European Union government ministers meeting at the ILA air show in Berlin on Tuesday said they will back a new European Commission (EC) complaint to the World Trade Organization (WTO) over the state of Washington’s offer of $8.7 billion in financial support for Boeing’s 777X development.
News and issues concerning aerospace companies, including formations, acquisitions, mergers and financials; and announcements of significant aircraft sales, delivery statistics and personnel appointments.
Stating that he believes the worst years of the global economic downturn are behind us, EBAA CEO Fabio Gamba welcomed the audience to the opening session kicking off EBACE 2014 yesterday morning with “confidence that 2014 is going to be, if not a defining moment, certainly a positive and exciting one.” He cited this year’s total of 499 exhibitors, an amount which is up 8 percent over last year’s tally, along with a 4 percent rise in occupied exhibit space.
“It’s good to be able to report some silver linings,” said EBAA CEO Fabio Gamba, welcoming the press on Monday to EBACE 2014. He noted recent major economic indicators, which of late have tracked towards the positive.
Textron Aviation (Booth 6113), here for the first time since it integrated Cessna, Beechcraft and Hawker, has a number of programs in development or just certified. The transition to a unified company is taking place in customer support, too, with maintenance technicians undergoing cross-training on all of each brand’s models. However, while Hawker jets continue to be supported, the company has no plan to produce any more aircraft under the brand, Textron Aviation president and CEO Scott Ernest said during a press conference on Tuesday.
Embraer Executive Jets (EEJ) tentatively takes the view that the business aviation market is maintaining what its president and CEO Marco Tulio defined as “mild recovery” during a press briefing at the Brazilian airframer’s headquarters in São José dos Campos. The company, which generated revenues for its group of $1.65 billion for its parent group last year, is forecasting a relatively conservative number of deliveries for 2014 with a projected total that is likely to be close to the 119 jets delivered last year.
A key success for Embraer Executive Jets (EEJ) has been the level of flight activity for its fleet in recent months. According to the Brazilian company, its aircraft outflew its main competitors in the last few months of 2013, based on available statistics from the U.S. Federal Aviation Administration and Eurocontrol.
VIP cabins for narrowbody airliners have stuck to traditional approaches with little thought for the practicalities of aircraft. This is the basis upon which SR Technics (Booth 2425) set out to redefine the approach to cabin design based on what it sees as a changing customer base, with younger generations of travelers who are more casual and more tech-savvy.
Marshall Aerospace and Defence Group is one of the oldest and most respected names in aerospace through its long history, consisting primarily of military work. While it has been involved in business aviation for many years, and has 40 years’ experience in performing MRO work on Cessna Citations, the group is now dramatically expanding its footprint in the sector.
Business aircraft manufacturers here at EBACE this week will be hoping to disprove suggestions that demand for new airplanes in Europe from current (or prospective) operators will decline. While Bombardier Aerospace foresees the region remaining second only to North America in its long-term requirements, equipment supplier Honeywell has detected less short-term enthusiasm. Globally, both companies’ market forecasts predict delivery of almost 10,000 new business aircraft in the next 10 years.
After the third running of the Bahrain International Airshow (BIAS, Stand 1183) this past January was hailed as a success by its organizers, preparations are already being made for the next event in 2016. Hopes are high that it can surpass commercial deals of around $2.1 billion–the 2014 figure that was more than double that of 2012.