Can material and labor supply keep pace with aftermarket demand as flight activity recovers?

Being selected for a new-generation flight management system (FMS) on the Airbus A320, A330 and A350 is consolidating Thales’ position in the avionics market versus Collins Aerospace, GE Aviation and Honeywell. 

A massive skills gap facing industries including aerospace and space needs urgent attention from governments and corporations according to the advisory board for the Global Aerospace Summit which takes place in Abu Dhabi this month.

Newly appointed Minister of Industry and Commerce, Ryad Mezzour, met representatives of the Group of Aeronautics and Space Industries of Morocco (GIMAS) to give new impetus to the sector.

Canadian aerostructures and spacecraft sub-tier provider Magellan Aerospace saw almost 7% greater revenue during the first quarter of 2022 over the year-before period.

Aircraft Industries, the manufacturer of the Let family of turboprop regional aircraft, is now back in Czech hands after being acquired from its Russian owners. 

Raytheon Technologies has shaved back its forecasted revenue for 2022, but the Super Tier 1 supplier reiterated the rest of its full-year profit guidance, illustrating how the wider Western aerospace and defense industry continues to encounter headwinds in its recovery from the COVID-19 pandemic, but not enough to derail momentum.

Airbus has been forced by its workers to walk away from an earlier plan to sell its plant in Varel, Germany, to Mubea, an automotive supplier aiming at expanding into aerospace.