Embraer reaffirmed its full-year revenue and delivery targets for 2022 despite a sharp deceleration in commercial and executive jet deliveries in the first quarter (Q1).

Despite the Russia-Ukraine war and volatility in the stock market, business aircraft activity at Textron Aviation has remained strong during the first quarter of 2022, company officials say. 

Beyond developing and producing an air vehicle that meets civil aviation authority certification standards, advanced air mobility companies also must certify how the aircraft will be serviced and maintained, and their flight operations also must be certified.

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. 

Boeing’s first-quarter 2022 financial results were another gusher of red ink, with the beset U.S. aerospace and defense OEM reporting new charges and negative results over most of its operations, and the company leaving investors and analysts with reasonable doubt over whether it can achieve net-positive cash flow this year.

Boeing has taken the decision of shifting its first 777-9 deliveries into 2025 from the end of 2023 and is pausing production of additional airframes through 2023 in an effort to avoid building up an even larger inventory.

Russian operators have seized 222 commercial and business-jet aircraft that belong to lessors, taking advantage of a government edict that permitted them to re-register the airframes to take ownership and get them on the country’s registry, an Aviation Week analysis shows. 

Companies throughout the commercial aerospace supply chain are re-examining everything from how they forecast demand to what they can handle in-house as part of broad efforts to mitigate increasing risk as passenger airline activity ramps up.