Log in to use our free company, program and sector update tracker feature.
 

Front page

Aerion encouraged by ongoing OEM discussions

Aerion continues in serious and detailed discussions with potential OEM manufacturing partners.

The company expects discussions to lead to a joint Aerion-OEM design study—a proofof- concept phase—after which partners would jointly decide whether to move forward with full-scale development and production. The POC phase is expected to last nine to 12 months.

"We are confident we will reach an agreement with an OEM," said Aerion Vice Chairman Brian Barents. "The challenges are many, but there is a desire on the part of all parties to make this happen."

"This would represent the first joint civil supersonic development program in 47 years, and the last was a result of a treaty between two nations, so I think it is fair to say a new agreement would be historic—and one driven entirely by market dynamics," he added.

"We know there is a lot of speculation about when such an agreement will be signed," Barents said, "and we have tried to manage expectations. These are complex discussions involving many technical and business issues. What we can say is that they are moving in the right direction."

Aerion has stated previously that a successful proof-of-concept phase would be followed by a five-year development program culminating in certification and entry into service. In all likelihood, that would put the certification date for the Aerion aircraft in 2015. Barents noted two positive economic signs for the program: the Aerion order book has held steady at approximately $4 billion (with a unit cost of $80 million); and OEMs have remained committed to pressing ahead with discussions at a time of economic uncertainty.

"Both customers and OEMs are looking beyond the current economic turmoil," said Barents. "OEMs understand that they need to think five to ten years ahead and have new products in the pipeline. And a supersonic jet is the most exciting product you can think of."

Press release issued by Aerion Corporation on May 15, 2009

 

 Contact details from our directory:
Aerion Corporation Airframer

 

 Related aircraft programs:
Aerion SBJ

Enhanced listings:


Redcliffe Precision Ltd
Aerospace Multi Axis CNC Precision Manufacturers & Thread Rolling Specialists.

United Performance Metals
A global distributor and processor of titanium products for over 40 years, and a leading supplier to the aerospace industry.

USA Borescopes
USA Borescopes is a global supplier of world class visual inspection equipment. We are the one stop source for aviation professionals.

MW Industries, Inc
Design and manufacture springs, fasteners and related products for aerospace including: engine components, flight controls, propulsion, landing gear, interiors and avionics.

Fine Tubes
Manufacturer of precision tubes in high strength titanium, stainless steel and nickel alloys, seamless, welded or welded & redrawn

See our advertising tariff.

 

12
data pages remaining in monthly quota for non-subscribers

© Copyright of Airframer Limited, operated under licence by Stansted News Limited 2017. Terms & Conditions of reading.