New York, Geneva (AirGuideBusiness - Aircraft Supplier & MRO News Europe) Sep 16, 2012
U.S. and Germany sign biofuel-development agreement German Transport Minister Peter Ramsauer and U.S. Ambassador to Germany Philip Murphy have signed an agreement that will lead to greater research for sustainability efforts in aviation-fuel manufacturing. The pact, designed to strengthen cooperation between the countries, focuses on researching the development of biofuels as alternative aviation fuel. Sep 13, 2012
Airbus Airbus production is limited by supply chain, executive says. Airbus is facing a backlog of 4,400 aircraft, but may be limited in ramping up production due to its supply chain. The aircraft manufacturer produces 42 single-aisle planes per month. "I would very much like to have more A320neo slots earlier and to increase the production of single-aisles up to 44, but that depends on the supply chain," said John Leahy, chief operating officer of customers at Airbus. Sep 11, 2012
BAE Systems An EADS-BAE merger could spur U.S. defense consolidation. A proposed merger of European Aeronautic Defence and Space Co. and BAE Systems could spark a wave of consolidation in the U.S. defense business by creating a new aerospace and defense super-rival of U.S. firms, experts say. "This is most likely a first big step in the needed consolidation of the big aerospace defense suppliers," said Greg Hayes, chief financial officer of United Technologies. Sep 13, 2012
BAE Systems More minorities are needed in defense, BAE Systems CEO says. Women have made great progress rising through the ranks of the defense industry, says BAE Systems CEO Linda Hudson, but more minorities are needed at leadership levels. BAE launched a new initiative this year to increase diversity at the company, and Hudson, herself a trailblazer, said the firm was trying to "change the way we look for talent." Sep 10, 2012
TechNavio Aircraft Manufacturing Market in China 2011-2015. TechNavio's analysts...