Bombardier Aerospace today reported revenues of $8.6 billion last year, down from $8.8 billion in 2010, while pre-tax profits slid by $52 million year-over-year, to $502 million.
The first Boeing 747-8I VIP variant rolled off the assembly line on Tuesday and is expected to enter service with an unidentified Middle East head-of-state operator in 2014, following installation of an executive interior by Lufthansa Technik in Hamburg, Germany.
Embraer delivered the first medevac version of the Phenom 300 jet yesterday, to Amil Resgate Saúde. The aircraft–tail number PP-UTI–is also the 100th Embraer executive jet to be delivered in Brazil. The aircraft OEM installed and certified all of the equipment on the aircraft, including a new interior design and assembly specifically for medical missions. The cabin configuration provides horizontal space for a stretcher and four rotating seats for the medical team and companion, as well as a private aft lavatory.
For years Bombardier Commercial Aircraft claimed a modest level of sales success in Asia, selling more than 300 airplanes over the years to nearly 40 operators. But its performance there had proved uneven, and the company traditionally has depended on strongholds in North America and Europe for the majority of its revenues.
Late in January Eurocopter unveiled record revenues–more than €5 billion, with service activity offsetting helicopter deliveries that sagged slightly. The Marignane, France-based company claims to have a 43-percent market share. For 2020, CEO Lutz Bertling is aiming at €9 billion revenues ($11.7 billion), at least 40 percent of it derived from services.
Cessna has named Castle AM, a division of Castle Aviation, its newest single-engine service facility. The Akron Canton Airport-based MRO has been in business since 1984 and has been expanding its maintenance capabilities since it took over Summit Air’s maintenance shop in 2009. Castle specializes in Cessna Caravans, is authorized to service all Cessna singles, and also works on Aerostars.
Jet Aviation Basel has added a tail and wing dock certified for the 737-based BBJ and Airbus A320 to its widebody hangar. This new dock platform will help to shave up to six weeks off aircraft downtime during 12-year inspections by providing access to all areas of the tail on all four levels, as well as access for full structural inspection of the wings.
ST Aerospace has begun construction on an expansion to its facility at Singapore’s Seletar Aerospace Park. It will include a general aviation hangar, simulator center for pilot training, facilities for aviation technical training and a VIP facility for air charter customers. ST Aerospace expects to complete the project by year-end. The 42,600-sq-ft hangar will double current capacity to service business jets, helicopters and light aircraft.
Gulfstream Aerospace named Steven Meng the regional sales manager for product support sales in Southern California. He reports to Jace Stone, director, product support sales, West Region. Meng, who is based in Long Beach, Calif., is responsible for the sale of maintenance, paint and interior upgrades as well as avionics modifications to Gulfstream and non-Gulfstream operators in Los Angeles, San Diego and the surrounding areas. Before his promotion, Meng was a senior internal sales manager for product support sales at Gulfstream’s facility in Long Beach.
One has to wonder what all the conservative pundits who decry the Obama Administration’s supposed anti-business bias think about the President’s recent visit to Boeing in Everett, Wash., and his pledge to in effect use the ExIm Bank to support domestic sales of 737s. In the realm of civil aircraft