| Aerospace Industry |
Airbus has started sending the first aircraft sections to the new A320 assembly line in Tianjin, China, the company announced today. Plans call for assembly of the first aircraft to start in August. Airbus expects launch customer Sichuan Airlines to take delivery of the first airplane by the end of June next year. Six jigs loaded with the forward and rear...
moreBoeing last Thursday moved the 787 prototype designated for fatigue testing (aircraft No. 4) from the final assembly factory in Everett, Wash., to another production bay at the facility, where assembly work will continue. The move paves the way for the second flight-test airplane (aircraft No. 3) to advance to the next position in the production line today....
moreBoeing has completed the power-on sequence for the first 787 Dreamliner, the company announced today. The process began early this month with a series of pre-test continuity checks to verify proper wiring connections. Upon completion of those checks, the Boeing team plugged in an external power cart and slowly began to bring full power into each segment of...
moreBoeing has begun the so-called power-on process for the 787 in Everett, Wash., the company confirmed today. The milestone marks the start of a procedure under which engineers power different sections of the airplane over a series of days, expected to culminate in full power-on by the end of this month.“We have started the process for power on and are...
moreBoeing announced today it has closed on the deal to acquire Vought Aircraft Industries’ interest in Global Aeronautica, the South Carolina fuselage subassembly maker for the Boeing 787. Under the terms of the transaction, Global Aeronautica becomes a 50-50 joint venture between The Boeing Company and Alenia North America, a subsidiary of Italy’s Alenia...
moreThree separate forecasts released last month indicate a steady increase in demand for and deliveries of business jets over the next two decades. Bombardier Aerospace’s business jet market forecast, released May 7, predicts that 13,200 business jets, ranging from light twinjets to corporate airliners, worth $300 billion, will be delivered over the next 10...
moreThe Aerospace Industries Association (AIA) said that increased exports of aerospace products in the final quarter of last year sent the aerospace industry’s positive trade balance into record territory, with a final tally of $60.4 billion.Aerospace industry exports soared to almost $97 billion in 2007, an increase of nearly 14 percent over the $85 billion...
moreAsk former Bombardier Aerospace senior vice president for worldwide sales Jahid Fazal-Karim about the current state of the business aviation market and you’re likely to get a lesson in geography as well. Fazal-Karim, who this week became the managing director of aircraft sales and acquisition company Jetcraft Trading, said the business is increasingly...
moreThe market for business jets–both new and used–has taken on a decidedly more global complexion in the past three years in the estimation of Jay and Josh Mesinger, CEO and vice president, respectively, of Boulder, Colorado-based J.Mesinger Corporate Jet Sales. “It used to be when the U.S. sneezed the rest of the world caught a cold,” said Jay Mesinger....
moreHamish Harding, owner of Sino Swearingen SJ30-2 Serial No. 7 and chairman of Action Aviation, is here at the EBACE static display showing off his airplane’s attributes. The company, based at London Luton Airport, is an SJ30-2 distributor. Two SJ30-2s are currently flying, but production is on hiatus pending further funding of the program. Harding has logged...
moreThe Teal Group’s 18th annual business jet overview cites high corporate profits, business globalization, high commodity prices, emerging market growth and a weak dollar for another all-time market high this year, and a sanguine forecast that projects a 10-year demand for 14,289 business jets worth $218 billion. By comparison, the last 10 years saw the...
moreRussian aerospace conglomerate Oboronprom has begun cooperating with European rotorcraft manufacturer Agusta- Westland (Booth No. 7550) in helicopter maintenance, production and distribution–with a 10-aircraft order as a starter. As a first stage, the two companies this month signed a distribution agreement with Loyd’s Investments Corp., a Russian-based...
moreEarly 2008 has seen muted interest, if not a full-blown downturn, in demand for executive charter service in Europe, according to leading charter brokers. “While business levels are still good, corporate client requirements seem to have flattened in the past three to five months,” said David Macdonald, sales director for private jet business at Air Partner...
moreThe next two years seem certain to see a softening in demand for business and private aviation, according to aircraft management and charter group Air Alsie.Nonetheless, the Danish operator is staying focused on prospects for long-term growth, encouraging its owners to consider buying more modern and longer range aircraft that would hopefully be delivered...
more