Tue, Dec 29, 2009
Better Fuel Economy, More Available Fuel, Better For The
Environment, Continental Says
Teledyne Continental says it plans to increase its presence in
the diesel engine market in the coming years, as technology
improves and 100LL fuel becomes more scarce.
Teledyne Continental President Rhett Ross told the Mobile,
Alabama Press-Register that "diesel is a commitment for our
company." He said that Continental has bought "technology,
licenses, and hardware" from a third party source, and plans to
announce details of the company's diesel strategy next month.
100LL fuel is becoming increasingly scarce, particularly in
markets outside the U.S. Ross told the paper that by developing
diesel engines that take advantage of a more available fuel could
double the company's sales particularly in emerging markets, and
give it entree into the UAV market as well. On a conference call
earlier this year, Teledyne Technologies Chairman and Chief
Executive Robert Mehrabian told investors "I think the opportunity
for us is going to be if we can move into the diesel engine
market."
Continental FADEC Engine
Centurian Aircraft Engines, formerly Thielert, has been building
diesel engines for several years, but has been plagued with
financial issues and fraud charges on the part of its original
owner. Continental's Ross said he thinks the market is ready for
Teledyne to jump in, based on a long history of aircraft engine
manufacturing. He also said he hopes for broader acceptance of the
company's FADEC system for its avgas engines in the coming
decade.
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