Piaggio Aero Industries apparently will enter the business-jet market only if it can line up an existing major aircraft manufacturer as a risk-sharing partner in the long-awaited program. Majority shareholder Mubadala has identified Dassault, Gulfstream and Cessna as prospective partners for a Piaggio jet, according to Homaid Al Shemmari, executive director of the Abu Dhabi group’s aerospace unit.
Mubadala Development Company
Dubai Aerospace Enterprise has declined to confirm or deny reports that its leasing arm, DAE Capital, has cancelled all remaining airliner orders with Airbus. But the European airframer has acknowledged that the Middle East group is not currently a customer and its published orders tally does indeed confirm that orders for 34 A320s and 11 A350-900s are no longer on the books.
Switzerland-based airliner maintenance, repair and overhaul group SR Technics is moving into the business aircraft completions market through a new alliance with TAG Aviation. The partnership will focus on executive versions of Boeing and Airbus airliners, and will also offer refurbishment and maintenance. The work will be done at SR Technics’s main engineering base in Zurich.
Daher-Socata is studying plans for a new aircraft development program under an exclusive agreement with Allied Aviation Technologies, which owns the assets of the SPn light business jet program on behalf of the main creditor for the aircraft’s former developer, Grob Aerospace.
Daher-Socata is jointly studying plans for a new aircraft development under an exclusive agreement with Allied Aviation Technologies, which owns the assets of the SPn light business jet program on behalf of the main creditor for the aircraft's former developer Grob Aerospace.
Recent news reports claimed that Piaggio Aero shareholder Mubadala Development has plans to build its own business jet, but John Bingham, Piaggio America president and CEO, and Piaggio Aero spokesman Enrico Sgarbi told AIN at EAA AirVenture Oshkosh last month that this information is not accurate. "We are [Mubadala's] platform for jets," said Sgarbi.
Abu Dhabi-based Mubadala Aerospace is aiming to be not only a tier-one supplier of large composite structures to Airbus or Boeing, but also a business jet manufacturer. Yesterday at the Farnborough airshow, Mubadala Aerospace executive director Homaid Al Shemmari told AIN in an exclusive interview that the company intends to build a “business jet-sized aircraft” for entry into service in 2018.
Mubadala Aerospace is positioning itself as a tier-one supplier of large composite structures to Airbus or Boeing for future single-aisle aircraft as part of its continuing drive to become a top player in the global aerospace industry. “We’re looking at a stake of up to 20 percent in the composites content of any new aircraft,” executive director, aerospace unit, Homaid Al Shemmari, said yesterday.
Microtecnica To Maintain Tornado Sweep Actuators
Maintenance, repair and overhaul (MRO) specialist SR Technics plans to build a new facility at Malta International Airport, with construction commencing soon, and to begin operating there in an existing hangar in the third quarter of this year. It hopes to benefit from lower labor costs in the region and from its location which gives the Switzerland-based group a foothold in the European Union.