed for a 15-percent downturn following a peak in deliveries in 2010, according to J.P. Morgan industry analysts. However, the downturn will be smaller than the previous market slowdown in 2001 and 2002, which resulted in a 31-percent decline.

 

AIN Alerts

AINalerts is AIN’s business aviation e-newsletter. It is distributed twice a week on Tuesdays and Thursdays and is FREE to all subscribers. Simply fill out the subscription form, which is accessed by clicking button below. You can also use this button to update your current account information.

Subscribe to AINalerts

X