The mergers and acquisitions (M&A) tide is still rising in the commercial aerospace sector, according to Michael Richter, managing director and head of aerospace and defense with investment bank Lazard.
Boeing and Spirit Aerosystems have dispatched a team of experts to the site of a July 3 train derailment in Montana to assess the damage to six 737 fuselages, three of which slid down an embankment and into the Clark Fork River. Of the 19 cars that derailed near Rivulet, Montana, several also contained assembles for the 777 and 747.
Sydney Airport has placed into operation a ground-based augmentation system (GBAS) supporting satellite-based precision approaches and landings. The airport is the first in Australia to offer a GBAS landing system, Airservices Australia said.
While 3-D printing applications in aerospace remain limited to relatively small and simple parts, Honeywell engineers believe the technology carries potential in the manufacturing of a critical engine component: turbine vanes.
Resistant to grounding their Boeing 787-8s for a even a short time, several operators have indefinitely deferred addressing fixes to some of the airplanes’ last remaining glitches, presenting the manufacturer with an “issue” as it marches toward its target dispatch reliability rate of 99.6 percent.
Airbus has finished assembling the first A320neo, the company announced Tuesday. The airplane, MSN6101, rolled out of its paint hangar in Toulouse, France, after receiving its Airbus house livery and installation of its Pratt & Whitney PW1100G-JM engines. The company started final assembly of the first A320neo in mid-March, with the attachment of the forward and aft fuselage sections, made in Airbus facilities in St. Nazaire, France and Hamburg, Germany, respectively.
I’ve written periodically about FAA enforcement and what I consider to be abuses of the process, along with sanctions that are significantly disproportionate to the safety impact of the offenses charged.
IT provider Sita has begun using new technologies such as Apple’s iBeacon to provide real-time information on mobile devices to help passengers move seamlessly across airports to board flights on time. American Airlines has become the first carrier to try the Sita common-use beacon registry, launched at the recent Sita Air Transport IT summit in Brussels.
Aeroflot accepted its tenth Sukhoi Superjet SSJ100 on June 26 in the so-called Full version, Sukhoi Civil Aircraft (SCAC) announced on Monday, thereby completing the transition of the fleet from 10 SSJ100 Lights, all of which the Russian flag carrier has returned.
An attempt by the government of Kazakhstan to stave off an exodus of foreign investors this past February not only saw the abrupt devaluation of the country’s currency, it meant that national carrier Air Astana would have to curtail its ambitious growth plans. “The devaluation forced us to slam on the brakes on new aircraft orders,” said company president Peter Foster during a recent press conference in London.