Barely a month has passed since what formerly traded as Smiths Aerospace formally became General Electric Aviation Systems at the closing of the U.S. engine maker’s $4.8 billion acquisition of the business. But according to the new division’s president, Dr.
Leading French equipment maker Latécoère may take over one of the three sites for which Airbus is seeking a strategic industrial partnership under its Power8 plan. At the same time, it may also open a new division to manufacture composite panels for the European airframer’s new A350XWB airliner.
In recent years, engine manufacturers have shifted their emphasis from straightforward production of engines to the far more lucrative business of after-sales support.
Rolls-Royce is no exception. In the last decade, its TotalCare engines business has expanded by a healthy 10 percent a year, creating a business that by the end of 2006 was worth $3.9 billion–more than half the company’s total civil engines business.
Manufacturers of nacelles and thrust reversers have no less interest in introducing new technology to their designs than do the suppliers of the engines inside them.
EADS expects to sign a firm contract with Aeroflot for 22 of the new Airbus A350XWB airliners here at the Paris Air Show this week, or perhaps at Moscow’s MAKS’2007 event in August. This follows the signing of a memorandum of understanding on the deal in March this year.
When a new aircraft is breaking all sales records and only two engine companies compete to supply its power, it is hardly surprising that those two companies are sounding increasingly bullish. Boeing’s announcement in early April that the 787 had passed the 500-order milestone confirmed that the 787 has become the fastest selling commercial aircraft in its history.
Airbus has made virtue of a necessity with its new A350XWB (extra widebody) airliner. The company admits it was outmaneuvered by Boeing with the rapid success of the rival 787 program and Airbus very much needs to prove to the market that it is offering something more than just a catch-up product.
Introduction of the TBM 850 “very fast turboprop” single to meet the challenge of the VLJ has firmly lifted Socata’s fortunes out of the stagnation that the company endured in 2003 and 2004. The EADS subsidiary delivered 42 TBM 850s last year, a 35-percent improvement on the 31 TBM 700s delivered the previous year. The company also delivered one TBM 700C2, all of which contributed to a revenue increase of 21 percent.
Parker Aerospace companies are supplying a wide range of systems and components to airframes that range from the Airbus A380 and Boeing 787 airliners to the unmanned combat aircraft, including the first inert gas generating system (IGGS) for an Airbus aircraft.
The apparent delay in the launch of the Airbus A350 has raised the intrigue over the escalating subsidy row between Boeing and Airbus. A curt EADS statement released last Wednesday said it would not reach a decision on the A350 until September, scuttling speculation that Airbus would announce a launch here today with officials from Dubai’s Emirates.