Boeing Reports Fourth-Quarter Results

Source: Boeing Fourth Quarter 2022 Generated $3.5 billion of operating cash flow and $3.1 billion of free cash flow (non-GAAP); cash and marketable securities of $17.2 billion Certification efforts continue on 737-7 and 737-10 Delivered 152 commercial airplanes and recorded 376 net orders Full Year 2022 Generated $3.5 billion of operating cash flow and $2.3 billion of free cash flow (non-GAAP) Delivered 480 commercial airplanes and recorded 808 net orders Total company backlog grew to $404 billion; including over 4,500 commercial airplanes Outlook for 2023 Reaffirming guidance: $4.5-$6.5 billion of operating cash flow and $3.0-$5.0 billion free cash flow (non-GAAP) Table 1. Summary Financial Results Fourth Quarter Full Year (Dollars in Millions, except per share data) 2022 2021 Change 2022 2021 Change Revenues $19,980 $14,793 35 % $66,608 $62,286 7 % GAAP Loss From Operations ($353) [...]

2023-01-26T14:37:48+02:00January 26th, 2023|MANUFACTURERS, News|

Boeing Awarded NASA Sustainable Flight Demonstrator Contract

Source: Boeing NASA, Boeing and partners aim to cut fuel use and emissions up to 30% in single-aisle airplanes Advances in sustainable technology are crucial to reaching civil aviation's goal to be net zero carbon emissions by 2050 NASA has selected Boeing and its industry team to lead the development and flight testing of a full-scale Transonic Truss-Braced Wing (TTBW) demonstrator airplane. The technologies demonstrated and tested as part of the Sustainable Flight Demonstrator (SFD) program will inform future designs and could lead to breakthrough aerodynamics and fuel efficiency gains. When combined with expected advancements in propulsion systems, materials and systems architecture, a single-aisle airplane with a TTBW configuration could reduce fuel consumption and emissions up to 30% relative to [...]

2023-01-19T06:42:59+02:00January 19th, 2023|MANUFACTURERS, News, ORGANISATIONS|

Delta Air Lines firms order for 12 additional A220 aircraft 

Source: Airbus Delta Air Lines has firmed up an order for a dozen more A220-300 aircraft, bringing the airline’s total firm order for A220s to 119 aircraft - 45 A220-100s and 74 A220-300s .Throughout the years, Delta has reordered the A220 four times and is today the largest A220 customer and operator. "These 12 additional A220 aircraft will help power our increasingly streamlined fleet while also providing our customers with the elevated in-flight experience they’ve come to expect from Delta,” said Kristen Bojko, Vice President of Fleet, Delta Air Lines. “Delta Air Lines was the U.S. launch customer for the A220 and this fourth reorder in just four years by a leading carrier as Delta is a most gratifying endorsement,” said Christian [...]

2023-01-19T06:24:12+02:00January 19th, 2023|AIRLINES, MANUFACTURERS, News|

ATR Statement/Declaración de ATR

Source/Fuente: ATR ATR has been informed that an accident occurred in Nepal involving an ATR 72-500. Our first thoughts are with all the individuals affected by this. The ATR specialists are fully engaged to support both the investigation and the customer/ATR ha sido informada de que se ha producido un accidente en Nepal con un ATR 72-500. Nuestros primeros pensamientos están con todas las personas afectadas por esto. Los especialistas de ATR están completamente comprometidos para apoyar tanto la investigación como al cliente.

2023-01-16T16:54:06+02:00January 16th, 2023|MANUFACTURERS, News|

Airbus reports 2022 commercial aircraft orders and deliveries

Source: Airbus 661 deliveries, eight percent increase over 2021 1,078 gross commercial orders (820 net), 7,239 aircraft in backlog Airbus SE delivered 661* commercial aircraft to 84 customers in 2022 and registered 1,078 gross new orders. Airbus’ end December 2022 backlog stood at 7,239 aircraft. “In 2022 we served 84 customers with 661 deliveries, an increase of 8 percent compared to 2021. That’s obviously less than we were targeting but given the complexity of the operating environment I want to thank the teams and our partners for the hard work and the ultimate result,” said Guillaume Faury, Airbus Chief Executive Officer. “The significant order intake covering all our aircraft families including freighters, reflects the strength and competitiveness of our product line. [...]

2023-01-11T01:29:32+02:00January 12th, 2023|MANUFACTURERS, News|

Boeing Reports Commercial Orders and Deliveries for 2022

Source: Boeing Boeing reported 774 commercial orders last year after cancellations and conversions, including 561 orders for the 737 family and 213 orders for the company's market-leading twin-aisle airplanes. Boeing delivered 69 commercial jets in December, including 53 737 MAX, bringing total deliveries for 2022 to 480 airplanes. "We worked hard in 2022 to stabilize 737 production, resume 787 deliveries, launch the 777-8 Freighter and, most importantly, meet our customer commitments," said Boeing Commercial Airplanes President and CEO Stan Deal. "As the airline industry expands its recovery, we are seeing strong demand across our product family, particularly the highly efficient 737 MAX and the 787 Dreamliner. We will stay focused on driving stability within our operations and the supply chain as [...]

2023-01-11T01:18:15+02:00January 12th, 2023|MANUFACTURERS, News|

Airbus and VDL Group join forces to produce an airborne laser communication terminal

Source: Airbus Airbus and VDL Group have signed a partnership agreement for the development and manufacturing of a laser communication terminal for aircraft, known as UltraAir. Based on the development led by Airbus and the Netherlands Organisation for Applied Scientific Research (TNO), the two companies will now prepare a demonstration of a prototype and a first flight test in 2024. As of 2024, Airbus and VDL Group – a Dutch high-tech industrial supplier – will further industrialise the prototype in order to make it ready for integration with a hosting aircraft. VDL brings design for production to the partnership and will manufacture critical systems. A flight test of this industrialised prototype is planned in 2025 on an aircraft. UltraAir will [...]

2023-01-11T16:55:08+02:00January 10th, 2023|MANUFACTURERS, News|

ATR appoints Lamberto Martinello as Head of Communications and Corporate Branding

Source: ATR Lamberto Martinello has been appointed Head of Communications and Corporate Branding for ATR, the world number one regional aircraft manufacturer. He took up his position on 1 January 2023 and reports directly to the CEO, Nathalie Tarnaud Laude. Lamberto was previously Head of Social Media and Digital Marketing at the Italian group Leonardo. Since 2005, he has held several senior positions there, covering all aspects of corporate communications. He has developed a strong expertise in the fields of internal and external communication, social media, digital marketing, e-reputation and crisis management. Throughout his career, Lamberto has implemented communication strategies to support the business objectives of the Italian group. His activities have led to significant and measurable improvements in visibility [...]

2023-01-10T17:41:14+02:00January 10th, 2023|MANUFACTURERS, News|

Airbus continues to advance in its decarbonization goals

Source: Airbus On November 30 and December 1, expert guests from across the globe from the aviation, business, science, automotive and energy sectors convened in Toulouse, France, for the 2022 edition of the Airbus Summit. Their mission was clear – explore promising innovations, disruptive technologies and cross-sector initiatives accelerating the pathway towards net-zero aviation. This year’s Summit showcased tangible progress and achievements made by the aerospace sector. On Day One, Airbus led a discussion on the future of space technologies with a special emphasis on future lunar architecture, announced a Memorandum of Understanding (MoU) with Neste to jointly advance the production and uptake of Sustainable Aviation Fuel (SAF), and communicated on a joint venture with ArianeGroup to work together to build the first liquid hydrogen refueling facility for [...]

2023-01-08T07:09:02+02:00January 6th, 2023|MANUFACTURERS, News|

Porter Airlines Took Delivery of Their First Embraer E195-E2

Source: Porter Airlines The first two of 50 Embraer E195-E2 ordered by Porter Airlines have been delivered in a ceremony at Embraer’s headquarters in Brazil. Porter’s new E195-E2 fleet will launch the airline’s new elevated economy experience that aims to challenge the economy offering of every North American airline, with a new level of generosity and thoughtful service not seen in contemporary economy air travel. Before the new year, Embraer will deliver a further three aircraft to Porter.Porter, the North American launch customer for Embraer’s E195-E2, is opening up operations throughout North America, including to the west coast, southern U.S., Mexico and the Caribbean. The aircraft will initially be deployed from Toronto Pearson International Airport, with Halifax, Montreal and Ottawa [...]

2022-12-28T12:49:33+02:00December 29th, 2022|AIRLINES, MANUFACTURERS, News|