Rolls-Royce share of Jetstar V2500 order worth up to $1.2 billion

January 29, 2010

Rolls-Royce, the global power systems company, has won a share of an order from Jetstar Airways for V2500 engines to power up to 90 Airbus A320 family aircraft. The order is worth up to $1.2bn to Rolls-Royce if all options are exercised.

Jetstar, a wholly-owned subsidiary of Qantas Airways, has selected the engine for a new fleet of 50 additional aircraft, with options and purchase rights on up to 40 more. The aircraft will be distributed amongst the Jetstar Group fleet that includes investments by Qantas in low cost carriers Jetstar Asia and Valuair of Singapore and Jetstar Pacific, Vietnam’s second largest domestic carrier.

The contract includes a long-term engine service agreement for these aircraft as well as engines installed on 40 aircraft already operated by the three Jetstar Group airline brand businesses.

The V2500 is produced by the International Aero Engines consortium (IAE) in which Rolls-Royce is a senior shareholder. IAE’s other partners are Pratt & Whitney, the Japanese Aero Engines Corporation and MTU Aero Engines.

The 22,000 – 33,000lb thrust V2500 powers the Airbus A319, A320 and A321 family of aircraft as well as the Airbus Corporate Jetliner. More than 5,500 V2500 engines are in service or on firm order worldwide.

Rolls-Royce, a world-leading provider of power systems and services for use on land, at sea and in the air, has established a strong position in global markets – civil aerospace, defence aerospace, marine and energy.
In 2008, Rolls-Royce and its partners invested £885 million on research and development, two thirds of which had the objective of further improving the environmental aspects of its products, in particular the reduction of emissions.
Annual underlying revenues were £9.1 billion in 2008, of which 52 per cent came from services revenues. The firm and announced order book stood at £57.5 billion at 30 June 2009, providing visibility of future levels of activity.

Cessna Dealer Africair Marks Busy Year at Aeroexpo Marrakech

January 26, 2010

WICHITA, Kan., Jan. 26, 2010 – Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, is marking its recent high level of activity in North Africa with a display of Citation business jets at Aeroexpo Marrakech this week at Morocco’s Menara Airport (RAK), courtesy of Africair, Cessna’s authorized sales representative for greater Africa.

“Cessna, through Africair, has had a high level of activity in Africa, particularly in North Africa the past year and we are excited to be represented at this important show,” said Trevor Esling, Cessna vice president, International Citation Sales.

Africair will display a Citation Mustang, the world’s most popular entry-level business jet, a Citation CJ3 and a Citation XLS+, the company’s top selling business jet model.

Since 2008, Cessna has delivered seven Citations to customers in North Africa – a Citation CJ2+ and Citation XLS+ in Algeria; two Citations XLS aircraft in Libya; and a Citation CJ1+ and two Citation XLS+ aircraft in Morocco.

Africair, covering central and northern Africa, has been Cessna’s exclusive representative for more than 30 years.

PC-12 NG DELIVERIES REACH A NEW HIGH

January 26, 2010

Pilatus is delighted to announce a record-breaking year for PC-12 deliveries.
The company delivered 100 PC-12 NGs in 2009 worldwide, surpassing delivery
totals for any production year since the PC-12 program began.

“Achieving 100 deliveries in a single year is a significant milestone for Pilatus
and the PC-12 NG production program and reason to celebrate,” said Ignaz
Gretener, Vice President General Aviation at Pilatus Aircraft, Ltd. “This would
be true in any year, but the fact we did it last year is simply outstanding.”

The PC-12 has consistently been one of the top selling models of turbine-
powered aircraft, and Pilatus has conservatively increased production over the
years, delivering 90, 92, and 97 of the type in 2006, 2007, and 2008,
respectively. The company’s steady approach has allowed it to carefully grow
yet stay appropriately lean.

The single-turbine powered PC-12 NG is widely recognized as a powerful yet
responsible business and special mission aircraft. Its low acquisition and
operating costs and large pressurized cabin offer unique capabilities that
operators worldwide are using every day to travel quickly and efficiently in the
new economy.

Kaman Helicopters Restructures; Names New Product Group GMs

January 26, 2010

BLOOMFIELD, CT, January 25, 2010 – The Helicopters Division of Kaman Aerospace Corporation announced today that it has reorganized around product groups, with newly appointed general managers for each.  “The reorganization, effective immediately, is intended to support aggressive business goals and a more strategic approach to achieving growth and sales,” said Sal Bordonaro, Helicopters Division President.
•    Tim Bates has been named general manager of the Blade Center of Excellence and Subcontract Product Group.  Bates, who previously served as Director of Operations, will focus solely on developing and growing all aspects of blade business and managing the existing aircraft subcontract efforts.  Innovation in helicopter composite rotor blade technology is a rapidly growing business at the Kaman Helicopter HeliworX™ full-service aerospace innovation and manufacturing support center.
•    Terry Fogarty has been appointed general manager for the Unmanned Aircraft Systems (UAS) Group. Fogarty has managed a range of programs in the Helicopters Division, most recently its K-MAX and UAS development efforts as Director of K-MAX programs.    The UAS group, in conjunction with its partner, Lockheed Martin, (Team K-MAX) has a significant business opportunity and is currently preparing an unmanned K-MAX for a crucial demonstration flight.  This demonstration will be followed by an RFP that could pave the way for an initial contract award from the U.S. Marines.
•    Bob Manaskie, who previously served as manager, SH-2 Programs, has been named general manager of the Helicopter Aftermarket Group.  In his new capacity, Manaskie is responsible for leading aftermarket activities in the Division, including the K-MAX program requirement.
•    John Shelanskas has been named Acting Director of the Operations support organization.
“The product group general managers will be responsible for all aspects of their business, including business development, revenue generation, and profits,” Bordonaro said.  “This is our path to profitable growth and a very exciting future.”
Kaman Helicopters, a division of Kaman Aerospace Corporation, is a member of the Kaman Corporation (NASDAQ-GS: KAMN) group of companies, which conducts business in the aerospace and industrial distribution markets.  The group is a subcontractor for complex metallic and composite structures and components for commercial, military and general aviation aircraft; designs and manufactures fuzing devices for the U.S. and allied militaries; and markets and supports its SH-2G and KMAX helicopters.

Sikorsky Unveils $20 Million CH-53K Helicopter Precision Components Technology Center

January 25, 2010

STRATFORD, Conn., Jan.  22, 2010 – Sikorsky Aircraft Corp. today formally opened its new Precision Components Technology Center, launching a new path toward strategic competitive excellence beginning with the manufacture of CH-53K heavy lift helicopter components. Sikorsky Aircraft is a subsidiary of United Technologies Corp. (NYSE: UTX).

The center will produce major dynamic components of the CH-53K helicopter such as rotating and stationary swashplates, main and tail rotor hubs, and main rotor sleeves. It will showcase the magnitude of the CH-53K helicopter and the unique production challenges presented by its size and technological complexity. Forgings to be machined in the center, for example, will be twice the size of the largest forging produced at the facility to date.

Of UTC’s total investment of $130 million in the program, Sikorsky has committed more than $20 million to the Precision Components Technology Center.

“Sikorsky’s investment in this new technology center is further evidence of the company’s commitment to the CH-53K helicopter program,” said Mark Cherry, Vice President, Marine Corps Programs. “The heavy lift mission is critical; the size and complexity of the CH-53K helicopter’s critical parts necessitated a center dedicated to its production and design iterations as we continue on our path to first flight. We expect the technology center to leverage a number of the manufacturing improvements incorporated in the development of this aircraft, including identifying critical part characteristics to align with manufacturing process capability.”

The center currently employs eight personnel.

The Precision Components Technology Center was designed to allow the development of new product lines with “zero setup time” and quick changeover from one component to another. The equipment in the center has the capability to produce any precision rotor and drive system dynamic component including legacy configurations.

Mick Maurer, Senior Vice President of Sikorsky Operations, said the center’s primary focus will be to support the dynamic components of the CH-53K System Development and Demonstration program, but the facility also was created with an eye toward the future.

“The grand opening of the Precision Components Technology Center marks a significant program milestone that demonstrates our commitment to the U.S. Marine Corps and the development of the next generation CH-53K heavy lift helicopter.  As we expand our global footprint, Sikorsky continues to invest in state-of-the-art manufacturing capabilities that offer a unique competitive advantage in the advancement of flight-critical dynamic component technologies,” Maurer said.

Sikorsky Aircraft received a $3 billion System Development and Demonstration contract on April 5, 2006 to develop a replacement for the U.S. Marine Corps CH-53E heavy lift helicopter. The new aircraft program is planned to include production of more than 200 new aircraft. Development money and production quantities will be determined year-by-year over the life of the program based on funding allocations set by Congress and Pentagon acquisition priorities.

Its predecessor, the three-engine Sikorsky CH-53E SUPER STALLION™ helicopter, is the largest, most powerful marinized helicopter in the world. It is deployed from Marine Corps amphibious assault ships and land bases to transport personnel and equipment and to carry external (sling) cargo loads.

The CH-53K helicopter will maintain virtually the same footprint as the CH-53E aircraft, but will nearly triple the payload to 27,000 pounds over 110 nautical miles under “hot high” ambient conditions. The CH-53K helicopter’s maximum gross weight (MGW) with internal loads is 74,000 pounds compared to 69,750 pounds for the CH-53E aircraft. The CH-53K helicopter’s MGW with external loads is 88,000 pounds as compared to 73,500 for the CH-53E helicopter.

Features of the CH-53K helicopter include: a joint interoperable glass cockpit; fly-by-wire flight controls; fourth generation rotor blades with anhedral tips; a low-maintenance elastomeric rotor head; upgraded engines; a locking cargo rail system; external cargo handling improvements; survivability enhancements; and reduced operation and support costs.

Sikorsky Aircraft Corp., based in Stratford, Conn., is a world leader in helicopter design, manufacture and service. United Technologies Corp., based in Hartford, Conn., provides a broad range of high technology products and support services to the aerospace and building systems industries.

Gulf Aviation Academy orders CAE 7000 Series Embraer 170/190 simulator

January 25, 2010

Order replaces A330/340 FFS signed last June

KINGDOM OF BAHRAIN–(Marketwire – Jan. 22, 2010) – (NYSE:CAE)(TSX:CAE) – CAE announced today at the first-ever Bahrain International Air Show that it has signed a change order contract amendment with Gulf Aviation Academy (GAA) for a CAE 7000 Series Embraer 170/190 full-flight simulator (FFS). The change order amends a contract signed in June 2009 by GAA’s parent company, Bahrain Mumtalakat Holding Company (“Mumtalakat”), and reflects their decision to switch an A330/340 simulator to an Embraer 170/190 FFS.

GAA is fully-owned by Mumtalakat, the investment arm of the Kingdom of Bahrain. Talal Al Zain, Chief Executive Officer of Mumtalakat, and Jeff Roberts, CAE’s Group President, Civil Simulation Products, Training and Services, were on-hand at the Bahrain International Air Show to sign the change order.

“I am pleased to announce the acquisition of an Embraer 170/190 simulator for the Gulf Aviation Academy’s new training centre in Bahrain,” said Mr. Al Zain. “We aim to provide top quality, end-to-end aviation training solutions to commercial airlines in the Middle East and North Africa region, and will continue to make investments that meet the growing regional demand for pilot training as well as create job opportunities and financial growth in Bahrain.”

The CAE 7000 Series Embraer 170/190 FFS will be delivered later this year to Gulf Aviation Academy’s new training centre, which currently includes a CAE 5000 Series A320 FFS with another CAE 5000 Series A320 FFS to be delivered soon. The Embraer 170/190 simulator, which will be only the second of its type in the region, will feature the CAE Tropos-6000 visual system and CAE True electric motion system.

“We are excited about our relationship with Gulf Aviation Academy,” said Jeff Roberts. “In the civil aviation market, only CAE offers a diversified portfolio of products, services and capabilities that allow us to tailor a range of aviation training solutions to our customers’ requirements.”

Finnish Border Guard Orders An AW119Ke Helicopter

January 25, 2010

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AgustaWestland, a Finmeccanica company, is pleased to announce that the Finnish Border Guard has ordered a fourth AW119Ke single engine helicopter. The Finnish Border Guard chose the AW119Ke in 2008 to sustain its fleet modernization and enhancement programme. All four helicopters will be used to perform various tasks including border patrol, special operations and fire fighting. The first three helicopters ordered will enter service during the 3rd quarter of 2010 and will operate from Helsinki and Rovaniemi (Arctic Circle) bases, flying in the harshest environmental and weather conditions and covering the entire Finnish/Russian border.

The Finnish Border Guard will also be provided with a tailored training and support package as part of the contract. The original order for three aircraft marked the entrance of AgustaWestland’s AW119Ke helicopter into the European law enforcement and homeland security helicopter market.

This purchase continues and strengthens the longstanding relationship between AgustaWestland and the Finnish Border Guard who has been supplied with AB206 JetRanger and AB412 helicopters.

The Finnish Border Guard’s AW119Ke helicopters will be fitted with dedicated tactical equipment and certified to perform missions using Night Vision Goggles (NVGs). The AW119Ke’s law enforcement and homeland security variant has a patrol time of approximately 5 hours and also has the largest cabin in its class which can be quickly reconfigured for different missions. The AW119Ke also delivers outstanding performance whilst having low operating costs.

The Finnish Border Guard adds to a large number of leading customers who are operating or have chosen this helicopter type for homeland security and public service applications in several countries including the United States, Mexico, China, Republic of Korea, Spain and Uganda. Approximately 190 helicopters have been ordered to date by over 90 customers in 30 countries to perform roles such as law enforcement, EMS, VIP/corporate transport, offshore transport and fire fighting.

The Finnish Border Guard is responsible for Finland’s internal security, reporting to the Ministry of the Interior. The main functions of the Border Guard are guarding Finland’s land borders and territorial waters, carrying out passport control at border crossing points, ports and airports, as well as law enforcement, maritime safety and performing search and rescue operations, especially at sea.

Honeywell Commits $1 Million In Cash For Haiti Earthquake Relief Efforts

January 21, 2010

Matches Employee Donations Dollar-for-Dollar; Makes Aircraft Available for On-Going Deliveries into Haiti

MORRIS TOWNSHIP, N.J., Jan. 21 /PRNewswire-FirstCall/ — Honeywell (NYSE: HON) today announced comprehensive plans to provide both immediate and long-term aid to Haitian earthquake relief efforts.

The company will commit $1 million in cash, including a 100% match of employee donations, to fund rebuilding projects in Haiti.  Honeywell is also making its business jets available and has already provided airlift support to Operation USA to deliver 1,500 lbs. of medical supplies, including urgently-needed, high-value antibiotics, and transported Partners In Health medical staff to Port-au-Prince.

“In the hours immediately following the earthquake, Honeywell Hometown Solutions began work to deliver emergency medical supplies and transport medical staff to Haiti,” said Honeywell Chairman and Chief Executive Officer Dave Cote.  “The people of Haiti need the world’s help to meet their immediate needs for food, water, and medical care, and to rebuild.”

Through Honeywell Hometown Solutions, the company will match employee contributions dollar-for-dollar.  The company and employee contributions will be used to fund projects to begin the long process of rebuilding in Haiti.  Honeywell is working with long-standing partners Operation USA and Rebuilding Together.

“We’ve reached out to our more than 120,000 employees globally who have been extremely generous in situations like this in the past,” continued Cote.  “The company has opened a website to facilitate employee donations and payroll deductions.  Honeywell will also continue to support recovery and relief efforts with airlift support from Honeywell Aviation.”

“With the commitment of our employees and partners globally and the company’s contributions, Honeywell will play a vital role in bringing critical and timely assistance to the families of Haiti,” concluded Cote.

Piper Aircraft Unveils the PiperSport

January 21, 2010

The PiperSport is a World-Class, Entry-Level Aircraft in the Light Sport Aviation Segment Offering Performance, Luxury, and Value for Money

SEBRING, Fla., Jan. 21 /PRNewswire/ — Piper Aircraft, Inc. announced details and unveiled its all-new PiperSport here today, underscoring its foray into the Light Sport Aviation segment with a world-class aircraft that speaks to Piper’s heritage in bringing seminal, entry-level airplanes to market while offering features and performance normally found in more expensive, high-end aircraft.

Piper President & CEO Kevin J. Gould made the announcement during a news conference held here this morning at the Sebring U.S. Sport Aviation Expo 2010.

“With the PiperSport,” Gould said, “Piper is entering what is undeniably one of the most exciting market segments in general aviation. This burgeoning segment is becoming vital to our industry and playing an ever-increasing role in developing general aviation’s next generation of pilots. The PiperSport is an amazing entry-level aircraft that will bring new customers into Piper and lead the way for those customers to step up into more sophisticated and higher performance aircraft within our line over time. Moreover, as the only aircraft manufacturer to have models in every market segment, Piper continues to expand its business model to ensure that we are in tune with the times and that we meet the needs of our customers at every level.”

The PiperSport, manufactured under a licensing agreement with Czech Sport Aircraft (CSA) and distributed through Piper’s master distributor, PiperSport Distribution, Inc., is immediately available for sale, with first deliveries scheduled for April.

The PiperSport features a rate of climb of 1,200 feet per minute and is capable of reaching a maximum cruise speed of 138 miles per hour and an altitude of 10,000 feet. The aircraft has a gross weight of 1,320 pounds and 600 pounds of useful load. With the ability to run on automotive fuel, the PiperSport’s 30-gallon fuel capacity gives the aircraft a range of 600 nautical miles and the ability to refuel virtually anywhere in the world that offers either 100LL or premium, unleaded automotive fuel.

There are three variants of the aircraft: The PiperSport, which sells for $119,900; the PiperSport LT (primarily a training model), which sells for $129,900; and the PiperSport LTD (professional model), which sells for $139,900.

Panama had the best export performance in Latin America in 2009

January 21, 2010

According to a report in Latin Business Chronicle, Panama was the only country in the region which increased its exports during 2009. Its exports grew by 0.3% to $16.7 billion in the year, the best performance in the region.

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