EADS is going global, but not leaving its European roots behind. That message from the company’s management team reverberated this week as it forges ahead with restructuring efforts in a difficult economic climate.
Farnborough Air Show » July 14, 2008
The new TR-3 turbojet shown at the Safran stand (Hall 4/B12) is the smallest yet to be developed and put into production by Microturbo (one of Safran’s subsidiary companies). Certification of the tiny engine is expected by the end of this year, with series production slated to begin in 2009.
French-Italian regional turboprop manufacturer Avions de Transport Régional (ATR) is considering a new aircraft to complement its 46/50 passenger ATR 42 and 68/74-seat ATR 72 regional turboprop aircraft. CEO Stéphane Mayer confirmed that the airframer is studying a larger turboprop, probably to seat between 90 and 100 seats, and options including a two- or three-member family. “A stretch [of today’s ATR 72] is not a solution,” he said.
Leaders of Europe’s aerospace industry met with the president of the European Central Bank (ECB) at its Frankfurt headquarters on July 10 to express their “deep concern regarding the impact on their industry of the rapid and extreme fluctuation of the U.S. dollar compared to the euro,” according to the AeroSpace and Defense Industries Association of Europe (ASD).
Given the skyrocketing price of oil, the global financial crisis and gloomy forecasts from the travel industry, one might be forgiven for anticipating a message of gloom and doom from a manufacturer of a substantial proportion of the world’s aero engines.
More than a year after predicting at last year’s Paris Airshow that the new 787 twin-aisle twinjet would fly within three months, Boeing is no closer to achieving that important milestone. After three acknowledged delays, Boeing now expects the airplane to fly in the fourth quarter of this year.
In these times of high fuel prices, currency worries and looming recession, it is worth taking a hard look at how the efficiency of the supply chain can be improved. It doesn’t take long to discover that despite all the hyperbole and rhetoric over the past decade from consultants and IT “solution providers,” many in the aerospace industry feel they’re not getting the return on investment they expected.
Leaders of Europe’s aerospace industry met with the president of the European Central Bank (ECB) at its Frankfurt headquarters on July 10 to express their “deep concern regarding the impact on their industry of the rapid and extreme fluctuation of the U.S. dollar compared to the euro,” according to the AeroSpace and Defense Industries Association of Europe (ASD).
Given the skyrocketing price of oil, the global financial crisis and gloomy forecasts from the travel industry, one might be forgiven for anticipating a message of gloom and doom from a manufacturer of a substantial proportion of the world’s aero engines.
In a continuing expansion of its presence in aerospace, UK firm ENL (Hall 4 Stand E14) has opened an injection molding center in Slovakia with the support of BAE Systems. The company supplies precision injection molded and machined components to Airbus, Thales, BAE Systems and Raytheon, and soon plans to begin manufacturing composite parts.