The General Authority of Civil Aviation (GACA) of Saudi Arabia will showcase its leadership role in the civil aviation sector during the World Defense Show (WDS).
More details are emerging about Airbus' plans for a new clean-sheet narrowbody, but when could it launch and will it generate significant emissions savings?
A new contract awarded to Raytheon aims to expand the application and understanding of high-power microwave weapons beyond capabilities now entering service.
HONEYWELL AEROSPACE posted $1b operating profit on $3.7b sales in 4Q23 vs $890m on $3.2b in 4Q22 (4Q23 was its sixth consecutive quarter of double-digit organic growth); and $3.7b on $13.6b in 2023 vs $3.2b on $11.8b in 2022.
TORAY ADVANCED COMPOSITES launched Life Cycle Assessment (LCA) program to quantify/reduce the environmental impact of its manufacturing processes for Cetex thermoplastic composite materials (initially at Nijverdal, Netherlands).
Speaking recently to the AAM Report, Eric Allison, Joby’s head of product, said that he views FBOs as a key part of the “first leg of the infrastructure stool.”
BOEING COMMERCIAL AIRPLANES posted $1.6b operating loss on $33.9b in 2023 vs $2.3b loss on $26b in 2022; 4Q23 profits were positive. It says 787 production rate is now at five per month and 737 program is now at 38 per month.
AIRBUS signed MOU with Avinor, SAS, Swedavia and Vattenfall to investigate the feasibility of a hydrogen infrastructure , including hydrogen aircraft concepts/operations, supply, infrastructures and refueling, at airports in Sweden and Norway.
BOEING had $30m net loss on $22b revenues in 4Q23 vs $663m loss on $20b in 4Q22 and $2.2b net loss on $77.8b in 2023 vs $5.1b loss on $66.6b in 2022; its y-o-y backlog rose 29% to $520b. However, it postponed guidance for 2024.
