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Middle East Consortium Opens Shanghai Office
February 03, 2010
The Middle East Aerospace Consortium (MEAC) has opened an Asia-Pacific office in Shanghai, China. Graham Brant, former CEO of Microsoft Hong Kong, will head up the new office, which MEAC said will complement its existing presence in the United Arab Emirates, UK, Saudi Arabia and Switzerland.
MEAC was launched in November 2009 at the Dubai airshow. It is a...
moreEADS Astrium displays space plane
February 03, 2010
EADS Astrium (Stand H23) is displaying a model of its proposed Space Plane, which would require seven years of development between actual program launch and first commercial flight. Hugues Laporte-Weywada, the company’s senior vice president for industrial globalization, told AIN that Astrium’s goal is to produce a certified aircraft that would be more...
moreKorea Aerospace Aims for More Civil Business
February 03, 2010
Korea Aerospace Industries (Stand T98) aims to raise its exposure to the civil side of the aerospace business from its current 35 percent to at least 50 percent over the next 10 years, according to the company’s executive vice president and general manager for marketing Enes Park. Now a Tier 1 supplier for the Airbus A350XWB and a Tier 1 and Tier 2 supplier...
moreEx-U.S. Senator Martinez Joins MPX Board
February 03, 2010
Former U.S. Senator Mel Martinez has joined the board of directors of Military Parts Exchange (MPX) of Fort Lauderdale, Florida, a global supplier of nonmunition military aircraft parts and equipment. The company (Stand T73) hopes to benefit from his “vast experience and a significant network of international military and government contacts.” Martinez...
moreIAI diversifies portfolio to shore up civil downturn
February 02, 2010
As was true of much of the industry, Israel Aerospace Industries saw a fairly steep dip in sales during 2009, largely due to a marked softening in demand on the civil side of its business. Published financial results for the first three quarters of 2009 showed sales slipping by about 25 percent on 2008 and there were few signs that the fourth quarter...
moreAAR Named a Distributor for AirManager System
February 02, 2010
AAR has been appointed as a distributor for the new AirManager air filtration system developed by Quest International to eliminate potentially harmful airborne contaminates. U.S.-based AAR will be helping the UK’s Quest to find new applications for the active air filtration and sterilization system, which is based on close-coupled field technology. In...
moreCareful spares management drives down inventory costs
February 02, 2010
Aircraft spares specialist AAR is offering a cost-effective parts inventory management program to relieve airlines’ cash flow headaches. “There’s no question airlines in this region are looking for ways to streamline their inventory cost structure,” said AAR’s vice president of sales for the Aviation Supply Chain Group in the Asia-Pacific region, Paul...
moreITT consolidates defense biz, seeks larger NextGen role
February 02, 2010
As part of a strategy to shed its image as a maker of clever but lonely boxes, ITT’s defense segment last month announced a realignment aimed at propelling it to the top ranks of wider systems integrators. The company says its redesign “will enable better integration of its product portfolio, encouraging a more coordinated market approach and reduced...
moreAIDC aims for greater role as aerospace sector supplier
February 01, 2010
Taiwan’s Aero Industrial Development Corp. (AIDC) is bidding to achieve Tier 1 supplier status with the major aerospace OEMs. It is building the Taiwan Advanced Composites Center (TACC), a 538,000-sq-ft facility that will contain large new autoclaves, ply cutters and computer-controlled milling machines. AIDC already produces smaller composite parts, such...
moreChina vows revenge over Taiwan deal
February 01, 2010
China has threatened to impose sanctions against the U.S. companies whose equipment forms part of a controversial new arms package for Taiwan that was announced last Friday. They include Boeing and Sikorsky, who enjoy brisk sales to China of airliners and civilian helicopters, respectively. The package submitted to the U.S. Congress is worth nearly $6.4...
moreAIA: new bizav orders this year, deliveries to rebound by 2012
February 01, 2010
While military-related products will give a boost to overall aerospace sales this year, the aerospace industry as a whole is likely to run short of momentum next year, according to the Aerospace Industries Association (AIA).“Overall civil aviation sales are expected to suffer as conditions continue to worsen for helicopters and business and regional...
moreSingapore show holds firm
February 01, 2010
“When the economy gets tough, people do come out and network, see for themselves and build alliances quickly as they can,” Singapore Airshow & Events (SAe) managing director Jimmy Lau said at the organizer’s opening press briefing Sunday. “And this has been the trend we’ve seen in most of the shows, especially in the Asia Pacific.”Lau said Singapore is one...
moreMeggitt Picks India’s HCL as Strategic IT Partner
February 01, 2010
After a “stringent multi-vendor review lasting several months,” UK aerospace group Meggitt (Stand AO7) has chosen India-based HCL Technologies’ Engineering and R&D Services division (HCL ERS) to provide it with engineering support for development programs. “This strategic initiative will help us respond to the current economic environment while...
moreForecast International Unveils Integrated Data Tool
January 31, 2010
Forecast International, known for development of the 10-year unit and value production forecast for aerospace, defense, electronics and power systems industries, is unveiling its new Platinum Forecast System here at the Singapore Airshow.
The system is based on a company-designed database that accepts all information generated by company analysts,...
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