During an earnings call, Hexcel’s management highlighted “new challenges and shortages” in the supply chain that are adversely affecting production rates.
GE AEROSPACE earned $1.8b on $9.8b revenues in 3Q24 vs $1.6b on $9.3b in 3Q23; Commercial Engines & Services orders rose 29% to $9.8b. It delivered 501 commercial engines (365 LEAPs) during quarter vs 520 (389) a year ago.
QUANTUM CONTROL (CAMP Systems) and CORRIDOR launched AI-based SalesEdge Quoting automated parts pricing tool that simplifies quoting process by consolidating RFQs from multiple marketplaces, emails, and manual entries.
PRATT & WHITNEY earned $557m on $7.2b sales in 3Q24 vs $2.5b loss on $926m in 3Q23, which included charge related to previously announced GTF powder metal matter that reduced sales by $5.4b and operating profit by $2.9b. It delivered 807 engines (252 large commercial/521 P&W Canada/34 military) in 3Q24 vs 816 (261/500/55) a year ago.
COLLINS AEROSPACE earned $1.1b on $7.1b sales in 3Q24 vs $903m on $6.6b in 3Q23; increase in sales was driven by 14% increase in defense and 9% increase in commercial aftermarket, partially offset by 8% decrease in commercial OE.
Sanad has announced the sale of 16 aircraft engines to Etihad Airways - a landmark agreement valued at approximately USD 408,387,000. (AED 1.5 billion.).
EMBRAER delivered 16 commercial jets in 3Q24 vs 15 in 3Q23, and 42 in first nine months of 2024 vs 39 a year ago; it ended the quarter with firm order backlog of 374 aircraft (vs 291 a year ago): 175 E175s; 27 E190-E2s; 172 E195-E2s.
