Britain’s GKN Aerospace has signaled its intention to bid for stakes in one or more of the Airbus factories now being put up for acquisition or partnership under the troubled European airframer’s Power8 restructuring plan. The strategic acquisition could play a key part in GKN’s ambition to more than double its annual revenues to reach $4.2 billion by 2016.
News and issues concerning aerospace companies, including formations, acquisitions, mergers and financials; and announcements of significant aircraft sales, delivery statistics and personnel appointments.
French aerospace equipment maker Zodiac is selling its marine business to boost its aerospace activity. This process may see it taking over one of the three European factories for which Airbus is seeking partnership arrangements under its Power8 reorganization plan. With the same goal in mind, Zodiac has strengthened the family-owned group’s senior management team.
Dassault is increasingly using tactile virtual reality (VR) to design its Falcon business jets. Haptic (from the Greek for sense of touch) interfaces, such as force-feedback arms, allow engineers to better check maintainability early in the design phase. Along with several partners, the French manufacturer (Booth No. 7514) is integrating these tools into its Catia v5 product lifecycle management (PLM) suite of software programs.
Demand for new business aircraft in Europe is riding high on a wave of economic growth that is particularly strong in the former communist eastern states. The market is being fanned by the bolstered buying power of customers paying in euros and British pounds as the U.S. dollar continues to languish on international currency exchanges.
The European Business Aviation Association (EBAA) has never had more work on its plate and the industry has never had a greater need for the group’s lobbying efforts on its behalf. This was the headline message from EBAA chief executive Brian Humphries as the 2007 European Business Aviation Convention & Exhibition (EBACE) prepared to open.
Business jet shipments worldwide increased 12 percent in the first quarter of this year over the same period last year, according to a report released Friday by the General Aviation Manufacturers Association (GAMA). The association said that the industry delivered 211 aircraft between January 1 and March 31, compared with 188 in the same period last year.
The Aeronautical Repair Station Association (ARSA), which represents nearly 700 members of the international aviation maintenance and alteration community, recently published the results of its 2007 member survey.
The survey highlighted the success and subsequent growing needs of the industry, as international contract maintenance stations continue to expand their role of ensuring safety and efficiency in the skies.
As oil prices remain above the $60 per barrel mark, operators, oil companies and government regulators are showing ever more interest in alternative jet fuels. At a March 8 speech at the U.S.
Brazilian manufacturer Embraer released mixed first-quarter delivery numbers last month. The company delivered 25 aircraft, of which five were business jets.
Mojave, Calif., is a unique place. As they drive north on State Highway 14, approaching the small burg of approximately 3,700 people, visitors first notice the hundreds of blades turning in windmill farms on hillsides to the west of town. Across the highway, dozens of jetliner tails sprout from the desert floor, idling in storage in the arid desert air at Mojave Airport.