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.

May 21, 2014 - 2:30am

Honeywell Aerospace marks its 100th anniversary on June 18, with the avionics and engines group’s founding moment being defined by Lawrence Sperry’s introduction of the first autopilot system in 1914. For the remainder of the 20th century, the process of corporate realignment that resulted in today’s Honeywell gathered pace as industry leaders Garrett, Bendix, King, Allied-Signal, Sperry, Sundstrand and Lycoming all ended up in one technology powerhouse.

May 20, 2014 - 3:00pm

European Union government ministers meeting at the ILA air show in Berlin on Tuesday said they will back a new European Commission (EC) complaint to the World Trade Organization (WTO) over the state of Washington’s offer of $8.7 billion in financial support for Boeing’s 777X development.

May 20, 2014 - 2:40pm

Stating that he believes the worst years of the global economic downturn are behind us, EBAA CEO Fabio Gamba welcomed the audience to the opening session kicking off EBACE 2014 yesterday morning with “confidence that 2014 is going to be, if not a defining moment, certainly a positive and exciting one.” He cited this year’s total of 499 exhibitors, an amount which is up 8 percent over last year’s tally, along with a 4 percent rise in occupied exhibit space.

May 20, 2014 - 2:30pm

“It’s good to be able to report some silver linings,” said EBAA CEO Fabio Gamba, welcoming the press on Monday to EBACE 2014. He noted recent major economic indicators, which of late have tracked towards the positive.

May 20, 2014 - 2:10pm

Textron Aviation (Booth 6113), here for the first time since it integrated Cessna, Beechcraft and Hawker, has a number of programs in development or just certified. The transition to a unified company is taking place in customer support, too, with maintenance technicians undergoing cross-training on all of each brand’s models. However, while Hawker jets continue to be supported, the company has no plan to produce any more aircraft under the brand, Textron Aviation president and CEO Scott Ernest said during a press conference on Tuesday.

May 20, 2014 - 12:15am
Marco Tulio, president and CEO Embraer Executive Jets, views market as at risk. (Photo: Guillaume Lecompte-Boinet)

Embraer Executive Jets (EEJ) tentatively takes the view that the business aviation market is maintaining what its president and CEO Marco Tulio defined as “mild recovery” during a press briefing at the Brazilian airframer’s headquarters in São José dos Campos. The company, which generated revenues for its group of $1.65 billion for its parent group last year, is forecasting a relatively conservative number of deliveries for 2014 with a projected total that is likely to be close to the 119 jets delivered last year.

May 20, 2014 - 12:15am

A key success for Embraer Executive Jets (EEJ) has been the level of flight activity for its fleet in recent months. According to the Brazilian company, its aircraft outflew its main competitors in the last few months of 2013, based on available statistics from the U.S. Federal Aviation Administration and Eurocontrol.

May 19, 2014 - 12:45pm

VIP cabins for narrowbody airliners have stuck to traditional approaches with little thought for the practicalities of aircraft. This is the basis upon which SR Technics (Booth 2425) set out to redefine the approach to cabin design based on what it sees as a changing customer base, with younger generations of travelers who are more casual and more tech-savvy.

May 19, 2014 - 3:00am
In acquiring the Broughton works, Marshall not only bought access into the lucrative Hawker and Beechcraft world, but also gained a design and engineering facility highly experienced in special-mission modifications, such as that applied to this King Air.

Marshall Aerospace and Defence Group is one of the oldest and most respected names in aerospace through its long history, consisting primarily of military work. While it has been involved in business aviation for many years, and has 40 years’ experience in performing MRO work on Cessna Citations, the group is now dramatically expanding its footprint in the sector.

May 19, 2014 - 1:00am

Business aircraft manufacturers here at EBACE this week will be hoping to disprove suggestions that demand for new airplanes in Europe from current (or prospective) operators will decline. While Bombardier Aerospace foresees the region remaining second only to North America in its long-term requirements, equipment supplier Honeywell has detected less short-term enthusiasm. Globally, both companies’ market forecasts predict delivery of almost 10,000 new business aircraft in the next 10 years.

 
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