It may be months before there is a clear indication of just how hard the Boeing Co. and other aerospace contractors will be hit by the softening in Asia/Pacific air traffic.
Imagine flying with an instrument panel display system that produces a virtual VFR window to the outside world, one that provides a clear, daylight view of terrain and aircraft attitude in three-dimensional perspective.
In August 1998, Gulfstream Aerospace, outbidding at least two competitors, acquired Dallas-based K-C Aviation amid a great deal of speculation about motives, the tight supply of large bizjet completion capacity and the OEM's sometimes bitter competition with Bombardier.
Most executives have no idea how expensive it is to use the airlines. Ask them how many passengers it takes to make a business aircraft economically effective compared to the airlines and their responses range from three or more to it cannot be done. Their estimates are much too conservative.
The Citation X is not only the fastest Cessna business jet ever built, it's also the fastest business jet in production. The numbers are irrefutable for the 80 aircraft that are now in service.
With Iridium LLC's survival in doubt and ICO Global Communications Ltd. experiencing problems of its own--a recent public offering failed to raise the $600 million management had targeted--some observers might be questioning what the future holds for satellite operators in general.
Facing barriers to entry stiffer than management initially anticipated, Litton Industries Inc. plans to bow out of the commercial mainframe outsourcing and professional services businesses.
A privately held company since 1907, employee-owned United Parcel Service of America Inc. is proposing to offer stock to the public, but not for the usual reason of raising capital.
Speculation about possible transatlantic mergers between major European and U.S. aerospace/defense companies may have been responsible for propelling the price of Northrop Grumman Corp.'s stock to 745/16--an increase of 5 points--last Wednesday.
Arnold M. Lewis, Jr., 61, a veteran aviation journalist who was editor of The Weekly of Business Aviation for almost 10 years and for nearly three decades was on the staff of BA affiliate Business&Commercial Aviation magazine, died unexpectedly early on April 21 at his home in Fredericksburg, Va. Cause of death was attributed to a heart attack. Lewis died just hours after he and his wife, Mary Ann, returned home from Richmond, Va., where their only son, Arnold M. Lewis III (Trey), underwent long-awaited, successful kidney transplant surgery on April 20.
Large market shares, a huge installed base of equipment and systems, and technology leadership across all of its core businesses combine to form a solid base from which Honeywell Corp. should be able to improve its financial performance during the next five years.
Israeli defense electronics manufacturer Elbit Systems Ltd. is a company to watch as a likely buyer while consolidation among lower-tier suppliers plays out in the U.S.
Capacity among U.S. airlines is expected to increase significantly, starting in the second quarter, and sustain an aggressive rate of growth through 1999.
The venerable Hawker 800XP isn't the fastest or the highest flying midsize business aircraft. It doesn't have the most range or the best fuel economy. It can't boast the shortest takeoff distances or the most sporting climb performance. Why, then, does it continue to be the best-selling midsize business aircraft?
Until recently, consolidation of major systems integrators have largely overshadowed forces shaping how lower tiers of the aerospace supply chain will look in the future.
It may be months before there is a clear indication of just how hard the Boeing Co. and other aerospace contractors will be hit by the softening in Asi a/Pacific air traffic.
The seasonal character of the airline business and a set of special circumstances have induced Steve Lewins of Gruntal to lower ratings on stocks of six airlines.
Computer Sciences Corp.'s (CSC) legal maneuvering to evade the unwelcome advances of Computer Associates International Inc. (CA) in the first quarter cost the professional-services company $20.7 million, or 9 cents per share after taxes.
Thiokol Corp., which has virtually reinvented itself since the end of the Cold War, last week adopted a new name to reflect the company's strategic diversification during the last eight years.
Of the many smaller suppliers hammered during the aerospace industry's downturn in the early 1990s, Ladish Co. may represent one of the more dramatic turnaround stories.
Considering the sustained, healthy growth in domestic airline industry revenue (about 6.5% in March) and the relatively high load factors virtually all of the major carriers are enjoying, it should come as no surprise that many of the better managed regional operators also are doing extremely well.
