Source: Gulfstream Two Fully Outfitted G700 Test Aircraft to be Showcased to Customers Across Continents Gulfstream Aerospace Corp. announced the two fully outfitted Gulfstream G700 production test aircraft will embark on an extensive world tour to showcase Gulfstream’s flagship and the most spacious cabin in the industry to customers. The G700 world tour will commence directly after the two aircraft appear at the 2022 NBAA Business Aviation Convention & Exhibition (NBAA-BACE) and builds on the test program’s impressive real-world performance capabilities, which already include eight international city-pair speed records. “These outfitted G700 aircraft currently flying feature two of the most stunning interiors in business aviation,” said Mark Burns, president, Gulfstream. “After being on display for the industry at NBAA-BACE in [...]

Source: Airbus International Airlines Group (IAG) has confirmed an order for 37 additional A320neo aircraft, following shareholder approval. The latest order follows earlier agreements for 22 A320neo Family (17 A320neos, 5 A321neos) announced in March and June 2022, taking the total for the year to 59 single aisle aircraft. “IAG operates Airbus aircraft extensively in its fleet making it one of the largest Airbus customers globally. These latest generation aircraft will be key in IAG’s stated environmental mission to operate the world’s most fuel efficient planes”, said Christian Scherer, Chief Commercial Officer and Head of Airbus International. The A320neo Family incorporates the very latest technologies including new generation engines and Sharklets, which together deliver at least 20 percent fuel saving. [...]

Source: Airbus 437(1) commercial aircraft delivered in 9m 2022 Revenues € 38.1 billion; EBIT Adjusted € 3.5 billion EBIT (reported) € 3.6 billion; EPS (reported) € 3.26 Free cash flow before M&A and customer financing € 2.9 billion 2022 guidance updated for FCF before M&A and customer financing Airbus SE (stock exchange symbol: AIR) reported consolidated financial results for the nine months ended 30 September 2022. “Airbus delivered a solid nine-month 2022 financial performance in a complex operating environment,” said Guillaume Faury, Airbus Chief Executive Officer. “The supply chain remains fragile resulting from the cumulative impact of COVID, the war in Ukraine, energy supply issues and constrained labour markets. Our strong focus on cash flow and the favourable dollar/euro environment have [...]

Source: Boeing International Airlines Group (IAG) has announced that its shareholders approved an agreement with Boeing to order a total of 50 737-8-200s and 737-10s, plus 100 options. Boeing and IAG announced the agreement that was subject to shareholder approval in May 2022. The firm order for 50 737s will be reflected on Boeing's Orders & Deliveries website in November. "We welcome today's decision by IAG's shareholders to approve a firm order for 50 737-8-200s and 737-10s, with options for 100 more, and we look forward to working with IAG on reintroducing the 737 in to the Group's fleets," said Ihssane Mounir, Boeing's senior vice president of Commercial Sales and Marketing. The largest model in the family, the 737-10 seats up to 230 passengers [...]

Source: Boeing Operating cash flow of $3.2 billion; continue to expect positive free cash flow for 2022 Resumed 787 deliveries and delivered 9 airplanes Recorded losses on fixed-price defense development programs Revenue of $16.0 billion; GAAP loss per share of ($5.49) and core (non-GAAP)* loss per share of ($6.18) Total backlog of $381 billion; including over 4,300 commercial airplanes Table 1. Summary Financial Results Third Quarter Nine Months (Dollars in Millions, except per share data) 2022 2021 Change 2022 2021 Change Revenues $15,956 $15,278 4 % $46,628 $47,493 (2) % GAAP (Loss)/Earnings From Operations ($2,799) $329 NM ($3,194) $1,269 NM Operating Margin (17.5) % 2.2 % NM (6.8) % 2.7 % NM Net Loss ($3,308) ($132) NM ($4,390) ($126) NM Loss Per Share ($5.49) ($0.19) NM ($7.24) ($0.10) [...]

Source: Airbus Amazon Air has signed a firm agreement to lease ten A330-300P2F freighters from Altavair, taking advantage of the A330’s capacity and economics to help fulfil its one-day delivery promise to Amazon Prime customers. The aircraft will be operated for Amazon by Hawaiian Airlines, which has had A330s as a key element of its fleet since 2010. The ten airframes are being converted from passenger aircraft to freighters by Elbe Flugzeugwerke GmbH (EFW), the centre of excellence for Airbus Passenger-to-Freighter (P2F) conversions. “We’re thrilled to welcome Airbus to our Amazon Air fleet,” said Philippe Karam, Director, Amazon Global Air Fleet & Sourcing. “These A330-300s will not only be the first of their kind in our fleet, they’ll also be [...]

Source: Embraer Embraer and Nordic Aviation Capital (NAC), a global leader in regional aircraft leasing, have signed a contract for up to 10 conversion slots for the E190F/E195F, with deliveries starting in 2024. In May of 2022, NAC and Embraer reached an agreement in principle to take up to 10 conversions; this order is now confirmed. The aircraft for conversion will come from NAC’s existing E190/E195 fleet. In July of 2022, NAC signed a memorandum of understanding to place their first two E190F passenger-to-freight conversions with Astral Aviation, based in Nairobi, Kenya. Embraer’s E-Jets P2F conversions deliver segment-leading performance and economics. The E-Jets Freighters will have over 50% more volume capacity, three times the range of large cargo turboprops, and up to 30% lower [...]

Source: Eve Air Mobility Eve Air Mobility (“Eve”) has signed a letter of intent with Skyway Technologies Corp. (“Skyway”) to provide Eve’s Urban Air Traffic Management (“UATM”) software solution, ensuring the traffic management for future Urban Air Mobility (“UAM”) solutions supports the needs and growth of the industry. “Integrating Eve’s UATM solution into Skyway’s air traffic vertiport operation service offerings, further increases industry support for eVTOL sales and pushes Skyway’s services to new heights. This enables airline investments into this sector the ability to close the loop when it comes to operating these aircraft at digitally driven vertiports being developed. It’s an important step forward in bringing UAM to life and we look forward to all the great innovation to [...]