Source: Boeing Isabel Jiang, 12th grader from Hillsborough, California, recognized in research competition Research will be the 11th Genes in Space student experiment performed by astronauts aboard the International Space Station Since 2015, biology experiments have addressed real-world challenges in space exploration with applicability on Earth Isabel Jiang, 17, is this year's winner of Genes in Space, a biology-based research competition co-sponsored by Boeing. The announcement was made at the International Space Station Research and Development Conference in Seattle. Jiang's experiment will be performed by astronauts aboard the ISS U.S. National Laboratory next year. The Genes in Space contest invites students in grades 7 through 12 to design biology experiments that address real-world challenges in space exploration. The national competition [...]

Source: Airbus Check out our order and delivery summary at a glance in the table below (numbers valid at the end of July 2023). July 2023 deliveries: 65 to 36 customers. July 2023 gross orders: 60. 2023 deliveries to date: 381 to 76 customers. Single-Aisle A300/A310 A330 A340 A350 A380 TOTAL Total Orders 18543 816 1781 377 1034 251 22802 Total Deliveries 11273 816 1576 377 550 251 14843 Aircraft in Operation 10577 267 1461 203 550 232 13290  

Source: Embraer Embraer announced that Johann Bordais will transition from President and CEO of Embraer Services & Support to assume the role as CEO of Eve Air Mobility, effective on September 1, 2023. The new Services & Support leadership will be announced in the coming weeks. “I am very grateful for Johann and his exceptional leadership, relentless focus on the customer experience and excellent results achieved in his 23 years dedicated to the Services & Support area,” said Francisco Gomes Neto, President and CEO of Embraer. “I am sure he will add significant value to Eve's team during this new phase of the company and will consolidate Eve as a leading player in the new UAM industry.” Having been with [...]

Source: Boeing Second Quarter 2023 Transitioning 737 production to 38 per month; increased 787 production to four per month Revenue increased to $19.8 billion primarily reflecting 136 commercial deliveries Operating cash flow of $2.9 billion and free cash flow of $2.6 billion (non-GAAP); cash and marketable securities of $13.8 billion Total company backlog of $440 billion, including over 4,800 commercial airplanes Reaffirm guidance: $4.5-$6.5 billion of operating cash flow and $3.0-$5.0 billion of free cash flow (non-GAAP) Table 1. Summary Financial Results Second Quarter First Half (Dollars in Millions, except per share data) 2023 2022 Change 2023 2022 Change Revenues $19,751 $16,681 18 % $37,672 $30,672 23 % GAAP (Loss)/earnings from operations ($99) $780 NM ($248) ($382) NM Operating margins (0.5) % [...]

Source: Airbus 316 commercial aircraft delivered in H1 2023 Revenues € 27.7 billion; EBIT Adjusted € 2.6 billion EBIT (reported) € 1.9 billion; EPS (reported) € 1.94 Free cash flow before M&A and customer financing € 1.6 billion Guidance maintained Airbus SE reported consolidated financial results for the Half-Year (H1) ended 30 June 2023. “During the first half of 2023 we progressed well across our businesses in an operational environment that remains complex. Our commercial aircraft are in strong demand, as demonstrated by more than 800 orders announced at the Paris Air Show. This demand is driven both by growth and fleet replacement as airlines invest in more fuel efficient fleets,” said Guillaume Faury, Airbus Chief Executive Officer. “Based on [...]

Source: Embraer Embraer opened the registration for the 32nd class of its Master of Science in aeronautical engineering program, a professional specialization for career acceleration of engineers who desire to deepen their knowledge in the aerospace sector in Brazil. There are 45 scholarships available for candidates from all over the country who can apply until September 3 through the link: https://embraer.com/pee. The academic specialization, carried out in partnership with the Technological Institute of Aeronautics (ITA), has a duration of 18 months and provides scholarship payments in the amount of R$ 5.000,00 per month with a 20% readjustment in the second year, among other benefits. Classes are set to begin in February 2024. More than 1,670 professionals from 105 universities in 20 states of Brazil [...]

Source: Boeing The 2023 Pilot and Technician Outlook forecasts China, Eurasia and North America representing more than half of demand for aviation staffing through 2042 With the global commercial airplane fleet expected to double by 2042, Boeing [NYSE: BA] forecasts industry-wide demand for 2.3 million new aviation personnel over the next 20 years to support the commercial fleet and meet long-term growth in air travel. The company's 2023 Pilot and Technician Outlook (PTO) projects that commercial carriers will need significant personnel through 2042 to support the global commercial fleet: 649,000 pilots 690,000 maintenance technicians 938,000 cabin crew members. "With domestic air travel fully recovered and international traffic near pre-pandemic levels, demand for aviation personnel continues to increase," said Chris Broom, [...]