While the realignment of Boeing Commercial Airplanes’ management structure last week might have marked something less than a revolution in its approach to program development, it certainly signaled a recognition that something fundamental needed to change. Over the next 18 months Boeing expects to increase output across its commercial product lines by 25 percent while it manages no fewer than five development programs.
Economy of the United States
The U.S. aerospace industry’s sales tally grew by 3.4 percent this year, to $218 billion, led by a strong performance in the civil sector, according to preliminary estimates released by the Aerospace Industries Association (AIA) on December 5. The figure marks the industry’s ninth consecutive year of growth.
Washington, D.C., seems to be a city that is in perpetual crisis. Now the U.S. government is in conniptions over the “fiscal cliff.” Federal Reserve chairman Ben Bernanke coined that metaphor to describe the tax increases and automatic spending cuts that kick in on January 2 unless Democrats and Republicans somehow tame the $16 trillion national debt.
The divided U.S. government edged closer to the so-called the “fiscal cliff,” a combination of tax increases and automatic spending cuts that will be imposed on January 2 unless political parties reach agreement on a package to reduce the country’s $16 trillion national debt. With 25 days remaining before the measures take effect, the parties were at a stalemate.
L-3 Integrated Systems has welcomed the first of two Boeing 747-8s to its Waco, Texas facilities for installation of an executive interior for an unidentified head of state.
The work will include detailed exterior paint in the customer’s livery as well as interior modifications to accommodate the interior plan. According to executive v-p Nick Farah, the L-3 design and engineering team began work on the initial 747-8 program in 2011 and delivery is expected in the summer of 2014.
Associated Air Center (AAC), a specialist in bizliner maintenance and overhaul and cabin completion and overhaul, is partnering with Boeing to validate a cockpit noise suppression service bulletin for Boeing Business Jet operators.
AAC has installed the first such system in a BBJ and the supplemental type certificate approval makes it available to other BBJ operators.
Boeing projects the world’s airlines should see reasonable liquidity and pricing for new-aircraft delivery financing next year as jet builders accelerate production to meet demand, the manufacturer announced in London on Tuesday while issuing its fifth annual finance market forecast.
Republic Airways’ efforts to “restructure” its Indianapolis-based Chautauqua Airlines subsidiary appear to have yielded their intended results. During a November 1 conference call to discuss the company’s third-quarter earnings, Republic CEO Bryan Bedford reported that the regional airline holding company has found a way to mitigate future negative cash flows at Chautauqua by some $45 million over five years, largely by reaching new business agreements with several “key stakeholders ” and returning idled aircraft to revenue service.
For the first time in more than four years, new aircraft have emerged from the former Eclipse Aviation final-assembly facility in Albuquerque, N.M. Two unfinished airframes left on the assembly line when that company declared bankruptcy in November 2008 were recently completed by the resurrected company, Eclipse Aerospace, and outfitted as factory-new Total Eclipse twinjets.
Gulfstream Aerospace delivered its first super-midsize G280 yesterday, with the outfitted twinjet going to an unidentified “U.S.-based manufacturer with a worldwide presence spanning 190 countries.” The G280 received FAA and Civil Aviation Authority of Israel certification on August 30.