Source: Airbus Airbus SE has published the agenda for its Annual General Meeting (AGM) taking place on 12 April 2022, with resolutions including the proposed appointment of a new director and the renewal of the Board mandates of Chief Executive Officer Guillaume Faury and two other directors. One resolution proposes the appointment of Irene Rummelhoff as a non-executive director, replacing Carlos Tavares whose Board mandate expires at the close of the AGM and hasn’t sought re-election. Irene Rummelhoff is Executive Vice President Marketing, Midstream & Processing at Norwegian energy company Equinor ASA and a member of its Corporate Executive Committee. Her extensive expertise in the energy sector, including in the field of energy transition and renewables, would bring important skills [...]

Source: UkrOboronProm - Ukranian Defense Industry Russian occupiers destroyed the flagship of Ukrainian aviation — the legendary An-225 "Mriya". This happened at the Antonov airfield in Gostomel near Kyiv, where the plane was. It will cost over 3 bln USD to restore the plane, the restoration shall be time consuming. Ukraine will make every effort to ensure that the aggressor state pays for these works. Russia has hit the Mriya as a symbol of Ukraine’s aviation capabilities. An-225 "Mriya" — avia giant, which holds records for transportation of biggest commercial cargo and longest and heaviest in the history of aviation monoloading, lifting capacity. Unfortunately, these options are lost today, however they will be definitely restored. The occupiers destroyed the airplane, [...]

Source: Airbus Airbus SE reports the following share buyback transactions from 23 to 25 February 2022 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 23 February 2022 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. This share buyback programme is expected to be completed by 11 March 2022. The share buyback is undertaken pursuant to the general authority conferred on the Airbus SE Board of Directors by the 12th [...]

Source: ATR On the occasion of the Singapore Airshow, world’s number one regional aircraft manufacturer ATR has once again demonstrated its commitment to bringing the higher edge of technology to the regional aviation market whilst making air services ever more sustainable, reliable, and affordable. Asia Pacific is ATR’s largest market accounting for more than 40% of aircraft deliveries. After the recent announcement regarding Maldivian’s order for two ATR 72-600 and one ATR 42-600, the manufacturer has signed a new deal with Alliance Air via lessor TrueNoord for two ATR 42-600 aircraft, which will support the airline’s mission of serving challenging airfields in the Himalayas. The ATR family’s unique capabilities to serve short runways, at high altitudes and high temperatures, its [...]

Source: Airbus 611 commercial aircraft delivered in 2021 Financials reflect strong operational performance group-wide Revenues € 52.1 billion; EBIT Adjusted € 4.9 billion; EBIT (reported) € 5.3 billion Free cash flow before M&A and customer financing € 3.5 billion; Net cash € 7.6 billion Record net income of € 4.2 billion; EPS (reported) € 5.36 Dividend proposal: € 1.50 per share 2022 guidance issued Airbus SE reported consolidated Full-Year (FY) 2021 financial results and provided guidance for 2022. “2021 was a year of transition, where our attention shifted from navigating the pandemic towards recovery and growth. Thanks to the resilience and efforts of our teams, customers and suppliers, we delivered remarkable full-year results,” said Guillaume Faury, Airbus Chief Executive Officer. [...]

Source: Boeing Global cargo carrier expands all-Boeing fleet with first order of new-production freighters Adding capacity to meet growing e-commerce and express cargo demand Boeing and Western Global Airlines today announced a firm order for two 777 Freighters, the first new-production freighters for the all-Boeing cargo operator based in Estero, Fla. The order was finalized in January 2022 and is currently listed as unidentified in Boeing's order backlog. The agreement also includes an additional purchase option. "Western Global is pleased to acquire new-build 777 Freighter aircraft.  As the world's fastest growing cargo airline, we have determined that augmenting our existing fleet with new 777 Freighters will enable us to best serve our customers while providing a clear path to our [...]

Source: Embraer Embraer opened the application process for 35 vacancies in the Software Specialization Program (PES), an innovative initiative that will be carried out in partnership with the Federal University of Pernambuco (UFPE) Informatic Center (CIn). The vacancies are eligible for professionals across the STEM field from all over Brazil who graduated between the years of 2016 and 2021. The applications are open until March 2nd via this link: https://www.embraer.com/br/pt/pes For those who would like to work in the aerospace sector, the program aims to accelerate the specialist’s skill set in one area within the fastest-growing global market. At the end of the program, the selected professionals will receive the lato sensu degree from the university and will have the opportunity to [...]

Source: Airbus JetBlue Airways has signed a firm order with Airbus for an additional 30 A220-300 aircraft. This takes the airline’s firm commitment for the A220-300 to 100 aircraft. This latest agreement lifts the total firm order book for the A220 to 740. “We’re already seeing benefits from the eight A220s we’ve added to the fleet, and we’re very happy to have more on the way,” said Robin Hayes, chief executive officer, JetBlue. “We’ve seen double-digits increases in customer satisfaction scores, and these fuel-efficient aircraft support our leadership in reducing carbon emissions. With 30 additional A220s on order, we’re in a position to accelerate our fleet modernization plans to deliver stronger cost performance and support our focus city network strategy.” [...]