Business

July 17, 2014 - 5:15am

The second quarter of 2014 has been good to ST Aerospace, which booked $520 million worth of contracts during the quarter.

ST Aerospace (Chalet B18/19) booked a five-year agreement with a regional airline in the U.S. for heavy maintenance on 42 Embraer E-170 and E-175 jets. The maintenance will be done at ST Aerospace’s San Antonio, Texas facility.

In Guangzhou, ST Aerospace received FAA, EASA and Chinese CAAC Part 145 approval. This makes it possible for the company to service aircraft registered under those authorities’ frameworks.

July 17, 2014 - 5:14am

Sinters America of Boucherville, Quebec, (Hall 4 Stand C17-C19) has been selected by Rockwell Collins to develop and manufacture an IFE electronics tester. The automated test equipment will be used to maintain Rockwell Collins’ Paves On-demand in-seat and overhead displays. The Québec government awarded Sinters a non-repayable contribution of C$35,775 (U.S.$33,300) to support its international marketing initiatives and claims this helped the company obtain the contract.

July 17, 2014 - 4:47am

Hong Kong Aviation Capital (HKAC) today at the Farnborough International Airshow signed a firm order with Airbus for 70 A320neo narrowbodies.

July 17, 2014 - 4:00am

MBDA Missile Systems (Outdoor Exhibit 10, Chalet D1) said yesterday that it would assemble the first copy this week of the Brimstone 2 missile, which is now in series production. The missile incorporates a dual-mode, millimeter-wave radar and semi-active laser seeker, an “insensitive munition” (IM) rocket motor and warhead and a new, stronger airframe.

July 17, 2014 - 3:55am

AgustaWestland (exhibiting here at the Farnborough Airshow with parent Finmeccanica, Outdoor Exhibit 1) gained a contract worth £90 million (around $150 million) here yesterday to integrate Europe’s next-generation maritime missile on the AW159 Wildcat helicopter.

July 17, 2014 - 3:30am

Organizers of the International Paris Air Show 2015 (here in Hall 1 Stand A15) opened reservations for exhibit space in April and have already seen 40 percent of the available space booked. This is an increase over the same time for the previous edition, CEO Emeric d’Arcimoles told AIN. Rates remain the same as the 2013 event, he said.

July 17, 2014 - 3:05am

IAI subsidiary European Advanced Technology (EAT) has acquired a 40-percent stake in Brazilian company Avionics Services. The acquisition is another step in IAI’s strategic move into the Brazilian marketplace, which it sees as offering considerable opportunities in the years to come, particularly in the defense and public security sectors.

EAT and Avionics Services also signed an agreement to market and manufacture aircraft systems, UAVs, sensors and platform upgrades.

July 17, 2014 - 3:05am

IAI subsidiary European Advanced Technology (EAT) has acquired a 40-percent stake in Brazilian company Avionics Services. The acquisition is another step in IAI’s strategic move into the Brazilian marketplace, which it sees as offering considerable opportunities in the years to come, particularly in the defense and public security sectors.

EAT and Avionics Services also signed an agreement to market and manufacture aircraft systems, UAVs, sensors and platform upgrades.

July 17, 2014 - 1:10am

Bombardier Aerospace (Chalet C1-3) announced here at the Farnborough International Airshow yesterday that it received purchase orders and conditional commitments which push it past the 500-order milestone for both its Q400 and CSeries programs.

July 17, 2014 - 1:00am

The 2014 edition of the Farnborough International Airshow has beaten its own record for aircraft and engine orders, with organizers announcing a $130 billion running tally after the first three of the five trade days. Factoring in all provisional orders, AIN’s own analysis puts the estimate at just above $155 billion.

Qatar Airways dominated commercial proceedings at the Farnborough International Airshow yesterday, signing contracts with Boeing for its 777Xs that could be worth up to $37.7 billion, plus another $2.4 billion deal for four 777 freighters.

 
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