Source: Boom Supersonic Boom Supersonic, the company building the world’s fastest airliner, announced multiple milestones across the Overture airliner, Symphony engine, and XB-1 supersonic demonstrator programs. The company also confirmed closing of an investment round, including a strategic investment from the NEOM Investment Fund (NIF). Boom’s total funding to date now exceeds $700 million. “Our goal is to bring the world closer together through faster flights,” said Blake Scholl, founder and CEO of Boom Supersonic. “We’re excited to collaborate with partners and investors around the globe as we work to realize our shared vision.” Announced on October 24, the NEOM Investment Fund is the strategic investment arm of NEOM, the sustainable regional development in northwest Saudi Arabia. As part of the agreement, [...]

Source: Airbus 488 commercial aircraft delivered in 9m 2023 Revenues € 42.6 billion; EBIT Adjusted € 3.6 billion EBIT (reported) € 2.7 billion; EPS (reported) € 2.96 Free cash flow before M&A and customer financing € 1.0 billion Charges on certain satellite development programmes Guidance maintained Airbus SE (stock exchange symbol: AIR) reported consolidated financial results for the nine months ended 30 September 2023. “We continue to make progress on our operational plan in a global environment that has become increasingly complex. The nine-month earnings reflect higher commercial aircraft deliveries, the good performance in helicopters as well as charges linked to the reassessment of certain satellite development programmes,” said Guillaume Faury, Airbus Chief Executive Officer. “Demand for our commercial aircraft [...]

Source: Embraer HIGHLIGHTS ·      Embraer delivered 43 jets in the third quarter, of which 15 commercial aircraft and 28 executive jets (19 light and 9 mid-size). The total number of deliveries represent an increase of 30% compared to 3Q22 and an increase of 33% Year to Date (YTD) from 105 versus 79 aircraft. ·      Revenues reached US$ 1,284 million in the quarter (38% higher than 3Q22 and equal to 2Q23). YTD revenues represent an increase of 29% compared to the same period last year. All Business Units had higher revenues and volumes Year over Year (YoY) and YTD, with the main highlight being Commercial Aviation representing a strong growth of 68% YoY and 52% YTD. ·      Adjusted EBIT of 7.8% compared to 5.4% in 3Q22 due to higher volumes in all business units. ·      Firm order backlog ended 3Q23 at US$ [...]

Source: Airbus Airbus' commercial aircraft orders and deliveries for the month of October 2023 have been published on airbus.com and are accessible on the link below. October 2023 deliveries: 71 deliveries to 42 customers October 2023 gross orders: 119 2023 deliveries to date: 559 to 81 customers in the year.

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) [...]