GE Aviation plans to create an Electrical Power Integrated Systems Research & Development Center near Dayton, Ohio, to research more-electric aircraft systems. The center, which will also explore other non-aviation uses of more-electric technology, is expected to open in 2012.
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Boeing plans to decide by the end of this quarter whether or not to raise production rates for its 737 family, as the company anticipates further strengthening of the market for new narrowbody airliners.
United Airlines has finalized a firm order for 25 Boeing 787-8 jetliners, the Chicago-based carrier announced today. Valued at $4.2 billion at list prices, the deal includes so-called purchase rights for another 50 Dreamliners.
United said it plans to take delivery of the 787s at the same time it begins to retire its Boeing 747s and 767s, between 2016 and 2019.
GE Aviation’s engine business has historically focused on military and airline applications, according to Shawn O’Day, manager of business aviation market- ing for the company. However, there were spin-offs from those areas that were applicable to business aviation and recently the company has intensified its interest in business aircraft by creating the Business & General Aviation (BGA) division, in February 2008.
Last month showed further evidence of the “gradual” business jet recovery that has been under way for the past few months, including a shrinking pre-owned inventory and “some positive signals from the new market,” JPMorgan Global Equity Research said this week in its monthly business jet update.
Boeing announced this month that India had formally expressed interest in acquiring 10 C-17 military transports. The company said the Indian air force wanted to “replace and augment” its fleet of Russian-made Il-76 and An-32 airlifters. The news followed closely on a confirmation that the U.A.E. had signed for six C-17s, as expected. Four will be delivered in 2011 and two in 2012.
Boeing delivered 481 commercial airplanes last year, matching its guidance of 480 to 485 units, the company announced today. The Boeing Commercial Airplanes (BCA) backlog now stands at 3,375 airplanes. Boeing registered 263 gross and 142 net commercial orders for the year as air travel and freight declined and carriers worldwide experienced what Boeing described as severe economic “challenges.”
GE Aviation has named Laura Schreibeis customer support director
With the first flight of its mold-breaking 787 Dreamliner finally accomplished, Boeing now will attempt the Herculean task of finishing flight testing and obtaining certification by the end of next year. Only the weather marred the first flight of the first 787 (ZA001) on December 15, forcing test pilots Mike Carriker and Randy Neville to cut the planned four-hour mission to three hours.
JPMorgan’s latest business jet monthly report 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 aerospace analyst Joseph Nadol III.