BOEING forecasts (as part of CMO announced earlier this year) demand in Southeast Asia for 4,225 aircraft (83% growth/17% replacement), including 770 widebodies, through 2042; it also sees aftermarket services market of $310b.
HÉROUX-DEVTEK had C$4.6m net income on C$141.5m sales in second quarter ended Sept 30 vs C$4.8m on C$132.7m; civil sales were up 29.8% to C$53.6m, driven by increased deliveries for the Boeing 777 and Embraer Praetor programs.
The co-founder and CEO of beleaguered Astra Space is spearheading a proposal to take the rocket launch startup private via a roughly $30 million offer.
An industry team has been awarded the next phase of a project to develop a concept of operations for advanced air mobility for the Japan Civil Aviation Burea..
BOOM announced multiple milestones across the Overture airliner (Superfactory construction ahead of schedule), Symphony engine (completed Conceptual Design Review), and XB-1 supersonic demonstrator programs (first flight by end 2023). It also secured investment from Saudi Arabia's NEOM Investment Fund (NIF) and has now raised >$700m.
JETSTAR plans upgrade for its 787s through late 2025 that includes overhauling the economy and business class cabins with new RECARO aircraft seats, inflight connectivity (replacing seat back screens) and lie-flat crew rest areas.
