Aerospace Growth Accelerates in Southeast USA: AIRBUS, BOEING, GULFSTREAM

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Aerospace growth in the Southeast: the new U.S. cluster. learn about the business opportunities for European and U.S. suppliers

AEROSPACE GROWTH ACCELERATES IN
SOUTHEAST USA: Gulfstream, Boeing, Rolls Royce,
AIRBUS and more
BY: ELIOT NORMAN
Since November 2012 we have regularly presented information on aerospace
developments in the Southeast USA to such groups as Aerospace Valley in
Toulouse and the BavAIRia Aerospace Cluster in Munich. See example here.
Attention to the South East began with AIRBUS’s announcement in 2012 that it
would begin assembly of the A320 in Mobile, Alabama. However, the Southeast has
attracted all the major OEMs: Boeing with the 787 in South Carolina; Rolls Royce
with what will become its largest facility in North America in Virginia; and major
expansions of Gulfstream, Dassault, Embraer, Honda Jet and Lockheed Martin. We
believe that opportunities will continue to grow for European first tier and second tier
suppliers of components, engineering and assembly services for both the
commercial and defense aviation and space markets.
Please click here to view our summary of recent
news—business and legal.
ELIOT NORMAN
Attorney
001.804.420.6482 | V-Card
CLICKABLE LINKS
BELOW:
RECENT NEWS
Airbus Joins Forces with CCAM
EOS Joins CCAM
Boeing wins $296
million contract
Georgia: Summary of New
Projects
Georgia’s Aerospace Industry
Becoming Major Player
IC-Disc Program
Bavarian American Aerospace
Symposium
Southeast State & Local Tax
Developments
RELATED PRACTICES
Immigration
Economic Development
State & Local Tax
USEFUL DOCUMENTS
Foreign Aerospace Compliance
Export Control Reform
IC-Disc Program
Immigration Guide

Please note:
This newsletter contains general, condensed summaries of actual legal matters, statutes and opinions for information
purposes. It is not meant to be and should not be construed as legal advice. Readers with particular needs on specific issues
should retain the services of competent counsel. For more information, please visit our website at www.williamsmullen.com or
contact Eliot Norman at 804.420.6482 or enorman@williamsmullen.com.
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International Business Strategy --------------..."62 :(~, - .:~, CAS E 25 I Embraer: Shaking Up the Aircraft Manufacturing Market ';:~:'" Fabiano Lopes. Alexandre Zimath, Andrea Maat, and Cel. Nivaldo Silva W HILE TRAVELING TO an investor conference in Montreal, Canada, on Embraer's Legacy business jet, Mauricio Botelho, CEO of Embraer, reflected on his company's dramatic ascent to its position as the world's leading regional aircraft manufacturer. Since becoming a private company, Embraer had successfully introduced seven commercial aircraft models to the market, including its latest, the 118-seat EMBRAER 195. As the jet began its runway approach just a few miles from the headquar- ters of rival company Bombardier, Botelho pondered the potential competitive response to his company's recent attacks on the commercial aircraft market. The U,S, Airline Industry With the passing of the Airline Deregulation Act of 1978 by the U.S. Congress, government control of routes and fare pricing were eliminated, resulting in growth, increased competition, and the emergence of three new business models: major, regional, and low-cost carriers. MAJOR CARRIERS. The distinguishing feature in the business model of a major carrier (or a "major") was the hub-and-spoke system. This system was based all centra! hubs to which feeder flights were directed. Passengers from the feeder nights transferred to numerous other flights provided at the hub to their final destinations.' The enormous capital required to expand geo- graphically was a substantial barrier to entry for new airlines. As low-cost and regional carriers primarily competed on price and local market convenience, the rationale for the majors' costly model lay largely on the improved customer loyalty generated by the eon- venience and reach of these airlines. To further enhance breadth of service and increase the number of CUStomers while limiting capital out- lays, most majors turned to code-sharing and global alliances with other major and regional airlines. The major global allinnees included Star Alliance, Sky Team, and One World. DARDEN. ~rN~ PUBLISHING 1JNJw.'W"W'/I1lCINIA REGIONAL CARRIERS. Regional airlines (or "regionals") operated short- and medium-haul ~eheduled airline service connecting smaller cornmumues wah larger eities and with the hubs of the major airlines. Although most were independently owned, several of the largest regional carriers were actually subsidiaries of the major airlines, including Atlantie Southwest, Comair (Delta), and AMR Eagle (American Airlines). Many regionals benefited from arrangements with the majors, ineiuding code-sharing arrangements, scheduling assistance to ensure flight connections in majors' hubs, and the branding of a major airline. With low-cost structure and improved service levels, regionals as a whole beeame the most profitable seg- ment in the air carrier business. Regionals continued to replaee turboprops on low-density routes and develop.

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RSA Conference Exhibitor List 2024 - Exhibitors Data

RSA Conference Exhibitor List 2024 - Exhibitors Data

RSA Conference Exhibitor List 2024 - Exhibitors Data

Exhibitors Data

Insurance IoT is a social good! Because: 🔵 Expected losses can be reduced structured programs with both real-time mitigation actions to solve a specific situation, and behavioral change mechanisms to promote safer behaviors (both in personal and commercial lines) 🔵 Rate can be matched to risks better: - Smaller and more accurate pricing clusters allow a large part of profiles to receive a lower rate - Even with the ability to price the individual probability of loss (cluster of one) the insurance foundation isn’t canceled (The risk of each policy will contribute to the expected losses of the portfolio; The premiums paid by many lucky policyholders will be used to pay the claims of the few unlucky policyholders who had an accident in a period of coverage) 🔵 IoT data can be used to increase the effectiveness and efficiency of the claim process, so improving the combined ratio ceteris paribus ⏩ Large part of the policyholders will pay less (and portfolios currently difficult to insure will become more insurable) Insurance IoT (and telematics) is not about providing a discount Insurance IoT (and telematics) is about creating economic value using the data and sharing part of this value with policyholders (and agents & brokers) An integrated holistic adoption of the IoT paradigm is a game changer for your insurance business and a social good: ◾ it allows to improve the availability and affordability of insurance coverages ◾while allowing the sector to write a profitable business Below you can enjoy a selection of best practices in both personal and commercial lines - written with some of the IoT Insurance Observatory members - that have already started to obtain results from their IoT business transformation journeys

Insurers' journeys to build a mastery in the IoT usage

Insurers' journeys to build a mastery in the IoT usage

Insurers' journeys to build a mastery in the IoT usage

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RSA Conference Exhibitor List 2024 - Exhibitors Data

RSA Conference Exhibitor List 2024 - Exhibitors Data

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Insurers' journeys to build a mastery in the IoT usage

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Aerospace Growth Accelerates in Southeast USA: AIRBUS, BOEING, GULFSTREAM

1. AEROSPACE GROWTH ACCELERATES IN SOUTHEAST USA: Gulfstream, Boeing, Rolls Royce, AIRBUS and more BY: ELIOT NORMAN Since November 2012 we have regularly presented information on aerospace developments in the Southeast USA to such groups as Aerospace Valley in Toulouse and the BavAIRia Aerospace Cluster in Munich. See example here. Attention to the South East began with AIRBUS’s announcement in 2012 that it would begin assembly of the A320 in Mobile, Alabama. However, the Southeast has attracted all the major OEMs: Boeing with the 787 in South Carolina; Rolls Royce with what will become its largest facility in North America in Virginia; and major expansions of Gulfstream, Dassault, Embraer, Honda Jet and Lockheed Martin. We believe that opportunities will continue to grow for European first tier and second tier suppliers of components, engineering and assembly services for both the commercial and defense aviation and space markets. Please click here to view our summary of recent news—business and legal. ELIOT NORMAN Attorney 001.804.420.6482 | V-Card CLICKABLE LINKS BELOW: RECENT NEWS Airbus Joins Forces with CCAM EOS Joins CCAM Boeing wins $296 million contract Georgia: Summary of New Projects Georgia’s Aerospace Industry Becoming Major Player IC-Disc Program Bavarian American Aerospace Symposium Southeast State & Local Tax Developments RELATED PRACTICES Immigration Economic Development State & Local Tax USEFUL DOCUMENTS Foreign Aerospace Compliance Export Control Reform IC-Disc Program Immigration Guide

2. Please note: This newsletter contains general, condensed summaries of actual legal matters, statutes and opinions for information purposes. It is not meant to be and should not be construed as legal advice. Readers with particular needs on specific issues should retain the services of competent counsel. For more information, please visit our website at www.williamsmullen.com or contact Eliot Norman at 804.420.6482 or enorman@williamsmullen.com. Update my details | Edit my subscriptions | Forward to a friend | Unsubscribe A Professional Corporation DC | NC | VA www.williamsmullen.com