Automotive industry

March 13, 2014 - 1:54pm

At its 57th annual convention on Thursday, the Aircraft Electronics Association (AEA) announced that 2013 worldwide general aviation avionics sales reached a total of more than $2.4 billion. This is 6.9 percent higher than the comparable 2012 number. Of the $2.4 billion in sales generated last year, 54 percent were for forward-fit (new aircraft) and 46 percent for retrofit (aftermarket). “There are many signs for our market recovery,” said Paul Derks, AEA president.

February 26, 2014 - 4:34pm

For Sikorsky, 2013 was a mixed bag, according to company president Mick Maurer, who gave his company’s year-end summary presentation yesterday at Heli-Expo. While the company reached a record backlog of more than $15 billion, it also recorded an 8-percent drop in sales, to $6.3 billion, the decrease driven largely by a drop-off in U.S. government orders on both the OEM side and the aftermarket segment last year.

October 17, 2012 - 12:10pm

CRS Jet Spares, a business aviation aftermarket parts supplier, has been authorized to be Securaplane’s sales and service center in Brazil. The authorization is an extension of the relationship the two companies have in the U.S.

The CRS base of operations in Fort Lauderdale makes it geographically desirable as a gateway for the South American market. CRS also plans to establish a facility in Brazil that will be a sales, logistics and service center supporting the aftermarket needs of Gulfstream, Challenger, Hawker, Falcon and Lear operators.

April 30, 2011 - 9:10am

Italian cabin components specialist Iacobucci is perhaps better known for its galley products, but the company has recently expanded its line to include this executive seat. Created in partnership with BMW DesignworksUSA, the seat was on show at Aircraft Interiors Expo 2011 for the first time.

December 15, 2010 - 10:43am

“We are grateful to announce that, for the first time since the international economic downturn, we are reporting sales are up for our company for a consecutive four-month period,” said Armando Leighton, Jr., CEO and founder of CRS Jet Spares. Jack Caloras, v-p of sales/operations, noted that the parts business is a microcosm of the industry as a whole.

August 31, 2010 - 9:33am

Honda Aircraft in late July said that power was switched on for the first time in its first conforming flight-test HondaJet light jet, while the fuselage and wing assemblies were mated for the first static test aircraft.

July 16, 2010 - 2:02am

Satair (Hall 1 Stand C12) has become the exclusive distributor for Eaton Aerospace Group’s fuel systems division (FDS) in the UK. Denmark-based Satair has also agreed to provide aircraft-on-ground (AOG) and warranty return administration and support. Eaton and Satair have established a phased implementation plan designed to assure continuity of service and support during the transition.

February 22, 2010 - 5:22am

Australia’s Gippsland, which is in the process of bringing the twin turboprop Nomad back into production as the Airvan GA24, has cut metal on the Airvan GA10, a 10-seat high-wing turboprop single. The purchase of a majority share in the company by Indian automotive conglomerate Mahindra & Mahindra has ignited increased activity at Gippsland. 

December 28, 2009 - 6:41am

The coordinated response by NBAA, GAMA and business jet manufacturers to critics who chose to make business aircraft a high-profile symbol of all that’s wrong on Wall Street ranks as one of the biggest stories we covered in the last year–in part because of how successful the counter p.r. effort turned out to be.

June 29, 2009 - 11:58am

In U.S. Bankruptcy Court on June 18, General Motors won approval to end the leases on its fleet of jets, which includes two Gulfstream Vs and five Gulfstream IVs. The court also voided the automaker’s lease on a hangar at Detroit Metropolitan Airport. No one contested the court’s decisions; in fact, a lawyer for GM’s unsecured creditors supported them.