Business

July 15, 2014 - 1:55pm

Annapolis, Md.-based international business jet and helicopter brokerage firm Avpro opened a new office at Chicago Executive Airport in Wheeling, Ill. The company’s new location, which is being managed by executive sales director Matthew Stringfellow, will help serve Avpro’s growing aircraft brokerage business in the U.S. Midwest, it said. Stringfellow joined Avpro in 2012 and has more than 11 years in business aircraft sales. Avpro has more than 30 employees worldwide.

July 15, 2014 - 6:50am
Turbomeca’s Ardiden 3G turboshaft engine has been chosen to power the Kamov Ka-62 helicopter; it is due to complete European certification in mid-2015.

Driven by the ambition to become world’s third largest turboshaft engine manufacturer after General Electric and Pratt & Whitney, France’s Turbomeca is pressing to establish a Russian partnership to develop and coproduce a new 3,000-shp engine based on the existing RTM322 powerplant and using the new Tech3000 core.

July 15, 2014 - 3:00am

Voss Industries is displaying examples of its high-performance coupling devices, bulge-formed ducting components and fabricated subassemblies at its Farnborough Airshow exhibit (Hall 4 Stand C11). The company, headquartered in Cleveland, Ohio, specializes in the aerospace and industrial markets and is the parent company of Voss Aerospace.

July 15, 2014 - 1:20am
Farnborough 2014

Day one of the 2014 Farnborough International Airshow proved to be a lucrative one for just about all manufacturers of airliners and the engines that power them. An approximate estimate of business announced here yesterday quickly topped $50 billion.

July 15, 2014 - 1:00am

Rosoboronexport, Russia’s defense export agency, continues to benefit from backing by President Vladimir Putin. Speaking at a late April meeting of the Commission for Military Technical Cooperation with Foreign Countries, Putin claimed that Russia is second only to the U.S. in terms of volume of military shipments, with a 27-percent market share.

July 15, 2014 - 12:50am

AgustaWestland, a division of Finmeccanica (Outdoor Exhibit 1), congratulated Waypoint Leasing here at the Farnborough Airshow 2014 on the rotor leasing firm’s first year of operation, which kicked off in March 2013 with an order for GrandNew, AW169, AW139 and AW189s from the OEM.

July 15, 2014 - 12:30am

Bombardier Aerospace announced orders and letters of intent (LOIs) valued in excess of $1.65 billion at the Farnborough Airshow yesterday, as well as the selection of an authorized training provider and details of its service and support program during its update on the in-development C-Series twinjet.

Meanwhile, with the issues regarding the recent engine fire reportedly identified and being addressed (see box), the Montreal-based company sees no further impediments to the CSeries entry into service in the second half of 2015.

July 15, 2014 - 12:25am

Established trends in predicted long-term jetliner requirements will likely continue with little change to the market breakdown by aircraft size, according to latest Boeing 20-year forecast statistics, which were unveiled in London on the eve of the 2014 Farnborough Airshow. Overall, the U.S.

July 15, 2014 - 12:15am

With its unmanned air vehicles having achieved more than 1.2 million operational flight hours and serving with more than 50 operators, IAI is one of the leading companies involved in this sector. Here at Farnborough International 2014 it is promoting a wide range of its UAVs, from the 10,230-pound Heron TP to the nine-pound vertical takeoff Ghost, along with related technologies such as advanced electro-optical, sigint (signals intelligence) and maritime patrol payloads.

July 15, 2014 - 12:05am

The International Consortium of Aeronautical Test Sites (ICATS) welcomed CATUAV Tech Center (CTC) in Barcelona as its fifth member here at the Farnborough International Airshow yesterday, adding Spain to the list of countries involved in the partnership. The other countries represented in the group include Canada, the U.S., the UK and France.

 
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