There isn’t one manufacturer that doesn’t quietly salivate at the mention of the Latin American appetite for helicopters and the growth of that market. According to Honeywell’s 15th Turbine-Powered Civil Helicopter Purchase Outlook, the appetite for helicopters in Latin America suggests a 34-percent sales spike over the next half-decade.
News and issues concerning aerospace companies, including formations, acquisitions, mergers and financials; and announcements of significant aircraft sales, delivery statistics and personnel appointments.
China’s ambitions to fast-track the development of its aerospace industry continued to be a key driver of merger and acquisitions (M&A) activity during the second quarter, according to financial advising group PricewaterhouseCoopers (PwC).
Austria’s FACC and Belgium’s Sonaca have each won contracts to supply parts of the all-new wings for the Embraer E2 jets, as the program continues to gain momentum since its launch at June’s Paris Air Show. Under the terms of the contracts, FACC will design and build composite ailerons and spoilers, while Sonaca takes responsibility for the airplanes’ carbon-fiber flaps and metallic slats.
Bombardier continues to cite a 12-month flight-test schedule for the CSeries airliner, notwithstanding repeated delays to first flight that have now pushed expected entry into service to August next year at the earliest. Speaking Thursday during the company’s second-quarter earnings call, Bombardier CEO Pierre Beaudoin attempted to refute reports that the company has begun “reassessing” the timespan between first flight and service entry.
GE has completed its acquisition of Turin, Italy-based Avio’s aviation components and systems business for $3.4 billion. Renamed Avio Aero, the new division furthers GE’s participation and expertise in the areas of mechanical transmission systems, low-pressure turbines, combustion technology and automation systems. Avio Aero has content on several GE engines, ranging from the CT7/T700 turboshaft series for helicopters to the GE90 and GEnx turbofan engines for airliners.
Several decades ago there was an advertisement with three elderly ladies in a fast-food joint. They look at a burger and ask, “Where’s the beef?” One panelist at a NextGen symposium hosted by the Air Line Pilots Association (ALPA) International and the National Air Traffic Controllers Association (Natca) in late June suggested that selling NextGen to the end users may present a similar perception problem. “Where is the hype?” he asked. “I just don’t see the hype.”
The heads of the various general aviation trade associations participated in a roundtable forum here at AirVenture Tuesday to discuss the industry’s deteriorating relationship with the FAA. Attendees were asked to sign petitions opposing user fees and the FAA’s imposition on air traffic fees at AirVenture and given “This Isn’t Over Buttons,” referring to the EAA’s continuing legal challenge of those fees.
European aerospace conglomerate EADS reported increased revenues and profitability for the first half of the year on Wednesday, driven mainly by its Airbus commercial aircraft business. The company said it will rebrand itself next year as the Airbus Group to emphasize the predominance of its commercial business.
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.
Bombardier’s new CSeries airliner won’t fly by the end of July as most recent program schedules had indicated, the company confirmed in a statement released Wednesday. It now expects first flight to occur “in the coming weeks.”