Aerospace

JETTAINER plans to open lease&fly ULD leasing service at Shanghai Pudong in partnership with PACTL WEST.

James Larner to Chief Financial Officer of Nasmyth, UK.

Keith Johnson to Vice President and General Manager of Professional Aircraft Accessories, FL.

HOWMET AEROSPACE had $188m net income on $1.7b sales in 3Q23 vs $80m on $1.4b in 3Q22; it has $424m cash.

VSE AVIATION earned record $21m on record $152.4m revenues in 3Q23 vs $6.5m on $102.6m in 3Q22.

ATI had $75.7m net income on $1.03b revenues (61% aerospace) in 3Q23 vs $61.1m on $1.03b (58%) in 3Q22.

DIEHL AVIATION OPERATION SUPPORT SERVICES (TIANJIN) was formed to provide on-site support to A320 final assembly line and additional products and services to Chinese market. It also opened customer support office in Beijing.

THALES AEROSPACE booked €1.05b in new orders in January-September 2023 vs €1.25b a year ago; sales rose 9.8%.

U.S. ethanol producers have been lobbying the Biden administration to allow use of the GREET model.

Kuva Space of Finland has raised €16.6 million ($17.6 million) in funding to start building and launching a hyperspectral cubesat constellation.

The company is now gradually ramping up production, despite inflation and its exposure to Airbus’ A350 program.

This weeks’ #FlightFriday looks at current in-production passenger widebody aircraft, amid a recent run of orders for the type.

Pat Shanahan is committed to eliminating disruptions at Spirit, saying: “The mindset I have is that we can be zero defects. We can eliminate all defects."

The OEM is growing its experimental helicopter fleet to help shape technologies for its advanced air mobility ambitions.

SPIRIT AEROSYSTEMS had $204m net loss on $1.4b revenues in 3Q23 vs $128m loss on $1.3b in 3Q22 and ended quarter with $374m in cash (vs $671m) and $42.2b backlog; it delivered 332 shipsets (83 737s) vs 316 (69) a year ago.

HUGHES NETWORK SYSTEMS was selected by Delta to provide inflight connectivity for >400 717s and regional jets.

DAE earned $207.5m on $898m revenues in Jan-Sept 2023 vs $200.6m on $854m a year ago. It has $3.8b in liquidity.

TORAY INDUSTRIES developed TOAYCA T1200, its highest strength carbon fiber at 8.0 gigapascals (100 kg force per sq mm), 10% higher than T100.

Dómhnal Slattery was named Chairman of SpinLaunch, Long Beach, CA.

SkyFly is developing the two-seater Axe aircraft, which can take off and land both conventionally and vertically.

With this fresh funding round, Skyroot has raised a total of $95 million, top among Indian space startups.

Ovzon of Sweden plans to launch its Ovzon 3 geostationary communications satellite, which has an antenna that can generate steerable spot beams, as soon as December 2023.

Universal Hydrogen (UH2) has demonstrated loading and unloading of its liquid hydrogen modules on an ATR 72 test aircraft at Toulouse Blagnac Airport.

Prediction, digitization and leveraging AI are where almost all MROs converge in their hopes for the future.

Collins Aerospace is developing a family of electric motors and motor controllers to meet aircraft needs in hybrid-electric propulsion and electric systems.