AERSALE, FL had $0.14m net loss on $92.5m revenues in 3Q23 vs $9m profit on $51m in 3Q22; it completed flight equipment sales of $44.8m (seven engines and a 757-200F) with several sales, including another 757-200F, moved to 4Q23.
U.S. startup Rotor Technologies has completed a flight test campaign with a pair of Robinson R22 light helicopters converted to autonomous flight control.
The SLC-40 upgrade has been spurred by SpaceX’s plans to launch the Starship Super Heavy from Kennedy Space Center’s Launch Complex 39B, but NASA had concerns.
The Emirates Group today announced its best-ever six-month financial result. The Group is reporting a 2023-24 half-year net profit of AED 10.1 billion (US$ 2.7 billion), surpassing its record half-year profit of AED 4.2 billion (US$ 1.2 billion) last year by 138%.
As E-2Cs retire, the service begins phased upgrades to the E-2D fleet, ending with the biggest modernization since it began fielding Advanced Hawkeyes in 2007.
AIRBUS confirms production ramp-up on A220 program is continuing towards rate of 14 aircraft/month in 2026 and rate on A320 Family program is progressing well towards previously announced 75 aircraft per month in 2026. It has decided to increase production rate of A350 to 10 per month in 2026 and continues to target rate of four A330s per month in 2024.
AIRBUS had €806m net income on €14.9b revenues in 3Q23 vs €667m on €13.3b in 3Q22; Commercial Aircraft earned €783m (vs €763m) on 22% higher revenues and says it still plans to deliver ~720 aircraft in 2023 (232 in 4Q23).
Frank Calvelli, the assistant secretary of the Air Force for Space Acquisition and Integration, spoke at Aviation Week’s A&D Programs conference on Nov. 7.