GE AEROSPACE had $1.45b net income on $9.1b revenues in 2Q24 vs $1.51b on $8.8b in 2Q23; it delivered 402 commercial engines (297 LEAPs) vs 543 (419 LEAPs) and says it is addressing supply chain constraints at its top 15 suppliers.
SIEMENS SMART INFRASTRUCTURE was selected by Eve to help evaluate the electrical infrastructure and energy management services needed for eVTOL aircraft and demand for these services across US as AAM industry grows.
ATI announced $4b in new sales commitments through 2040, mainly for nickel alloys serving the jet engine market, with majority of revenue (about $2.2b) delivered by 2030, including estimated $500m in 2025 and $550m in 2027.
ZEROAVIA has conditional purchase agreement from ASL Aviation Holdings to supply 10 hydrogen-electric engines, plus options for 10, for retrofit on ATR aircraft. ASL has now committed to paying deposits to secure delivery slots.
ALLCLEAR REPAIR SERVICES, FL was approved by Honeywell as authorized service center for APUs and components, including pneumatics, starter control valves, anti-ice valves, and wheels and brakes, used on military aircraft platforms.
PRATT & WHITNEY has SKY Airline order to supply GTFs for 10 A321XLRs, plus options for 29 A320neo Family aircraft, in deal that includes EngineWise service agreement.
ZEROAVIA was awarded £10.5m in UK Govt funding through the ATI strategic program to further develop its high temperature fuel cell technology in collaboration with University of Kent, Coventry University and University of Sheffield.
STANDARDAERO was selected by Boom to assemble Symphony engines at San Antonio. BOOM says it is already building and rig-testing Symphony hardware, starting with combustor aerodynamics; and the first 3D-printed parts have been produced for engine, including fuel nozzles and turbine center frames. Core is to be operationaly in late 2025.
ALTAIR signed MOU with University of Nottingham to develop solution to rapidly design, validate, and test electric propulsion systems using its HyperWorks design and simulation and RapidMiner data analytics and AI platforms.
Leonardo is talking to Airbus and Thales about linking their satellite manufacturing businesses, officials say—which could help the companies to deal with slow demand.
Embraer is introducing an automatic takeoff function onto its E2 family of passenger jets, leading to much-enhanced range capabilities from short runways.
Speaking at Farnborough Airshow, Boom founder and CEO Blake Scholl shared plans to begin full-scale core tests of its Overture airliner's Symphony engine in 18 months.
Airbus, Air France-KLM, Qantas and a collection of other partners are investing a total of around $200 million in a sustainable aviation fuel financing fund
British Airways has improved the performance of its Airbus A320neo fleet through enhanced use of data and analytics, as it works through a transformation plan.
