Source: Airbus By 2030, the new fleet will generate 50% fewer CO2 emissions compared to 2023. Airbus will renew the entire fleet of chartered vessels that transport aircraft subassemblies between production facilities in Europe and the United States with three modern, low-emission roll-on/roll-off vessels, supported by wind-assisted propulsion. Airbus has commissioned shipowner Louis Dreyfus Armateurs to build, own and operate these new, highly efficient vessels that will enter into service from 2026. The new fleet is expected to reduce average annual transatlantic CO2 emissions from 68,000 to 33,000 tonnes by 2030. This will contribute to Airbus' commitment to reduce its overall industrial emissions by up to 63% by the end of the decade - compared to 2015 as baseline year [...]

Source: Boeing Third Quarter 2023 Reaffirm guidance: $4.5-$6.5 billion of operating cash flow and $3.0-$5.0 billion of free cash flow (non-GAAP) Still expect to deliver 70-80 787 and now expect to deliver 375-400 737 airplanes Now transitioning 787 to five per month; plan to complete 737 production transition to 38 per month by year-end Revenue of $18.1 billion reflecting 105 commercial deliveries Total company backlog of $469 billion, including over 5,100 commercial airplanes Table 1. Summary Financial Results Third Quarter Nine Months (Dollars in Millions, except per share data) 2023 2022 Change 2023 2022 Change Revenues $18,104 $15,956 13 % $55,776 $46,628 20 % GAAP Loss from operations ($808) ($2,792) NM ($1,056) ($3,174) NM Operating margins (4.5) % (17.5) % NM (1.9) [...]

Source: Airbus Airbus’ leadership team evolves to best address operational challenges as well as strategic and transformational priorities under the lead of CEO Guillaume Faury New Commercial Aircraft management team will ensure dedicated focus for this business under the helm of Christian Scherer, CEO Commercial Aircraft Airbus SE is announcing changes to the leadership team led by Chief Executive Officer Guillaume Faury, as well as the appointment of a designated Commercial Aircraft business management team which will operate under the helm of Christian Scherer. "Looking at our key priorities, we want to put the Company in the right configuration for the future,” said Guillaume Faury, Airbus CEO. “Our leadership team will further focus on the operational challenges of today, while [...]

Source: ATR On the occasion of the European Regions Airline Association General Assembly, Pratt & Whitney Canada and ATR announced the certification of the PW127XT-L engine by Transport Canada. This engine variant offers increased performance to match the requirements of ATR’s future Short Take-Off and Landing version, the ATR 42-600S. This certification is a key milestone in the programme development, and an important step towards increasing regional connectivity and airport accessibility across the globe. The ATR 42-600S will reduce take-off and landing distances, down to just 800 meters in standard flight conditions. It will be able to access 1,000 airports globally with short runways, providing local populations with a greater, quicker, more comfortable and low-emission access to the global economy, [...]