Aerospace Industry

News and issues concerning aerospace companies, including formations, acquisitions, mergers and financials; and announcements of significant aircraft sales, delivery statistics and personnel appointments.

March 25, 2014 - 11:51am

Bombardier appeared to backtrack on comments in the Russian press by CEO Pierre Beaudoin indicating that the country’s annexation of Crimea could threaten the Canadian company’s planned joint venture with Russian conglomerate Rostec. On Monday a Bombardier Aerospace spokesman told AIN that the Canadian company remained “fully committed” to plans for a Q400 turboprop factory in a special economic zone in the Ulyanovsk region, and that the comments by Beaudoin didn’t refer specifically to the agreement with Rostec.

March 17, 2014 - 11:48am

Airbus has started final assembly of the first A320neo in Toulouse, France, with the attachment of the forward and aft fuselage sections, which recently arrived from St. Nazaire in France and Hamburg in Germany, respectively.

March 13, 2014 - 2:20pm

As already reported by AIN, Dassault Aviation will launch a new Falcon business jet at May’s EBACE show in Geneva. At a press conference in Paris on Thursday to announce its annual financial results, the French group’s CEO, Eric Trappier, confirmed its intention to introduce an aircraft currently being developed under the name “M 1000” but declined to give any other details.

March 13, 2014 - 2:11pm

Eclipse Aerospace (EAI) marked the official start of customer deliveries for its Eclipse 550 very light jet Wednesday, as company CEO Mason Holland handed over S/N 265 to Louisiana businessman Fred Phillips at the company’s Albuquerque, N.M. headquarters.

March 13, 2014 - 1:48pm

The second annual Nigerian Business Aviation Conference, to be held in Lagos on March 27-28, is expected to see increased attendance, reflecting the west African country’s position as a hot-spot for industry growth. New topics such as an aircraft owner’s panel and a discussion of the aviation needs of the oil and gas sector have been added to an agenda that already covers topics such as regulator issues and aircraft finance.

March 13, 2014 - 1:20pm

North American flight activity experienced its traditional February lull, according to data provider Argus in its monthly TraqPak report. Part 91, 135 and fractional flights were down 3.7 percent overall last month from the previous month, but those numbers were up half a percentage point compared with the previous February. The small-cabin fractional market saw a year-over-year increase of nearly 20 percent, the second straight month the segment had the largest growth.

March 12, 2014 - 3:57pm

Airbus has bolstered its presence in India with the appointment of Srinivasan Dwarakanath as CEO of Airbus India. The European airframer’s local subsidiary also has a new chairman in the shape of Charles Champion, who is the parent company’s executive vice president for Engineering and a member of the executive committee.

March 12, 2014 - 1:53pm

Rolls-Royce is looking to expand its engine component manufacturing activities in India, possibly adding new product lines and increasing the size of the facilities at its International Aerospace Manufacturing Pvt Ltd (IAMPL) operation in Bangalore, which already makes parts for the Trent 700 turbofan.

March 12, 2014 - 12:30pm

Embraer has achieved a 6.4-percent average fuel efficiency improvement with its updated E175, significantly more than the 5-percent gain originally targeted, the company said Wednesday as it rolled out the first of the updated models featuring what it calls a range of aerodynamic improvements. Modifications include the introduction of a new wingtip, systems improvements and aerodynamic streamlining. Embraer plans to deliver the first E175 with the complete package of modifications to Indianapolis-based Republic Airways “in the coming weeks.”

March 12, 2014 - 8:03am

The international presence at the fourth edition of the biennial India Aviation show, which opens today in Hyderabad, has increased significantly in recent years, with 18 major global aerospace groups now exhibiting, including Airbus, Boeing, Gulfstream, Bombardier, Dassault, Embraer and Rolls-Royce.

 
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