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 [...]

Source: Embraer The E195-E2 TechLion, Phenom 100EV and Phenom 300E on display at the Show Embraer to showcase range of products & solutions across commercial aviation, business aviation and defense & security portfolios Embraer announced that the Phenom 100EV and the Phenom 300E business jets, along with the E195-E2 ‘TechLion’ commercial aircraft, will be on display at the Australian International Airshow which starts today 28 February 2023. The aircraft on static display complement the products and solutions across Embraer’s diverse portfolio that the Company will showcase at its chalet. This will be the E195-E2’s maiden appearance at the Australian International Airshow and the Phenom 300E series was just announced as the world’s best-selling light jet for the 11th consecutive year. [...]

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 [...]