Launch of the stretched A220 earlier than 2026 would free production slots for the higher-margin A321 and A321XLR variants—but a few hurdles stand in the way.
Startup Samson Sky has conducted the first flight of the Switchblade, a true roadable aircraft planned to be initially offered as a kit for amateur assembly.
PRATT & WHITNEY has Royal Jordanian order to supply GTFs for 20 A320neo Family aircraft and 10 E190-/E195-E2s on order for delivery starting in late 2023; deal includes long-term EngineWise aftermarket maintenance agreement.
ROLLS-ROYCE completed compatibility testing of 100% SAF on all of its in-production civil engine types: Trent 700; Trent 800; Trent 900; Trent 1000; Trent XWB-84; Trent XWB-97; Trent 7000; BR710; BR725; Pearl 700; Pearl 15; Pearl 10X.
AIR FRANCE-KLM made US$4.7m investment in DG FUELS to support its initial Louisiana-based SAF plant; agreement includes option to purchase up to 25m gallons/75,000 tons of SAF annually over a multi-year period beginning in 2029.
PRECISION AVIATION GROUP secured additional financing via $400m single-asset secondary market transaction by GenNx360 Capital Partners (GenNx360 Aerospace Fund) to support accelerated organic growth/acquisition strategy.
BOEING forecasts (as part of CMO announced earlier this year) demand in Middle East for 3,025 aircraft (1,350 widebodies) over next 20 years, increasing fleet 2.4 times to 3,360; it also sees aftermarket services market of $335b.
VSE AVIATION plans in 1Q24 to open 45,000 sq ft distribution facility in Hamburg. It was also awarded six new distribution agreements worth $750m with several manufacturers; deals are expected to begin in 1Q24, with terms of 1-15 years.
CFM International partners GE Aerospace and Safran have completed the conceptual design review for the next-generation RISE open fan propulsion system.
