SpeedNews

THALES AVIONICS was selected by Qatar Airways to supply FlytEDGE cloud-native IFE system for its A321NXs.

Pablo Aguirre was promoted to President of AMTRA Aero, Tulsa; David Gantner was named President of AMTRA Aero Component Solutions.

JOBY AVIATION priced public offering of 40m shares, plus options for 6m, for $5.05 each to raise $202m.

GENERAL ATOMICS AEROTEC SYSTEMS (GA-ATS) certified its in-house Do228 flight simulator in Oberpfaffenhofen to FTD Level 2.

Jennifer Wilson Skuhrovec to Chief Financial Officer of SIFCO Industries, Cleveland.

L3HARRIS TECHNOLOGIES had $400m net income on $5.3b revenues in 3Q24 vs $383m on $4.9b in 3Q23.

BOEING launched concurrent offerings of 90m shares of common stock (par value $5 per share) and $5b depositary shares (1/20th interest per share; par value $1 per share); offering includes options for 13.5m shares/$750m depositary shares, increasing total raise to $19b. Goldman Sachs, BofA, Citigroup and J.P. Morgan are lead bookrunning managers.

CZECH REPUBLIC finalized contract to acquire two NATO-standard C-390s.

MOODY'S says IAM rejection of Boeing contract offer has little bearing on its Baa3 rating. It believes deal will be reached, whereby company could accommodate union's objective of 40% compensation increase but not the pension demand.

CFM INTERNATIONAL delivered 365 LEAP engines in 3Q24 vs 389 in 3Q23, citing ongoing supply chain issues.

SAFRAN GROUP had €6.6b revenues in 3Q24 vs €5.8b in 3Q23; Propulsion increased 9.2% (civil aftermarket up 20.5%) and Aircraft Interiors increased 28.4%, although still 4% down from 2019. Revenue for year is up 17.4%.