Economy of the United States

January 28, 2013 - 12:00pm

The Boeing bargaining unit of the Society of Professional Engineering Employees in Aerospace (SPEEA) has set a date of February 4 for sending strike ballots to its members, union director Ray Goforth told AIN last Wednesday. Members of the Bargaining Unit Council (BUC), consisting of all the company’s “relevant” shop stewards, reached the decision on Tuesday night, during a meeting in which the council agreed to support the negotiating team’s rejection of the company’s “best and final offer.”

January 25, 2013 - 2:16pm

Hawker Beechcraft key creditors voted “overwhelmingly” today to approve the Wichita-based OEM’s proposed Joint Plan of Reorganization as part of its efforts to emerge from bankruptcy.

January 24, 2013 - 3:43pm

Cessna Aircraft and Bell Helicopter parent company Textron yesterday reported a $1 billion increase in revenues, to $12.237 billion, last year, but it was the performance at Bell that contributed most to this gain. Manufacturing profits also rose by more than $140 million, to $1.07 billion, again mostly due to the helicopter manufacturer.

January 24, 2013 - 2:40pm

Rep. Rick Larsen (D-Wash.) is now the top House Democrat on aviation issues after colleagues voted him to sit on the House Transportation and Infrastructure Committee. He will also serve as the ranking member on the aviation subcommittee, which has jurisdiction over all aspects of civil aviation, including safety, infrastructure, labor, commerce and international issues. The subcommittee also oversees the FAA.

January 22, 2013 - 3:35pm

Eclipse Aerospace has revealed more details of its $2.695 million Eclipse 550 twinjet to AIN. CEO Mason Holland said that, while the 550 will continue to use the same airframe and engines as the EA500, there will be several cockpit, cabin and system changes.

January 18, 2013 - 11:56am

Boeing didn’t get much of a chance to savor its near-record year-end sales figures and 2012 rate-increase successes.

January 8, 2013 - 3:41pm

With 12 jet deliveries to completion centers and another 12 outfitted bizliners handed over to clients in 2012, Boeing Business Jets is celebrating what it calls “a monumental year.” Company president Steve Taylor described last year as “terrific,” noting that the company met its goal of “12 [green] and 12 [completed deliveries] in 2012.” In addition, with the delivery of eight new 747-8s for completion, 2012 was a record year for Boeing Business Jets in terms of delivery value, totaling more than $3 billion last year.

January 8, 2013 - 3:40pm

Albuquerque, N.M.-based Eclipse Aerospace responded Friday to a U.S. Air Force request for information (RFI) concerning possible replacement of the service’s 178 Beechjet 400-based T-1 Jayhawks with very light jets. This is the second time the USAF has put out feelers for VLJs, having issued a broader RFI for these small jets in November 2006.

January 8, 2013 - 3:25pm

Gulfstream Aerospace plans to hire approximately 100 more employees over the next year at its Appleton, Wis. facility to support growing volume in completions work for Gulfstream large-cabin aircraft, including the recently certified G650. The site currently has approximately 725 employees, including nearly 425 technicians. Gulfstream Appleton is home to a completions and service center. It has about 275,000 sq ft of hangar, shop and support space.

January 4, 2013 - 12:40am

Associated Air Center, with two ACJ330 and Boeing 747-8 cabin completion projects currently under way, is positioning itself for more of the same large-cabin bizliner work in a bid to fill its Love Field, Dallas hangars this year and beyond.

Associated has invested “several million dollars” in facility improvements, including hangar expansions, tooling and training for large-cabin bizliners in production, and to support Boeing 777X and Boeing 787 structural requirements for new aircraft entering the executive completion market in the coming years.

 
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