General Dynamics’ aerospace division, which includes Gulfstream and its support cousin, General Dynamics Aviation Services, had $1.2 billion in sales in the second quarter, up more than 13 percent from the same time a year ago. Earnings increased 20 percent, to $200 million.
As this issue went to press, Cessna was single-handedly attempting to prove that economies of scale are alive and well in aviation. Only a few weeks after the manufacturer announced it would become the first major U.S.
Pratt & Whitney Canada said last month its PW600 engine has been selected to power the new Epic Victory single-engine VLJ. Up to that point, Epic had used the Williams FJ33-4A for the Victory. P&WC’s PT6A-67 had previously been selected to power Epic’s Dynasty turboprop.
Despite recent news reports suggesting that Sino Swearingen’s Taiwan-government-backed investors are considering exiting the program, “Taiwan continues to support our program,” Mark Fairchild, vice president for marketing and sales, told AIN, “and at the same time is looking for additional
Cessna parent Textron said last month that revenue for the Wichita- based manufacturer was up by 15 percent in the second quarter of the year, representing a $198 million increase, to $1.3 billion, compared with the same period last year.
The Phenom 100, Embraer’s four-place, $2.98 million entry into the very light jet market, flew for the first time on July 26 from São Jos dos Campos, Brazil. According to the company, the one hour, thirty-six minute flight was successful.
AINonline is a publication of The Convention News Co., Inc., 214 Franklin Avenue, Midland Park, NJ 07432. Copyright 2014. All rights reserved. Reproduction in whole or in part without permission from The Convention News Co., Inc., is strictly prohibited. The Convention News Co., Inc., publishes Aviation International News, AINalerts, AIN Defense Perspective, AIN Air Transport Perspective, AINmxReports, Business Jet Traveler, BJTwaypoints, Dubai Airshow News, EBACE Convention News, Farnborough Airshow News, HAI Convention News, LABACE Convention News, MEBA Convention News, NBAA Convention News, Paris Airshow News, Singapore Airshow News, iPhone Apps: AINonline · BJTonline
Login | Register