Mitsubishi Heavy Industries yesterday said it will establish a wholly owned subsidiary to produce commercial aircraft components in Hanoi, Vietnam. Plans call for the new division, dubbed MHI Aerospace Vietnam Co., Ltd. (MHIVA), to begin assembling metal aircraft components by the spring of 2009, starting with flaps for the Boeing 737.
The General Aviation Manufacturers Association (GAMA) released its third-quarter shipment and billings report, showing good news for business aviation OEMs that already have record backlogs. As the industry adapts to a market where for the first time, more aircraft orders come from outside the U.S.
After less than three years as a stand-alone company, MD Helicopters Inc. (MDHI) has doubled its workforce to more than 400 and expects revenues of at least $150 million this year.
Jeppesen introduced the follow-on version to its CD-ROM FliteCrew DLS training program for pilots. Consisting of eight computer-based modules, the software includes individual sections covering weather, aircraft performance, airport operations, regulations (Part 91 and 135), AIM procedures, human factors, charts and navigation and recurrent medical training, the latter developed with partner MedAire.
Eclipse Aviation signed a contract with Fuji Heavy Industries (FHI) of Japan for the manufacture of complete wing assemblies for the Eclipse 500 very light jet. As part of the long-term agreement, Eclipse also licensed its friction-stir welding process to FHI for use in the wing assemblies, as well as other potential applications within FHI’s manufacturing operations.
The first four years of the 2000s have been a trial for aviation. While the decade got off to a heady start in 2000 with the high times of the late-1990s boom still going strong, by the spring of 2001 the industry’s fortunes were taking a southerly course.
Dubai Aerospace Enterprise made good on a promise to challenge the aerospace industry’s established aircraft leasing giants by committing to orders for 200 new Airbus and Boeing jets worth more than $27 billion.
Over the last five years, no other region in the world has seen air travel, as measured by revenue-passenger kilometers and cargo traffic, grow faster than the Middle East, which has experienced an average growth rate of 12 percent. Boeing forecasts the future passenger traffic growth rate of the region to be 5.2 percent through 2026.
Gulf carrier Qatar Airways yesterday signed an order for five Boeing 777F cargo aircraft and took options on a further five. It also confirmed orders for 22 others previously from unidentified buyers–fourteen 777-300ERs, six -200LRs and two 777F cargo variants.
With a characteristically nimble response to market demand, Emirates Airline hastily re-scheduled an announcement here yesterday of more than $30 billion worth of aircraft orders to accommodate the presence of Dubai ruler HH Sheikh Mohammed bin Rashid al-Maktoum.