SpeedNews

HEXCEL had $16.1m net income on $1.3b sales in 2021 vs $31.7m on $1.5b in 2020; commercial aerospace fell 18.7%.
Aerospace

Dómhnal Slattery to Non-Executive Chairman of Vertical Aerospace, UK.
Aerospace

LILIUM moved one technology demonstrator to ATLAS Flight Test Center in Villacarrillo, Spain for upgraded flight testing.
Aerospace

ONTIC has acquired the type certificates of Fairchild Merlin, Metro II/III/IV and C-26 from M7 Aerospace. It will maintain complete life-cycle support
Aerospace

BOEING incurred $3.5b pre-tax, non-cash charge on 787 program and $285m of abnormal cost in 4Q21 and now expects about $2b in total abnormal costs for
Aerospace

BOOM SUPERSONIC plans to build 400,000 sq ft Overture Superfactory manufacturing facility at Piedmont Triad Intl. Airport in Greensboro, NC for 2024
Aerospace

BOEING says the supply chain is currently not a contraint, but it is a key watch item for future production rates.
Aerospace