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September 28, 2011

AgustaWestland Secures Orders For Three Helicopters

Company's Medium Twin Helos Going To Norway, UAE

AgustaWestland says it has recieved orders for three helicopters and has completed delivery of a fourth this week. Blueway AS of Norway has signed a contract for one additional AW139 medium twin helicopter, which will be used for offshore transport operations. On practically the other side of the planet, FAS (Falcon Aviation Services) of Abu Dhabi (United Arab Emirates) has signed a contract for a GrandNew light twin and a preliminary sale contract for two AW169 helicopters.

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Aero-TV: AEM Corporation -- New Life/Name For A Proven Company

Building Market Share In The Depths Of The Recession

The company that started as Northern Airborne Technology was bought by Cobham about 15 years ago, and as part of that move, decided to consolidate much of its manufacturing back into the US. But a few divisions, such as AEM, stayed home in Canada. Anodyne Electronics Manufacturing now builds and distributes a very diverse product line that it has been building for 27 years. AEM hopes to be able to expand its product line and grow from 49 to 70 employees during the depths of the recession.

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JETNET Reports Good News In August 2011 Pre-Owned Market Data

Asking Prices On Resale Bizjets Ticked Up 3.5 Percent

One of the reasons often given for slow sales of new business aircraft is the existing inventory of pre-owned aircraft on the market. Recent data from JETNET may indicate that the inventory is shrinking, causing prices in some sectors to firm up just a bit. In its August, 2011 report reflecting resale statistics for the first eight months of the year, the analyst released some long-hoped-for good news, at least in business jet retail sale transactions.

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