Source: Embraer Embraer and Scoot, the low-cost subsidiary of Singapore Airlines, have signed a contract for the Embraer Collaborative Inventory Planning (ECIP), a tailored expendable spare parts inventory management program designed to assist customers reduce operational costs by optimizing inventory levels. The ECIP agreement, coupled with the Pool Program that Scoot has earlier signed for, will provide comprehensive support for Scoot’s incoming fleet of nine E190-E2 jets. The airline will be the first ECIP customer in the Asia-Pacific region. Mr Ng Chee Keong, Chief Operating Officer, Scoot, said, “Our continued partnership with Embraer is testament of our commitment to deliver optimal performance with the new E190-E2 fleet. As we anticipate the arrival of our first Embraer jet in the near [...]

Source: Airbus 735 commercial aircraft delivered Revenues € 65.4 billion; EBIT Adjusted € 5.8 billion EBIT (reported) € 4.6 billion; EPS (reported) € 4.80 Free cash flow before M&A and customer financing € 4.4 billion; Net cash € 10.7 billion 2023 guidance achieved Dividend proposals: dividend of € 1.80 per share; special dividend of € 1.00 per share 2024 guidance issued Airbus SE (stock exchange symbol: AIR) reported consolidated Full-Year (FY) 2023 financial results and provided guidance for 2024. “In 2023 we recorded strong order intake across all our businesses and we delivered on our commitments. This was a significant achievement given the complexity of the operating environment,” said Guillaume Faury, Airbus Chief Executive Officer. “We will continue to invest [...]

Source: ATR Leading regional aircraft manufacturer further strengthens commitment to lower environmental footprint ATR, the world’s leading regional aircraft manufacturer, received a B-score from CDP Climate Change – formerly ‘Carbon Disclosure Project’ – after disclosing its environmental impact for the first time, hereby joining global efforts towards environmental transparency. Annual CDP scores are considered the global benchmark underlining the maturity and robustness of companies’ actions to lower and mitigate the impact of their activities on the environment and climate change. ATR’s data joins the most comprehensive inventory of self-reported environmental data in the world, helping drive action against climate change through greater transparency. CDP’s scores ranging from A to F are attributed on the basis of the exhaustiveness of the [...]

Source: Boeing Boeing to serve as Global Presenting Partner of Invictus Games Vancouver Whistler 2025 alongside Canadian company ATCO Providing funding directly to Invictus Games Foundation's sport recovery programs for international wounded, injured and sick service personnel and veterans around the world Boeing announced a multi-year commitment to the Invictus Games Vancouver Whistler 2025 and the Invictus Games Foundation to support wounded, injured and sick servicemen and women around the world. In addition to sponsoring the first Invictus winter hybrid games, Boeing will invest in the Invictus Games Foundation, the charity that governs the delivery of the Invictus Games, to support its extensive mental health and physical recovery resources and programs. "Current and former servicemen and women play a vital [...]

Source: Airbus The French Armament General Directorate (DGA) ordered 42 new H145 helicopters at the end of 2023, on behalf of the Ministry of Interior, with deliveries set to start in 2024. Of these 42 helicopters, 36 are destined for the French rescue and emergency response agency, Sécurité Civile, while the French law enforcement agency, Gendarmerie Nationale, will use six. The contract includes an option for a further 22 H145s for the Gendarmerie Nationale and a range of support and service solutions from training to spare parts, as well as a complete initial support package for the aircraft. “We have a long standing relationship with the Gendarmerie Nationale and the Sécurité Civile and I am very proud that we will [...]

Source: ATR World’s number one regional aircraft manufacturer ATR today announced it has received the approval of its near-term emissions reduction targets by the Science Based Targets initiative (SBTi). This independent assessment is a key achievement for ATR, who went through a robust evaluation of its entire set of emissions in order to define science-based reduction targets. ATR is committed to achieving by 2030 a 50.4% reduction of absolute greenhouse gas (GHG) emissions related to operational processes and energy consumption (Scope 1 and Scope 2), in line with the 1.5°C trajectory outlined in the Paris Agreements. Within the same timeframe, the manufacturer is committed to reducing by 30% the absolute GHG emissions generated by its in-service aircraft fleet (Scope 3 [...]

Source: Airbus Airbus delivered 735 commercial aircraft in 2023, an 11% increase on 2022.  2,319 gross orders (2,094 net), including 1,835 A320 Family and 300 A350 Family aircraft. Demonstrates strong recovery and acceleration for modernising aircraft fleets with latest generation fuel efficient aircraft. The 2023 year end backlog stands at 8,598 aircraft. Airbus delivered 735 commercial aircraft to 87 customers around the world in 2023, demonstrating strong performance despite a complex operating environment. The Commercial Aircraft business registered 2,319 gross new orders (2,094 net). As a result, its 2023 year end backlog stood at 8,598 aircraft. “2023 was a landmark year for Airbus’ Commercial Aircraft business with exceptional sales and deliveries on the upper end of our target,” said Guillaume [...]