In two separate deals here yesterday, global aircraft finance company Milestone Aviation Group (Booth No. 7010) announced with OEMs Eurocopter (Booth No. 1917) and Sikorsky Aircraft (Booth No. 6148), respectively, orders for 16 Eurocopter EC225s and three Sikorsky S-92s. The EC225 order is valued at $480 million. Terms of the S-92 contract were not disclosed.
John Garrison, CEO of Bell Helicopter (Booth No. 9846), said on Sunday he believed that 2011 was the market bottom for the civil helicopter sector and that Bell’s newly-announced 525 super-medium twin program would proceed regardless of whether the Pentagon ordered more V-22 Bell/Boeing tiltrotors after 2014.
How robust is Asia’s air transport market, given recent evidence of softening demand and financial strain in countries such as India and Malaysia? This week’s Singapore Airshow might provide some answers, with a number of new orders widely anticipated, including a likely deal for regional airliners from Indonesia carrier Garuda.
Pratt & Whitney’s engines power a wide range of military aircraft in operation around the world, but 2011’s developments in the Joint Strike Fighter (JSF) Lightning II program made the company’s year–especially as its F135 became the sole powerplant for all three Lockheed Martin JSF variants: the conventional F-35A, STOVL F-35B and carrier-based (CV) F-35C.
By the time that Heli-Expo ends tomorrow, AgustaWestland expects to sign agreements at the show for more than 100 helicopters worth more than $923 million. Some of the deals are still in their early stages, but the outlook is certainly positive, company officials told AIN.
Kaman Helicopters’ K-Max “unmanned aerial truck” has delivered nearly 200,000 pounds of cargo since the helicopter entered service in Afghanistan with the U.S. Marine Corps on December 17. To date, two of the pilotless, heavy-lift helicopters have logged about 100 hours in the skies over Afghanistan on cargo missions.
In two separate deals announced yesterday at Heli-Expo, global aircraft finance company Milestone Aviation Group signed orders for 16 Eurocopter EC225s and three Sikorsky S-92s. The Eurocopter order is valued at $480 million; terms of the Sikorsky contract were not disclosed. Deliveries of the EC225s are planned to start next year, with Milestone taking approximately three aircraft per year. In the Sikorsky deal, Milestone will take two S-92s in the second half of this year, with the third slated for delivery early next year.
Aircraft sales, services and support company Hawker Pacific (Booth H65) has announced an agreement with Flight Training Adelaide for the sale of up to 26 Diamond DA40 CS single-engine composite aircraft. In addition to serving as a vendor for Hawker Beechcraft and Bell Helicopter products, Hawker Pacific is the Austrian airframer’s appointed distributor for Australia and New Zealand.
India’s big-ticket military acquisitions are expected to aggressively push schedules for the transfer of production to the country’s ambitious aerospace and defense industry. But the technology that India expects to be transferred through co-development work generated by offset agreements is raising concerns among vendors about possible violations of intellectual property rights (IPR).
Mubadala Aerospace and several of its subsidiaries are at the Singapore Airshow (Booth No. D11). Much of the emphasis for the fast-growing Middle East group is on opportunities for it to develop its maintenance, repair and overhaul (MRO) business in the Middle East.