Wholly owned American Airlines regional subsidiary American Eagle Airlines will change its name to Envoy this spring, the company announced last month. It said the move stems from the need to eliminate confusion between the company’s current name and American Eagle, the regional flying brand under which all of American’s 10 regional affiliates will eventually operate.
Economy of the United States
Greenpoint Technologies has signed a second completion customer for a private Boeing 787. The customer’s name is confidential. Greenpoint signed its first 787 completion contract in December last year, and these contracts follow years of preparation for 787 completion programs.
High-speed wind tunnel tests for the Boeing 777X started last week at the company’s transonic wind tunnel in Seattle, Boeing announced Wednesday.
Greenpoint Technologies, a Kirkland, Wash.-based aircraft completions center for Boeing Business Jets, signed a second private Boeing 787 completion contract. It won its first 787 completion contract, for an undisclosed customer, last month. The center has been preparing for its first 787 interior outfitting project for the past seven years, sending teams to attend Boeing symposiums and to study the aircraft’s systems and composite fuselage structure.
Associated Air Center (AAC) has been awarded the interior completion contract for a green Boeing 787-8 BBJ. The aircraft interior is already under full design review. AAC has also kicked off detailed planning, staffing and training in anticipation of delivery of the green aircraft from Boeing in the middle of this year. The aircraft offers 2,404 sq ft of cabin floor area and a range of 9,590 nm; the larger 787-9 BBJ offers 2,762 sq ft of cabin space and a range of 9,950 nm.
Boeing set a company record in 2013 for the most commercial airplanes delivered in a single year with 648, the company announced Monday. Its unfilled commercial orders stood at 5,080 at the end of the year, also a new Boeing record.
General Dynamics made some changes to its subsidiary leadership. Jason Aiken, previously senior v-p and CFO of Gulfstream, has been promoted to General Dynamics CFO. He replaces L. Hugh Redd, who is retiring. Daniel Clare, formerly president of Jet Aviation, succeeds Aiken. Robert Smith was promoted from Jet Aviation’s CFO to president.
Textron and Beechcraft Corp. announced late yesterday that Textron has agreed to acquire Beech Holdings, LLC, the parent of Beechcraft Corp., for approximately $1.4 billion in cash. This confirms rumors swirling over the past few months.
U.S. civil aircraft sales will increase by 7.7 percent, to $67 billion, this year, providing the only growth within an aerospace sector that will see overall flat results. Total aerospace sales, including sales of military aircraft, missiles, spacecraft and related products and services, will total $220 billion, down about $2 billion from 2012, the Aerospace Industries Association (AIA) estimates.
A busy couple of weeks for the executives heading Boeing’s 777X production site search perhaps overshadowed other significant developments, including an announcement last week that the company will help build a new full-service training facility in Russia and the revelation of plans to restructure its research and technology organization (BR&T) through the establishment of research centers in Alabama, California, Missouri, South Carolina and Washington state.