Source: Airbus 127 commercial aircraft delivered in Q1 2023 Revenues € 11.8 billion; EBIT Adjusted € 0.8 billion EBIT (reported) € 0.4 billion; EPS (reported) € 0.59 Free cash flow before M&A and customer financing € -0.9 billion Guidance unchanged Airbus SE (stock exchange symbol: AIR) reported consolidated financial results for its First Quarter (Q1) ending 31 March 2023. “The first quarter confirmed strong demand for our products, particularly for commercial aircraft. We delivered 127 commercial aircraft, which is reflected in the Q1 financials. The quarter also benefited from a good performance in Helicopters,” said Guillaume Faury, Airbus Chief Executive Officer. “We continue to face an adverse operating environment that includes in particular persistent tensions in the supply chain. Our 2023 [...]

Source: Embraer Ipanema 203 sales grew by 38% in the first quarter Aircraft will be among the highlights of Agrishow – International Agricultural Technology Fair in Brazil Embraer's agricultural aviation division sold 33 Ipanema 203 model aircraft in the first quarter of 2023, maintaining strong commercial activity in this business segment. This volume of transactions is 38% higher than in the same period last year. The Brazilian manufacturer's business unit expects to end the year with a sales volume similar to or better than 2022, when 66 aircraft were sold. With the positive performance at the beginning of the year and the backlog accumulated over the last 12 months, new orders are now included in next year's production planning and [...]

Source: Airbus The holding company owned equally by Airbus, Safran and Tikehau Capital has finalised last Friday 28 April 2023 the acquisition of Aubert & Duval from Eramet. Aubert & Duval is a strategic supplier of critical parts and materials to high-precision customers, notably the aerospace, defence, nuclear and medical industries. The company generates annual revenues in the region of €550 million and employs 3,700 people, mostly in France. Its cutting-edge know-how in specialty steels and superalloys, and its more recently acquired expertise in titanium are crucial to the aerospace, transportation, energy, defence and medical markets. Bruno Durand has been appointed CEO of Aubert & Duval by the holding company’s Board of Directors and will be managing its operations. Safran [...]

Source: Embraer Eve Air Mobility (“Eve”) (NYSE: EVEX, EVEXW) hosted a global summit at its U.S. facility in Melbourne, Florida, to collaborate and discuss the needed infrastructure to support Urban Air Mobility (UAM). The two-day event brought together more than 20 operators, suppliers, infrastructure companies and public officials from 16 different organizations with the goal of identifying next steps to support the future of electric vertical takeoff and landing (eVTOL) vehicle operations. During the event, the company held information sessions and workshops on a variety of topics including passenger experience, energy, network planning, services, sound and digital infrastructure. Attendees also participated in several hands-on exercises including developing a prototype vertiport to include a passenger terminal, vehicle service and charging locations. [...]

Source: Boeing Accelerating technology development for sustainability with multiple airplanes Boeing will use first Boeing ecoDemonstrator Explorer, a 787-10 Dreamliner, to partner with four countries on operational efficiency testing Flagship ecoDemonstrator will test 19 new technologies in 2023 Boeing [NYSE: BA] is expanding its ecoDemonstrator flight-test program to further accelerate innovation for sustainability and safety. The company today announced its 2023 plan to assess 19 technologies on the Boeing 777 ecoDemonstrator, while also adding "Explorer" airplanes that will focus tests on specific technologies. The first ecoDemonstrator Explorer, a 787-10 Dreamliner, will conduct flight tests in June from Seattle to Tokyo, Singapore and Bangkok to demonstrate how coordinating navigation across global airspace jurisdictions can improve operational efficiency, which can reduce an [...]

Source: Boeing First Quarter 2023 Still expect to deliver 400-450 737 airplanes in 2023; plan to increase production to 38 per month later this year Revenue increased to $17.9 billion primarily reflecting 130 commercial deliveries Operating cash flow of ($0.3) billion and free cash flow of ($0.8) billion (non-GAAP); cash and marketable securities of $14.8 billion Total company backlog of $411 billion, including over 4,500 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 First Quarter (Dollars in Millions, except per share data) 2023 2022 Change Revenues $17,921 $13,991 28 % GAAP Loss From Operations ($149) ($1,162) NM Operating Margin (0.8) % (8.3) % NM Net Loss ($425) ($1,242) NM Loss Per Share ($0.69) ($2.06) NM Operating Cash Flow [...]

Source: Embraer Presenting a broad portfolio with innovative solutions to meet to the most diverse challenges in the defense and security global market, Embraer will participate in the Feria Aeroespacial México (FAMEX) that takes place from April 26 to 29, in Mexico. During the event, the company will reinforce the recent achievement of Full Operational Capability (FOC) of the C-390 Millennium multi-mission jet. In addition to the C-390 Millennium, Embraer will promote the A-29 Super Tucano light attack and training aircraft and its wide solutions and products, present in more than 60 countries, for the air, land, sea, space, and cybernetic segments. On static display at the event will be the E195-E2 commercial jet with the TechLion painting.

Source: Embraer The memorandum was signed in the presence of authorities from Brazil and Portugal The main goal is the development of the Technological and Industrial Base of Defense of Portugal Embraer announced, during the visit to Portugal by the President of the Republic of Brazil, Luiz Inácio Lula da Silva, the signing of a Memorandum of Understanding (MoU) with the country's aerospace companies at an event attended by Portugal´s Prime Minister, António Costa. The MoU was signed with the companies: Centro de Engenharia e Desenvolvimento de Produto (CEiiA), Empordef Tecnologias de Informação, S.A. (ETI), GMVIS Skysoft, S.A. (GMV) and OGMA S.A. “I’m very pleased to celebrate a new phase in the relationship between Embraer and the Portuguese State, through [...]

Source: Boeing Company to serve as Presenting Partner of Invictus Games Düsseldorf 2023 Sponsorship builds on multi-year agreement and Boeing's support of global defense forces, veterans and their families Boeing is expanding its support of the Invictus Games and the wounded servicemen and women from around the world who compete and inspire. For the first time, the company will serve as the Presenting Partner of Invictus Games Düsseldorf 2023.   "The Invictus Games makes a decisive contribution to the rehabilitation of wounded, injured and sick service personnel and veterans," said Brigadier General Alfred Marstaller, project director of the Invictus Games Düsseldorf 2023. "We are delighted to be working with Boeing this year to provide lasting support to the competitors on their [...]