Operating as a Tier Two and Three supplier of components and subsystems to major aerospace and defense manufacturers, the UK-based Cobham group has evolved over eight decades into a company generating almost $3 billion per year in revenues. The multinational group now has content on the most recognized aircraft platforms either flying or in development.
The intake of titanium by the global aviation industry is predicted to rise dramatically over this decade with the production of next-generation commercial jets made of advanced construction materials gearing up. Today, this industry consumes 40 percent of the world’s titanium supply. According to an independent analysis, demand for titanium in commercial aviation will increase from 42,000 metric tons in 2011 to more than 49,000 tons this year and then rise to 72,000 tons in 2016.
Aviation parts and aftermarket services firm Aviall is here at the Farnborough International Airshow (Hall 4 Stand G17) to highlight its ability to provide what it says are innovative supply chain services and logistics solutions to OEMs and aviation operators–civil and military–around the world.
Hamilton Sundstrand has ramped up its operations and supply chain to support Boeing 787 production, the company announced here on the eve of the show. It has already delivered some 85 shipsets. The 787 contains nine major Hamilton Sundstrand systems, one of them being the electric starter/generators. They start the engines and provide a total 1.5 megawatts–five times the electric power on a Boeing 767.
In addition, Hamilton Sundstrand’s network of field representatives and customer response center is now providing support to 787 operators.
ATR’s 50-seat 42-600 turboprop was certificated by the European Aviation Safety Agency (EASA) late last month, bringing to fruition a test campaign that saw the larger, 70-seat ATR 72-600 gain certification in May last year. The aircraft have been updated with glass cockpits and modern avionics systems along with other refinements, including the Armonia cabin designed by Italian car designer Giugiaro.
Few expected CFM International to match its record sales campaign of 2011 this year, but after his company sold 900 engines through the first six months of 2012, one might excuse company chief executive Jean-Paul Ebanga for a moment to allow him to catch his breath.
A new market forecast released this week by Embraer suggests a projected need for 6,795 new aircraft in the 30- to 120-seat capacity segment over the next 20 years. Valued at $315 billion, the market would reflect a 5-percent annual increase in world demand for air transport in terms of revenue passenger-miles.
Sagem, part of France’s Safran Group, and Germany’s MTU Aero Engine have formed a 50-50 joint venture company for equipment control software and hardware. Dubbed Aerospace Embedded Solutions (AES), the new company will provide “safety-critical” products for military and civil aviation with applications including engines, landing gear and thrust reversers.
China’s ICBC Financial Leasing has placed a firm order for V2500 engines to power five Airbus A320s. In a $90 million deal to be announced by International Aero Engines at the Farnborough International airshow, the transaction calls for deliveries to take place from 2013 to 2015. ICBC has ordered V2500s for 20 A320s, following an initial order during the Singapore Airshow in February involving 15 A320s.
GKN Aerospace is set to create a $1.4 billion engine components business when it completes its acquisition of Volvo Aero, announced last week. The UK-based group is to pay approximately $981 million for Volvo Aero, which already supplies components for all major aircraft engine manufacturers.