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 [...]

Source: Boeing Contribution will be directed through the American Red Cross Company will match dollar-for-dollar monetary donations from Boeing employees The Boeing Company announced a 500,000 USD donation from the Boeing Charitable Trust to assist those impacted by the recent earthquake in Turkey. Boeing's donation will be directed through the American Red Cross and designated for earthquake recovery and relief efforts by the global Red Cross and Red Crescent network. "The devastation from this earthquake is immense and will require a global response. Our 156,000 teammates at Boeing stand with the people in Turkey and the region during this challenging time. We are proud to work with aid agencies to quickly bring help to those in need," said Boeing International President Dr. Brendan Nelson. [...]

Source: ATR Daniel Cuchet has been appointed SVP Engineering effective from 1 February 2023, and Head of Design Organisation ATR effective 1 January 2023. Daniel joins ATR’s executive committee, reporting directly to Chief Executive Officer Nathalie Tarnaud Laude. Daniel held the position of Chief Engineer at ATR since 2019. Daniel Cuchet began his career in 1991 as Technical Director in a high-tech aerospace start-up company specialised in military Unmanned Aerial Vehicles (UAVs). Early 2003, he joined Airbus Group as Chief Engineer/Head of Design within the Defence & Space division and worked four years in Germany. Daniel oversaw a 10t-class UAV, Eurodrone, jointly developed by Airbus, Dassault Aviation and Leonardo for German, French, Italian and Spanish end-users. Then, he continued his [...]