BOEING forecasts (as part of CMO announced earlier this year) demand in Middle East for 3,025 aircraft (1,350 widebodies) over next 20 years, increasing fleet 2.4 times to 3,360; it also sees aftermarket services market of $335b.
VSE AVIATION plans in 1Q24 to open 45,000 sq ft distribution facility in Hamburg. It was also awarded six new distribution agreements worth $750m with several manufacturers; deals are expected to begin in 1Q24, with terms of 1-15 years.
CFM International partners GE Aerospace and Safran have completed the conceptual design review for the next-generation RISE open fan propulsion system.
Full-scale mock-ups of two large, uncrewed rotorcraft made by China's Flightwin Innovation Technology are making their international debuts at Dubai Airshow.
Rolls-Royce has recorded the highest power yet achieved by a gear-driven turbofan after running the UltraFan technology demonstrator at maximum thrust.
Boeing has revealed initial details of how the long-delayed certification effort for its 777-9 will be structured, with WH003 set to play a leading role.
HÉROUX-DEVTEK had C$4.6m net income on C$141.5m sales in second quarter ended Sept 30 vs C$4.8m on C$132.7m; civil sales were up 29.8% to C$53.6m, driven by increased deliveries for the Boeing 777 and Embraer Praetor programs.
BOEING forecasts (as part of CMO announced earlier this year) demand in Southeast Asia for 4,225 aircraft (83% growth/17% replacement), including 770 widebodies, through 2042; it also sees aftermarket services market of $310b.