Dow Jones Industrial Average

March 5, 2011 - 6:20am

Aviall will supply helicopter parts to Broussard, La.-based Rotorcraft Leasing’s 12 bases in Louisiana, Texas, Florida and California. Founded in 1990, Rotorcraft Leasing lays claim to being the largest privately held Part 135 operator in the Gulf of Mexico.

February 23, 2011 - 10:15am

A $50 million aircraft engine research and technology center–a joint project between GE Canada and StandardAero–is being built in Winnipeg, Manitoba, on property leased from the Winnipeg Airports Authority. The project is expected to employ 10 people initially, with the potential to grow to 50 employees within five years.

February 23, 2011 - 9:16am

A $50 million aircraft engine research and technology center–a joint project between GE Canada and StandardAero–is being built in Winnipeg, Manitoba, on property leased from the Winnipeg Airports Authority. The project is expected to employ 10 people initially, with the potential to grow to 50 employees within five years.

January 27, 2011 - 9:13am

Jupiter, Fla.-based business jet broker The Private Jet Company (TPJC) believes that the “confluence of factors creating the current buyer’s market” will not last beyond 12 months. While the firm clearly has a vested interest in encouraging the purchase of pre-owned business jets, it cited third-party data sources to support its claim.

January 19, 2011 - 11:22am

Executive Flight, a 29-year-old FBO and charter and maintenance provider headquartered in Wenatchee, Wash., has opened a satellite repair station at Boeing Field in Seattle. Executive Flight has been maintaining its own air ambulance aircraft at Boeing Field for the past 14 years, according to Mike Mahood, director of maintenance for the charter operation and repair station accountable manager.

December 20, 2010 - 5:40am

Boeing plans to raise its production rate for the 777 program to 8.3 airplanes per month, or 100 airplanes a year, starting in the first quarter of 2013, the company announced this morning. In March the company said it would increase production from five to seven airplanes per month starting in mid-2011.

November 16, 2010 - 6:10am

While Boeing continues its investigation into last week’s in-flight fire aboard the second 787 flight test airplane, the company has established a plan to fly two other aircraft, ZA001 and ZA005, back to Seattle from Rapid City, S.D., and Victorville, Calif. Boeing grounded all six of its flight-test articles immediately after the November 9 incident involving ZA002.   

November 12, 2010 - 8:50am
The second Boeing 787 flight test aircraft lost primary power when a fire bro...

Boeing’s entire fleet of six 787 flight-test aircraft remains grounded as the company investigates the cause of an electrical fire that broke out in the second airplane, ZA002, during a November 9 test flight. The company has determined that a failure in a power control panel, known as the P100 panel, led to a fire involving an insulation blanket and a loss of the airplane’s primary electrical system as it approached Laredo, Texas.

November 10, 2010 - 6:19am

Boeing grounded its entire fleet of 787 flight-test airplanes after crewmembers reported smoke in the main cabin of the second airplane, ZA002, during a test flight from Yuma, Ariz., to Laredo, Texas, yesterday afternoon. The 42 Boeing crewmembers and support personnel on board used emergency slides to evacuate after the airplane landed safely in Laredo.

November 9, 2010 - 11:03am

The recovery in the business jet market was mixed again last month, according to JPMorgan North American Equity Research’s latest monthly business jet report, released on Friday. Indicators for pre-owned business jets deteriorated a bit further last month, the firm said, while manufacturers saw increased order activity for new aircraft.

 
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