Honeywell provided a briefing at 5:00 ET.Follow it here for liveblogged coverage. Honeywell presented its 2008-2018 market forecast and Embraer provided an update on the design of the Embraer 450/500 aircraft. Transcript after the jump.
Press conference over.
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45% of bizav backlog dissapeared after 9/11.
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Is 17000 bizjet deliveries optimistic with a potential global financial crisis?
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Biz jet deliveries to bottom out 2010-2011 before new products come to market. Eg G650, Legacy 450/500.
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Forecast: 17000 delivered between 2008-2018.
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Since 2000, number of biz jets outside north America has doubled.
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Honeywell and Dassaut adding synthetic vision to PFD see the pic: http://twitpic.com/elrb
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Will give aural warnings about keeping the aircraft in safe flight.
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Honeywell announces stabilized approach monitor for EGWPS to reduce the risk of runway excursions.
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Both aircraft in joint definition phase. 1st flight for L500: 3Q11.
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L500: 3000 nm with 4 pax, 2800 nm with 8 pax.
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High commonality between both aircraft.
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L450: 2300 nm with 4 pax, 2200 nm with 8 pax.
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6000 foot cabin pressurization for both at FL450.
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Legacy 500: 20.52 m long, 20.25 m wingspan.
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Legacy 450: 19.15 m long, 20.25 m wingspan.
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"No constraints from previous concepts."
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Both aircraft are clean sheet designs.
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Now a Embraer Legacy 450/500 update!
Honeywell in 2008: "It's been a good year."
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