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.

July 25, 2007 - 5:19am

Based on the success of the SpaceShipOne (SS1) suborbital craft’s ascent on June 21 (AIN, July, page 2)–becoming the first privately funded manned spacecraft to reach 100 km (328,000 feet)–designer Burt Rutan is confident that he and his company, Mojave, Calif.-based Scaled Composites, will win the $10 million Ansari X Prize by year-end.

July 24, 2007 - 9:58am

As studies on Bombardier’s proposed 110- to 130-seat jets progress, all the early talk about extensive use of new high-tech composites in the airframe now appears somewhat exaggerated if not a complete misrepresentation.

June 27, 2007 - 6:58am

All systems go! That was the message from the Lockheed Martin F-35 Joint Strike Fighter briefing at the Paris Air Show last week. The first test flights have already provided good validation of some of the aircraft’s unique features. The eight international partners are all still onboard, all having signed up for the production sustainment and flight development (PSFD) phase over last winter.

June 20, 2007 - 12:02pm

Visitors to next February’s Singapore Airshow–35,000 professionals is the organizers’ target–will find a spanking new show site and a relaxed atmosphere to help them focus more keenly than ever on the booming business of aerospace.

June 20, 2007 - 11:00am

One way to improve the airline industry’s perceived environmental impact is for carriers to shout louder.  Ironically, the International Air Transport Association (IATA) calls for operators to make more noise comes as airlines claim to have reduced sound levels by 75 percent in the past 40 years.

June 20, 2007 - 10:52am

It seems inconceivable that next November’s Dubai Airshow, the tenth in a series that began modestly in 1989, will be the last at the new site inaugurated just 10 years ago. But in 2009 the aerospace caravan will be pitching camp at the new Dubai World Central (JXB) Airport in Jebel Ali, 40 kilometers and another huge leap of the imagination away.

June 20, 2007 - 10:47am

Irvine, California-based Eaton Aerospace (Hall 3, Stand D5) admits to still being on the acquisition trail despite having doubled its revenues to $1.6 billion (2007 estimated) since its last visit to Le Bourget.

June 20, 2007 - 10:12am

Good news for any aerospace exhibitor who ever complained about the infrastructure or utility services available at the Farnborough Air Show: organizer Farnborough International (Hall 2B, Stand 14B) is spending almost $2 million to improve existing and create new facilities at the site, about an hour’s drive southwest of London. There also may be improved arrangements for business aircraft.

June 19, 2007 - 11:38pm

Dubai plans investments totaling $82 billion in aerospace over the next 10 years in support of its aim to become the world’s aviation and logistics hub.

June 19, 2007 - 11:28pm

Mubadala Development Co. PJSC, a strategic investment and development company owned by the government of the Emirate of Abu Dhabi, has signed a memorandum of understanding with Boeing to explore aerospace opportunities.

 
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