The UK petroleum giant is scaling back plans to develop new sustainable aviation fuel (SAF) and renewable diesel production projects in Europe and the U.S.
Airbus is considering major changes to its space operations after a program review identified almost $1 billion in higher costs on critical satellite contracts.
The airframer projects it will reach historic E-Jet peak production in a few years, while studies for a larger narrowbody include wing and fuselage concepts.
LEONARDO, Italy selected its site at Grottaglie for final assembly of AW609 as it is pausing production of composite center fuselage barrels for 787 for four months in order to align production with short-term reduction in demand.
AIRBUS says it is facing persistent supply chain issues, mainly in engines, aerostructures and cabin equipment, and now intends to deliver 770 commercial aircraft in 2024 (vs previous plan for 800) and continues to ramp up towards a rate of 75 A320 Family aircraft per month, which is now expected in 2027 (vs 2026). It plans to disclose first half results on July 30.
STRATASYS, Israel made strategic investment in Latvia's AM CRAFT as part new partnership to develop/produce flight-certified 3D printed parts for the aviation industry. AM Craft hold an EASA Part 21G Production Organization Approval.
Airbus no longer expects to reach its target of producing 75 A320neo family aircraft per month in 2026 and has cut back its delivery guidance for 2024.
NASA and Boeing are moving the CST-100 Starliner Crew Flight Test mission return to Earth to enable further evaluation of the spacecraft's propulsion system.
