If you can imagine the Paris Air Show as a stock market then what it has enjoyed this week is a nothing less than a rally–and a very welcome one at that. The world’s aerospace industry arrived here at Le Bourget on Monday morning in a torrential downpour of rain that seemed to symbolize its torrid fortunes over the past year.
At a dramatic new year press conference held beneath the second A400M in the final assembly building in Seville, Spain, the chief executive officers of EADS and Airbus declared that they would stop funding the program at the end of this month.
Piper Aircraft has entered into a global distribution agreement with Aviall Services. Aviall is an after-market supply chain management service for the aerospace, defense and marine industries. The Dallas-based company lists two million catalog items available through 39 customer service centers in North America, Europe and Asia-Pacific.
Odom Aircraft Parts of Salt Springs, Fla., has been acquired by Southwind Aviation, an aftermarket service and support provider for aerospace accessories and structural components. The terms of the deal were not released. Donna Odom, the company’s president, will continue with Southwind Aviation in a senior customer support role. The company was founded in 1954 by her late husband, Glen Odom.
While the setbacks suffered by the business aviation industry over the past year or so have been substantial, the Aerospace Industries Association (AIA) expects them to be short-lived.
As expected, the recession has taken a toll on aircraft manufacturers and would-be manufacturers. But while the list of canceled and delayed projects includes the inevitable marginal programs, the crop of active manufacturers is–with few exceptions–forging ahead with new aircraft.
As partner governments head for another showdown with EADS over the climbing costs and lengthy delays associated with the Airbus Military A400M, there was good news for the program on December 11 when the first aircraft took to the air.
Jet Aviation has signed a service center agreement with Jet Support Services (JSSI) to provide scheduled and unscheduled maintenance services and to supply parts to JSSI and its clients. Terms of the agreement call for Jet Aviation to provide aircraft maintenance, repair and overhaul services at its Basel, Geneva, Zurich, Dusseldorf, London Biggin Hill, Dubai and Singapore locations to JSSI and its customers.
In another sign that the aviation aftermarket is gaining strength, First Aviation Services on Monday closed its acquisition of Kelly Aerospace Turbine Rotables and the propeller overhaul business of Limco-Piedmont, a subsidiary of TAT Technologies. The Kelly deal was announced November 9, and the Kelly business will be operated under First Aviation’s new Aerospace Turbine Rotables subsidiary.
DRB Aviation Consultants, an aircraft interior design firm based in San Antonio, has announced an expansion of services, including completions management, interior planning, turnkey interior kits and vendor management.