Executive AirShare’s aircraft management and services division is expanding its operations at Dallas Love Field, the company said.
Executive AirShare, founded in Wichita and based in Kansas City, is adding a Gulfstream G150, Falcon 50EX and Beechjet 400A to its charter certificate.
Executive AirShare acquired the flight service division in 2008 and changed its name to Executive Flight Services.
As widely expected, Boeing announced today that it will acquire Vought Aircraft Industries‘ South Carolina facility, where Vought builds a key portion of Boeing’s 787 Dreamliner.
Many view the move as Boeing’s admittance it needs more direct control of the 787 production line.
The purchase doesn’t come as any surprise, says analyst Saj Ahmad. Once Boeing took over Vought’s share in Global Aeronautica a few months ago, it was “inevitable that the widely regarded weak link would be consumed.”
Vought’s slow pace of improvement on the 787 program meant that Boeing was going to have to act sooner rather than later, Ahmad said.
The beleaguered 787 program has had six schedule delays and setbacks.
The purchase should increase the efficiency and seamlessness within the 787 supply chain, said Macquarie Securities analyst Robert Stallard in a report.
It also can pave the way for Boeing to set up a second assembly line once Boeing ramps up production.
But there’s no rush, Ahmad said. Other suppliers and partners can’t ramp up production to meet the demands of two lines, so Boeing has some time to decide where to put the second line.
Saab AB, the Swedish maker of the Gripen fighter jet, is prepared to shift as much as 50 percent of the jet’s production to Brazil to help its chances to win a $1.8 billion order, according to a report by Bloomberg.
Final assembly work has already been offered to Embraer, the report said.
Saab needs the Brazilian order to rescue the Gripen as production backlog shrinks. And it will help it in its competition with Boeing.
