Boeing has released half of the defined design for the 777F cargo aircraft to its factories and suppliers to begin manufacture of tools, parts and assemblies. The large twin-engine freighter is said to be on track to meet Boeing’s performance commitments. Launch customer Air France, which ordered the aircraft in May 2005, expects to receive the first of five examples in the last three months of next year.
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Making its first appearance at a global aerospace exhibition since being acquired by Boeing last September, equipment and parts distributor Aviall (Hall 5 Stand A17) is promoting key elements of its range of general aviation, airline and military product lines. Exhibits here include Goodyear aircraft tires, Keddeg and PTI filtration products, Otto Instruments turbine engine wiring harnesses and batteries from Teledyne Battery Products.
At a time when the state-of-the-art in aerostructures design more and more often involves the use of carbon-fiber laminates, companies like Alcoa Aerospace suddenly face a perception challenge unrivaled since aluminum became the material of choice in airplane construction. So the timing of Alcoa Aerospace’s first industry forum, held in New York City on May 2, came as little surprise.
Prices for new Boeing jetliners could harden as the manufacturer works to manage production rates and outsourced parts supplies in the face of continuing high demand that Boeing says defies previous market cycles.
The boom in demand for business jets is inevitably pushing prices skyward, and Citi Private Bank is here (Booth No. 858) to help would-be buyers finance their airplanes.
Wrapping up a major four-year effort, officials from Rockwell Collins, NASA Langley Research Center, the FAA and other entities were scheduled to conduct today the culminating test flight of developmental advanced-vision avionics for civil and military aircraft.
CIT Group has sold most of its corporate aircraft financial business to GE Commercial Finance. The transaction includes approximately $700 million in loans and $200 million in leases on 380 business jets, turbo props and helicopters.
Despite the standoff between Boeing and the Russian government over import tax relief for U.S.-made commercial jets, the Chicago-based manufacturer insists that its participation in the Sukhoi-led Russian Regional Jet has not yet run its course. A spokeswoman told AIN that Boeing remains under contract with Sukhoi until the end of this year, and that the lack of progress in talks with the government bears no relationship to the U.S.
With election time nearing, look for presidential candidates to fuss, fret and be defensive about government spending. The Congressional Budget Office (CBO) issued a report that took issue with President Bush’s promise to cut the budget deficit in half in five years. Bush predicts a budget drop from $521 billion this year to $239 billion in 2009.
The struggling airline industry produced another casualty last month with Boeing’s announcement that it will put the brakes on its once ambitious Air Traffic Management unit (AIN, July 2003, page 85). Boeing established the business in 2000 with the hope of convincing the federal government and airlines to overhaul ATC to include satellite-based navigation systems and sophisticated airborne data transmission.