HEICO FLIGHT SUPPORT earned $154m on $682m sales for third quarter ended July 31 vs $89m on $405m a year ago, its 16th consecutive quarter of sales growth; it posted 17% y-o-y organic net sales growth for its replacement parts line.
BOEING forecasts (in 2024 CMO) delivery in China of 8,830 aircraft, including 1,575 widebodies, over the next 20 years, increasing fleet to 9,740 aircraft by 2043 to satisfy 5.9% annual pax traffic growth; services market is valued at $780b.
After talks with Comac, Honeywell is prepared to scale up its long-term production to support the manufacture of more than 300 C919s in the next four years.
ECS Group, a provider in GSSA solutions, has appointed Zouber Hachemaoui as the new commercial director of its subsidiary, EFIS MAROC effective August , 2024.
Dubai-based Eanan Al Samma has conducted the first test flights of its Rikaz heavy-lift uncrewed cargo aircraft, reports Aviation Week’s Graham Warwick.