Jet aircraft

July 11, 2012 - 5:10pm
Farnborough 2012

CIT Aerospace, which provides finance for commercial- and corporate-aircraft operators, manufacturers, and suppliers, yesterday signed a firm purchase agreement covering

10 Airbus A330-200s and -300s nominally valued at $2.31 billion and scheduled to enter service from 2014. The deal includes five unannounced orders placed earlier this year in conjunction with conversion of a purchase option and cancellation of four A320-series aircraft.

July 11, 2012 - 4:55pm

Strong positions on new programs have resulted in GE Aviation Systems finding itself busy across five continents. For instance, in its U.S. home, the systems and components group is ramping up for increased rates of production for its extensive contributions to Boeing’s new 787 Dreamliner.

July 11, 2012 - 4:50pm

Pratt & Whitney will offer its PW4170 Advantage70 engine for Airbus’s revamped, 240-ton max takeoff weight A330. “The Advantage70 is the benchmark on the A330 aircraft program in terms of fuel burn, operating costs, reliability and time-on-wing,” said Lou Quattrocchi, the U.S. engine maker’s vice president of commercial programs.

July 11, 2012 - 4:40pm

Reactions have been heavily mixed in the wake of Monday night’s announcement that Superior Aviation of Beijing, China, has agreed to acquire financially troubled Hawker Beechcraft, minus its Hawker Beechcraft Defense Company (HBDC) division, for $1.79 billion. The majority of business aviation analysts contacted by AIN believe the Chinese firm is overpaying for the Wichita, Kansas-based aircraft manufacturer, which is in Chapter 11 bankruptcy protection.

July 11, 2012 - 2:30pm
Boeing 747-8 Lufthansa Frankfurt

Lukewarm market reception and performance deficiencies that continue to fall short of the new 747-8’s original design specifications might have elicited a fair share of skepticism from various industry quarters, but they haven’t deterred Boeing from declaring that “prospects look quite good” for the stretched, re-engined and re-winged jumbo jet, now in passenger operation with Lufthansa Airlines and five cargo customers.

July 11, 2012 - 12:05pm

A new $11.5 million, 45,000-sq-ft. aircraft paint shop has entered service at Duncan Aviation’s Lincoln, Neb., facility. It can support aircraft as large as the Gulfstream G650, Bombardier Global Express, Dassault Falcon 7X and Embraer Legacy. The new facility follows on the heels of last year’s implementation of a chrome-free paint process.

July 11, 2012 - 6:05am

Boeing has expressed in no uncertain terms to AIN the pain of having to honor offsets in India and the challenge of managing a constantly shifting policy landscape. The growing Indian defense budget ($44 billion by 2016) may be attractive but it would seem that the trials and tribulations being faced by initial winners such as Boeing could be a significant downside for the foreseeable future.

July 11, 2012 - 2:00am
Boeing GECAS order signing

The trend over the last few years in which customers have placed extremely large orders for airliners has raised questions about the underlying reasons and its potential effect on OEMs that continue to raise production rates in response. The practice seems most prevalent among customers for narrowbodies, prompting both Boeing and Airbus to project rate increases to well beyond 40 in the coming years and raising concerns within some circles of a so-called bubble in the sector.

July 11, 2012 - 1:55am

Boeing’s 787-8 is offered with both the 74,000-pound-thrust Rolls-Royce Trent 1000 engines and General Electric’s GEnx turbofans. The GEnx family has a thrust range of from 53,000 to 75-000 pounds.

July 11, 2012 - 1:50am

Boeing made history a few weeks ago when it rolled out the first commercial airliner built outside of its manufacturing base in the Puget Sound region of Washington state: a 787 Dreamliner produced at its new final assembly plant in North Charleston, South Carolina. For the U.S. airframer, it was a breakthrough after a changed approach to manufacturing that has been far from straightforward and uncontentious.

Pages