Naaco’s ‘Mercury Mod’ Turns 15
Naasco, the starter-generator MRO specialist, is celebrating the 15th anniversary of “Mercury Mod,” its improvement program for starter-generators.
Naaco’s ‘Mercury Mod’ Turns 15
At Eurocopter’s annual Heli-Expo breakfast press conference yesterday, CEO Lutz Bertling said the company is using the current economic downturn to retool its business for greater performance and efficiency, while actively pursuing the next generation of helicopter technologies including its Blue Edge and Blue Pulse blade and other research and development programs “so that we will be ready for the market once the upturn comes.” He also said t
While the rest of the world continues to struggle in the grip of an economic crisis, the recent Latin American Business Aviation Conference & Exhibition (Labace) suggests that business aviation in Latin America, and Brazil in particular, is healthy and growing. Labace 2009’s record log of 13,342 visitors was 1,212 more than the previous year, not to mention the healthy list of 110 exhibitors.
While much of the world struggles in the grip of a financial crisis, the economies in Latin America–and Brazil in particular–appear stable and even growing.
Eurocopter CEO Lutz Bertling in June said Brazil is to become his company’s “fourth domestic country,” after France, Germany and Spain. Pointing out the country wants to build its helicopter industry into a major player–like Embraer in regional jets–he said Helibras, a 70-percent-owned local subsidiary, will expand. Over the coming years, it will double in size and staff (workforce currently stands at 300).
Russia is a ripe market for Western helicopters, and at least one company, AgustaWestland, plans to establish manufacturing there. Overall there is considerable potential for more Western rotorcraft penetration in the Russian market especially in the civil, law enforcement and oil-and-gas sectors, with a demand that could grow to 450 to 500 helicopters by 2015.
Eurocopter CEO Lutz Bertling rebuffed concerns about how his company would fare in the face of the ongoing global economic crisis by stressing the company’s market dominance and its commitment to conserving euros. “Cash is king,” he said, adding that Eurocopter has improved its cash position and dramatically reduced production lead times–by 35 percent–over the last year and that the company has “exceeded our efficiency goals.”
Eurocopter had its second best year ever in 2008 but is anticipating more than a 30-percent fall in sales for this year. Speaking at the manufacturer’s annual press conference in Paris last month, CEO Lutz Bertling insisted the firm’s strategy is not affected by the downturn, and he outlined plans for further international expansion.
Defense business accounts for nearly half the turnover of Eurocopter, and recent export orders should help the EADS subsidiary overcome a downturn in commercial orders. Over the past two months, a major deal to supply 50 EC 725 Cougars to Brazil has been announced, followed by 15 more to Greece for SAR duties.
Lider Aviação, celebrating its 50th anniversary this year, is investing $7 million in a new hangar at the Jacarepaguá Airport in Rio de Janeiro. The 45,000-square-foot facility is slated to be completed later this year and will house a factory-approved Bell and Helibrás/Eurocopter service center.