Business

July 27, 2012 - 10:00am
Comair CRJ

The first airline in the Western Hemisphere to fly the current generation of 50-seat regional jets will cease all operations by the end of September. Delta Air Lines subsidiary Comair, a Bombardier CRJ operator since 1993, will fly its last passenger on September 29, marking the end of a 35-year run as one of the most recognizable names in the U.S. regional airline business.

July 26, 2012 - 4:10pm
Gulfstream Shines in General Dynamics’ 1H Earnings

With sales of $1.6 billion, up 16 percent from the same period last year, General Dynamics’ aerospace group was a bright spot in the company’s second-quarter 2012 financial report, released yesterday morning.

July 26, 2012 - 4:05pm

Dassault received orders for 25 Falcon business jets worth €1.05 billion ($1.27 billion), during the first half of this year, CEO Charles Edelstenne said today in a press conference at the company’s headquarters near Paris. This is an improvement on the 22 Falcons ordered during the same period last year.

“The market is still convalescent overall,” a not-too-bullish Edelstenne said. The Falcon backlog continues to decrease.

July 26, 2012 - 3:57pm

Responding to a recent filing in bankruptcy court by Hawker Beechcraft, seeking approval for as much as $5.328 million in bonuses for eight top executives, the International Association of Machinists and Aerospace Workers (IAW) has filed a formal objection.

July 26, 2012 - 3:45pm

Hawker Beechcraft Global Customer Support opened a factory-owned aircraft maintenance facility last week at New Castle County Airport in Wilmington, Del. The Part 145 repair station offers airframe, engine, avionics and mobile service support for the company’s entire product line, from the Bonanza to the Hawker 4000.

July 25, 2012 - 2:25pm

“Our customers requested a factory-owned service facility in the Northeast; we listened and delivered with Hawker Beechcraft Services Wilmington on New Castle County Airport in Wilmington, Delaware,” Christi Tannahill, senior vice president, Global Customer Support, told AIN. “The customer support team is designed to instill confidence and peace of mind.

July 25, 2012 - 2:10pm

Precision Aviation Group (PAG) has expanded its Atlanta headquarters facility for the fourth time. PAG offers MRO capabilities on more than 10,000 products, including accessories, avionics, hydraulics, instruments, NDT, starter/generators and wheels/brakes.

July 25, 2012 - 1:51pm

Component Control has released a new version of StockMarket.aero, a free online aviation parts e-marketplace. According to the company, enhancements include intuitive usability and navigation, making it quicker and easier to find qualified aviation services and parts. Stockmarket.aero lists more than 40 million line items of inventory and capability from more than 2,300 aircraft parts vendors. “Our goal with this upgrade is to provide more data at a glance, to improve the buyers’ experience and vendor visibility,” said Jason Cordoba, director of StockMarket.aero.

July 25, 2012 - 1:45pm

Embraer Executive Jets named Jay Beever as vice president for interior design at its Melbourne, Fla. facility. Beever has extensive experience in high-end luxury interior work in the business aviation and automotive industries. Previously, he worked as an interior design manager for the G650, G450 and G550 in the new-product development department at Gulfstream. He was also responsible for overseeing the design and construction of a new design studio for the company. Before that he developed several design enhancements for automobiles at Ford.

July 25, 2012 - 12:24pm
Aeromexico Boeing 787

Aeromexico has committed to buying 100 single- and twin-aisle Boeing airplanes—a combination of 737 Maxs and 787 Dreamliners—in an agreement that will fuel the airline’s expansion beyond the end of the decade, the Chicago-based airframe maker announced today. The commitment by Mexico’s largest airline includes a mix of ninety 737 Max 8s and 9s, as well as ten 787 Dreamliners, seven of which it expects to take over the next three years.

 
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