ALTA commends Colombian Authorities for decision to eliminate Visa requirements

December 11, 2008

Miami – December 11, 2008 – ALTA, the Latin America and Caribbean Air Transport Association, commends Colombian authorities for their initiative and vision in its recent decision to eliminate Visa requirements for 87 countries.
“This action proves the value the Colombian authorities assign to international trade and tourism,” said ALTA Executive Director Alex de Gunten.  “We hope that other nations in the region will follow this lead by Colombia.”

Colombia’s Ministry of Foreign Affairs recently announced that the government has approved a resolution to eliminate visa requirements for citizens from 87 countries worldwide for temporary visits, including business or technical reasons. Visitors from the following countries included in the resolution will be issued a special permit by the Department of Security Administration (DAS) on arrival:  United States, Germany, Japan, Australia, Canada, Spain, Italy, as well as Mexico, and all of Central and South America.

About ALTA Asociacion Latinoamericana de Transporte Aereo
ALTA,www.alta.aero, was founded in 1980 as a non-profit airline association. Its member carriers have total revenue of more than $19 billion, operate more than 800 aircraft and employ more than 70,000 workers in Antigua, Argentina, Bolivia, Brazil, Cayman Islands, Chile, Colombia, Costa Rica, Cuba, Ecuador, El Salvador, Guatemala, Honduras, Jamaica, Mexico, Netherlands Antilles, Nicaragua, Panama, Paraguay, Peru, Venezuela, Uruguay and in other nations the airlines serve.
Member Airlines | Lineas Aereas Miembros: Aerolineas Argentinas, Aeroméxico, Aeroméxico Connect, Aeropostal, AeroRepública, AeroSur, Aires, Air Jamaica, Aserca Airlines, Avianca, Bahamas Air, Caribbean Airlines, Cayman Airways, Cielos Airlines, Click, Copa Airlines, Cubana, GOL, Icaro, LAB, LAN Airlines, LAN Ecuador, LAN Peru, Liat, Mexicana, Nature Air, Pluna, Santa Barbara Airlines, Sky Airline, TACA, TACA Peru, TAM, TAM Mercosur, Tame, VARIG LOG, Volaris and VRG Linhas Aereas.
Associate Airlines | Lineas Aereas Asociadas: Air Canada, Continental Airlines, Iberia and UPS.

UK MoD Confirms Future Lynx Programme

December 11, 2008

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Contract Includes Pull Forward Of Technologies To Provide
Urgent Upgrade To The Lynx AH Mk.9

It has been confirmed in a statement today, made by Defence Secretary John Hutton, that the Future Lynx contract signed in June 2006 by the UK Ministry of Defence with AgustaWestland, a Finmeccanica company, will proceed to full scale production. 62 aircraft will be initially procured, 34 for the British Army and 28 for the Royal Navy. With a common design, sensor and weapon capability, Future Lynx will be optimised for either the maritime or battlefield environments, with the versatility and flexibility to be able to be rapidly switched from one role to another. The aircraft will have a multi-role capability able to perform a range of tasks including battlefield reconnaissance, maritime surface attack and utility lift tasks.

The UK Ministry of Defence also intends to sign a contract within the next few weeks with AgustaWestland that will pull forward Future Lynx programme technologies to provide a rapid upgrade of 12 British Army Lynx AH Mk.9 aircraft with CTS800-4N engines to significantly improve the performance of these aircraft in hot and high operating conditions. The first four of the 12 aircraft will be delivered in late 2009 and the remaining eight will be delivered in 2010. The CTS800-4N engines and associated equipment will be pulled forward from the Future Lynx programme. The new engines produce 37% more power than the current Gem engines that are fitted to the Lynx AH Mk.9 giving the aircraft a significant increase in power which will allow the aircraft to operate in extreme hot and high conditions.

Graham Cole, Managing Director, AgustaWestland said after the announcement, “We have worked extremely closely with the MoD, as it’s Rotary Wing Strategic Partner, to ensure that the armed services get the new equipment they require as quickly as possible and in the most cost effective way. I am very pleased to say that Future Lynx remains a critical element of the UK armed forces’ helicopter plans and that the upgrade of the Lynx Mk.9 aircraft will provide a major boost to the British Army’s capability in the short term. We also look forward to working with the MoD to provide the training and support solutions for the Future Lynx.”

The Future Lynx programme continues to be on time and on budget and was the first major project to have been awarded under the Strategic Partnering Arrangement signed by the UK Ministry of Defence and AgustaWestland in June 2006. AgustaWestland has also signed partnering agreements with a number of key supplier on the Future Lynx programme including Selex Galileo, a Finmeccanica company; GKN Aerospace, LHTEC – a partnership between Rolls-Royce and Honeywell, General Dynamics UK, Thales UK and GE Aviation. The first flight of the aircraft is on schedule to take place in late-2009 with the first airframe having entered final assembly last month ahead of schedule. The Future Lynx deliveries will commence in 2011 and enter operational service with the British Army in 2014 and the Royal Navy in 2015.

Thales at the heart of Europe’s Clean Sky programme

December 11, 2008

Neuilly-sur-Seine, 11 December 2008 – Thales today announced its satisfaction at a series
of significant new milestones marking progress on Europe’s €1.6 billion Clean Sky Joint
Technology Initiative (JTI).
November 2008 saw the signature of two major agreements within the JTI. The first marks
the contractual launch of the Thales-DLR1 led Technology Evaluator, designed to assess and
evaluate the environmental impact of the technologies created within each of Clean Sky’s six
Integrated Technology Demonstrators (ITDs). The other signals the contractual launch of one
of the aforementioned ITDs: “Systems for Green Operations”, which Thales is leading in
conjunction with Liebherr.
The Technology Evaluator lies at the operational heart of Clean Sky and represents a budget
of €31 million. Overall, seventeen players are involved in Technology Evaluator research: the
twelve major industry players who founded Clean Sky, combined with universities and
members of the research community from across Europe. It will carry out the vital role of
analysing and evaluating the design results of each ITD before using them to simulate the
concept of what the air transport system could become using traffic growth and route
forecasts from 2020 and beyond. It will also facilitate design choices for optimal synergy.
Thales’s involvement in the Technology Evaluator is in line with the work carried out in-house
on the Airlab initiative, which provides a technical and operational simulation environment for
civil air transport to simulate the networking and interoperability of onboard and ground
systems.
The Systems for Green Operations ITD, with a budget of more than €300 million, aims at
addressing two different sets of systems: those related to the management of trajectory and
missions, and those related to the development of onboard electrical systems. Within this
framework, Thales will be looking to develop the navigation technology and Flight
Management Systems (FMS) set to equip the future generations of aircraft, as well as
continuing to innovate in the quest for tomorrow’s all-electric aircraft.
Thales is present across five of the six ITDs (the exception being the “Engines” ITD) and is
looking forward to leveraging its renowned expertise across the whole of the air transport
chain. The company’s systems of systems approach will be particularly valuable in the
research being carried out on the Technology Evaluator.
François Quentin, Thales, Senior Vice President in charge of aerospace activities said: “The
Clean Sky approach is very much in line with Thales’s systems-oriented approach,
considering the air transport function as an integrated system in which all systems are
interdependent and interoperable. Our positioning on the Technology Evaluator is indicative
of our rise up the value chain, while our frontline role on the Systems for Green Operations
ITD will consolidate our credentials in the fields of electrical systems and trajectory
management.”

Pratt & Whitney Rocketdyne Completes More Than 1,600 Successful Booster Missions

December 11, 2008

CANOGA PARK, Calif., Dec. 11 /PRNewswire/ — Pratt & Whitney Rocketdyne completed more than 1,600 successful booster missions with its rocket engines — the highest number of launches ever achieved by a U.S. company. With a track record stretching back to the Eisenhower administration, PWR carried the first U.S. astronauts into space and to the moon, deployed satellites on planetary orbits, and lifted deep-space telescopes that found galaxies near the dawn of time. In August, Pratt & Whitney Rocketdyne hit the 1,600 mark with the successful launch of the GeoEye-1 commercial satellite. Pratt & Whitney Rocketdyne is a United Technologies Corp. (NYSE: UTX) company.

“I am proud to be part of a team that has accomplished so much and overcome so many technical challenges to achieve such an impressive milestone,” said Jim Maser, president, Pratt & Whitney Rocketdyne. “I look forward to our bright future as we expand our business in new and exciting areas.”

After launching the first American Redstone Rocket in 1953, Pratt & Whitney Rocketdyne’s family of engines went on to boost satellites that predict hurricanes; provide military and intelligence applications; map, measure and monitor the environment; and supply communications, global positioning and navigational systems throughout the world. Pratt & Whitney Rocketdyne’s Space Shuttle Main Engines continue to launch astronauts and equipment bound for the International Space Station with 100 percent mission success. And with the J-2X, RS-68 and Common Extensible Cryogenic Engine propulsion systems, Pratt & Whitney Rocketdyne stands poised to carry astronauts back to the moon and beyond. Pratt & Whitney Rocketdyne is also expanding into hypersonics, developing a propulsion system for a hydrocarbon scramjet, a military plane that will travel at supersonic speeds greater than Mach 5, as well as propulsion systems that will help defend the nation against ballistic missile attacks.

Pratt & Whitney Rocketdyne, Inc., a part of Pratt & Whitney, is a preferred provider of high-value propulsion, power, energy and innovative system solutions used in a wide variety of government and commercial applications, including the main engines for the space shuttle, Atlas and Delta launch vehicles, missile defense systems and advanced hypersonic engines.

Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines. United Technologies, based in Hartford, Conn., is a diversified company providing high technology products and services to the global aerospace and building industries.


Invest in Aviation Infrastructure, Groups Tell Congress; Relatively Small Investments Could Yield Big Local Returns

December 11, 2008

FREDERICK, Md., Dec. 11 /PRNewswire-USNewswire/ –If Congress were to include the aviation sector in its economic stimulus packages, more than 40,000 high-paying jobs would be created, aviation safety would be improved, and there would be positive effects for the environment, according to a coalition of aviation organizations.

The group of twelve, including the Aircraft Owners and Pilots Association, told Senate and House leaders that the industry’s proposals would, “not only achieve short term economic stimulus goals, but would also lead to long-term efficiencies and economic growth.” The proposals also would improve environmental stewardship. “Very few government investments have the potential to positively influence two policy objectives at the same time. This is an investment we cannot afford to postpone,” the aviation industry said in a Dec. 10 letter to Speaker of the House Nancy Pelosi (D-Calif.), Senate Majority Leader Harry Reid (D-Nev.), Senate Minority Leader Mitch McConnell (R-Ky.), and House Minority Leader John Boehner (R-Ohio).

“Investing in the aviation infrastructure will put people to work,” said AOPA President-elect Craig Fuller. “There are hundreds of relatively low-cost projects pending at community airports across the country, ready to go. Investing in them could immediately help local communities, and encourage additional economic investment.

“The group proposals included in the letter incorporate many of the ideas that AOPA discussed last week in a private meeting with President-elect Barack Obama’s transportation planning transition team,” Fuller concluded.

In addition to AOPA, the co-signers include: the Aerospace Industries Association; the Air Transport Association; the Airport Consultants Council; Airports Council International-North America; the American Association of Airport Executives; the Cargo Airline Association; the General Aviation Manufacturers Association; the National Air Carrier Association; the National Business Aviation Association; the National Association of State Aviation Officials; and the Regional Airline Association.

Included in the industry proposals were more funds for airport construction and incentives to aircraft owners and airlines to install equipment to take full advantage of the NextGen air traffic control system. The group proposed some $3 billion be spent on NextGen infrastructure, which would reduce airline delays, improve aviation safety, and reduce emissions. Included in the proposal is some $2.5 billion to support aircraft equipage, including ADS-B (automatic dependent surveillance-broadcast) transceivers. That would “accelerate many of the economic and environmental benefits.”

“Approximately 20,000 aircraft could be equipped with this investment, generating high-paying green jobs in the high-tech fields of civil aviation manufacturing, flight operations, maintenance, and environment,” the letter noted.

The aviation organizations proposed that the current Airport Improvement Program receive an additional $1 billion in funding. There are more than 5,000 public-use airports in the United States, but only about 500 have commercial service. General aviation airports are the transportation life-links for the majority of America’s communities.

“There are improvement projects that would increase the utility and safety of these vital airports that could go to contract within 30 days if the money were available,” said Fuller. The aviation groups predicated that this proposed infrastructure funding could create some 35,000 jobs.

Also proposed were changes in the tax code to make airport bonds more attractive to investors, providing more money for construction. The group also wants other changes that would help keep aircraft manufacturing production lines moving and encourage new research and development in the aviation industry.

While the aviation industry is feeling the current economic pain like everyone else, “all forecasts point to robust growth in the civil aviation sector in the coming years,” the group said.

“Investment in our aviation infrastructure will pay dividends for generations,” said Fuller.

The aviation industry directly or indirectly generates more than 10 million jobs and $1.2 trillion in annual economic activity, representing some 5.6 percent of the U.S. Gross Domestic Product.

American Airlines to Launch Daily Flights to Madrid From Dallas-Fort Worth in May

December 11, 2008

Spain’s Capital Becomes American and American Eagle’s 34th Nonstop International Destination From Dallas/Fort Worth International Airport

FORT WORTH, Texas, Dec. 11 /PRNewswire-FirstCall/ — American Airlines today announced it will begin daily nonstop service between Dallas/Fort Worth International Airport (DFW) and Madrid, Spain, starting May 1, 2009. American will fly the route with its 225-seat Boeing 767-300 aircraft in two-class configuration.

The inaugural departure, Flight 36, will depart DFW at 5:35 p.m., Friday, May 1, and arrive in Madrid at 10 a.m., Saturday, May 2 — a flight lasting approximately 9 hours, 25 minutes. The first departure from Spain, Flight 37, will depart Madrid at 1:10 p.m., Saturday, May 2, and arrive at DFW at 4:45 p.m. the same day — a flight lasting approximately 10 hours, 35 minutes. All times are local.

“Connecting Dallas/Fort Worth to Madrid is more than simply providing new destinations and greater opportunities for our customers. It’s just as much about connecting cultures and opening up economic opportunities that did not previously exist,” said Gerard Arpey, American’s Chairman and Chief Executive Officer. “We are making this investment with the belief that our Joint Business Agreement and antitrust immunity application with British Airways and Iberia will ultimately be approved. Once approved, we earnestly hope and believe that it will be the first of many other opportunities to enhance and expand connections between the United States and Europe allowing our customers greater access to the world and benefitting the greater Dallas/Fort Worth community.”

Madrid will be the 34th international destination served by American and American Eagle from its Dallas/Fort Worth hub, depending on the season. With its oneworld(R) Alliance partners, the new service will also provide convenient and seamless travel to 87 destinations served nonstop beyond Madrid into Europe, Africa and Asia.

From DFW, American and American Eagle operate approximately 745 daily departures to more than 150 nonstop destinations. Among American’s nonstop international destinations from DFW are cities in Argentina, the Bahamas, Belize, Brazil, Canada, Chile, Costa Rica, France, Germany, Guatemala, Jamaica, Japan, Mexico, Panama, the United Kingdom and Venezuela.

“This is a terrific new addition to our international portfolio and will offer our local passengers and connecting travelers another prime destination to one of the financial and cultural capitals of Europe,” said Jeff Fegan, CEO of DFW International Airport. “Bringing new international air service to this region is one of our airport’s major strategic priorities and this new flight will generate more than $107 million annually for the North Texas economy. We applaud American Airlines for linking our award-winning International Terminal D to another major European gateway.”

American, a founding member of the global oneworld(R) Alliance, currently serves Spain with two daily nonstop flights — to Madrid from Miami International Airport and to Barcelona from John F. Kennedy International Airport in New York.

Spain is expanding its investment and business opportunities in the United States with an eye on Texas and the Dallas/Fort Worth region, so this is terrific news for our citizens and our economy,” said Tom Leppert, Mayor of Dallas. “This announcement clearly demonstrates the strength of our business marketplace as well as the power of DFW International Airport to boost tourism and trade for all of us.”

North Texas and the city of Madrid are economic centers for technology, manufacturing and tourism. Now, these two power houses will be seamlessly linked by a new, nonstop daily flight,” said Mike Moncrief, Mayor of Fort Worth. “This new service is certain to create jobs, spur new development and expand investment opportunities for the people of Fort Worth as well as the good citizens of Madrid.”

About American Airlines

American Airlines, American Eagle and the AmericanConnection(R) airlines serve 250 cities in 40 countries with, on average, more than 3,400 daily flights. The combined network fleet numbers more than 900 aircraft. American’s award-winning Web site, AA.com(R), provides users with easy access to check and book fares, plus personalized news, information and travel offers. American Airlines is a founding member of the oneworld(R) Alliance, which brings together some of the best and biggest names in the airline business, enabling them to offer their customers more services and benefits than any airline can provide on its own. Together, its members serve nearly 700 destinations in over 140 countries and territories. American Airlines, Inc. and American Eagle Airlines, Inc. are subsidiaries of AMR Corporation. AmericanAirlines, American Eagle, AmericanConnection, AA.com, We know why you fly and AAdvantage are registered trademarks of American Airlines, Inc. (NYSE: AMR)

TAM Has Record International Market Share of 84.7% in November

December 11, 2008

SAO PAULO, Brazil, Dec. 11 /PRNewswire-FirstCall/ — TAM (NYSE: TAM, BOVESPA: TAMM4) announces operating data for November 2008, as disclosed by the Brazilian National Civil Aviation Agency (ANAC) today.

According to ANAC, TAM registered 3.4% growth in domestic RPK (demand) compared to the same period last year, and a 13.4% increase in domestic ASK (supply). In November, market demand decreased 1.0% and market supply increased 11.4%. TAM registered domestic market share (RPK) of 51.7%, a 2.2 p.p. increase compared to the same period in 2007. TAM’s domestic load factor was 65.8%, 3.3 p.p. higher than the market average of 62.5%.

In the international market, TAM registered 36.3% growth in RPK and 32.4% in ASK, compared to November 2007. The company attained market share of 84.7%, representing 11.4 p.p. growth year on year. TAM attained 70.0% load factor, 4.2 p.p. higher than the market average of 65.8%.

 Please find below our operating data for November:

    Operating data                            Nov-08      Nov-07      Var. %
    Domestic Market
         ASK (millions) - Supply               2,964       2,615      13.40%
         RPK (millions) - Demand               1,949       1,886       3.40%
         Load Factor                          65.80%      72.10%    -6.4 p.p.
         Market share                         51.70%      49.50%     2.2 p.p.

    International Market
         ASK (millions) - Supply               1,878       1,419      32.40%
         RPK (millions) - Demand               1,315         965      36.30%
         Load Factor                          70.00%      68.00%     2.0 p.p.
         Market share                         84.70%      73.30%    11.4 p.p.

    Operating data                         Jan-Nov     Jan-Nov        Var. %
                                             2008        2007
    Domestic Market
         ASK (millions) - Supply              31,898      27,925      14.20%
         RPK (millions) - Demand              21,853      19,657      11.20%
         Load Factor                          68.50%      70.40%    -1.9 p.p.
         Market share                         50.40%      48.90%     1.5 p.p.

    International Market
         ASK (millions) - Supply              18,922      14,372      31.70%
         RPK (millions) - Demand              14,441      10,153      42.20%
         Load Factor                          76.30%      70.60%     5.7 p.p.
         Market share                         74.30%      67.20%     7.1 p.p.

Boeing Programa Primer Vuelo de su Avión 787 Dreamliner para el Segundo Trimestre de 2009; la Primera Entrega Tendrá Lugar en Primer Trimestre de 2010

December 11, 2008

11/12/2008 /PR Newswire Latinoamerica/ — El cambio en el cronograma se debió al efecto de la huelga de operarios y al reemplazo de sujeciones

EVERETT, Wash., 11 de diciembre /PRNewswire-FirstCall/ — Boeing (NYSE:BA) anunció hoy un cronograma actualizado de su programa de vuelos con las totalmente nuevas aeronaves 787 Dreamliner, que pospone el primer vuelo del avión comercial para el segundo trimestre de 2009 y la primera entrega para el primer trimestre de 2010. El nuevo cronograma refleja los efectos de la interrupción ocasionada por la reciente huelga de operarios y por la necesidad de reemplazar determinadas sujeciones en la primera etapa de producción de los aviones.

“Nuestro equipo industrial ha logrado avanzar con las pruebas estructurales, la calificación de hardware de los sistemas y la producción, pero debemos modificar nuestro cronograma sobre la base de estas dos interrupciones inesperadas”, dijo Scott Carson, Presidente y CEO de Aviones Comerciales de Boeing.
Fuente: Boeing

Keystone Aviation Utah to add HondaJet

December 11, 2008

Salt Lake City – Governor’s Office of Economic Development (GOED) Business Development Board met today and approved an Economic Development Tax Increment Financing (EDTIF) incentive for Keystone Aviation, LLC, doing business as HondaJet Northwest.   Keystone Aviation doing business as Million Air performs aircraft maintenance and repair services, charter flights, and ground operations at the Salt Lake airport. The company will be operating a wholly owned subsidiary which will do business as HondaJet Northwest.

The capital investment in the new subsidiary will be in excess of $3 million and as much as $5 million.  The EDTIF incentive is for $1.74 million over a ten year term.  EDTIF incentives are post performance based tax credits of a portion of new state tax revenue collected from payroll, sales and corporate income taxes previously paid.

The HondaJet operation will add over 70 new full-time positions with average wages exceeding 125% of the Salt Lake County average wage.  Salaries paid over the 10 year life of the incentive will exceed $18.5 million and new state tax revenue will be over $8.7 million during the same period.

“This new HondaJet operation is a win for everyone involved, the State, Keystone, Honda and the traveling public.  This new advanced light jet lives up to the company’s reputation for dynamic performance together with superior efficiency.  The fact that our Utah operation has been selected to service HondaJet speaks well to the quality of our current operations and workforce,” said William Haberstock, CEO.

“The fact that HondaJet has selected Keystone to service their new cutting edge business jet is not only a credit to their firm it also shows the continuing strength of the Utah economy.  This announcement continues the tradition of the State having a significant expansion or relocation announcement every month for the past 28 months, said Jason Perry, GOED Executive Director.

Keystone Aviation, LLC, dba Million Air, corporate headquarters are located at the Salt Lake International Airport and the company currently has 250+ employees in both Salt Lake City and Provo.  The company also has subsidiary operations in Oregon and Arizona operating under the commercial names Northwest Aircraft in Oregon and Arizona Piper in Arizona.

In addition to the wide range of FBO services they also offer a state of the art passenger terminal, 275, 000 SF heated aircraft hanger space, a lounge and a complete business facility for customers.  The Salt Lake City fixed base operation, Million Air, was recently ranked top 1% in the nation as the ‘Most Outstanding FBO in North America, South America, Central America and the Caribbean’.

The Governor’s Office of Economic Development and the Economic Development Corporation of Utah cooperated in assisting Keystone with their expansion plans.

###

About Honda Aircraft Company, Inc.
Honda Aircraft Company, Inc., is a wholly owned subsidiary of Honda Motor Co., Ltd.
Founded in Japan in 1948, Honda began operations in the U.S. in 1959 with the
establishment of American Honda Motor Co., Inc., Honda’s first overseas subsidiary.

The HondaJet advanced light jet is Honda’s first-ever commercial aircraft and lives up to the company’s reputation for dynamic performance together with superior efficiency.  The HondaJet delivers class-topping cruise speed and fuel efficiency, greater luggage capacity, and a more spacious cabin with seating for seven people, compared to other similarly sized aircraft. All major assembly and testing of the prototype HondaJet have been conducted in Greensboro, NC, where Honda Aircraft Company has established its world headquarters and R&D facilities.  Production of the HondaJet will take place on the same Greensboro campus.  Working closely with the U.S. Federal Aviation Administration, Honda Aircraft Company anticipates its first test flight of a conforming model in mid-2009, with the overall timetable targeting type certification in 2010. Deliveries of the HondaJet are scheduled to begin in 2010.

Sikorsky Aircraft Named U.S. ‘Investor of the Year’ in Poland

December 11, 2008

WARSAW, Poland,Dec. 11 /PRNewswire/ — The U.S. Chamber of Commerce in Poland has named Sikorsky Aircraft Corporation its “Investor of the Year” for 2008, for its efforts in the acquisition of the PZL Mielec factory and integrating it into a modernized, efficient facility. Sikorsky is a subsidiary of United Technologies Corp. (NYSE: UTX).

The American Chamber’s Investor of the Year Award is given to a chamber member that has achieved impressive growth, visibility, and a significant breakthrough in the Polish market, demonstrating its long-term commitment and its contribution to the labor market while adhering to the highest standards of business ethics. The award was announced at the Chamber’s Annual General Meeting held at the Warsaw Hilton Hotel.

“Sikorsky’s investment in PZL Mielec serves as yet another example of the dedication of our firm and our parent company, to the people of Poland,” said Sikorsky President

Jeffrey P. Pino. “With a combined nearly 8,000 employees, United Technologies Corporation, Pratt & Whitney, and Sikorsky Aircraft are Poland’s largest aviation industry employers. These combined strategic investments of money, know-how and state-of-the-art technologies will significantly add to Poland’s proud aviation tradition among European and global companies.”Since the acquisition of PZL Mielec on March 16, 2007, Sikorsky has delivered on each of the broad commitments. Sikorsky has invested millions of dollars in fixed assets, environmental remediation, and human resources training and transfer of technical expertise. In addition, Sikorsky has initiated a broad social package for PZL Mielec employees.

During this time, employment at PZL Mielec has increased by 11 percent, from an initial level of 1,471 employees to 1,640 full-time personnel. Additional employees are expected to be hired in the next 12 months, and groundbreaking is scheduled soon for a new European Union funded vocational training facility to educate more than 200 students per year for PZL Mielec.

“PZL Mielec is a key component of Sikorsky’s strategic plans for Europe,” Pino continued. “As production plans move forward for the S-70i BLACK HAWK(TM) helicopter to be built there, we have big plans for Polish production and export of aircraft and components as well. Among those plans are the production of cabins and other major assemblies of the UH-60M BLACK HAWK helicopter, production and export of the PZL Mielec M28, aircraft and final assembly and testing of the S-70i BLACK HAWK helicopter.”

Production of highly-advanced and combat-proven BLACK HAWK helicopters and cabins in PZL Mielec will have tremendous effects on numerous other privately- and publicly-held Polish aviation entities. In the short term, economic and export benefits will accrue from parts sourcing, increased labor, sales to the U.S. Armed Forces, and technology transfer. In the long-term, Sikorsky is evaluating other Polish firms and institutes that will serve as completion centers, sustainment and parts-management centers, and certification institutes.

Sikorsky Aircraft Corp., based in Stratford, Conn., USA, is a world leader in helicopter design, manufacture and service. The company’s mission statement reflects its long commitment to safety and innovation: “We pioneer flight solutions that bring people home everywhere … every time(TM).” United Technologies Corp., based in Hartford, Conn., USA, provides a broad range of high technology products and support services to the aerospace and building systems industries.

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