Singapore Airlines (SIA) has agreed to place a $7.5 billion order with Airbus for another five A380s and 20 A350-900s, the carrier announced on Wednesday. Delivery schedules call for the first airplane to arrive in Singapore in 2017.
Retired Cessna Aircraft chairman, president and CEO Jack Pelton was elected chairman of the Experimental Aircraft Association (EAA) yesterday after the association’s board of directors accepted the resignation of president and CEO Rod Hightower. In his role as EAA chairman, Pelton will guide the organization through the leadership transition.
Hightower joined EAA in 2010. According to EAA, he is leaving to spend more time with his family in St. Louis, since they didn’t make the move to Oshkosh as originally planned.
In a reorganization plan filed in June with the bankruptcy court, Hawker Beechcraft listed a number of options and assumptions available during the process, among them that the company might cease all jet production–something the company reiterated it planned to do last week when announcing it would emerge from bankruptcy as standalone company Beechcraft Corp.
Boeing on Tuesday began building the first 777 at the highest rate ever for any of its twin-aisle models, the company said today. The rate of 8.3 airplanes per month amounts to a nearly 20-percent increase over the previous rate of seven per month.
Workers loaded into position the first part—the lower lobe of the 777’s aft fuselage—for assembly under the new rate in its factory in Everett, Washington.
Japan’s Sumitomo Mitsui Bank (SMBC) beat more than 30 other bidders to complete the acquisition of RBS Aviation Capital on October 15, demonstrating the growing importance of leasing in new-airliner acquisitions. The bank’s new SMBC Aviation division intends to merge two other leasing companies owned by its shareholders to challenge for the number-three position in the leasing sector, controlling some 331 aircraft.
CFM, the 50/50 joint venture between GE and Snecma, has embarked on a “major” risk-abatement plan to ensure a smooth production transition from its CFM56 to the new Leap-1A, B and C engines, chosen to power, respectively, the Airbus A320neo, the Boeing 737 Max and the Comac C919 single-aisle airliners. “Transitioning from 1,600 engines per year to the same output of another type in two years, this is something the industry has never done before,” François Harant, Snecma’s supply chain director, told AIN.
After four months of intense negotiation, a deal for the sale of Hawker Beechcraft to Superior Aviation Beijing collapsed October 18 with an announcement by HBC that the parties could not come to terms and it would proceed with the stand-alone plan of reorganization.
Flight-testing of the Lockheed Martin F-35 is ahead of the 2012 plan, and software development is making up lost ground, now standing at two months behind schedule. Steve O’Bryan, Lockheed Martin’s v-p for F-35 program integration and business development, told a meeting in London sponsored by The Air League that the F-35B STOVL version that the UK will buy is 40 percent ahead on flights and test points. Of the nine million lines of software code in the aircraft, 87 percent is now in flight test, with another 6 percent in laboratory tests.
Iraq has agreed to acquire 28 Aero Vodochody L-159 advanced trainer/light attack aircraft from the Czech Republic, the two countries announced on October 15.
Honeywell has been asked to quote for the supply of 270 F125IN turbofan engines to replace the twin Rolls-Royce Adour Mk 821s on India’s 125-strong fleet of Jaguar strike aircraft. The F125IN is 600 pounds lighter than the Adour and is expected to enable 25-percent-shorter hot-and-high takeoffs. India’s Jaguars have become overweight and underpowered as a result of avionics and systems upgrades.