Source: Gulfstream Fully Outfitted G700 Traveled to Six Continents  Gulfstream Aerospace Corp. announced the all-new Gulfstream G700 achieved 25 speed records on the recently completed G700 world tour. Gulfstream flew two fully outfitted G700 production test aircraft to more than 20 countries across six continents to demonstrate the aircraft’s performance capabilities and the flexibility and comfort of the most spacious cabin in the industry. “The G700 world tour was a tremendous success,” said Mark Burns, president, Gulfstream. “We knew the aircraft would perform exceptionally well, and they exceeded even our own high expectations for both reliability and performance across a variety of routes. Showcasing the outfitted aircraft to our customers and prospects around the world bolstered the already strong demand [...]

Source: Airbus Airbus observation and communication satellites will support Polar POD’s scientific studies The Airbus Foundation has signed an agreement with the Polar POD expedition to support both the scientific programme and the operational phase of the mission. The Airbus Foundation will provide access to products and services such as Earth observation satellite data, as well as offering additional capabilities for reliable high-speed telecommunications.  The maritime expedition, driven by renowned French explorer and scientist Jean-Louis Etienne’s non-profit organisation “Océan Polaire”, aims to better understand global environmental and climate dynamics. Running for several years, it will achieve this by monitoring the Southern Ocean using an innovative inhabited low-carbon vessel: the Polar POD. It has no engine and will be propelled by [...]

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 [...]

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 [...]

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 [...]

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 [...]