//MANUFACTURERS

Embraer Earnings Results 2nd Quarter 2021

Source: Embraer HIGHLIGHTS Embraer delivered 14 commercial jets and 20 executive jets (12 light / 8 large) in 2Q21, bringing the year-to-date deliveries to 23 commercial jets and 33 executive jets (22 light /11 large). Following solid sales activity in the period across businesses, total company firm order backlog at the end of 2Q21 was US$ 15.9 billion; Revenues in 2Q21 reached US$ 1,130.5 million, representing year-over-year growth of 110.4% compared to 2Q20, with double digit growth in all segments. First half 2021 revenues grew 65.5% compared to the same period of 2020; Excluding special items, adjusted EBIT and EBITDA were US$ 104.7 million and US$ 160.7 million, respectively, yielding adjusted EBIT margin of 9.3% and adjusted EBITDA margin of [...]

2021-08-13T19:28:41+03:00August 13th, 2021|MANUFACTURERS, News|

Embraer commits to carbon neutral operations by 2040

Source: Embraer Embraer, as part of its commitment to building a sustainable future, today announced ambitious new ESG targets, including a commitment to carbon neutral operations by 2040. The company developed social responsibilities and environmental goals, which include offering an inclusive workplace for all employees and launching a zero-emission vehicle, all of which are integrated into the company’s corporate sustainability plan. The ESG goals are focused on helping to move both the company and the aviation industry forward. “At Embraer, we recognize the urgency of the climate crisis and we are fully committed to a more sustainable future. We are stepping up our efforts to minimize our carbon footprint by remaining dedicated to innovating solutions that have a broader impact [...]

2021-08-13T19:27:21+03:00August 13th, 2021|MANUFACTURERS, News|

Embraer’s electric demonstrator aircraft begins flight test campaign

Source: Embraer On the journey to a net zero-carbon emissions future, another initiative of Embraer has reached a new stage with the beginning of the flight test campaign of the electric demonstrator aircraft. Developed to evaluate new technologies and solutions that enable 100% electric and more sustainable aeronautical propulsion, the demonstrator conducts tests at Embraer's facility in Gavião Peixoto, in São Paulo, Brazil. This is another promising step in the successful scientific and technological cooperation that has brought together Embraer and two renowned providers of electric mobility solutions, WEG and EDP. The open innovation strategy has accelerated the development of the needed technologies to increase the future aircraft´s energy efficiency through the use and integration of electrical devices into an [...]

2021-08-13T19:23:33+03:00August 13th, 2021|MANUFACTURERS, News|

Norway’s First P-8A Poseidon Performs Maiden Flight

Source: Boeing The first of five Boeing-8A Poseidon aircraft for Norway performed its maiden flight yesterday, Aug. 9. The aircraft took off at 10:03 a.m. Pacific time and flew for 2 hours, 24 minutes, reaching a maximum altitude of 41,000 feet during the flight from Renton Municipal Airport to Boeing Field in Seattle. The first flight marks the next phase of the production cycle of this aircraft as it is moved to the Installation and Checkout facility, where mission systems will be installed and additional testing will take place before final delivery to the Norwegian Defence Materiel Agency (NDMA) later this year. "This inaugural flight is an important milestone for Norway, and the Boeing team remains committed to delivering the [...]

2021-08-11T02:18:20+03:00August 11th, 2021|MANUFACTURERS, News|

Boeing Donates $500,000 to Support CARE Indonesia’s COVID-19 Relief Efforts

Source: Boeing - "Boeing stands by the people of Indonesia... We are in this fight against COVID-19 together," said Sir Michael Arthur, president of Boeing International - Funds will help communities currently battling the highly contagious COVID-19 delta variant The Boeing Company announced a $500,000 (equivalent to IDR 7.2 billion) donation from the Boeing Charitable Trust to CARE in support of COVID-19 relief efforts in Indonesia. Funds will be used to increase capacity of local health centers, provide inflatable negative pressure tents and beds to accommodate COVID-19 patients, as well as personal protective equipment kits and food supplements for health care workers. "Boeing stands by the people of Indonesia as the highly contagious COVID-19 delta variant continues to spread across the country, leaving families [...]

2021-08-10T15:50:24+03:00August 10th, 2021|MANUFACTURERS, News|

SkyWest Airlines Orders 16 New E175 Aircraft for Operation with Delta Air Lines

Source: Embraer Embraer has agreed the sale of 16 new E175 jets to SkyWest, Inc. (NASDAQ: SKYW) for operation in the Delta Air Lines (NYSE: DAL) network, adding to the 71 E175 jets SkyWest already operates for Delta. The E175 aircraft will fly exclusively with Delta under a Capacity Purchase Agreement (CPA). The value of the contract, which will be included in Embraer’s third quarter backlog, is USD 798.4 million, based on list price. The 76-seat aircraft will be delivered in Delta’s livery and will have a three-class configuration. Deliveries start in mid-2022. President and CEO of SkyWest, Chip Childs, said, “SkyWest operates more E175s than any other carrier in the world. With these aircraft, we will have nearly 240 [...]

2021-08-10T04:09:16+03:00August 10th, 2021|MANUFACTURERS, News|

Airbus Helicopters Canada delivers first five-bladed H145 helicopter in North America to STARS Air Ambulance

Source: Airbus STARS Air Ambulance, an Airbus operator for more than 35 years, is the first customer in North America to operate the new five-bladed H145 following the acceptance of their new helicopter today in Fort Erie, Ontario. This latest version of the H145 family is their sixth delivery in the company’s fleet renewal plan and the first five-bladed version to join the fleet. All remaining deliveries will consist of the new five-bladed H145 model and STARS has confirmed it will retrofit its initial five aircraft. “By renewing our fleet with the H145, we deliver on our commitment to continually enhance the emergency care services we provide, as each life we save makes a huge difference in someone’s family, someone’s [...]

2021-08-06T19:55:58+03:00August 6th, 2021|MANUFACTURERS, News|

Latest Commercial Aircraft figures from Airbus

Source: Airbus Numbers presented are those valid at the end of July 2021. For a full listing including details on customers and regions, as well as historical data for the previous year, go to the download section below. July 2021 deliveries: 47 to 32 customers July 2021 orders: 2 2021 deliveries to date: 344 to 69 customers   A300/A310 A220/A320 A330/A340/A350 A380 Total Total orders 816 16239 3103 251 20409 Total deliveries 816 10139 2333 248 13536 Aircraft in fleet 287 9562 2089 243 12181

2021-08-06T19:51:00+03:00August 6th, 2021|MANUFACTURERS, News|

Boeing, AeroEquity Industrial Partners Launch Platform to Shape the Future of Aerospace Venture Capital Investing

Source: Boeing - Partnership to stand up a dedicated aerospace venture fund that builds on Boeing HorizonX's platform and expands investments in start-up innovation - Investments to focus on mobility, space and connectivity, industrial tech and enterprise digital solutions, with a broader emphasis on sustainability Boeing and AeroEquity Industrial Partners (AEI) announced a strategic partnership to expand Boeing's venture capital investing in mobility, space and connectivity, industrial tech and enterprise digital solutions, with a broader emphasis on sustainability. The partnership brings together Boeing's aerospace and technology innovation and its HorizonX Ventures platform with AEI's operational and private equity investing experience to establish an independent and expanded venture capital group, AEI HorizonX. "We're excited to launch this transformative and first-of-its-kind business [...]

2021-08-06T00:38:16+03:00August 6th, 2021|MANUFACTURERS, News|

Airbus reports Half-Year (H1) 2021 results

Source: Airbus 297 commercial aircraft delivered in H1 2021 H1 financials reflect deliveries as well as continued efforts on cost containment and competitiveness Revenues € 24.6 billion; EBIT Adjusted € 2.7 billion EBIT (reported) € 2.7 billion; EPS (reported) 2.84 Free cash flow before M&A and customer financing € 2.1 billion Focus on securing A320 Family ramp-up and transforming the industrial value chain Board of Directors approval for A350 freighter derivative 2021 guidance updated Airbus SE reported consolidated financial results for the Half-Year (H1) ended 30 June 2021. “These half-year results reflect the commercial aircraft deliveries, our focus on cost containment and competitiveness, and the good performance in Helicopters and Defence and Space. Although the COVID-19 pandemic continues, the numerous [...]

2021-07-30T04:06:27+03:00July 30th, 2021|MANUFACTURERS, News|