Source: Boeing New deals include BBJ 737 MAX, BBJ 787 Dreamliner and BBJ 777X<br></br>- Boeing's family of efficient business jets offers globe-spanning range and best-in-class economics Boeing announced today orders for up to four premium, ultra-long-range Boeing Business Jets (BBJ). The orders to undisclosed VIP customers include two BBJ 787-8s, one BBJ 737-7 jet and an option to purchase a BBJ 777-9. The company shared the 2023 orders at the European Business Aviation Convention & Exhibition (EBACE) in Switzerland.   "With the right combination of comfort, performance and best-in-class operating economics, the BBJ family offers VIP customers all the features they are looking for in a business jet," said Joe Benson, BBJ president. "Designed on the platforms of Boeing's best-selling commercial [...]

Source: Embraer Embraer and commercial aviation lessor Azorra today announced a new eight aircraft deal with Royal Jordanian Airlines, Jordan’s flag carrier. The agreement will see the introduction of both the E190-E2 and E195-E2 to the airline’s fleet. Aircraft deliveries are expected to begin in Q4 2023. The agreement covers eight commercial aircraft, four E190-E2 and four E195-E2, with a list price value of $635M. Six aircraft, four E190-E2 and two E195-E2 come from Azorra’s existing backlog with Embraer. Two further E195-E2s are firm orders with Embraer directly from the airline, which were added to Embraer’s Q4 2022 backlog as ‘undisclosed’. Building on the announcement made by Royal Jordanian Airlines (RJ) in October last year, in which the airline revealed [...]

Source: Rolls-Royce Rolls-Royce announced it has successfully completed the first tests of its UltraFan technology demonstrator at its facility in Derby, UK. The first tests were conducted using 100% Sustainable Aviation Fuel (SAF). This is a historic moment for Rolls-Royce – it’s the first time in 54 years the aero-engine manufacturer has tested a brand-new engine architecture and is proof of what can be achieved when industry and Governments work together. Confirming the capability of the suite of technologies incorporated in the demonstrator is a big step towards improving the efficiency of current and future aero-engines. UltraFan delivers a 10% efficiency improvement over the Trent XWB, which is already the world’s most efficient large aero engine in service. In the [...]

Source: Boeing Data modeling tool quantifies strategies, enables collaboration on decarbonization solutions Cascade findings underscore importance of SAF, fleet renewal, technology development and life-cycle emissions NASA, IATA and Cambridge and MIT researchers join new Cascade User Community In support of commercial aviation's path toward net zero carbon emissions, Boeing (NYSE: BA) today released the Boeing Cascade Climate Impact Model for public use. Cascade, a data modeling tool that identifies the effects of a range of sustainability solutions to reduce aviation's carbon emissions, is accessible on Boeing's new Sustainable Aerospace Together hub, www.sustainabilitytogether.aero. Cascade examines the full life cycle of alternate energy sources for aviation – from production through distribution and use – and quantifies the ability to cut aviation's carbon emissions. [...]

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 [...]