HONEYWELL received FAA certification for its Aspire 350 hybrid SATCOM terminal that includes legacy and next-gen Iridium safety and Iridium Certus services in one system to provide secure cockpit and cabin airtime services.
BOEING has secured $10b supplemental credit agreement with BofA, Citibank, Goldman Sachs and JPMorgan. It also announced it may offer from time to time any combination of securities, stock and/or depositary shares to raise $25m.
MTU AERO ENGINES raised its 2024 earnings guidance based on preliminary results, which show adjusted EBIT margin of 14% (revenue guidance is unchanged). It is now projecting an adjusted EBIT of >€1b for year, up from €950m-€980m.