Source: Airbus Airbus has launched Airbus Scale, a new innovation unit that brings together corporate innovation, startup engagement and company building activities. This will support Airbus’ recovery and future growth, contributing to the development of future programmes and businesses as part of the Company’s zero-emissions ambition. This new unit strengthens the overall innovation landscape in Airbus and complements other Airbus innovation centres such as Acubed in Silicon Valley, the Airbus China Innovation Centre (ACIC) in Shenzhen and the Airbus UpNext technology demonstrator entity. “Pioneering sustainable aerospace will be a collective challenge and innovation is at the core of it. By setting up Airbus Scale, we will use our existing internal knowledge and know-how to scale up new companies from underutilised [...]

Source: Boeing In observance of Native American Heritage Month in the U.S., Boeing announced a $1.8 million donation to organizations supporting Indigenous communities in the U.S. The investment package will fund 22 programs working to improve access to clean water, provide resources for those impacted by the COVID-19 pandemic, increase natural disaster response and preparation in high-risk communities and support STEM education programs for Native American students and workforce training for veterans. "We are proud to continue supporting and uplifting Native American and Indigenous communities as we work toward a more equitable future for everyone," said Marc Allen, Boeing's chief strategy officer, senior vice president of Strategy and Corporate Development and enterprise executive council champion of the Boeing Native American Network. [...]

Source: Airbus The recent performance increase of Airbus Helicopters’ single-engine H125 helicopter has received certification from both the Federal Aviation Administration (FAA) in the U.S. and Transport Canada (TCCA) in Canada, making it now fully certified and available to all North American customers. This major evolution includes multiple benefits for H125 operators, including an increase of the external and internal load lifting capabilities by up to 308 lbs. (140 kg) and an increase of the hover ceiling out of ground effect (OGE ) at maximum take-off weight. They come from an increase of up to 10% of the aircraft’s power by making full use of the available power of the current Safran Arriel 2D engine, which is managed through a software update [...]

Source: Airbus 424 commercial aircraft delivered in 9m 2021 9m financials reflect deliveries as well as efforts on cost containment and competitiveness Revenues € 35.2 billion; EBIT Adjusted € 3.4 billion EBIT (reported) € 3.4 billion; EPS (reported) € 3.36 Free cash flow before M&A and customer financing € 2.3 billion 2021 guidance unchanged for commercial aircraft deliveries, updated for EBIT Adjusted and FCF before M&A and customer financing Airbus SE (stock exchange symbol: AIR) reported consolidated financial results for the nine months ended 30 September 2021. “The nine-month results reflect a strong performance across the company as well as our efforts on cost containment and competitiveness. As the global recovery continues, we are closely monitoring potential risks to our [...]

Source: Boeing Continued progress on global safe return to service of 737 MAX and focus on operational stability Revenue of $15.3 billion, GAAP loss per share of ($0.19) and core (non-GAAP)* loss per share of ($0.60) Operating cash flow of ($0.3) billion; cash and marketable securities of $20.0 billion Commercial Airplanes backlog of $290 billion and added 93 net orders Table 1. Summary Financial Results Third Quarter Nine Months (Dollars in Millions, except per share data) 2021 2020 Change 2021 2020 Change Revenues $15,278 $14,139 8% $47,493 $42,854 11% GAAP Earnings/(Loss) From Operations $329 ($401) NM $1,269 ($4,718) NM Operating Margin 2.2% (2.8)% NM 2.7% (11.0)% NM Net Loss ($132) ($466) NM ($126) ($3,502) NM Loss Per Share ($0.19) ($0.79) NM ($0.10) ($6.10) NM Operating Cash Flow ($262) [...]

Source: Boeing Today, the Chief Technology Officers (CTOs) of seven of the world's leading aerospace manufacturers have reaffirmed their commitment to achieving more sustainable aviation and to reaching industry-wide Air Transport Action Group targets in a joint statement. This statement updates a commitment made by a unified group of CTOs in June 2019 as part of a shared position to support the aviation sector's ambition to achieve net-zero carbon emissions by 2050. The CTOs of Airbus, Boeing, Dassault Aviation, GE Aviation, Pratt & Whitney, Rolls-Royce, and Safran will also issue a call to action to policymakers, research institutions, suppliers, fuel producers and airport operators to build on the progress made in recent years and deliver on the aviation sector's sustainability agenda. The joint statement [...]