Source: Airbus With this landmark Declaration, Europe becomes the first region worldwide to have reached an agreement between public authorities and private stakeholders on a broad aviation decarbonisation platform; Airbus, ATR, Air France-KLM, Dassault Aviation, Groupe ADP, Safran and Thales confirm their commitment to a collective approach to address the challenges of a transition to sustainable aviation European industry leaders Airbus, Air France-KLM, ATR, Dassault Aviation, Groupe ADP, Safran and Thales welcome the declaration made in Toulouse by the European Commission and Member States under the French EU Presidency. Together: We welcome the commitments of the European Commission and Member States to work with the European aviation industry to achieve the decarbonisation of the sector by 2050 in alignment with [...]

Source: ATR Regional aircraft manufacturer ATR today announced that it has successfully performed a series of ground and flight tests on its ATR 72-600 prototype aircraft, cumulating seven flight hours with 100 % Sustainable Aviation Fuel (SAF) in one engine. The aircraft was powered by Neste MY Sustainable Aviation Fuel™ produced from 100% renewable waste and residues raw materials, such as used cooking oil. These tests are part of the 100% SAF certification process of ATR aircraft. In September 2021, ATR announced a collaboration with Braathens Regional Airlines and Neste to accelerate this certification. The three companies are working closely together, targeting a demonstration flight in 2022 on a Braathens Regional Airlines’ ATR aircraft. The aim is to complete the [...]

Source: Airbus Airbus, a proven leader in the global aerospace sector, is proud to be recognized as one of the Best Places to Work for LGBTQ+ Equality, having received a score of 100 on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality in the U.S. “At Airbus, we believe that the unique experience and talents of our employees are what make us stronger, and we strive to provide an environment where our employees are able to bring these to work, where they know they can thrive in a culture of acceptance and inclusion in every part of our business,” said C. [...]

Source: Pratt & Whitney Pratt & Whitney Canada, a business unit of Pratt & Whitney, announced today that Diamond Aircraft has selected the PT6A-25C engine to power its new DART-750 aircraft, an all-carbon fiber tandem turboprop trainer equipped with state-of-the-art avionics. “We are pleased that Diamond Aircraft has selected the PT6 turboprop, the most popular engine in its class, to pursue its DART program,” said Nicholas Kanellias, Vice President, General Aviation, Pratt & Whitney Canada. “The selection of the PT6A-25C for the Austrian-designed and manufactured DART-750 acrobatic trainer, further asserts the dependability, versatility and flexibility of this engine family.” “The PT6A-25C is a proven engine that is already certified, allowing us to target 2023 for the basic EASA civil certification of [...]

Source: Boom Supersonic Overture Superfactory in Piedmont Triad Area to Break Ground in 2022 and Begin Production in 2024, Adding More Than 2,400 Local Jobs by 2032 Boom Supersonic, the company building the world's fastest and most sustainable supersonic airliner, today announced it has selected the Piedmont Triad International Airport in Greensboro, North Carolina as the site of its first full-scale manufacturing facility. The Overture Superfactory will be a state-of-the-art manufacturing facility, including the final assembly line, test facility, and customer delivery center for the Overture supersonic airliner. Carrying 65 to 88 passengers, Overture is capable of flying on 100% sustainable aviation fuel (SAF) at twice the speed of today's fastest passenger jets. “Selecting the site for Overture manufacturing is a significant [...]

Source: Boeing Fourth Quarter 2021 Continued global return to service of 737 MAX, including progress in China Revenue of $14.8 billion; operating cash flow of $0.7 billion 787 program recorded $3.5 billion pre-tax non-cash charge; focused on actions required to resume deliveries GAAP loss per share of ($7.02) and core (non-GAAP)* loss per share of ($7.69) Full-Year 2021 Revenue of $62.3 billion; operating cash flow of ($3.4) billion; cash and marketable securities of $16.2 billion GAAP loss per share of ($7.15) and core (non-GAAP)* loss per share of ($9.44) Total backlog of $377 billion and added 535 net commercial orders Focused on safety, quality and operational stability Table 1. Summary Financial Results Fourth Quarter Full Year (Dollars in Millions, except per share data) 2021 2020 Change 2021 2020 Change Revenues $14,793 $15,304 (3)% $62,286 $58,158 7% GAAP [...]

Source: Embraer Azorra has signed an agreement with Embraer to acquire 20 new E2 family aircraft, plus a further 30 purchase rights. This flexible deal enables Azorra to acquire E190-E2 or E195-E2 aircraft. At list prices, the order is valued at USD 3.9 billion.  Azorra is a Florida-based aircraft leasing company specialising in executive, regional and crossover aircraft. Deliveries will begin in 2023, adding a further 20 Embraer aircraft to the 21 already in Azorra’s existing and committed portfolio. “Our team has a long and productive history with Embraer. At Jetscape, we were the first independent lessor to commit to Embraer’s E-Jet program in December 2007, which saw E-Jets establish a global customer base of more than 80 operators. Azorra’s first [...]