Melbourne, Florida-based Extant Components Group has acquired the AIM line of standby instruments from L-3 Communications Avionics Systems, Extant announced last week. Although it did not reveal the terms of the deal, Extant said it plans to make the AIM product line part of its Symetrics Industries subsidiary, from where it will perform all future manufacturing, repair and customer service and supply spares and related technical support activities.
Prospects for the much-anticipated launch of the Airbus A330neo appeared to be strengthening on the eve of the 2014 Farnborough International Airshow. While the European airframer was officially remaining tight-lipped on plans for the re-engined model, this has done little to dispel Reuters and Bloomberg reports of a launch announcement this week, citing sources close to the program. In particular, Hawaiian Airlines confirmed that it is actively considering the A330neo as a possible alternative to the A350-800.
Embraer is displaying a full-size mockup of the passenger cabin of its new E-Jet E2 airliner family for the first time in public here at the Farnborough Airshow. Visitors can view the mockup at the Embraer static display (Outdoor Exhibit 6).
During an exclusive showing for reporters on Sunday, Embraer executives said the new cabin is at an advanced stage in its design, after recommendations of an advisory board, which evaluated a previous mockup last fall, were considered. The manufacturer hopes to solicit comments on the design from customers during the airshow.
Debuting its new 787-9 widebody here at the Farnborough International Airshow yesterday, Boeing fired off an aggressive opening salvo against its rival Airbus. According to the U.S. airframer’s marketing vice president Randy Tinseth, if Airbus goes ahead with its anticipated launch of the re-engined A330neo this week it will prove that its A350 program is a failure.
Irrespective of political turmoil in land-based energy supplier regions, oil and gas exploration and production is rising, especially offshore where drilling technology advances have made extraction more efficient. This is driving demand for helicopters and simulators.
The U.S. Air Force announced that it released a request for proposals (RFP) to industry on July 9 for its new Long Range Strike Bomber (LRS-B) program to develop the next generation heavy bomber. The service said it expects to make a contract award next spring.
It might seem only a year or two since Airbus launched the A380 and just months since the mighty, double-deck behemoth entered service, but the European manufacturer has delivered more than 130 since operations began, almost six years ago, in October 2007. The aircraft, which typically accommodate about 500 passengers (depending upon customers’ cabin configurations), have an average daily use of more than 13 hours, says Airbus. Of the 324 examples that had been ordered by late June, the backlog of 192 includes 20 booked this year.
Most aerospace and defense executives think their companies would improve their ability to collaborate with suppliers in engineering and manufacturing design by making more use of product lifecycle management (PLM) processes, but few of them believe their companies are making significant progress in this regard. This was the main conclusion of a new survey on product engineering and manufacturing published ahead of the Farnborough International Airshow by Accenture (Chalet J/1).
This week’s Farnborough International Airshow promises to be another busy one for dealmakers like Michael Richter, managing director and head of aerospace and defense with investment bank Lazard. Even compared with the periods around the 2012 Farnborough show and the 2013 Paris Air Show, he sees rising levels of mergers and acquisitions (M&A) activity in the commercial aerospace sector. He also anticipates some degree of recovery in defense industry M&A activity, reversing a period of relative inactivity in a sector that has been impacted by uncertainty over military budgets.
When taking the helm of a company that already owns a substantial portion of the regional aircraft market, one might be tempted to wonder if there’s anything more to be done. But Patrick de Castelbajac, who was appointed CEO of ATR at the beginning of June, knows there’s plenty of work left to do.