EADS Socata last month appointed Executive Airlines the long-term area sales representative for the TBM 850 turboprop single in Australia and New Zealand. The French aircraft manufacturer also set up a TBM parts inventory to support the network of Australian TBM service centers. This inventory will be managed by Executive Airlines, which is based at Melbourne-Essendon Airport.
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.
New information on UAV developments at EADS emerged during a recent media briefing day in Germany. The Military Air Systems unit has built a second Barracuda combat UAV demonstrator, and it will make its first flight from Goose Bay air base in Greenland next spring. The first aircraft crashed in 2006 during an early test flight in Spain.
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.
Eurofighter has offered India codevelopment of an active antenna for the Typhoon’s Captor radar, as part of its bid to secure that country’s 126-unit order for a new combat aircraft. Eurofighter CEO Aloysius Rauen said that there had been “positive discussions” with India about a plan that would share the costs of converting the mechanically scanned Captor with the four original Eurofighter partner nations.
Alenia Aeronautica officially launched the technical activities associated with the so-called Green Regional Aircraft today in Caserta, Italy, where representatives from some 25 program partners met to plan methodologies and procedures, times, deadlines and the project’s budget.
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.
EADS has taken another step toward divesting itself of subsidiary Socata, the manufacturer of the TBM 850 turboprop single. France-based aerostructure specialist Daher has presented to Socata’s joint production committee plans to take over 70 percent of Socata and possibly 100 percent after three years.
EADS Socata has appointed Infinity Aviation its aircraft sales representative for Russia, Ukraine and Kazakhstan. The Moscow-based company will largely be marketing Socata’s TBM 850 turboprop single.
Bend, Ore.-based Epic Aircraft continues to pursue certification of its $1.2 million single-engine, owner-built kitplane, the Epic LT, re-badged in certified form as the $1.95 million Dynasty.