DAHER

May 13, 2009 - 5:34am

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.
  

May 11, 2009 - 9:55am

Daher-Socata is still mulling a new eight- to 10-seat twin-engine aircraft to enter the market segment above its extremely popular TBM 850 turboprop single, but a decision could come by the end of the year.

May 6, 2009 - 8:18am

Daher, the French family-run firm that now owns Socata, is pressing ahead with investments to ensure the maker of the TBM 850 single turboprop is well-placed when the business aviation market emerges from the current financial crisis–a recovery it believes could be 12 to 18 months away.

April 30, 2009 - 12:13pm

Daher-Socata early next month at EBACE will formally announce plans to invest almost $330 million to develop a new eight- to 10-seat twin-engine aircraft to offer in the market segment above its TBM 850 turboprop single. The so-called NTx program was launched at the NBAA Convention in October, but Socata still has not decided whether the new airplane will be a turboprop or a turbofan.

March 30, 2009 - 5:48am

Daher Socata launched a TBM 850 co-ownership program dubbed “Fly And Share your TBM” (Fast), with guaranteed operational availability for owner-pilots. For each one-third share of the turboprop single, 100 days of availability per year are guaranteed. Devised for two or three co-owners, the program calls for the partners to agree on time sharing. There is no management fee and no commitment for a number of flight hours.

March 24, 2009 - 12:38pm

Daher Socata is launching a TBM 850 co-ownership program dubbed, “Fly And Share your TBM” (Fast), with guaranteed operational availability for owner-pilots. For each one-third share of the single-turboprop business aircraft, 100 days of availability (meaning a maximum of 22 days of maintenance downtime) per year is guaranteed. Devised for two or three co-owners, the program calls for the partners to agree on time sharing.

January 28, 2009 - 7:15am

France-based Daher Group last month confirmed that French and German antitrust authorities have approved its taking over 70 percent of Socata, with EADS retaining the remaining 30-percent share. Combined, Daher and Socata have 7,500 employees and ?1 billion ($1.4 billion) revenues in aerostructures and business aircraft. Socata delivered a record 60 TBM 850 turboprops last year.

December 1, 2008 - 5:36am

Socata–the Tarbes, France-based manufacturer of the TBM 850 turboprop single–will be majority owned by French-based aerostructure specialist Daher under an agreement reached last month with Socata parent company EADS. Daher is acquiring a 70-percent stake in Socata and has an option to buy the remaining 30 percent in three years.

November 4, 2008 - 11:20am

Socata–the Tarbes, France-based manufacturer of the TBM 850 turboprop single–will be majority owned by French-based aerostructure specialist Daher under an agreement reached yesterday with Socata parent company EADS. The transaction amount was not disclosed. Daher is acquiring a 70-percent stake in Socata and has an option to buy the remaining 30 percent in three years.

October 1, 2008 - 5:51am

EADS Socata (Booth No. 4484) and Daher Aerospace (Booth No. 4381) are developing joint projects in business aviation and aero structures that promise to significantly boost each company’s presence in these areas. As part of the partnership, Daher will take over an undisclosed majority stake in Socata from EADS, with the new company likely to seek a partner to launch a twin-engine business turboprop as soon as next year.

 
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