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.

March 11, 2014 - 12:30pm

The National Air Transportation Association’s annual Aviation Business & Legislative Conference was held last week. At the kick-off NATA Industry Excellence Awards Dinner and Presentation, Rep. Sam Graves (R-Mo.) received the William A. “Bill” Ong Memorial award and Marian Epps, CFO of Epps Aviation, received the Distinguished Service Award.

March 11, 2014 - 12:10pm

This Sunday, Los Angeles-area aviation aficionados are invited to the Museum of Flying at Santa Monica Airport for a celebration of the 90th anniversary of the departure of the Douglas World Cruisers on the attempt to be the first aircraft to circumnavigate the globe. The presentation begins at 2 p.m. and includes an oral history presentation by artist, author and historian Mike Machat and a screening of the 2005 documentary on the record-breaking flight.

March 7, 2014 - 5:08pm

Boeing 787 wing supplier Mitsubishi Heavy Industries has determined that a change in its manufacturing processes might have led to the development of hairline cracks in shear ties on Dreamliner wing ribs, Boeing confirmed Friday afternoon. The Chicago-based airframer said the problem could result in some delivery delays, but that the situation would not affect delivery guidance for 2014.

March 3, 2014 - 4:10am

Every year since the start of the great economic downturn of 2008, the business aviation industry has watched business jet deliveries dwindle and searched for signs that the market might have finally hit bottom. The downward slide was finally arrested last year, according to year-end numbers released last month by the General Aviation Manufacturers Association. For the first time since 2008, worldwide deliveries of business jets were higher than the previous year, with manufacturers handing over 678 jets last year, six aircraft (1 percent) more than in 2012.

March 2, 2014 - 12:55am
ABACE 2013 static

For the third successive year in recent times, the Asian Business Aviation Convention & Exhibition (ABACE)–which is organized by NBAA in conjunction with the Shanghai Airport Authority, the Asian Business Aviation Association and the Shanghai Exhibition Center–will return to Shanghai’s Hongqiao Airport. It will run from April 14 to 17 at Shanghai Hawker Pacific’s Business Aviation Centre FBO, and will feature a 43,000-sq-ft (4,000-sq-m) hangar, a 52,000-sq-ft (4,800-sq-m) exhibitor pavilion and extensive ramp area for the static display.

March 1, 2014 - 5:35am

The 2014 Singapore Airshow (February 11-16) fulfilled its promise as Asia’s leading aerospace and defense industry gathering, with an exhibitor base of more than 1,000 companies from 47 countries, representing about a 10-percent increase on the last staging of the biennial event.

February 26, 2014 - 11:00pm

The interestingly-named Purple Platypus at Booth No. 3409 is not exactly what one would expect to see at a helicopter convention, but the Stratasys 3D printer certainly represents the latest technology. Purple Platypus is a distributor for Stratasys, manufacturer of what it says is the world’s first color and multi-material 3D printer, the Objet500 Connex 3.

February 26, 2014 - 9:35pm

An expert panel of senior Russian rotorcraft executives pointed to forecast surging demand for small and medium helicopters in their market between now and 2018. During the seventh annual “Russian Hour” here at Heli-Expo, Russia’s Helicopter Industry Association pointed to large structural changes under way in both the number and the make-up of the nation’s helicopter market, one that for the moment that continues to be dominated by heavy helicopters.

February 26, 2014 - 1:17pm

Embraer’s three-quarter share of the U.S. regional jet market last year might have looked impressive to investors and analysts, but judging by some of the commentary during the company’s quarterly earnings briefing on Wednesday, it apparently didn’t satisfy CEO Frederico Curado.

February 26, 2014 - 1:10pm

On the day that Airbus sent two more A350 development aircraft on their maiden voyages, bringing the test fleet to four, Airbus Group announced during its 2013 annual results press conference that the delayed program had incurred a €434 million charge.

 
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