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.

November 26, 2013 - 2:40pm

Worldwide avionics sales in the third quarter totaled more than $1.72 billion, according to the Aircraft Electronics Association’s latest quarterly avionics market report. In the first nine months, the industry recorded more than $5.1 billion in total worldwide avionics sales. Last year, nearly $6.3 billion in avionics were sold. The amounts include all aircraft electronic products (both certified and noncertified), hardware, batteries and chargeable product upgrades from the 20 participating avionics manufacturers.

November 18, 2013 - 12:22pm
Dubai Airshow

All signs now point to the fact that the Dubai Airshow is number one on the list of must-attend and must-exhibit venues on the worldwide airshow circuit. Two key indicators this year are the Dubai’s show’s stellar new site at Dubai World Central’s Al Maktoum International Airport and the massive orders garnered by the top two airframers–Airbus and Boeing–during this year’s show. This is likely more than just good timing, but an indication of the growing importance of the biennial Dubai event.

November 18, 2013 - 12:22pm

All signs now point to the fact that the Dubai Airshow is number one on the list of must-attend and must-exhibit venues on the worldwide airshow circuit. Two key indicators this year are the Dubai’s show’s stellar new site at Dubai World Central’s Al Maktoum International Airport and the massive orders garnered by the top two airframers–Airbus and Boeing–during this year’s show. This is likely more than just good timing, but an indication of the growing importance of the biennial Dubai event.

November 18, 2013 - 10:00am

Any potential thaw in U.S.-Iran relations is unlikely to relax long-standing economic sanctions that have hobbled the latter’s commercial and defense aviation sectors for decades. Most recently, United Nations’ Resolution 1696, in force since 2006 and in response to Iran’s nuclear ambitions, has limited Iran’s ability to obtain approved spare and replacement aircraft components and to conduct international financial transactions.

November 17, 2013 - 12:15pm

Atlantic FuelEx has been appointed as a member of the steering committee of the Arab Air Carriers Organization (AACO). The Dubai-based company is the first fuel reseller to be appointed to the group, which is focused on improving the reliability and quality of fuel supplies to carriers in the region.

November 17, 2013 - 10:15am

Singapore Technologies (ST) Aerospace booked almost $600 million worth of new work during July-September this year, following receipt of business valued at $480 million and $430 million in the first and second quarters of 2013, respectively.

November 17, 2013 - 10:15am

Singapore Technologies (ST) Aerospace booked almost $600 million worth of new work during July-September this year, following receipt of business valued at $480 million and $430 million in the first and second quarters of 2013, respectively.

November 17, 2013 - 9:45am

For the first time the public will have the chance to experience the thrill of the Dubai Airshow flying display through Skyview. From Monday through Thursday Skyview visitors can enjoy the best of the flying from a special grandstand that has been installed to provide a superb view of the aerial demonstrations.

November 17, 2013 - 9:15am
Hybrid Air Vehicles

This could be the shape of things to come–moving cargo into remote locations on a large, lighter-than-air (LTA) craft. Hybrid Air Vehicles (HAV) of the UK is still pushing the LTA concept for a variety of missions, despite the early demise of the U.S. Army’s Long Endurance Multi-Intelligence Vehicle (LEMV) surveillance program. HAV provided the design and key components to Northrop Grumman for the LEMV, which fell behind schedule and flew only once, in August 2012.

November 17, 2013 - 9:00am

Farnborough International has reported that sales of space at the 2014 Farnborough International Airshow (Stand 1375) have almost reached 80 percent, with more than six months remaining before the show opens next year (July 14 to 20). More than 16 percent of the current applicants are first-time exhibitors, and there is an increase in international participation.

 
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