Source: Airbus North America’s commercial aircraft services market will grow to US$45 billion from US$31 billion today (a 45% increase) by 2042 according to Airbus’ latest Global Services Forecast (GSF). North America was the first and one of the strongest regions to bounce back in the post pandemic period. Last year proved that more people want to fly domestically and internationally, and that passenger traffic growth will continue at a steady compound annual growth rate (CAGR) of 2.1% in the region according to Airbus’ latest Global Market Forecast. Driven by the rise in annual air traffic, fleet growth and the requirement for more digitally-enabled and connected aircraft, the growth in demand for services will be reflected in solutions implemented across [...]

Source: Embraer The first E190F, a converted jet from passenger transport to freighter (E-Freighter), has successfully completed its first flight in São José dos Campos, Brazil. The Embraer team flew the E-Freighter jet for around two hours, carrying out a complete evaluation of the aircraft, which will continue testing before entering operation. The aircraft belongs to Regional One, a leasing company from the United States. “The E-Freighter program opens a new business opportunity for Embraer, meeting e-commerce’s growing global demand for cargo transport and matching the high-tech E-Jets family to an unbeatable operational performance,” says Francisco Gomes Neto, President and CEO of Embraer. “We are very pleased with E190F’s and E195F’s fast progress during the testing period. These jets will be important [...]

Source: ATR ATR has been entrusted by France’s CORAC with leading the consortium driving the PARIDES* research project. This unprecedented study involves over 10 partners exploring new technologies aiming at developing the next generation low-emission regional aircraft. As part of its ‘France 2030’ investment plan, the French government set itself the ambitious goal of developing in France a low-emission aircraft for the next decade. A significant portion of this investment is feeding the technological roadmap of the National Council for Civil Aviation Research – CORAC. Bringing together leading manufacturers, research institutes and laboratories, CORAC supports research projects focusing for instance on the development of new ultra-efficient engines, electric hybridisation, and the 100% Sustainable Aviation Fuel capability. Subsidised by France’s Civil [...]

Source: Airbus Airbus Defence and Space has entered into an agreement to acquire INFODAS, a Cologne-based, German company that provides cybersecurity and IT solutions in the public sector including for defence and critical infrastructures. The transaction is subject to the customary regulatory approvals and is expected to be finalised before the end of 2024. This acquisition supports Airbus’ strategic ambition to strengthen its cybersecurity portfolio for the benefit of its European and global customers. With exponential cyber threats, along with the increasing digitalisation and connectivity of its products and systems, cybersecurity is a pivotal component of Airbus’ development. Over the last years, the group has continuously developed its cybersecurity capabilities and expertise, ensuring the best possible protection for its products, [...]

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 [...]