Source: Boeing Boeing is committing $500,000 to assist with disaster recovery and relief efforts in Hawaii following deadly wildfires that have devastated Maui communities. "The Boeing family sends our deepest condolences to the people of Hawaii in the wake of the tragic wildfires there," said Ziad Ojakli, executive vice president of Government Operations. "Through support to our nonprofit partners on the ground, we will help affected Maui residents meet their most immediate needs and assist with this beautiful community's rebuilding." Funding from the Boeing Charitable Trust will support the following organizations: $250,000 for American Red Cross to maintain shelters for those seeking refuge and provide comfort kits, clean-up kits, nourishing meals, information and other resources. $250,000 for Hawai'i Community Foundation's Maui [...]

Source: Embraer Embraer delivered a total of 47 jets in the second quarter of 2023, of which 17 were commercial aircraft and 30 were executive jets (19 light jets and 11 midsize jets). During the year, the company delivered a total of 62 aircraft (24 commercial and 38 executive). The second quarter deliveries were 47% higher than in the same period from 2022. In the first half of 2023, the volume has increased 35% compared to 2022, when 46 jets have been delivered. Compared to the second quarter of 2022, deliveries volume increased by 55% in Commercial Aviation and 43% in Executive Jets. The firm order backlog ended the period at US$ 17.3 billion. In Commercial Aviation, American Airlines signed [...]

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 [...]