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 [...]

Source: ATR ATR signs a partnership agreement with Swiss-AS ATR, the world’s number one regional aircraft manufacturer, and leading MRO software company Swiss-AS, today announced a partnership to further improve the digitalisation of airline maintenance management. Through this collaboration – a first between an aircraft manufacturer and an MRO software company – the two partners are working hand in hand to improve and customise the integration of ATR maintenance data into the AMOS software provided by Swiss-AS to ATR operators. The aim is to enable airlines to digitalise their maintenance management in the most efficient way with a software tailored to their needs and operational constraints. Currently, the integration of technical publications, provided by the OEM into the software solution [...]

Source: Airbus Airbus SE shareholders approved all resolutions at the Company’s 2023 Annual General Meeting (AGM) in Amsterdam, including the renewal of Board mandates for non-executive directors. The Board mandates of Ralph D. Crosby Jr., Mark Dunkerley and Stephan Gemkow were each renewed for three years. A three-year term was also approved 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 at each AGM, in blocks of four for three years, in order to ensure a smooth transition and that the appropriate skills are retained among [...]

Source: Gulfstream Full-Size Cabin To Be Showcased to Customers Across U.S. Stops include Miami, Houston, Dallas, Denver, Seattle, Chicago, New York, Pittsburgh, and Washington, D.C., during the spring and summer Gulfstream Aerospace Corp. announced customers across the United States will get an exclusive look at the all-new Gulfstream G400 interior at the G400 Experience Tour, showcasing the comfort and flexibility of the aircraft’s class-leading cabin. The G400, introduced in October 2021, brings an unrivaled combination of range, speed and innovation to the large-cabin business aviation class. The aircraft features class-leading field performance and can fly 4,200 nautical miles/7,778 kilometers at its long-range cruise speed of Mach 0.85. It also offers efficient environmental performance with reduced fuel consumption, emissions and noise [...]

Source: Embraer VCUB1 is the first Earth Observation and Data Collection satellite designed by the Brazilian industry Nanossatélite will be used to develop and validate Visiona's space technologies and in agriculture and deforestation control, among other applications The VCUB1 nanosatellite, developed by Visiona Tecnologia Espacial, a joint venture between Embraer and Telebras, was launched on SAturday from the Vandenberg Launch Base, California, in the United States, at 03h48, Brasilia time. VCUB1 is the first Earth Observation and Data Collection satellite designed by the Brazilian industry and is expected to demonstrate the country’s industry ability to carry out advanced space missions. “The launch of VCUB1 is historic for the Brazilian aerospace industry because it places the country in a select group [...]

Source: Airbus March 2023 deliveries: 61 deliveries to 37 customers March 2023 gross orders: 20 2023 deliveries to date: 127 to 54 customers in the year.