Boeing’s booming airliner programs are boosting the stock values of its suppliers and making them much more visible. As a consequence, first and second tier suppliers are increasingly likely to find themselves takeover targets, according to mergers and acquisitions expert Michael Richter.
The Mitsubishi interest in the next generation of regional jets is evident from a model displayed at Hall 2 Stand C17. The Japanese government is funding initial development but the company is seeking partners in order to launch the program by the end of 2007.
Selex Sensors & Airborne Systems (Outside Exhibit 2) has flown its new PicoSAR synthetic aperture radar, demonstrating the system’s ability to map both urban and rural areas at altitudes ranging from 3,000 to 9,500 feet.
It has been six years since Cessna last had a presence at a Farnborough air show. The company skipped the last two, reasoning that the aerospace and defense giants in residence were starting to crowd out business jet makers.
Eurocopter added a large order to its book just before the Farnborough airshow opened when the Australian government signed a contract on June 30 for 34 more NH90 military helicopters for its army, increasing its total orders to 46 aircraft.
Pratt & Whitney has revealed the first newly manufactured components its Global Materials Solutions subsidiary has produced for the rival CFM56-3 engine.In response to CFM criticisms that non-genuine CFM56-3 parts could suffer reliability issues, P&W president Steve Finger said, “We’ve i
Hamilton Sundstrand (Hall 4 Stand F13) has announced the signing of a long-term maintenance agreement with low-cost carrier Ryanair. The contract covers test, repair and overhaul for the manufacturer’s products on the airline’s fleet of Boeing 737s.
International Communications Group (Hall 4 Stand C96) of Newport News, Virginia, announced a new cordless Iridium phone for business aircraft cabins. The handset incorporates active noise reduction technology as well as an auto shutoff feature that helps preserve battery life.
AINonline is a publication of The Convention News Co., Inc., 214 Franklin Avenue, Midland Park, NJ 07432. Copyright 2013. 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