Wright Electric has begun building a test cell to characterize the performance of its megawatt-scale electric propulsion systems for large commercial aircraft.
Joby's agreement with the Abu Dhabi government is intended to support an air taxi ecosystem in the UAE where the company wants to launch service in 2025.
Archer Aviation has signed a framework agreement showcasing the latest in advanced urban mobility, driving discussions, collaboration, and innovation across the sector.
BOEING opened new research and technology center in Nagoya, Japan to develop sustainable technologies to support decarbonization of aviation by focusing on digital simulation toolsets, composites, SAF and hydrogen propulsion.
PARKER AEROSPACE joined HyFIVE consortium of industry and academic partners to develop liquid hydrogen fuel system and supply chain supporting zero-emission aviation in the 2030s; committed program funding totals US$46.5m.
BOEING says key to restoring MAX production from less than 38 per month to 50 is ensuring fuselages delivered from Wichita are clean, following on-site inspections, eliminating travel work; its first objective is to get back to 38 per month. It also plans by end of 2024 to deliver most of the MAX (110 aircraft) and 787 (60) inventories and shut down shadow factories.
BOEING had $355m net loss on $16.6b revenues in 1Q24 vs $425m loss on $17.9b in 1Q23, reflecting lower 737 deliveries and 737-9 grounding customer considerations (BCA had -24.6% operating margin). It has $528.7b backlog.
The opening of a Boeing Research and Technology center in Nagoya heralds a new push by the OEM to focus on sustainable aviation technologies and innovation in the country.
The aerospace industry is about to face new constraints in raw material supply, due to geopolitical tensions and needs for emerging technologies, GIFAS said.
