Although some political instability lingers, and rumors about Greece exiting the eurozone have resurfaced, the skies are looking a lot brighter for the privately owned Athens-based carrier.
While certification of Comac’s first airliner—the ARJ21—is a big step, the real test will be whether the company can provide adequate after-sale support.
Commercial engines set for major service entry milestones in 2015 while major military initiatives bank on upgrades and foreign sales in the short term and research for the long term.
In 2014, no other person has had a more sweeping impact on aerospace and aviation—for better or worse—than Russian President Vladimir Putin. And for all but the most cynical of observers, Putin’s far-reaching impact has definitely been for the worse. Because of this, he is Aviation Week's 2014 Person of the Year.
David C. Wajsgras (see photo) has been appointed president of Waltham, Massachusetts-based Raytheon’s Intelligence, Information and Services, succeeding Lynn A. Dugle, who plans to retire. Wajsgras has been corporate vice president/CFO and will be succeeded by Anthony F. “Toby” O’Brien (see photo). O’Brien has been vice president/CFO of Raytheon Integrated Defense Systems and was vice president-finance for Raytheon Airline Aviation Services and CFO of the then-Raytheon Aircraft Co.
The conflict in Ukraine has increased the visibility of Russia’s military transformation, which Putin began at the start of his first term as president.
Aviation Week’s Person of the Year is the figure who had the most impact—for better or, in this case, worse—on aerospace and aviation over the year. In 2014, Putin’s actions roiled defense, space and commercial aviation.