SpeedNews

ATR announced decision to focus on further boosting competitiveness of its current products and will stop development of the PW127XT-L-powered ATR 42-600S STOL variant. It has identified several product improvements (TBA).

HONEYWELL and CURTISS-WRIGHT teamed to develop 25-hour CVR and FDR to meet 2024 FAA Reauthorization Act directive mandating longer recording capability.

TELEDYNE CONTROLS received FAA STC to install its new onboard enhanced Airborne Data Loader (eADL XS) on 737NG.

FLYHT AEROSPACE SOLUTIONS has WestJet order to supply its TSO-approved AFIRS 228S SATCOM for 737-10s on order.

LOAR had $8.7m net income on $103.5m sales in 3Q24 vs $2.9m on $82.8m in 3Q23; it raised 2024/2025 guidance.

Marc Parent, President and CEO of CAE, announced his retirement (effective August 2025); successor is TBA.

CAE had C$52.5m net income on C$1.14b revenues for second quarter ended Sept 30 vs C$58.4m on C$1.05b a year ago. Civil Aviation earned C$94.7m on C$641m vs C$88.4m on C$573m; it delivered 18 full-flight simulators vs 11.

SPIRIT AEROSYSTEMS secured non-interest-bearing line of credit of $107m from Airbus to fund production.