Aviation Companies Making BIG Moves

As aviation seeks to bounce back from the pandemic and the ensuing related economic challenges, we see major players within the aviation industry making big moves in order to solidify their position within the industry and to help strengthen the industry moving forward. This might be vitally important for the industry as we head into a period of uncertainty. We believe that there are serious economic challenges ahead, it is also our belief that the larger players within the aviation industry also recognize this and are positioning themselves to deal with such challenges and uncertainties.

In this week’s On Aviation™ digest, we share some articles in stories on some of the recent moves by large companies within the aviation industry. This might help shed some light as to what is to come and give some insights to those who may want to benchmark some of these moves in order to strengthen their position in the industry or simply prepare for what may come in the future.

Textron Aviation Expands Parts Distribution Operations at Its Headquarters Location to Better Serve Global Customer Base

No alt text provided for this image

ORLANDO, Fla., October 17, 2022–(BUSINESS WIRE)–Textron Aviation today announced a significant move to add 180,000 square feet of space to its parts distribution operations to better support customers who own and operate Cessna, Beechcraft and Hawker products. Located at the company’s headquarters in Wichita, Kansas, the expansion supports parts availability for the thousands of aircraft operating about the world which were designed and manufactured by Textron Aviation.

By Business Wire

Read Story

In North Carolina, Pratt & Whitney Plans Plant In Asheville, But Shies Away From Boom Supersonic In Greensboro

No alt text provided for this image

In North Carolina, aircraft engine maker Pratt & Whitney has intense interest in its planned $650 million plant Asheville, which will make a key engine part. The unit of Raytheon Technologies has somewhat less interest in the planned Boom Supersonic plant in Greensboro, where supersonic aircraft production is anticipated, assuming the ongoing search for an engine maker is successful. as Boom says it will be. Both plants have drawn attention to the state’s efforts to lure manufacturing.

By Ted Reed | Forbes

Read Article

Honeywell Forecast Shows Strong Growth For Business Aviation As Purchase Plans Increase Sharply

No alt text provided for this image

ORLANDO, Fla., Oct. 16, 2022 /PRNewswire/ — Honeywell’s (NASDAQ: HON) 31st annual Global Business Aviation Outlook forecasts up to 8,500 new business jet deliveries worth $274 billion from 2023 to 2032, which is up 15% in both deliveries and expenditures from the same 10-year forecast a year ago. This year, surveyed operators reported new jet purchase plans on par with 2019 levels, with fleet addition rates doubling from last year’s reported intentions. Respondents’ feedback in this year’s survey aligns with industry reports of sold-out business jet production lines for the next several years.

Press Release  | Honeywell

Read Release

Mammoth Freighters Signs Agreement with STS Aviation Services to Perform 777 Conversions and Maintenance

No alt text provided for this image

Orlando, Florida – October 16th, 2022 – Mammoth Freighters LLC (“Mammoth”) — Mammoth Freighters LLC (“Mammoth”) is pleased to announce that the company signed a General Terms Agreement with STS Aviation Services (STS) to perform passenger-to-freighter conversions for the Mammoth 777 program. All work will be accomplished at STS’ facility in Manchester, UK, and the multi-year agreement covers both the 777-200LR and 777-300ER aircraft.

By Mammoth Freighters LLC

Read Release

_____________________________

Thank you for reading this week’s On Aviation™ digest. Do you believe that these moves aviation companies are making will be a net benefit for the aviation industry? Please share your thoughts in the comments below, and remember to continue the conversation on our Twitter and Instagram.

Orlando – On Aviation™

_____________________________

Note: The views and opinions expressed in the content shared in this digest are for informational purposes only, are solely those of the original content creators, and do not constitute an endorsement by or necessarily represent the views of On Aviation™ or its affiliates.

Related Articles