Continued softness in the business jet and other aerospace and defense markets made for uninspiring—but unalarming—earnings results at major parts and services provider Honeywell, executives and analysts said Jan. 27.
Under an agreement between the FAA and the city of Santa Monica, California, the Santa Monica Airport will remain open through 2028, although its runway will be shortened, impacting larger business jet traffic.
Airbus Helicopters CEO Guillaume Faury says the company still has faith in its H225/EC225 heavy helicopter and is determined to restore confidence in the aircraft for the oil and gas community.
Revenue and deliveries of business jets and turboprops at Textron Aviation fell during the final quarter of 2016 due to lower-than-expected demand and pricing pressures from customers.
Tamarack Aerospace Group, based in Sandpoint, Idaho, has received the FAA’s Parts Manufacturer Approval for its active winglet system for the Cessna CJ business jet.
The University of Colorado (CU) Boulder is taking advantage of a large gift and an ambitious new dean of engineering to help focus the state’s aerospace industry as a growing U.S. center for spaceflight innovation.
Airbus Helicopters CEO Guillaume Faury has said that 2016 was as difficult a year for the rotary-wing industry as 2008 at the height of the global financial crisis. And it is unlikely to improve this year.
2016 was below expectations for regional aircraft manufacturer ATR, as it received fewer orders for its ATR 42/72 turboprops and delivered fewer of them than predicted one year ago.
New certification requirements have forced Mitsubishi Aircraft to revise the design of the MRJ, the company said as it confirmed that the target for first delivery of the regional jet has slipped two years to mid-2020.
