Gulfstream Aerospace parent General Dynamics today finalized its purchase of Zurich, Switzerland-based Jet Aviation for approximately $2.18 billion, significantly expanding the General Dynamics aftermarket service footprint around the world. The move not only increases General Dynamics’s maintenance and completions/refurb capability worldwide but also adds 15 FBOs to its portfolio, including five in the U.S. At Gulfstream’s Savannah, Ga.
The CAD maintenance repair station approval allows Jet Aviation Hong Kong to provide locally registered aircraft scheduled and unscheduled line maintenance, airframe and engine repairs, avionics modifications, inspections and defect rectifications as well as AOG support.
Atlantic Turbines International (Atlantic), a Vector Aerospace company, launched its new company brand, Vector Aerospace Engine Services Atlantic, in an announcement on the opening day of NBAA 2008 last month.
Talks between Boeing and its striking machinists could resume this weekend under the terms of an agreement to return to the bargaining table more than a month after 27,000 members of the International Association of Machinists walked off the job September 6.
Corona, Calif.-based Circor Aerospace (Booth No. 2042) has selected India-based HCL Technologies to provide product research and development, IT and engineering services from HCL’s new delivery center in North Carolina and other worldwide centers.
Alenia Aeronautica officially launched the technical activities associated with the so-called Green Regional Aircraft today in Caserta, Italy, where representatives from some 25 program partners met to plan methodologies and procedures, times, deadlines and the project’s budget.
Embraer announced major suppliers that are participating in the joint-definition phase of the Legacy 450 and 500 midsize jet program. Preliminary design for the two new jets was completed in July. The more than 20 suppliers will work with Embraer engineers to “validate the aircraft configuration through a fully digital process, using virtual-reality mockups, the Catia V5 software and state-of-the-art technology,” according to Embraer.
While orders notched by European aerospace OEMs and suppliers in the last year have reached record levels, the continued weakness of the U.S. dollar against the euro is eroding profits and putting increased pressure on some companies to move production outside Europe to low-cost and/or dollar-zone countries.
The Aerospace Industries Association (AIA) has launched a counterfeit parts “integrated project team” to create standards for government and industry to reduce the risk of introducing counterfeit parts into the aviation system and “engage” the government to discuss enforcement policies to help prevent counterfeit parts distribution. This does not apply to FAA-approved PMA parts, even those not sanctioned by OEMs.
Iberia and Gestair formed a joint-venture company in Europe that will specialize in providing corporate aircraft maintenance, including AOG, line and scheduled maintenance. Dubbed CorJet Maintenance Europe, the firm also plans to provide logistical support and spare parts for executive aircraft.