Record how long it takes to read this news item. By the time you finish reading, the world’s airlines will have spent hard-earned (or -borrowed) cash to acquire new equipment at the rate of about $8,745/second.
Rolls-Royce is celebrating its biggest ever civil engines order, a $5.6 billion deal for Trent XWBs to power Qatar Airways’ 80 Airbus A350 XWBs, and it is set to announce even more orders for the engine during the show.
US Airways has also committed to the engine for its 22 A350s in a $1.8 million deal. Both contracts include Rolls-Royce’s TotalCare long-term services agreement.
Aircraft leasing company General Electric Commercial Aviation Services (GECAS) has converted options held on six GE90-110B1L-powered Boeing 777F cargo aircraft, bringing its 777 fleet to 39, of which 15 have been delivered. The latest order, which can be changed to cover passenger variants, brings GECAS 777F orders to 14 and its total Boeing fleet to 378.
Esterline Corporation’s $335 million acquisition of Canada’s CMC Aerospace three months ago has in no small part played a role in the company’s record stock performance of late, and for good reason, according to Esterline CEO Bob Cremin.
A 16-percent operating cost improvement sounds like a formidable hurdle for any aircraft program, but even more so for one at its outset seen as a low-risk grab at a piece of a target market Boeing itself had dismissed as modest at best. But the 747-8 benefits from one thing that most other programs in the past haven’t–a new engine on which a much more expensive proposition rests in the 787 Dreamliner.
Flight-testing of the Boeing 787 electro-thermal wing ice-protection system, jointly devised by Boeing, GKN Aerospace and Ultra Electronics, is to begin following completion of ground trials in the Boeing research aircraft-icing tunnel. Used for the first time in a U.S.
Barely a month has passed since what formerly traded as Smiths Aerospace formally became General Electric Aviation Systems at the closing of the U.S. engine maker’s $4.8 billion acquisition of the business. But according to the new division’s president, Dr.
By all indications, the era of the “more electric” airplane suits Hamilton Sundstrand and its president, Dave Hess. Supplier of the entire primary power generation and virtually all of the power distribution on the Boeing 787 airliner, the Windsor Locks, Connecticut-based division of United Technologies (UTC) expects to generate $15 billion in revenue over the life of that one program.
Quite possibly the last member of the best selling family of airliners in the history of the industry, the recently certified Boeing 737-900ER has at once filled a void in the 200-seat-class market left by the production retirement of the 757, presented Airbus with its first direct competition to the A321 and provided the platform on which CFM International launched its Tech Insertion upgrade for the CFM56-7 turbofan.
At a time when the state-of-the-art in aerostructures design more and more often involves the use of carbon-fiber laminates, companies like Alcoa Aerospace suddenly face a perception challenge unrivaled since aluminum became the material of choice in airplane construction. So the timing of Alcoa Aerospace’s first industry forum, held in New York City on May 2, came as little surprise.