The 2003 Paris Air Show, held June 15 to 22, opened against a backdrop of bitter transatlantic political disputes over France’s opposition to the U.S.-led Iraq War and the future of the Middle East. It ended with carriers from that region providing the whole aerospace industry with a welcome financial shot in the arm by placing multi-billion-dollar orders for new airliners.
The FAA is again asking for public comments on its review of FAR Parts 135 and 125, which started last month in Washington, D.C. An aviation rulemaking committee made up of industry representatives met over three days to address about 130 issues.
Northrop Grumman rates its chances of clinching the KC-X contract as only 50 percent, if the U.S. Congress intervenes in the decision. Paul Meyer, who heads the company’s bid team, told Aviation International News of his confidence that the Pentagon would select the KC-45 again the second time around. But he fears that protectionist sentiment could overturn the verdict.
Yesterday AgustaWestland and Boeing signed an agreement to jointly manufacture the Boeing CH-47F Chinook helicopter for the Italian army. AgustaWestland serves as the prime for the Italian contract, and takes responsibility for design and systems integration, plus delivery. Boeing Rotorcraft Systems plans to build the Chinook fuselages at its plant at Ridley Park, Pennsylvania.
Dubai Aerospace Enterprise (DAE) Capital plans to acquire ten Boeing 747-8Fs and eight 777Fs from Emirates Airline in a split purchase and leaseback agreement that will increase its lease portfolio to 49 aircraft. DAE Capital has 200 Airbus and Boeing aircraft on order for delivery during 2010-13
IATA director general Giovanni Bisignani lambasted European governments for their alleged greediness for environmentally inefficient taxes here yesterday.
For the third day running, Airbus and Boeing defied pessimistic predictions of softening demand for airliners with new contracts collectively worth almost $6 billion.
Reportedly rising at 4 a.m. to work a 16-hour day at Boeing Commercial Airplanes division’s Everett plant in northwest U.S., Boeing 787 program vice president and general manager Pat Shanahan has been “a little busy.” Accordingly, the biggest question at Farnborough International– from those used to seeing him only at the factory–has been, “What are you doing here?”
The U.S. FAA granted avionics display provider Barco FAR Part 145 repair station authorization at its service center in Duluth, Georgia. The approval enables Barco to perform maintenance on control display units and flight displays used in a variety of airplanes, including the Boeing 737-700, Lockheed C-130J, Lockheed C-5, Pilatus PC-12 and Grob SPn.
Despite a second-quarter charge of approximately 22 cents per share for delays on its airborne early warning & control (AEW&C) program, Boeing expects per-share earnings of $5.70 to $5.85 in 2008. The company also continues to expect strong double-digit earnings growth in 2009 with earnings per share unchanged at $6.80 to $7.