Economy of the United States

May 14, 2014 - 11:20am

Monarch Aircraft Engineering has sent a specialist team of structural aircraft engineers to Basel to complete a strut improvement program (SIP) for Jet Aviation. The company, which gained its Bermuda Department of Civil Aviation approval last October, sent a team of licensed engineers from its headquarters at London Luton Airport to Jet Aviation’s facility in Basel to carry out the SIP modification on a private Boeing 767. The SIP modification consists of an extensive rebuild of the engine pylons to restore damage tolerance.

May 12, 2014 - 10:20am

The FAA notified the industry last month that a number of unapproved parts may have found their way into the maintenance and repair system when they were advertised on the Internet under the caption “65,000 military and commercial aircraft parts for sale.” An FAA investigation said Western Metal Products originally manufactured the parts under a licensing agreement with Boeing. The agreement between the two companies, however, ended in 2007.

May 8, 2014 - 2:20pm

First-quarter revenues at NetJets and FlightSafety International soared by 12 percent and 14 percent, respectively, according to parent company Berkshire Hathaway. Higher revenues at NetJets reflected increased sales of fractional aircraft and flight services revenues due to increased flight hours, while FlightSafety’s increase was the result of increased simulator training activity. Quarterly revenues at its services businesses, which include NetJets and FSI, increased by $284 million, to $2.4 billion, while profits climbed by $34 million, to $243 million.

May 7, 2014 - 3:55am

Airbus- and Boeing-approved completion center Aeria Luxury Interiors of San Antonio, a subsidiary of ST Aerospace, highlighted its recent cabin refurbishment of a Boeing 767-200, and plans for its first BBJ green cabin completion. The BBJ is scheduled to arrive at Aeria from Boeing this December. Its interior will incorporate a humidification and zonal drying system to enhance passenger comfort, said Ron Soret, v-p and general manager for completions. Delivery to the customer is expected in October next year.

May 7, 2014 - 12:15am

Mesa Air Group closed its Hawaii-based go! operation on April 1 following some eight years of financial struggles. According to Mesa, the decision stemmed from a desire to concentrate its resources on its now growing mainland operations and minimize its exposure to “at risk” flying. Before the cessation of Hawaiian operations, capacity purchase code-share agreements accounted for 98 percent of the group’s business.

May 1, 2014 - 4:02pm

Characterizing the Boeing 777X program as “stable” and the 787-9 as “lighter than projected,” Boeing Commercial Airplanes vice president of airplane development Scott Fancher issued an upbeat assessment of virtually all he surveys during press briefings at the company’s Everett, Washington, facilities on Tuesday.

May 1, 2014 - 3:05pm

First-quarter revenues at Textron Aviation, which includes Cessna and Beechcraft, were up $77 million, to $785 million, thanks to the mid-March acquisition of Beechcraft, higher jet deliveries and higher aftermarket sales but offset by fewer pre-owned sales and falling revenue at CitationAir. The division recorded a profit of $14 million in the quarter versus a loss of $8 million a year ago, helped by firmer pricing and higher jet volumes.

April 16, 2014 - 11:41am

Associated Air Center (AAC) has received STC approval for Boeing 737 (-300 through -900ER) Wi-Fi solutions for the Satcom Direct Router (SDR). The dual-band unit can manage multiple systems such as Swift64, SwiftBroadband, Ku band, Ka band and X band both airborne and on the ground. The SDR also has a 3G cellular service feature for use on the ground. The system can be integrated with existing platforms and systems manufactured by Cobham, Thrane & Thrane, Honeywell and Rockwell Collins.

April 14, 2014 - 8:48pm
Titan Aerospace Solara HALE UAS

For the second time in less than a month, a major Internet-related company has acquired a firm developing a high-altitude, long-endurance (HALE) unmanned aircraft system (UAS), which could serve as a node to provide Internet connectivity from the stratosphere.

April 13, 2014 - 12:30pm
Beechcraft King Air

Textron closed its $1.4 billion acquisition of Beechcraft on March 14, bringing together Cessna Aircraft and Beechcraft to form Textron Aviation. Scott Ernest, Cessna’s president and CEO since 2011, was tapped to lead Textron Aviation as CEO. Meanwhile, Bill Boisture, Beechcraft’s chairman and CEO since 2009, was excluded from the Textron Aviation senior leadership team and “is moving on to new opportunities,” a Textron spokesman told AIN.

 
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