Source: Boeing Boeing has announced Jeff Shockey as the company's new executive vice president of Government Operations, Global Public Policy & Corporate Strategy, effective Feb. 24. Shockey will lead Boeing's global public policy efforts, including U.S. federal, state and local government operations and sustainability, as well as the company's global philanthropic organization Boeing Global Engagement. Additionally, Shockey will ensure a cohesive corporate strategy to communicate Boeing's business interests and drive engagement with public and private stakeholders. He will report to Boeing President and CEO Kelly Ortberg and serve on the company's Executive Council. "Jeff's tremendous record of accomplishment across more than 30 years in government, government relations and business development will be an asset as we work to restore trust [...]

Source: Embraer Embraer, a global leader in the aerospace industry, announced its plans to invest approximately US$ 3.5 billion by 2030 during the ceremony for "Mission 6 of the New Industry Brazil (Nova Indústria Brasil/NIB) - Technologies of interest for national sovereignty and defense," held in Brasília. The event was attended by Brazil’s President, Luiz Inácio Lula da Silva, Vice President Geraldo Alckmin, and other authorities. The investment forecast aligns with the company’s recent practices and Embraer’s growth plan for the next five years, which includes increased aircraft production, business expansion in international markets, and the development of sustainable technologies, with the goal of a low-carbon economy in the aerospace industry. One highlight is the eVTOL (electric vertical takeoff and [...]

Source: Airbus Airbus Helicopters logged 455 gross orders (net: 450) in 2024, highlighting a steady market growth with a strong performance this year for its light, light twin-engined, and heavy helicopters. The orders came from 182 customers in 42 countries. The Company delivered 361 helicopters in 2024, resulting in apreliminary 57% share of the civil and parapublic market. “Airbus Helicopters’ order intake in 2024, with an increase bordering 10 percent in units for the second year in a row, highlights its stable growth in a complex global environment,” said Bruno Even, CEO of Airbus Helicopters. “I would like to thank our customers for continuing to place their trust in Airbus Helicopters in 2024,” he added. The Super Puma programme performed [...]

Source: Boeing Fourth Quarter 2024 Finalized the International Association of Machinists and Aerospace Workers (IAM) agreement and resumed production across the 737, 767 and 777/777X programs Financials reflect previously announced impacts of the IAM work stoppage and agreement, charges for certain defense programs, and costs associated with workforce reductions announced last year Revenue of $15.2 billion, GAAP loss per share of ($5.46) and core (non-GAAP)* loss per share of ($5.90) Operating cash flow of ($3.5) billion; cash and marketable securities of $26.3 billion Full Year 2024 Delivered 348 commercial airplanes and recorded 279 net orders Total company backlog grew to $521 billion, including over 5,500 commercial airplanes Table 1. Summary Financial Results Fourth Quarter Full Year (Dollars in Millions, except [...]