Ihssane Mounir, Boeing senior VP for global supply chain and fabrication, told a key supplier conference that suppliers and the OEM owe each other transparency.
The GoAero organization has launched a competition to develop and test a vertical-takeoff-and-landing aircraft in simulated emergency response missions.
COSMIC AEROSPACE, Denver raised $4.5m in seed financing to accelerate development of its electric aircraft with range of 1,000 km (>600 miles); its full-scale flight demonstrator is on track for first flight in 2026/entry into service by 2030.
AIRBUS delivered 30 aircraft (two A220s; 26 A320neo Family; two A330s) in January vs 20 (two A220s; 16 A320s; A330; A350) in Jan '23. It firmed up previously announced order from ETHIOPIAN AIRLINES for 11 A350-900s (SPNWS; Nov 17).
NTSB confirmed four bolts needed to secure exit door (MED) plug on Alaska Airlines' 737-9 were removed on Boeing's factory floor (by Spirit AeroSystems' workers) as part of pre-delivery repair of damaged fuselage and never re-installed.
HEROUX-DEVTEK had C$9m net income on C$163.5m sales in third quarter ended Dec 31 vs C$1.8m on $141m a year ago; Civil sales were up 41.4%, mainly driven by increased landing gear deliveries for 777 and Praetor programs.
TRIUMPH had $15.9m net income on $285m sales in third quarter ended Dec 31 vs $11m profit on $262m a year ago; excluding impacts from divestitures and exited/sunsetting programs, organic Commercial OEM sales increased 27.5%.
MRCY’s revenue fell to $197.5 million from $229.6 million a year earlier, while earnings per share were -$0.42, well below a consensus estimate of $0.07.
The head of Airbus Helicopters reaffirmed at WDS that Saudi Arabia remains a key market for the European OEM, with a strong military presence and a growing civil market.
A long-standing Royal Saudi Air Force fighter requirement is now being contested by the Dassault Rafale, the Boeing F-15EX, and the Eurofighter Typhoon.
Doug Ackerman, vice president for supplier quality at Boeing Commercial Airplanes, updated a key supplier conference on the nature of its supply chain problems.
