Source: Embraer Embraer has published its 20-year Market Outlook for the sub-150 seat commercial aircraft segment. The report presents global and regional analyses and trends that will influence the demand for new jets and turboprops through 2041. These included: Demand Growth and Recovery Worldwide demand for air travel, measured in revenue passenger kilometers (RPK) will grow 3.2% annually (CAGR) over the next two decades. This is slightly less than the 3.3% rate forecast last year. The weaker growth reflects a near-term deceleration of the global economy, follow-on effects from the pandemic, and the impact of the Russia-Ukraine conflict. RPKs are expected to return to 2019 levels by 2024. Digitalization and Regionalization The trends to increased digitalization (work-from-home, video-conferencing) and regionalization [...]

Source: Boeing Conversion of sustainable forest and agricultural residues can displace the need for typical jet fuel by up to 75 percent in the U.S. Boeing will support testing and qualification of Alder Fuels' SAF on its airplanes Boeing and Alder Fuels today announced a new partnership to expand production of sustainable aviation fuel (SAF) around the world. Using Boeing airplanes, the companies will test and qualify Alder-derived SAF, advance policies to expedite the transition to renewable energy in aviation, and grow the amount of SAF for the global aerospace market. Alder Fuels' proprietary technology enables the efficient conversion of abundant, sustainable forest residues and regenerative biomass into a low-negative carbon "greencrude" for jet fuel conversion. The Alder product is [...]

Source: Embraer Embraer and Raízen today signed a Letter of Intent with a commitment to stimulate the development of the sustainable aviation fuel (SAF) production ecosystem, reinforcing the sustainability agenda of both companies. Among all intentions, Embraer will become the first aircraft manufacturer to use (SAF) that may be distributed by Raízen, a global leader in bioenergy. This initiative benefits the air transport industry worldwide, and the use of this technology is a fundamental part of Embraer's strategy to neutralize the carbon footprint of its operations by 2040 as more than 60% of emissions in the company's operations (scope 1) arise from the use of aviation fuel in tests and production flights. “SAF plays a key role in reducing aviation [...]

Source: Boeing International traffic gains momentum as restrictions ease; many domestic markets nearly or fully recovered from pandemic impact Over the next 20 years, airplane deliveries and commercial services together valued at $10.8 trillion Freighter fleet to grow by 80% including new and converted models With demand rebounding for international air travel following ongoing recovery in many domestic markets, Boeing projected demand for more than 41,000 new airplanes through 2041, underscoring aviation industry resilience two years after the pandemic began. Boeing released its 2022 Commercial Market Outlook (CMO), the company's annual long-term forecast, in advance of the Farnborough International Airshow. The CMO forecasts a market value of $7.2 trillion for new airplane deliveries, with the global fleet increasing by 80% through 2041 [...]

Source: Boeing The Boeing Company [NYSE: BA] announced today major program deliveries across its commercial and defense operations for the second quarter of 2022. The company will provide detailed second quarter financial results on July 27. Major program deliveries during the second quarter were as follows: Major Programs 2nd Quarter 2022 Year-to- Date 2022 Commercial Airplanes Programs 737 103 189 747 2 3 767 7 12 777 9 12 787 — — Total 121 216 Defense, Space & Security Programs AH-64 Apache (New) 6 13 AH-64 Apache (Remanufactured) 13 28 CH-47 Chinook (New) 5 9 CH-47 Chinook (Renewed) 1 4 F-15 Models 4 5 F/A-18 Models 4 8 KC-46 Tanker 4 8 P-8 Models 3 6 Note: Delivery information is not [...]

Source: ATR The ATR Board members appointed Antonio Di Gennaro as Senior Vice President Finance and Chief Financial Officer as of 1 July 2022. He brings with him over fifteen years’ experience as a Finance and Operations business leader and joins ATR from PZL Świdnik, a Leonardo Helicopters company, where he was Chief Financial Officer and Member of the Management Board since 2018. Prior to this, Antonio has held several international positions in the Aerospace & Defense Industry in both military and civil sectors. He has a strong background in Operations, Manufacturing, Customer Service & Sales, and business integration between cross cultural organisations. Antonio started his career at Alenia Aermacchi (merged in 2016 into Leonardo). ATR welcomes Antonio to this [...]