//MANUFACTURERS

Boeing Reports Fourth-Quarter Results

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 [...]

2022-01-26T15:09:04+02:00January 26th, 2022|MANUFACTURERS, News|

Azorra Places Order For 20 Embraer E2 Aircraft

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 [...]

2022-01-25T16:39:24+02:00January 25th, 2022|MANUFACTURERS, News|

Airbus seeking new talents to prepare the future

Source: Airbus Around 6000 to be hired worldwide in the first part of 2022 As the aerospace industry shows strong signs of recovery post-COVID, and while Airbus continues to prepare the future of aviation and implement its roadmap for decarbonisation, the Company announces it intends to start 2022 with a recruitment plan of around 6000 new hires worldwide across the entire group. “Airbus has demonstrated resilience throughout the COVID crisis, and has laid the foundations for a bold future for sustainable aviation. This can only be achieved by acquiring the right talents in the various domains of expertise that will help us grow our activities as we come out of the crisis, while preparing the long-term transformation of the Company”, said [...]

2022-01-19T16:57:09+02:00January 19th, 2022|MANUFACTURERS, News|

Airbus and partners to establish aircraft lifecycle centre in China

Source: Airbus Facility will offer sustainable solutions to manage the entire lifecycle of aircraft, including dismantling and recycling Airbus has signed a Memorandum Of Understanding (MOU) with the city of Chengdu and Tarmac Aerosave for the development of the first sustainable aircraft “lifecycle” service centre in China. This agreement will cover a range of activities from aircraft parking and storage, to maintenance, upgrades, conversions, dismantling and recycling services for various aircraft types. “This is another concrete contribution to the aviation industry's quest for sustainability, supporting the principle of a circular economy in line with Airbus’ purpose to pioneer sustainable aerospace. This unique centre will support the expansion of Airbus’ aviation services while enabling the implementation of China's “Green Industry” strategy”, [...]

2022-01-18T16:33:23+02:00January 18th, 2022|MANUFACTURERS, News|

Airbus, NTT, DOCOMO and SKY Perfect JSAT Jointly Studying Connectivity Services from High-Altitude Platform Stations (HAPS)

Source: Airbus Airbus, Nippon Telegraph and Telephone Corporation (NTT), NTT DOCOMO, INC. (DOCOMO) and SKY Perfect JSAT Corporation (SKY Perfect JSAT) jointly announced that they have begun studying the feasibility of collaborating on future high-altitude platform stations (HAPS)-based connectivity services as part of a future space-based wireless connectivity ecosystem. Launched with a memorandum of understanding (MOU), the study aims to identify the early deployment requirements of a HAPS-based network. The collaboration will investigate the use of the Airbus Zephyr, the leading fixed wing, solar-powered, stratospheric unmanned aerial system (UAS), and the wireless communication networks of NTT, DOCOMO and SKY Perfect JSAT in order to test HAPS connectivity, identify practical applications, develop required technologies and ultimately launch space-based wireless broadband services. [...]

2022-01-17T23:41:18+02:00January 17th, 2022|MANUFACTURERS, News|

Gulfstream Customer Support Marks Successful Year Of Expansion And Continued Investment

Source: Gulfstream Gulfstream Palm Beach has earned 16 regulatory approvals throughout Latin America, including Argentina, Brazil, Mexico, Peru and Venezuela, among others. Gulstream Aerospace Corp. recognized the many accomplishments achieved by Gulfstream Customer Support in 2021, including facility and service expansions, increased investment in customers and continued success in sustainability. “The business aviation industry has experienced great gains in 2021, and Gulfstream Customer Support has been well-positioned to support our customers around the world as their flying increases,” said Derek Zimmerman, president, Gulfstream Customer Support. “As we continue to implement our master plan for customer-focused expansions in strategic locations, we are establishing our industry’s most modern facilities to accommodate Gulfstream’s growing fleet of next-generation aircraft, including the recently announced all-new [...]

2022-01-14T17:40:51+02:00January 14th, 2022|MANUFACTURERS, News|

Boeing selects Collins Aerospace as next-generation lavatory supplier for the 737

Source: Collins Aerospace  The Boeing Company has selected Collins Aerospace, a Raytheon Technologies business to be the long-term provider of next-generation lavatories for the 737 family of aircraft. The new lavatory incorporates a modular design and customization opportunities for trim, finish and lighting and includes touchless functionality, the latest micro-LED lighting technology and a centralized computing system to optimize the passenger experience, improve airline operability and help pave the way for future technology integration. "Collins' long-standing relationship with Boeing and specifically our shared history on the 737 lavatory program have made our work on this next-generation 737 lavatory a truly collaborative project," said Cynthia Muklevicz, vice president of business development for Collins Aerospace. "Years of cooperation, hard work and innovation [...]

2022-01-14T14:46:10+02:00January 14th, 2022|MANUFACTURERS, News|

Boeing Announces Fourth-Quarter Deliveries

Source: Boeing The Boeing Company announced today major program deliveries across its commercial and defense operations for the fourth quarter of 2021. The company will provide detailed fourth quarter financial results on January 26. Major program deliveries during the fourth quarter were as follows: Major Programs 4th Quarter 2021 Year-to- Date 2021 Commercial Airplanes Programs 737 84 263 747 3 7 767 8 32 777 4 24 787 — 14 Total 99 340 Defense, Space & Security Programs AH-64 Apache (New) 8 27 AH-64 Apache (Remanufactured) 14 56 CH-47 Chinook (New) 3 15 CH-47 Chinook (Renewed) — 5 F-15 Models 5 16 F/A-18 Models 6 21 KC-46 Tanker 6 13 P-8 Models 5 16 Commercial and Civil Satellites — — Military Satellites — — Note: [...]

2022-01-11T18:24:16+02:00January 11th, 2022|MANUFACTURERS, News|

Airbus achieves 2021 commercial aircraft delivery target

Source: Airbus Airbus SE (Stock exchange symbol: AIR) delivered 611 commercial aircraft to 88 customers in 2021, demonstrating resilience and recovery with progress on ramp-up plans. “Our commercial aircraft achievements in 2021 reflect the focus and resilience of our Airbus teams, customers, suppliers and stakeholders across the globe who pulled together to deliver remarkable results. The year saw significant orders from airlines worldwide, signaling confidence in the sustainable growth of air travel post-COVID” said Guillaume Faury, Airbus Chief Executive Officer. “While uncertainties remain, we are on track to lift production through 2022 to meet our customers’ requirements. At the same time we are preparing the future of aviation, transforming our industrial capabilities and implementing the roadmap for decarbonisation.” In 2021, deliveries [...]

2022-01-11T00:33:27+02:00January 11th, 2022|MANUFACTURERS, News|

Azorra Orders 22 A220 Family Aircraft

Source: Airbus Airbus has signed a purchase agreement with Azorra for twenty-two A220 Family aircraft including twenty A220-300s and two ACJ TwoTwenty aircraft. Azorra is a Fort Lauderdale, Florida, USA, based aircraft lessor focused on executive, regional and mid-size (“crossover”) aircraft. Azorra’s purchase is the latest endorsement for the A220 Family aircraft and reaffirms the strong market demand for Airbus’ newest single-aisle aircraft. “The A220 is ideally suited for Azorra’s growing portfolio. We are excited to partner with Airbus on this popular, next generation aircraft. We look forward to offering its superior economics and environmental efficiency to our customers,” said John Evans, CEO of Azorra. “We are also thrilled with the opportunity to expand Azorra’s executive jet leasing business with [...]

2022-01-10T22:58:39+02:00January 10th, 2022|MANUFACTURERS, News|