SpeedNews

BOEING says 787 production (now

Aerospace

HONEYWELL AEROSPACE TECHNOLOGIES earned $1b on $3.7b sales in 1Q24 vs $827m on $3.1b in 1Q23.

Aerospace

AVTECH SWEDEN has 1-year deal with Air Caraïbes and French bee for its Aventus wind uplink service from Jan '24.

Aerospace

AFI KLM E&M secured component support contracts from Ethiopian Airlines (25 777s) and Air Tanzania (two 737-9s).

MRO

VSE

VSE completed purchase of TURBINE CONTROLS (engine component/accessory repair) for $120m (SPNWS; Mar 8).

MRO

BOEING GLOBAL SERVICES earned $916m on $5b revenues in 1Q24 vs $847m on $4.7b in 1Q23; it has $20b backlog.

MRO

GULFSTREAM AEROSPACE announced it has delivered the first two G700s, which are now in service.

Business Aviation

ELEVATE AVIATION GROUP announced strategic initiative to provide exclusive access to fleet of Dash 8s in North America.

Business Aviation

GENERAL DYNAMICS AEROSPACE earned $255m on $2.1b sales in 1Q24 vs $229m on $1.9b in 1Q23, ending quarter with $20.5b backlog vs $19.3b a year ago. GULFSTREAM delivered 24 (21 large cabin) business jets in 1Q24 vs 21 (17).

Business Aviation

AERONAUTICAL ENGINEERS redelivered second 737-800SF (30517; ex-Air China) to Congo's Serve Air, which is expected to increase its fleet to six aircraft; COMMERCIAL JET performed touch labor/maintenance at Dothan, AL.

MRO

SAS

BOEING says key to restoring MAX production from less than 38 per month to 50 is ensuring fuselages delivered from Wichita are clean, following on-site inspections, eliminating travel work; its first objective is to get back to 38 per month. It also plans by end of 2024 to deliver most of the MAX (110 aircraft) and 787 (60) inventories and shut down shadow factories.

Aerospace

PARKER AEROSPACE joined HyFIVE consortium of industry and academic partners to develop liquid hydrogen fuel system and supply chain supporting zero-emission aviation in the 2030s; committed program funding totals US$46.5m.

Aerospace