This paper is the first in a series of several works devoted to the asympto
tic and spectral analysis of an aircraft wing in a subsonic air flow. This
model has been developed in the Flight Systems Research Center of UCLA and
is presented in the works of Balakrishnan. The model is governed by a syste
m of two coupled integro-differential equations and a two parameter family
of boundary conditions modelling the action of the self-straining actuators
. The unknown functions (the bending and the torsion angle) depend on time
and one spatial variable. The differential parts of the above equations for
m a coupled linear hyperbolic system; the integral parts are of convolution
type. The system of equations of motion is equivalent to a single operator
evolution-convolution type equation in the state space of the system equip
ped with the so-called energy metric. The Laplace transform of the solution
of this equation can be represented in terms of the so-called generalized
resolvent operator. The generalized resolvent operator is an operator-value
d function of the spectral parameter. This generalized resolvent operator i
s a finite meromorphic function defined on the complex plane having the bra
nch cut along the negative real semi-axis. The poles of the generalized res
olvent are precisely the aeroelastic modes, and the residues at these poles
are the projectors on the generalized eigenspaces. In this paper, our main
object of interest is the dynamics generator of the differential parts of
the system. It is a non-selfadjoint operator in the state space with a pure
discrete spectrum. In the present paper, we show that the spectrum consist
s of two branches, and we derive their precise spectral asymptotics. Based
on these results, in the next paper we will derive the asymptotics of the a
eroelastic modes and approximations for the mode shapes.