Aerospace

Emirates SkyCargo has hosted discussions on topics in logistics and world trade and the challenges faced by the global supply chains during World Trade Organisation Ministerial Conference (WTO MC13).

Saudia Group will participate in the MRO Middle East 2024, taking place in Dubai on 5-6 March represented by Saudia Technic.

Five initiatives that small and medium-size enterprises can take to improve their cash conversion cycle.

The rotorcraft-maker’s new president, David Smith, is already making an impact on the company.

Financial analysts and industry observers respond to the news that Spirit AeroSystems is mulling some kind of sale, including to Boeing and Airbus.

The startup is working hard to secure the necessary permits and approvals for its first two vertiport sites in its planned Rome network.

Volocopter has received an extension to its Production Organization Approval from Germany’s aviation authority.

RECARO was selected by Germany's Condor to provide seats for 41 A320s/A321s on order for delivery in 2024-2028.

GE set launch date of April 2, 2024 for GE VERNOVA and GE AEROSPACE.

Sora Aviation plans to develop a 30-passenger large tiltrotor eVTOL called the S-1.

flydubai was recognised in two categories at the Aviation Achievement Awards.

The environment for mergers and acquisitions in the aerospace and defense sector is improving amid a decrease in the cost of capital, experts say.

With pandemic delays, production halts and divestitures over, the Schweizer 300C/CBi will “start growing.”

The country’s ministers, engineers and industry leaders have waited almost 14 years for the 13-min. first flight of the prototype Kaan on Feb. 21.

An airline operator pre-working group will guide plans for the commercial blended wing body as subscale flight tests pave way for a multirole demonstrator.

Scrappy Houston startup Intuitive Machines puts the U.S. back on the surface of the Moon.

The JAXA Smart Lander for Investigating Moon set a standard Intuitive Machines hopes to meet with its Odysseus lunar lander soon.

Lockheed Martin Ventures participated in a $15 million Series A funding round for Elve Inc., a startup developing millimeter wave amplifiers.

TRIMAS AEROSPACE earned $15.5m on $241.4m sales in 2023 vs $8.1m on $188.1m in 2022; 4Q23 sales rose 26%.

MTU AERO ENGINES had €97m net loss (GTF fleet management plan had €1b impact) on €5.4b revenues in 2023 vs €333m profit on €5.3b in 2022; commercial maintenance revenues rose 17%. It has €24.4b backlog vs €22.3b a year ago.

ST ENGINEERING had S$586.5m net profit on S$10.1b revenues in 2023 vs S$535m on S$9b in 2022, and ended year with record backlog of S$27.4b (S$7.9b to be delivered in 2024); y-o-y Commercial Aerospace revenues increased 31%.

This week’s Flight Friday looks at the progress larger Middle East operators have made when compared to 2019 flight utilization.

MTU Aero Engines continues to seek financial compensation from its partner Pratt & Whitney after GTF-related costs led to the German company's first ever loss.

His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, yesterday attended the 11thArab Aviation Summit (AAS).

Bell has signed an Agreement with Abu Dhabi Aviation to establish its role as an authorised Bell Customer Service Facility (CSF).