The ES1000, from Beijing-based manufacturer Yifei Aviation Technology, uses distributed hybrid-electric propulsion and blown lift for short takeoff and landing.
Contrails from hydrogen-fueled aircraft may form more readily and be more widespread than those from jet-fueled aircraft but have less of a climate impact.
AIRBUS says A220 program continues towards a monthly production rate of 14 aircraft in 2026; A320 Family program continues to ramp up towards a rate of 75 aircraft per month in 2027; A330 production is stabilizing at four per month; and A350 production targeted at rate of 12 per month in 2028. It is actively managing supply chain challenges.
AIRBUS posted €983m net profit on €15.7b revenues in 3Q24 vs €806m on €14.9b in 3Q23; Commercial Aircraft earned €904m (vs €783m) on 5% higher revenues and says it still plans to deliver ~770 aircraft in 2024, meaning 273 in 4Q24.
THYSSENKRUPP AEROSPACE secured 2-year contract extension with SKF to supply steel, stainless steel, titanium, aluminum and copper at Lons le Saunier, France. It delivered 187 tons to SKF in 2023 (180 tons so far in 2024).
Tekever, a provider of unmanned aerial systems (UAS), has signed an MoU with Droneway, a distributor of civil and tactical drones in Morocco and North Africa.
BOEING priced/upsized planned concurrent offerings to (1) 112.5m shares of common stock (par value $5 per share) at $143 each and (2) $5b depositary shares, representing 1/20th interest per share (par value $1 per share) at $50 each; it is projecting net proceeds of $20.72b before over-allotments.
