SpeedNews

GOVT OF CANADA ordered four new A330 MRTTs in €2.1b deal that includes conversion of five used A330-200s to MRTTs; first delivery is scheduled for 2027 and aircraft are to replace its CC-150 Polaris (A310 MRTT) aircraft for RCAF.

SKYALYNE CANADA was selected by Govt of Canada as preferred bidder for RCAF Future Aircrew Training (FAcT) program; contract is due in 2024.

NASA and BOEING unveiled livery of X-66A (modified MD-90) with transonic truss-braced wing for testing to reach net-zero greenhouse gas emissions; they also announced that Alaska Airlines, American, Delta, Southwest and United will join team to provide input on operational efficiencies, maintenance, handling characteristics and airport compatibility.

HEXCEL had $85.2m net income on $912m sales in 1H23 vs $62.5m on $783.6m in 1H22; Commercial Aerospace sales of $548.8 million increased 22.9% (22.5% in constant currency) vs 1H22, driven by A350, A320neo and 787 programs.

MAGNIX and NASA unveiled livery for hybrid electric aircraft being developed under Electrified Powertrain Flight Demonstration (EPFD) project. AEROTEC and AIR TINDI joined team to test its hybrid powertrain on modified Dash 7.

BOEING forecasts need for 649,000 pilots, 690,000 maintenance technicians and 938,000 cabin crew members over next 20 years (+7.9% vs '22 forecast) to support global commercial fleet, projected to double to 48,575 aircraft by 2042.

AKZONOBEL earned €461m on €5.4b revenues in 1H23 vs €437m on €5.4b in 1H22; it cited aerospace growth.

GE AEROSPACE and NASA unveiled livery for hybrid electric aircraft being developed under Electrified Powertrain Flight Demonstration (EPFD) project. BOEING and AURORA FLIGHT SCIENCES will support flight tests of modified Saab 340B.

EP SYSTEMS, UT was selected by Elfly Group to supply battery for its all-electric seaplane now under development.

PAN AM FLIGHT ACADEMY, Miami qualified its L3Harris 737-8 full-flight simulator to Level D in preparation to begin pilot training from August 1.

CITIC PACIFIC SPECIAL STEEL, China received TPG program accreditation.

PRATT & WHITNEY earned $230m on $5.7b sales in 2Q23 vs $302m on $5b in 2Q22. It delivered 772 engines (191 large commercial; 74 military; and 507 PW&C) vs 698 (177 large commercial; 62 military; and 459 PW&C) a year ago and says it anticipates a significant portion of the PW1100G-JM fleet will require accelerated removals/inspections by mid-'24.

COLLINS AEROSPACE earned $821m on $5.9b sales in 2Q23 vs $546m on $5b in 2Q22; increase in sales was driven by 29% y-o-y increase in commercial aftermarket, a 14% increase in commercial OE, and a 5% increase in military.

GE AEROSPACE earned $1.5b on $7.9b revenues in 2Q23 vs $1.1b on $6.1b in 2Q22; it delivered 543 commercial engines (419 LEAPs) and 228 military engines vs 355 commercial engines (226 LEAPs) and 131 military a year ago.