JPMorgan’s latest business jet monthly report, released yesterday, indicates that October was another month of modest improvement in aircraft demand and utilization. Further, pre-owned business jet inventories fell for the third straight month, “and the peak for this cycle now seems more firmly behind us, but they remain at very high absolute levels,” noted JPMorgan aerospace analyst Joseph Nadol III.
Here at NBAA as a first-time exhibitor, Liebherr-Aerospace (Booth No. 4073) is rapidly gaining ground in the Americas and other parts of the world and developing new products for aircraft interiors. Its parent company, Liebherr-International in Bulle, Switzerland, opened its first U.S. operation in Saline, Mich., and recently has moved more aggressively to gain market share in the Western Hemisphere.
SkyBooks, a unit of Textron, is adding an integrated inventory tracking module to its maintenance-tracking and operations management service. The user-managed program allows users to add, edit and track cores, bench stock and consumables in their inventories. The module interfaces directly with SkyBooks’ other features, which manage maintenance, warranty, flight operations, expenses, pilot currency and document archiving.
Available business jet inventories dropped 2 percent last month, the second sequential decline in three months following 18 months of consecutive increases, according to a business jet report issued by UBS Investment Research this afternoon. Despite the decline, available inventories are still at 17 percent of the in-service fleet, some 36 percent higher than August last year.
Bombardier Aerospace yesterday confirmed that ExecuJet Aviation no longer holds exclusive sales representation for new Bombardier Challenger, Learjet and Global business aircraft.
Assembly has begun at GE’s manufacturing facility in Lynn, Mass., on the first production GE Honda HF120 engine that will be used for FAA certification tests. “With the experience we’ve gained through our demonstrator engine testing program, we are confident the HF120 engine configuration is mature and are anticipating a smooth FAA certification testing program,” said GE Honda Aero Engines president Bill Dwyer.
Development of Mitsubishi Aircraft’s MRJ regional jet continues on schedule, as some 800 engineers, designers and subcontractors in Nagoya, Japan, work to complete the project’s critical design review by the end of this year. Finished with the project’s preliminary design review in April, the engineering team aims to ready the first of four MRJ90 prototypes for first flight near the end of 2011.
After issuing a proposed Airworthiness Directive that will require operators of Learjet 60s to revise flight and maintenance manual tire inflation information, the FAA has published a Safety Alerts for Operators (SAFO 09012) that addresses tire inflation on all aircraft.
Development of Mitsubishi Aircraft Corporation’s MRJ regional jet continues on schedule, as some 800 engineers, designers and subcontractors in Nagoya, Japan, work to complete the project’s critical design review by year-end. The engineering team finished with the project’s preliminary design review in April and aims to ready the first of four MRJ90 prototypes for first flight near the end of 2011.
Aluminum specialist Alcan (Hall 2 Stand B19) is developing new alloys and new processes to better compete with composite materials, the proportion of which has been steadily increasing in airframes over the past decades. At Voreppe in France, Alcan Engineered Products (Alcan EP) has a major research-and-development (R&D) center to devise and test these solutions.