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Commercial

 Brisbane Company to Build 747 Parts

Brisbane Based Company Ferra Engineering Has Been Awarded a Five Year Build-to-order Contract From Boeing to Build 50 Machined Components for 747-400s.
Ferra Was Identified Through Boeing’s Office of Australian Industry Capability (Oaic), Which Was Established in 2008 in Conjunction With the Defence Materiel Organisation to Assist Australian Small and Medium Enterprises (Smes) to Get Greater Access to Opportunities in Boeing’s Global Supply Chain.
“here is Yet Another New Australian Supplier Joining Our Worldwide Supply Chain,” Said Ian Thomas, President of Boeing Australia and South Pacific. “australia is Our Largest Presence Outside the United States, and This Contract is Further Proof of Our Commitment to Local Industry, Particularly Smes.”
With the Ferra Contract, the Oaic Has Now Coordinated Contracts Between Australian Companies and Boeing Worth Nearly $35 Million.

Embraer Sees Profit in First Quarter Embraer Recorded a Net Income (Profit) of Us$35.5m (a$38.3m) for the Quarter Ending March 31, Reversing a Us$23.4m (a$26.2m) Loss During the Same Time Last Year.
The Improvement in Net Income Came as Net Sales for the Brazilian Company Declined by 14 Per Cent to Us$990m (a$1068m) as the Weaker Commercial Airliner Market Weighed Down the Company. However, Stronger Sales in the Defence and Services Sector, as Well as Increased Deliveries of Its Executive Jets, Helped to Offset Some of This Decline to Leave It With a Net Positive Position.
During the Quarter, Embraer Delivered 21 Commercial Aircraft, Comprising 12 E-190s, Five E-170s, Two E-195s and One Each of the Erj-145 and E-175. The Company Also Delivered 19 Executive Jets, Comprising 16 Phenom 100s, Two Legacy 600s and One Phenom 300.