With acquisition of an equity position in Aviation Technical Services (ATS), Greenpoint Technologies, a Kirkland, Wash.-based center specializing in executive outfitting of Boeing bizliners, has expanded its ability “to meet current and future completion needs.”
Economy of the United States
Pats Aircraft in Georgetown, Del., has rationalized its workflow to build on the record performance it achieved last year.
Once part of DeCrane Aerospace, Pats was spun off as an independent company in 2010 when Goodrich acquired DeCrane. (United Technologies subsequently acquired Goodrich.) In late 2011 Pats was restructured in a debt for equity swap and today it is majority-owned by Minnesota-based Wayzata Capital Partners.
Boeing will replace Mike Sinnett as vice president and chief project engineer for the 787 program with his counterpart on the 777, Bob Whittington, as part of a major management shuffle within the company’s engineering ranks, the company announced last Friday.
Development delays with software for the Garmin avionics suites for Cessna’s new Citation M2, Sovereign and X will push back first deliveries by a few months. During a conference call yesterday on second-quarter earnings at Cessna parent Textron, chairman and CEO Scott Donnelly said that deliveries of the M2 and the Sovereign will now start during the fourth quarter of this year, instead of the third quarter as had been planned. Deliveries of the new Citation X will now not begin until “early next year.”
DayJet founder Ed Iacobucci died last Friday after a 16-month battle with pancreatic cancer. After he left Citrix Systems, the software maker that he co-founded, in the early 2000s, Iacobucci started laying the groundwork for per-seat, on-demand charter operator DayJet and placed an order for 239 Eclipse 500s in May 2005. DayJet started operations in October 2007 but ceased flying 11 months later.
Greenpoint Technologies, a VIP completions center for Boeing Business Jets, has acquired an equity position in MRO Aviation Technical Services (ATS). The two have worked together for 15 years on VIP and head‐of‐state programs. Acquiring an equity position ensures Greenpoint will have the hangar capacity and installation labor required to meet current and future completion needs. Jon Buccola, Greenpoint chairman and founder, will serve on the ATS board of directors.
Boeing revealed here at the show yesterday that it is modifying a Bombardier Challenger business jet to be the prototype of its proposed medium-sized Maritime Surveillance Aircraft (MSA). Without specifying a platform, Boeing revealed the project at Farnborough last year, which downsizes and repackages the systems it has developed for the P-8 Poseidon and the 737 AEW&C aircraft onto a midsize jet.
CIT Aerospace placed a firm order for 30 Boeing 737 Max 8s here yesterday. The order, worth some $3 billion at list prices, calls for delivery to the airline’s lessors in 2019 and 2020.
Appearing with Boeing Commercial Airplanes CEO Ray Conner, CIT Transportation Finance president Jeffrey Knittel said he hasn’t yet placed any of the airplanes, but that he harbors no concerns about placing all 30 over the next few years, well ahead of first delivery. “We don’t anticipate any issues,” said Knittel. “The interest level should be very high.”
Boeing’s projection for more than 35,000 new airplanes over the next 20 years suggests a doubling of the size of today’s airliner fleet and a continuing trend in which airline traffic increases outpace economic growth.
To automobile mass-producers, automation in the aerospace manufacturing probably looks fundamentally immature. However, Boeing’s efforts in introducing robotics into 777 production at its widebody plant in Everett, Washington, have translated into some considerable efficiency gains following the company’s transition some eight years ago to a moving, U-shaped assembly line and simultaneous implementation of lean production processes.