Source: Airbus To contribute nearly €1.7 billion to Spanish GDP and to create almost 700 jobs in Spain per year Main beneficiaries in the Community of Madrid, Basque Country, Castilla-La Mancha and Andalusia The Eurofighter programme will cumulatively secure 26,000 jobs in Spain until 2060, according to a recent study by PricewaterhouseCoopers (PWC) on the economic impact of the ‘Halcon’ and ‘Quadriga’ contracts for the country. The study, which was funded by Airbus, together with the technical support of ITP Aero, and performed independently by PWC over a period of six months until March 2023, estimates that, during its life cycle, the manufacturing phase (2020-2030) and maintenance phase (2023-2060) of the Halcon and Quadriga programmes  will create on average 657 jobs [...]

Source: Boeing ViaSat-3 Americas is the first of three satellites to provide high-quality, affordable connectivity to global users Boeing integrated Viasat's ultra-high-capacity payload to its custom-designed 702MP+ platform, harnessing the most power ever on a communications satellite Boeing delivered the most powerful satellite platform the company has built to date, the 702MP+, a custom-designed spacecraft for network provider Viasat [NASDAQ: VSAT]. "Working with Boeing, we're very excited to complete the ViaSat-3 Americas and bring us one step closer to providing higher speeds, more bandwidth, and greater value to our customers on a global scale whether they be on land, on the sea, or in the air," said Dave Ryan, president Space & Commercial Networks, Viasat. "The innovation of this satellite [...]

Source: Embraer Governor of São Paulo, Tarcísio de Freitas, was at the ceremony About 150 professionals are expected to compose the scientific research environment Embraer, ITA (Aeronautical Technological Institute), and FAPESP (São Paulo State Research Support Foundation) held today the inauguration ceremony of the Engineering Research Center (CPE), dedicated to the Air Mobility for the Future studies. The event, held at the ITA campus in Sao Jose dos Campos, Sao Paulo, was attended by the governor of the State of São Paulo, Tarcísio de Freitas, by the director of the Department of Aerospace Science and Technology, Lieutenant General Maurício Augusto Silveira de Medeiros, by the president of FAPESP, Marco Antonio Zago, and the rector of ITA, Professor Anderson Ribeiro Correia, [...]

Source: Boeing 2023 commercial aircraft financing to reach near pre-pandemic levels 100% of commercial deliveries funded by third parties for the past three years Boeing today released the 2023 Commercial Aircraft Finance Market Outlook (CAFMO) showing another year of recovery and increased demand from aircraft financiers and investors. "With production and delivery increases and the reopening of certain regional markets, we forecast aircraft financing needs to reach near pre-pandemic levels in 2023," said Rich Hammond, vice president of Customer Finance at Boeing. "This positive trend reaffirms that our industry's fundamentals are strong and aircraft financiers and investors are well positioned as travel continues to recover." The 2023 CAFMO is Boeing's annual review of aircraft financing trends and assesses near-term market dynamics [...]

Source: ATR Bernard Marquez has been appointed Head of Quality at ATR, effective 1 March 2023. By joining the company, Bernard takes the lead of an integrated and independent Quality function, reporting directly to ATR’s Chief Executive Officer, Nathalie Tarnaud Laude. Bernard brings a breadth of experience to the role after 25 years building a sound expertise in quality and engineering. During almost a decade, he drove quality improvement plans mainly for the Airbus Single-Aisle Programme and its various production sites. Most recently, he held the position of Head of A320 Family Quality Value Stream Management Performance, fostering direct or indirect teams on high performance, offering pragmatic solutions whilst always maintaining the highest levels of safety and quality. Bernard graduated [...]

Source: Airbus Airbus SE has published the agenda for its Annual General Meeting (AGM) taking place on 19 April 2023 in Amsterdam, with resolutions including the renewal of Board mandates for non-executive directors. The Board mandates of Ralph D. Crosby Jr., Mark Dunkerley and Stephan Gemkow are each due for renewal for a period of three years. A three-year term is also proposed for Antony Wood who replaced Lord Paul Drayson on the Board last December, bringing with him extensive experience of the aerospace industry and defence sector. Lord Drayson resigned from the Board on the day of the 2022 AGM. Airbus Board mandates are renewed every year, in blocks of four for three years, in order to ensure a [...]

Source: Airbus Airbus SE reports the following share buyback transactions from 27 February 2023 to 3 March 2023 under Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (“EU Market Abuse Regulation”). The transactions are part of a share buyback programme that started on 27 February 2023 for the sole purpose of covering Airbus’ long-term incentive plan in shares. The repurchased shares will be redistributed to the beneficiaries of long-term incentive plans according to the relevant plan rules. The share buyback programme is expected to be completed by 27 March 2023. The share buyback is undertaken pursuant to the general authority conferred on the Airbus SE Board of Directors by [...]

Source: Boeing Soussan brings strong engineering, manufacturing and sustainability leadership Based in France, Soussan would become Boeing's first board member outside the United States The Boeing Company Board of Directors today announced that it has nominated Sabrina Soussan to be elected as a new director at the company's upcoming annual meeting of shareholders. Soussan, 53, currently serves as chair and CEO of SUEZ SA, a Paris-based global utility company specializing in water and waste management with a focus on sustainability. Over a more than a 20-year career at Siemens AG, she held multiple leadership positions as Division CEO, Business Unit CEO and as an engineer in transportation, automation and energy management sectors. Prior to joining SUEZ, she was CEO of [...]