Singapore Technologies (ST) Aerospace booked almost $600 million worth of new work during July-September this year, following receipt of business valued at $480 million and $430 million in the first and second quarters of 2013, respectively.
CAE said last week it had received Level D qualification of the world’s first simulator for the Boeing 747-8 freighter, a full-flight simulator (FFS) sold to Luxembourg-based Cargolux Airlines International. Luxembourg’s national aviation authority awarded the simulator EASA Level D qualification. CAE also announced November 12 that it had received Level D qualifications from the FAA for its first two Boeing 787 FFSs for undisclosed North American customers.
Boeing sees the reliability of the 787 Dreamliner improving to originally targeted rates within six months, company vice president of sales for the Middle East Marty Bentrott told a gathering of reporters yesterday during a pre-show briefing here in Dubai. Responding to Qatar Airways CEO Akbar Al Baker’s recent comments about his dissatisfaction with the reliability of the Boeing 787, Bentrott noted that the issues didn’t affect only Qatar, but that Boeing remains committed to resolving them as soon as possible.
Boeing and a trio of Arabian Gulf airlines have set the stage for what could prove one of the most memorable Dubai Air Shows ever, as the parties neared conclusion of negotiations of reported contracts for up to approximately 200 of the new 777X, valued at some $80 billion at list prices. The deals appear likely to effectively launch the project here in Dubai, where executives for Emirates Airline have spent more than two years helping define the ultimate shape of the 350- to 400-seat jet, entry into service of which Boeing has targeted for around 2020.
Rolls-Royce’s strategy of feeding technological developments from new programs back to established engines for upgrades or retrofit changes is creating a range of enhanced-performance (EP) packages being available to customers.
While the business aviation world cautiously waits to see if the signs of recovery in the traditional markets of Europe and North America bear fruit, the original equipment manufacturers (OEMs) are looking elsewhere to satisfy demand for growth. While the Far East and Latin America offer encouragement, it is Africa that offers the best opportunities for increased sales, but the continent also has its own unique set of challenges.
Israel will receive six Bell-Boeing V-22 Osprey tiltrotors, U.S. Secretary of Defense Chuck Hagel confirmed. They will come out of “the next order to go on the assembly line,” he added, with delivery within two years. The V-22s are being built under multi-year contracts, the latest of which was signed earlier this year.
The Middle East is sitting at the end of the air transport rainbow, if Airbus forecasts are to be believed: its share of global traffic will expand faster than that of any other geographical area, increasing by one half in the next 20 years.
Business success anywhere in the world can often depend on a company’s willingness to serve local interests as much as on its ability to offer a good-quality product at a fair price. In the Middle East, perhaps more than elsewhere, a company’s product offerings best come with a readiness to help build a foundation for industrial and societal development. Boeing learned that lesson the hard way, as its past tendency to simply “parachute in” for sales resulted in some lackluster results over the years, particularly in the commercial realm.