Embraer Delivers 80 Jets in 4Q22 and 159 in 2022

Source: Embraer Embraer delivered 80 jets in the fourth quarter of 2022, of which 30 were commercial jets and 50 were executive jets (33 light and 17 mid-size). Over the year, the company delivered 159 aircraft (57 commercial jets and 102 executive jets). Embraer increased the number of aircraft delivered by 12.7% compared with 2021. As of December 31, the firm order backlog reached US$ 17.5 billion. In Commercial Aviation, Embraer confirmed in 4Q22 a US$ 1.17 billion firm order to supply 15 new E195-E2 aircraft to an undisclosed customer. The company has also confirmed another five E195-E2 firm order from Binter for US$ 389.4 million at list price. Another milestone was the certification of the E190-E2 in China, as [...]

2023-02-20T17:31:44+02:00February 20th, 2023|MANUFACTURERS, News|

Airbus reports Full-Year (FY) 2022 results

Source: Airbus 661(1) commercial aircraft delivered in FY 2022 Revenues € 58.8 billion; EBIT Adjusted up 16% to € 5.6 billion EBIT (reported) € 5.3 billion; EPS (reported) € 5.40 Free cash flow before M&A and customer financing € 4.7 billion Dividend proposal: € 1.80 per share 2023 guidance issued Airbus SE reported consolidated Full-Year (FY) 2022 financial results and provided guidance for 2023. "The industry continued its recovery during 2022, with air traffic increasing and airlines turning to their long-term fleet planning. We delivered solid financials despite an adverse operating environment that prevented our supply chain from recovering at the pace we expected. The Company had to adjust its operations accordingly, which led to lower commercial aircraft deliveries than originally [...]

2023-02-17T01:10:45+02:00February 17th, 2023|MANUFACTURERS, News|

Binter signs contract with Embraer to adopt Beacon as its digital maintenance platform

Source: Embraer Binter Canarias and Embraer signed a contract to adopt the Beacon digital platform for its E195-E2 fleet maintenance. The Canary Island airline's decision came after successful testing of the coordination platform that connects resources and professionals for the quickest return of aircraft to service. Beacon is an agnostic platform, that serves aircraft from all manufacturers. This is Beacon's first commercial contract with a European airline, which shows that the digital platform continues to expand its presence in this market, serving a growing number of aircraft and locations. “As the flagship of the Canary Islands, Binter serves travelers who require comfort and timely, uninterrupted service. They face a unique challenge in maintenance coordination with a distributed workforce. Through their [...]

2023-02-17T19:30:58+02:00February 17th, 2023|AIRLINES, MANUFACTURERS, News|

Airbus decarbonisation targets validated by the Science Based Targets Initiative (SBTi)

Source: Airbus Airbus has received approval from the Science Based Targets initiative (SBTi) for its greenhouse gas emissions near-term reduction targets. In 2022, Airbus officially committed to defining science-based targets for the entire set of its emissions and submitted near-term targets that have now been independently assessed and validated by the SBTi. As part of this commitment, Airbus intends to reduce its Scope 1 and Scope 2 industrial emissions by up to 63% by 2030, in line with a 1.5°C pathway. The Company also committed to reducing by 46% the greenhouse gas emissions intensity generated by its commercial aircraft in service (Scope 3 - Use of Sold Product) by 2035. Both targets are based on the 2015 year as a [...]

2023-02-16T19:47:31+02:00February 16th, 2023|MANUFACTURERS, News|

Boeing Doubles Sustainable Aviation Fuel Purchase for Commercial Operations, Buying 5.6 Million Gallons for 2023

Source: Boeing Procurement will support flights for production, Boeing ecoDemonstrator, Dreamlifter and deliveries EPIC Fuels, Signature Aviation and Avfuel to supply SAF blend produced by Neste Boeing has agreements to purchase 5.6 million gallons (21.2 million liters) of blended sustainable aviation fuel (SAF) produced by Neste, the world's leading SAF producer, to support its U.S. commercial operations through 2023. These agreements more than double the company's SAF procurement from last year. "We are demonstrating our commitment to reduce our carbon footprint and catalyze the SAF industry," said Sheila Remes, Boeing vice president of Environmental Sustainability. "This SAF procurement makes up 25% of Boeing's total jet fuel needs for last year including our production, delivery, Boeing ecoDemonstrator, and Dreamlifter flights, and [...]

2023-02-16T19:23:33+02:00February 16th, 2023|MANUFACTURERS, News, SUPPLIERS|

Airbus selects Thomas Toepfer as future Chief Financial Officer

Source: Airbus Airbus SE has appointed Dr. Thomas Toepfer, 50, to succeed Dominik Asam, 53, as Chief Financial Officer (CFO). Thomas Toepfer, currently CFO of Covestro AG – a DAX40 company and one of the world’s leading suppliers of premium polymers – will join Airbus on 1 September 2023. Dominik Asam will leave Airbus on 3 March. Xavier Tardy, Executive Vice-President Finance for Airbus Defence and Space, will ensure continuity during the interim period in addition to his current role. “We are very pleased to have Thomas joining Airbus as CFO at this important time for the Company. Thomas is a highly regarded CFO in the DAX40 and I am looking forward to working with him on the Airbus Executive [...]

2023-02-17T02:42:54+02:00February 16th, 2023|MANUFACTURERS, News|

Air India Selects Up to 290 Boeing Jets to Serve Its Strategy for Sustainable Growth

Source: Boeing Indian carrier selects market-leading Boeing jets, including 737 MAX, 787 Dreamliner and 777X airplanes Airline will purchase 190 737 MAXs, including 737-8s and 737-10s, with options for 50 more jets, serving the carrier's domestic and international network Plans to expand international routes with 20 787-9 Dreamliners and options for 20 more jets, while becoming newest 777X customer with selection of 10 777-9s Comprehensive agreement includes services to support Air India fleet for decades Boeing and Air India today announced the carrier has selected Boeing's family of fuel-efficient airplanes to expand its future fleet with plans to invest in 190 737 MAX, 20 787 Dreamliner and 10 777X airplanes. Along with a comprehensive set of aviation services, Air India [...]

2023-02-14T19:47:37+02:00February 14th, 2023|AIRLINES, MANUFACTURERS, News|

Tata-owned Air India to acquire 250 Airbus aircraft

Source: Airbus A350 aircraft of choice for Air India’s renaissance in long haul travel A320 Family to be the cornerstone of Air India’s domestic and regional fleet The Tata Group-owned Air India has announced its commitment to order 250 Airbus aircraft to boost its domestic and international operations. The commitment includes 140 A320neo and 70 A321neo single-aisle aircraft as well as 34 A350-1000 and six A350-900 wide-body jets that will mark a new era for the country as the all-new, long-range aircraft celebrates its debut in the Indian market. The order aims to both modernise and expand the airline’s fleet with the objective of creating a larger and premium full-service carrier that will cater to the growing travel demand in [...]

2023-02-14T19:57:11+02:00February 14th, 2023|AROUND THE WORLD, MANUFACTURERS, News|

Boeing Donates 500,000 USD to Earthquake Recovery and Relief Efforts in Turkey

Source: Boeing Contribution will be directed through the American Red Cross Company will match dollar-for-dollar monetary donations from Boeing employees The Boeing Company announced a 500,000 USD donation from the Boeing Charitable Trust to assist those impacted by the recent earthquake in Turkey. Boeing's donation will be directed through the American Red Cross and designated for earthquake recovery and relief efforts by the global Red Cross and Red Crescent network. "The devastation from this earthquake is immense and will require a global response. Our 156,000 teammates at Boeing stand with the people in Turkey and the region during this challenging time. We are proud to work with aid agencies to quickly bring help to those in need," said Boeing International President Dr. Brendan Nelson. [...]

2023-02-10T15:43:13+02:00February 13th, 2023|MANUFACTURERS, News|

Pratt & Whitney Canada and ATR Combine Efforts to Achieve 100% Sustainable Aviation Fuel Readiness for PW127-Powered ATR Aircraft

Source: Pratt & Whitney Canada/ATR Pratt & Whitney Canada and ATR, the world's number one regional aircraft manufacturer, announced an agreement to collaborate on an initiative to achieve 100% Sustainable Aviation Fuel (SAF) readiness in PW127 series engines, including the new PW127XT powering next-generation ATR deliveries, by 2025. "Our collaboration with ATR will be underway throughout 2023 and 2024 and builds on our recent 100% SAF test flight with Braathens Regional Airlines, which was an industry first for regional aviation," said Anthony Rossi, vice president, Sales and Marketing, Pratt & Whitney Canada. "Alongside our efforts to continually enhance aircraft engine efficiency, SAF has a critical role to play on the journey to achieve the aviation industry's goal of net-zero CO2 emissions by [...]

2023-02-13T19:48:01+02:00February 13th, 2023|MANUFACTURERS, News, SUPPLIERS|