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Thursday, April 17, 2008

Global Recession Threatens New Aircraft Development

Sharon Valencik

Washington, DC (PRWEB) April 17, 2008 -- New aircraft that embody a host of innovations have been rolling off the assembly line, transforming the way people travel and transport goods. However, as the global recession worsens and credit tightens, many experts worry that new aircraft development will suffer.

Aviation is in the midst of enormous prosperity; much of this growth is due to historic technological advancements in fixed-wing aircraft design and manufacturing. However, the global recession and stratospheric oil prices loom as a threat. In the last few weeks, four airlines have filed for bankruptcy, with perhaps more to follow. What does it all mean for new aircraft? These questions will be answered by a forthcoming webinar, New Aircraft, New Opportunities: What the OEMs Have in Store for You, sponsored by the web site Aviation Today and scheduled for May 15, 1:00 p.m. - 2:00 p.m. (ET). Register or learn more here http://www.aviationtoday.com/webinars/2008_0515.html.

A confluence of market demands is generating exciting opportunities for new fixed-wing aircraft around the globe, such as Very Light Jets (VLJs), a new breed of transport that promises to revolutionize travel.

Also in the vanguard of aviation manufacturing technology are composite aircraft. The use of these miracle materials is sweeping all sectors of aviation, but the industry is still struggling with how composites will change conventional ways of flying and doing business.

This webinar will be of great interest for anyone in the aviation industry who's involved in airframe manufacturing, Maintenance Repair and Overhaul (MRO), airline operations - you name it. Aviation executives, engineers, mechanics, pilots, consultants, regulators, and other decision-makers of all types will want access to the up-to-date information and incisive analysis that this webinar will convey.

Speakers will include Hans J. Weber, president, TECOP International, and Paul Leighton, founder and managing director, the Aircraft Value Analysis Company. The moderator will be John Persinos, publisher and editorial director of Aviation Today. To register or learn more, click here http://www.aviationtoday.com/webinars/2008_0515.html.

Contact: John Persinos
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