Offshore Logistics, the world’s largest provider of helicopter transportation services to the oil and gas industry, yesterday ordered 35 new S-76 helicopters. The contract, one of the largest helicopter orders in Stratford, Connecticut-based Sikorsky’s history, is in addition to a previously announced purchase of 12 new S-76s in 2003. The new order includes options for a further 24 S-76 aircraft.
Paris Air Show » June 15, 2005
Grob’s SPn Utility Jet, a carbon-fiber light business twinjet introduced here on Monday, will enter production with the Honeywell Apex avionics system, according to company officials.
Corsica’s CCM Airlines yesterday placed an order for six new ATR 72-500 regional twin turboprops to replace its aging fleet of ATR 72-200s. The $100 million deal further solidifies a partnership between CCM Airlines and Air France-KLM to operate flights from the French island’s four airports to Marseille, Nice and Lyon.
Indian start-up airline Paramount Airways signed a pair of preliminary agreements yesterday to lease two 70-seat Embraer 170s and three 75-seat Embraer 175s. Under the contracts, Paramount will take the two 170s directly from Embraer “later this year.” One of six new Indian airlines scheduled to start service this year, Paramount will lease the three 175s, configured in a dual-class, 75-seat cabin layout, from GE Capital Aviation Services.
Demonstrating that Boeing and Airbus aren’t the only bitter rivals in the aerospace schoolyard, Bombardier yesterday issued a public challenge to Gulfstream by proposing the two commit to the idea of holding a race.
Boeing yesterday landed three major airliner deals here at Le Bourget, collectively worth up to $13.1 billion.
The new combat aircraft requirement in India is a hot topic in the chalets here this week, thanks to its size and–for Boeing and Lockheed Martin–the prospect that this country could become a customer for U.S. warplanes for the very first time. Meanwhile, Lockheed seems likely to clinch the sale of 24 new F-16C/D Block 52 fighters to India’s prospective adversary, Pakistan, later this year.
Airbus will launch the A350 airliner in September regardless of whether the transatlantic trade dispute over airliner subsidies has been settled by then. Airbus chief executive and EADS co-CEO Noël Forgeard yesterday admitted that the company did indeed delay the launch of the A350 to allow the subsidy negotiations between the European Union and the U.S. to advance further.
For Titan Corp., the biggest fine imposed by the U.S. Justice Department since the passage of the Foreign Corrupt Practices Act (FCPA) in 1977 must seem like a pittance compared with the less obvious losses it suffered as a result of its malfeasance.
Details of Irish carrier Ryanair’s latest contract with Boeing illustrate some of the negotiable areas within such agreements. Last month, the low-cost carrier completed its fourth 737-800 order in seven years under aggressive plans that predict fleet growth from 82 such aircraft to 225 by March 31, 2012. By then, Ryanair expects to carry 70 million passengers annually, compared with 34 million in the current year.