Daily Archives: Nov. 15, 2010

GAMA appoints 2011 leadership

The General Aviation Manufacturers Association‘s board of directors has selected John Rosanvallon, president and CEO of Dassault Falcon and Dassault Aviation executive vice president of civil aircraft,  as its chairman for 2011.

Aircraft Technical Publishers CEO Caroline Daniels has been selected vice chairman of the General Aviation Manufacturers Association.

Joe Brown, president of Hartzell Propeller, will selected to lead GAMA’s Product Liability and Legal Issues Committee,  and Mark Van Tine, president and CEO of Jeppesen will lead GAMA’s Security Issues Committee.

Salina-based CAV Aerospace, a provider of ice protection systems, has also been voted in as GAMA’s newest member.

Seattle Machinists to protest Mexico conference

Boeing Machinists in the Seattle area wants organizers of a Mexico Aerospace Industry Conference, sponsored by MexicoNow magazine, to cancel the event.

If they don’t cancel, the union plans to protest outside the conference hotel and the facilities of the Seattle-area companies taking part in it, including Boeing, the union said.

The conference is similar to two conferences that had been planned in Wichita this year by MexicoNow magazine. They were canceled because they did not gain enough interest, organizers said at the time. Union officials allege they were canceled because of threats of protesting.

Representatives from Boeing, GE Commercial Finance and commercial real estate firm Cushman & Wakefield are scheduled speakers at the conference.

The union plans to picket the three businesses if the event goes on as planned, it said.

Spirit AeroSystems to offer $300 million in senior unsecured notes

Spirit AeroSystems will offer up to $300 million in senior unsecured notes due in 2020 in a private placement.

The company intends to use the net proceeds to repay borrowings under its existing senior secured revolving credit facility and to pay fees and expenses connected to the offering.

Gulfstream to expand Savannah site, add 1,000 jobs

Gulfstream Aerospace plans to expand its Savannah, Ga., facilities in a $500 million project spanning seven years, the company said.

The growth is expected to mean 1,000 additional jobs, including production specialists, engineers and support technicians. Gulfstream currently employs 5,500.

“With our sales trends and market forecasts suggesting an upturn over the next decade, we want to ensure Gulfstream is well-positioned to meet the demand in terms of products and services,” Gulfstream president Joe Lombardo said in a statement.

Gulfstream is beginning to see signs of a modest recovery.

“In the third quarter, we booked more orders than we had in any quarter since the downturn began in mid-2008,” Lombardo said.

Gulfstream plans to build facilities at the northwest quadrant of the Savannah/Hilton Head International Airport, renovate existing facilities on the main campus off Gulfstream Road and expand office and lab facilities at the Gulfstream Research Development Center.