//MANUFACTURERS

Airbus reports share buyback transactions 23-25 February 2022

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 [...]

2022-03-01T17:33:24+02:00February 28th, 2022|MANUFACTURERS, News|

ATR reaffirms commitment to provide sustainable and affordable regional mobility

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 [...]

2022-02-22T11:26:54+02:00February 22nd, 2022|MANUFACTURERS, News|

Embraer Delivered 55 Jets in 4Q21 and 141 total Jets in 2021

Source: Embraer Embraer (NYSE: ERJ; B3: EMBR3) delivered 55 jets in the fourth quarter of 2021, of which 16 were commercial aircraft and 39 were executive jets (26 light and 13 mid-size). The Company delivered a total of 141 jets in 2021, comprised of 48 commercial aircraft and 93 executive jets (62 light and 31 mid-size). As of December 31, the firm order backlog totaled USD 17.0 billion, reaching its highest value since the second quarter of 2018. In the commercial aviation segment, Embraer announced, during the Dubai Air Show, a firm order for three new E175, plus three purchase rights for the same aircraft model, for Overland Airways, from Nigeria. The 88-seat aircraft, with premium class cabin configuration, will [...]

2022-02-21T16:08:34+02:00February 21st, 2022|MANUFACTURERS, News|

Airbus reports strong Full-Year 2021 results

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. [...]

2022-02-17T16:34:50+02:00February 17th, 2022|MANUFACTURERS, News|

Western Global Airlines Purchases Two Boeing 777 Freighters

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 [...]

2022-02-16T21:23:02+02:00February 16th, 2022|MANUFACTURERS, News|

American Airlines E175 Fleet Tops 100

Source: Embraer An order for three more E175s from American Airlines has pushed its network fleet total for the 76-seat E-Jet to over 100 aircraft. Deliveries will be completed this year. AA’s Envoy Air subsidiary will operate the E175s. The E175 is immensely popular with North American carriers. The E-Jet can easily be configured in three classes to offer product consistency with larger mainline airplanes. American Eagle’s E175s have 12 First Class, 64 Main Cabin and Main Cabin Extra seats. To date, Embraer has sold over 800 E175s to customers around the world. North American customers account for more 85% of those orders, or over 700 aircraft.

2022-02-16T00:21:12+02:00February 16th, 2022|AIRLINES, MANUFACTURERS, News|

Embraer opens applications for Software Specialization Program

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 [...]

2022-02-16T20:19:02+02:00February 15th, 2022|MANUFACTURERS, News|

JetBlue orders 30 additional Airbus A220-300, raising its firm order to 100

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.” [...]

2022-02-15T17:52:49+02:00February 15th, 2022|MANUFACTURERS, News|

Raytheon Technologies announces appointment of Christopher T. Calio as the company’s Chief Operating Officer and names Shane G. Eddy as President of Pratt & Whitney

Source: Raytheon Technologies Corporation Raytheon Technologies Corporation today announced the appointment of Christopher T. Calio as Chief Operating Officer and named Shane G. Eddy to succeed Calio as President of its Pratt & Whitney business unit, effective March 1, 2022. As Chief Operating Officer, Calio will oversee the company's four business units as well as its technology and engineering; enterprise services and digital; and operations, quality, environmental, health and safety and supply chain functions. Calio will continue to report directly to Chairman and CEO Greg Hayes. "Chris is a tested leader who has successfully steered Pratt & Whitney through one of the most dynamic and challenging periods in aerospace history," said Raytheon Technologies Chairman and CEO Greg Hayes. "He has [...]

2022-02-15T22:22:59+02:00February 15th, 2022|MANUFACTURERS, News|

Aviation Capital Group finalises order for 20 A220s

Source: Airbus Global full-service  aircraft lessor Aviation Capital Group (ACG), wholly owned by Tokyo Century Corporation, has signed a firm contract for 20 A220s following its order for 40 A320neo Family aircraft including five A321XLRs announced in December 2021.” We are delighted to expand our partnership with Airbus through this A220 order”, said Steven C. Udvar-Hazy, Senior Vice President, OEM Relations & Market Development at ACG. “Our airline customers will appreciate the A220’s environmental friendliness, passenger comfort, and competitive operating economics.” “This order for 20 A220s from Tokyo Century’s Aviation Capital Group reflects the potential of the aircraft as a sound investment, including for investors based in the Asia Pacific region”, said Christian Scherer, Chief Commercial Officer and Head of [...]

2022-02-14T12:46:56+02:00February 14th, 2022|MANUFACTURERS, News|