BOEING held a 'Quality Stand Down' at Renton on Jan 25, suspending 737 production for day to enable workers to take part in working sessions focused on quality. It plans additional Quality Stand Downs at other factories over next two weeks.
NAC MATERIALS was formed by Nordic Aviation Capital for sourcing, leasing and trading ATR airframe and engine components. It will also manage NAC’s remaining CF34 engine inventory as it phases out current E190/195 leased fleet.
AIRBUS opened 717,000 sq meter Lifecycle Services Centre in Chengdu for aircraft parking/storage (capacity for 125 aircraft), maintenance, upgrades/conversions and dismantling, as well as the controlled distribution of used parts.
UK startup ARC Aerosystems has secured the first sale of its Pegasus two-seat autogyro, the jumping off point for its planned Linx family VTOL aircraft.
PRATT & WHITNEY earned $382m on $6.4b sales in 4Q23 vs $306m on $5.7b in 4Q22; and lost $1.5b (includes $2.9b in charges taken in 3Q23 related to GTF power metal issue) on $18b in 2023 vs $1.1b profit on $20.5b in 2022. It delivered 3,144 engines (875 large commercial/2,063 P&WC) in 2023 vs 2,896 (712/1,965) in '22; orders were not disclosed.
ELECTRA.AERO, VA has now secured pre-order sales of >2,000 eSTOL aircraft (with market value exceeding $8b) after receiving LOIs from JETSETGO AVIATION SERVICES, India, LYGG, Finland and CHARM AVIATION, NYC.
SKYBORNE AIRLINE ACADEMY signed LOI to order 30 eFlyer trainers, increasing commitment to 40, from BYE AEROSPACE, which now has commitments for 889 eFlyers valued at $570m and total aviation line orderbook of >$1.4b.
LIEBHERR-AEROSPACE TOULOUSE and ISAE-SUPAERO teamed to establish in industrial chair, co-financed by the French National Research Agency, to develop methods and tools for design of aerodynamic turbomachine wheels.
