Companies listed on the New York Stock Exchange

May 27, 2014 - 3:10pm

The Legacy 500 that Embraer brought to EBACE last week is one of four flight-test aircraft that have racked up more than 1,500 hours of testing as the type approaches certification, slated for the middle of this year. Embraer Executive Jets president Mario Túlio Pellegrini said that function and reliability testing is the last remaining item to be completed, followed by paperwork. “We are confident we can conclude the certification by mid-year,” he added.

May 20, 2014 - 12:25am
As Embraer’s fleet grows, it is steadily increasing its worldwide network of customer-support centers.

Embraer Executive Jet’s Customer Support & Services (CS&S) division is getting into high gear to be ready for the Legacy 500 to enter service around mid-year. “Four support centers are making preparations in Europe [and the Middle East],”said CS&S vice president Edson Carlos Mallaco. One is an Embraer-owned facility at Paris Le Bourget Airport, and the other three are authorized service centers run by Inflite (London Stansted), Nayak (Cologne) and ExecuJet (Dubai).

May 19, 2014 - 3:00am
Rockwell Collins has developed a new Venue HD cabin system retrofit for Bombardier Global XRS and 5000 models.

Rockwell Collins unveiled two key cabin systems programs at its EBACE press conference yesterday, including expansion of the capabilities of the Tailwind 550 Direct Broadcast Satellite TV system and introduction of a Venue HD (high-definition) retrofit for Bombardier Global jets.

May 1, 2014 - 2:58pm

Embraer’s revenues in the quarter rose by $157 million, to $1.242 billion, while profits climbed from $30 million in the first quarter of 2013 to $110.6 million in the same period this year. At its Executive Jets division, first-quarter revenue soared to $267.4 million, up from $175.3 million a year ago. Embraer delivered 20 executive jets (17 light and three large) in the quarter, compared with 12 (eight light, four large) in the same period last year.

April 2, 2014 - 1:20pm

GE Aviation and Evergreen Aviation Technologies have formed a joint-venture company, GE Evergreen Engine Services, to specialize in the overhaul of the GEnx engine.

A spokesman for GE Aviation told AIN the two parties are investing approximately $130 million over the next five years.

The new venture will be located at the GE Aviation and Evergreen Aviation Technologies facility in Taipei. The facility currently provides airframe and engine work. “There is also ample real estate available, so we’re looking at all the options,” said the spokesman.

March 12, 2014 - 11:10am

Santa Rosa, Calif.-based KaiserAir announced Rick Brainard has joined the organization as director of maintenance marketing and business development. Brainard’s recent experience includes aviation consulting with Aerick Global, roles in business development, v-p sales and general manager with West Star Aviation, various roles with McKinney Aerospace, and sales leadership roles with GE Aircraft Engines, AlliedSignal and BFGoodrich.

March 5, 2014 - 12:27pm

GE Aviation and Bristow Group signed the first engine service agreement for the CT7-2E1 turboshaft that powers the new AgustaWestland AW189 twin. The agreement expands the longstanding GE-Bristow partnership by adding the AW189s’ engines to Bristow’s global fleet of powerplants maintained under a maintenance cost per hour (MCPH) service agreement.

February 27, 2014 - 2:27pm

The first formal agreement between a major global avionics manufacturer and a Russian-based aviation solutions provider was enacted via a memorandum of understanding (MOU) signed between Rockwell Collins (Booth No. 8040) and St. Petersburg, Russia-based Transas Aviation.

February 26, 2014 - 1:17pm

Embraer’s three-quarter share of the U.S. regional jet market last year might have looked impressive to investors and analysts, but judging by some of the commentary during the company’s quarterly earnings briefing on Wednesday, it apparently didn’t satisfy CEO Frederico Curado.

February 24, 2014 - 3:00pm

Rockwell Collins (Booth No. 8040) is slowly introducing a new lifecycle support initiative to civil rotorcraft operators. Known as Flexforce, it is a performance-based agreement that aims to sustain lower maintenance costs for customers in a time of tightening budgets, while simultaneously improving dispatch reliability.

 
X