Like it or not, we live in a global economy. While balance-of-trade issues are complex, a free-market economy opens up new sources for raw materials, goods and services and creates new markets for U.S. businesses.
Heavy-iron operators traveling to India and the neighboring region will soon have
Emivest Aerospace appears to be getting the SJ30 light jet program back on track since deliveries stalled more than a year-and-a-half ago. SJ30 S/N 008, the first aircraft built under the Emivest name since the Dubai-based firm became the majority shareholder of the San Antonio-based aircraft manufacturer last June, is expected to be delivered this summer. Two more copies are planned to be handed over to customers this year.
EADS Airbus Military hopes that by the Paris Air Show next month launch customers Belgium, France, Germany, Luxembourg, Spain, Turkey and the UK will complete a review of their commitment to the A400M military transport.
EADS expects its Airbus unit to capture new gross orders for up to 300 aircraft this year, “even if it is becoming more challenging in the current market environment,” according to a company statement attached to its first-quarter earnings release. Based on a stable delivery assumption and a conversion rate of €1 to $1.39, EADS predicts that revenue should run roughly in line with last year’s.
Looking back on European business aviation’s boom years of 2004 to 2008, new figures from the European General Aviation Manufacturers Association (EGAMA) show that during this period the value of its members’ combined deliveries climbed by 59 percent to peak at $12 billion last year. In 2008, almost 1,000 aircraft were delivered by an industry that directly supports 35,000 jobs in Europe.
StandardAero and TAG Aircraft Interiors (Booth No. 651) announced at EBACE a joint venture for completions with interiors designed by the House of Versace. The latter will be responsible for content, design and style, while Standard Aero will manage logistics and technical aspects and act as marketing and sales agent. Actual completions will take place at StandardAero’s Springfield, Illinois facility.
Emivest Aerospace, which is represented here at EBACE by UK-based distributor Action Aviation (static display), appears to be getting the SJ30 light jet program back on its feet. SJ30 Serial No.
Lufthansa Technik Switzerland (Booth No. 343) has opened its new executive/VIP cabin interior facility directly adjoining the company’s aircraft maintenance hangar in Basel. Formal opening ceremonies were held yesterday. The addition represents an investment of just over $3.6 million in the facility, which will be used for interior refurbishment of narrowbody aircraft such as the Airbus A319 family and the Boeing Business Jet.
Aerion of Reno, Nev., today said it is proceeding with research in the development of its supersonic business jet while it continues discussions with potential manufacturing partners that would lead to a joint Aerion-OEM design study.