Source: Airbus Airbus has signed an agreement with Spirit AeroSystems through its subsidiary for the development of CityAirbus NextGen’s wings. This partnership will support Airbus’ exploration of disruptive aircraft design while complying with the most stringent regulations. Spirit AeroSystems will be responsible for developing and manufacturing CityAirbus NextGen’s wings in Belfast, Northern Ireland. Both partners’ ambition is to achieve a minimum weight solution while ensuring the highest levels of safety. The structural concept of the eVTOL’s fixed wings will be able to transmit the related aerodynamic loads while being optimized for the right balance between hover and cruise efficiency. CityAirbus NextGen’s distributed propulsion system will contribute to reducing the influence of air turbulence. “The partnership with Spirit AeroSystems is an [...]

Source: Embraer Embraer enters the air freight market with the launch of the E190F and E195F Passenger to Freight Conversions (P2F). The E-Jets freighters are designed to meet the changing demands of e-commerce and modern trade that require fast deliveries and decentralized operations. Embraer is offering the unbeatable cargo economics and flexibility that rightsized jets provide. “Perfectly positioned to fill the gap in the freighter market between turboprops and larger narrowbody jets, our P2F E-Jet conversion hits the market as the demand for airfreight continues to take off, and as e-commerce and trade, in general, undergoes a global structural transformation,” said Arjan Meijer, President and CEO Embraer Commercial Aviation. The full freighter conversion is available for all pre-owned E190 and E195 [...]

Source: Boeing Emergency assistance package will be directed to organizations working to bring food, water, clothing and shelter to displaced Ukrainians Boeing  announced a US$2 million emergency assistance package to support humanitarian response efforts in Ukraine. The assistance package will be directed to organizations working to bring food, water, clothing, medicine and shelter to displaced Ukrainians – including those seeking refuge in neighboring countries. In addition, Boeing will match all qualifying employee contributions made in support of Ukrainian humanitarian relief through the company's charitable matching program. "The conflict unfolding in Ukraine is leading to a significant humanitarian emergency, and Boeing will take action to support the Ukrainian people," said Dave Calhoun, Boeing president and CEO. "Our thoughts are with all those who have [...]

Source: Airbus Airbus confirmed that Volotea, the  Spanish and Barcelona-based airline, is the first to recruit its Airbus pilot cadets Airbus Flight Academy Europe (AFAE), a 100% subsidiary of Airbus, has inaugurated a new campus, in Angoulême, South-West France. During the ceremony, Airbus confirmed that Volotea, the Barcelona-based airline, is the first to recruit its Airbus pilot cadets. The move by Volotea to recruit eleven of Airbus’ newly graduated pilot cadets is an endorsement of the quality of Airbus’ Ab-Initio Training Programme, which opened its doors in 2019. The programme equips cadets with the skills and mind-set required to become an “operationally-ready pilot” focusing on the all-important development of key pilot technical and behavioural competencies. Currently in the final stages [...]

Source: Airbus Airbus SE has published the agenda for its Annual General Meeting (AGM) taking place on 12 April 2022, with resolutions including the proposed appointment of a new director and the renewal of the Board mandates of Chief Executive Officer Guillaume Faury and two other directors. One resolution proposes the appointment of Irene Rummelhoff as a non-executive director, replacing Carlos Tavares whose Board mandate expires at the close of the AGM and hasn’t sought re-election. Irene Rummelhoff is Executive Vice President Marketing, Midstream & Processing at Norwegian energy company Equinor ASA and a member of its Corporate Executive Committee. Her extensive expertise in the energy sector, including in the field of energy transition and renewables, would bring important skills [...]

Source: UkrOboronProm - Ukranian Defense Industry Russian occupiers destroyed the flagship of Ukrainian aviation — the legendary An-225 "Mriya". This happened at the Antonov airfield in Gostomel near Kyiv, where the plane was. It will cost over 3 bln USD to restore the plane, the restoration shall be time consuming. Ukraine will make every effort to ensure that the aggressor state pays for these works. Russia has hit the Mriya as a symbol of Ukraine’s aviation capabilities. An-225 "Mriya" — avia giant, which holds records for transportation of biggest commercial cargo and longest and heaviest in the history of aviation monoloading, lifting capacity. Unfortunately, these options are lost today, however they will be definitely restored. The occupiers destroyed the airplane, [...]

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 [...]

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 [...]

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. [...]