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Cessna Contracts With China Company To Build Jets
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(17/11/2012) Cessna Aircraft has signed a contract with China Aviation Industry General Aircraft Co. (CAIGA) to form a joint venture company to conduct final assembly of Cessna Citation XLS+ business jets in China for the Chinese market. [Read...]
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Airbus Plans Twice As Many Purchases
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(11/11/2012) U.S. suppliers could see $12B more in buys; jet maker signs pact to help train new workers in Dayton, Ohio region. The Airbus SAS A350 wide-body aircraft is a new plane that is expected to be test-flown next year. Airbus is a key component to the plan to build Ohio's aerospace industry. [Read...]
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Boeing gets grip on 787 supply chain with upsized jumbos
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(12/10/2012) A Boeing Co (BA.N) official said the planemaker has its sprawling global supply chain under control for its lightweight Dreamliner jet and plans to ratchet up production, a jump in output a Japanese supplier said could expose new supply bottlenecks. [Read...]
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Boeing Delivers the 7,000th 737
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(19/12/2011) Boeing delivers milestone airplane to Middle East low-cost carrier flydubai. Popular single-aisle is the best-selling commercial airliner family in history. [Read...]
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Analysis: Reality bites for airline profits in third quarter
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(28/11/2011) After battling to retain their hard-won profitability in the second quarter, results for the 2011 third quarter proved to be a further challenge for airlines. Fuel costs rose as hedging protection began to unwind, while economic uncertainty deepened. While passenger traffic continued to grow, freight activity has already stagnated. [Read...]
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DUBAI: UAE issues shock Eurofighter Typhoon request
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(24/11/2011) France’s long-running campaign to sell up to 60 Dassault Rafales to the United Arab Emirates faces a shock last-minute challenge, with the Eurofighter consortium having been asked to submit a proposal based on its Typhoon combat aircraft. [Read...]
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Sikorsky S-76D™ Helicopter
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(23/11/2011) Moves Closer to Certification as Engines Gain Type Certification. The S-76D™ helicopter program has achieved another significant milestone as Transport Canada recently certified the Pratt & Whitney Canada PW210S engines that will be installed in Sikorsky’s new S-76D™ helicopter. [Read...]
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Boeing, Emirates Announce Historic Order for 50 777-300ERs
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(14/11/2011) Emirates order is the single largest airplane order in Boeing history. Deal breaks the record for most 777s ordered in a single year. Boeing (NYSE: BA) and Dubai-based Emirates Airline today announced an order for 50 Boeing 777-300ERs (Extended Range) plus options for an additional 20 of the popular twin-aisle commercial jetliner. [Read...]
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Boeing, ANA Complete Contractual Delivery of First 787 Dreamliner
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(03/10/2011) Boeing (NYSE: BA) and ANA have signed the formal documents completing the contractual delivery of the first 787 Dreamliner. Celebrations to mark this historic milestone begin tomorrow in Everett with a delivery ceremony followed by flyaway of the airplane on Tuesday. Today's signing comes after a series of flights, inspections and the transfer of funds. [Read...]
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NASA picks four companies for second round of commercial transport development
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(29/04/2011) NASA announced on April 18 that it has awarded four Space Act Agreements in the second round of the agency's Commercial Crew Development (CCDev2) effort. Each company will receive between $22 million and $92.3 million to advance commercial crew space transportation system concepts and mature the design and development of elements of their systems, such as launch vehicles and spacecraft. [Read...]
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Boeing: WTO Ruling Exposes Massive Airbus Advantage From Illegal Subsidies
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(05/04/2011) Trade court rejects nearly 80% of EU claim of improper support for Boeing; finds no U.S. equivalent for billions in illegal European launch aid provided to Airbus. Final rulings in U.S. and EU cases now public; findings show Airbus received more than $20 billion in impermissible funding versus $2.7 billion for Boeing.
[Read...]
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Embraer set to plant manufacturing flag on US soil
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(08/02/2011) It was November 2006, and Embraer needed some assurance. Ten months earlier, the US Army had terminated a contract to convert 38 ERJ-145 jets into surveillance aircraft due to technical issues that were outside Embraer's control. Calling on then-chief executive Mauricio Botelho in Rio de Janeiro, Adm Edmund Giambastiani, vice chairman of the joint chiefs of staff, told him that Embraer would get another chance for a US defence contract in 2007. [Read...]
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Boeing Reports Fourth-Quarter 2010 Results and 2011 Guidance
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(26/01/2011) Fourth-Quarter 2010: Earnings per share of $1.56, including favorable tax settlement, on revenue of $16.6 billion Operating cash flow of $1.1 billion reflects strong operating performance.
Full Year 2010: Earnings per share of $4.45 on revenue of $64.3 billion. Operating cash flow of $3.0 billion and cash and marketable securities of $10.5 billion provide strong liquidity. Backlog grew to $321 billion including $69 billion of new orders during the year. [Read...]
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U.S. and China Extend 32-Year Agreement to Cooperate in Science and Technology
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(26/01/2011) Last year – the 30th anniversary of the 1980 signing of the first US-China Science &Technology agreement on environmental cooperation – EPA joined China’s Ministry of Environmental Protection (MEP) in celebrating 30 years of cooperation, and to jumpstart that celebration, this past October Administrator Jackson and her Chinese counterpart signed a renewal of our cooperative agreement. [Read...]
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