Aerospace

By Guy Ferneyhough
Rolls management’s top priority is regaining an investment-grade credit rating as work continues on reducing the engine-maker's debt pile.
Aircraft & Propulsion

VERTICAL AEROSPACE, UK lost £36m in 1H23 due to development costs for full-scale VX4 prototype. It has £89.7m cash.
Aerospace

BLUEBOX, UK was selected by AirJapan to provide Blueview IFE system for its 787s for startup in February 2024.
Aerospace

ASTRONICS announced that it has accepted purchase orders to provide certain electrical power distribution, conversion, and vehicle charge control capabilities.
Aerospace

KAMAN had $5.3m net income on $195.2m sales in 2Q23 vs $3.8m on $160.8m in 2Q22. It has $34.3m in cash.
Aerospace

JOBY AVIATION posted net loss of $286m in 2Q23, reflecting loss on the revaluation of derivative liabilities of $181m and operating expenses of $116m.
Aerospace

ALTA added Textron Aviation as new member.
Aerospace

ATI

ATI had $76m net income on $1b sales (58% aerospace/defense) in 2Q23 vs $38m loss on $959.5m (46%) in 2Q22.
Aerospace

TRIUMPH lost $12.8m on $327m sales in first quarter ended June 30 vs $10.3m loss on $349m a year ago.
Aerospace

AERO DESIGN LABS, TX says in-service testing of 737-800 with its drag reduction kit validated fuel and carbon emission reduction targets of 1.5-2%.
Aerospace

ZEROAVIA was selected by Surcar Airlines, Canary Islands to supply ZA600 hydrogen-electric engines for retrofit on its Twin Otter seaplanes.
Aerospace

TLG AEROSPACE, WA was selected by Eviation to design production configuration of all-electric Alice commuter aircraft.
Aerospace

By Ben Goldstein
Joby Aviation has confirmed the first flight of its initial production prototype S4 electric-vertical-takeoff-and-landing (eVTOL) air taxi.
Advanced Air Mobility

ROLLS-ROYCE CIVIL AEROSPACE earned £405m on £3.3b revenues in 1H23 vs £256m on £2.3b in 1H22.
Aerospace

By Tony Osborne
The defense relationship between Azerbaijan and Turkey is tightening through cooperation on the Kaan fighter, but Baku’s role in the program remains foggy.
Aircraft & Propulsion

By Guy Norris
While the issue disrupted deliveries to Boeing and impacted revenues, negative impacts will be partially offset by Spirit’s accelerating 737 production line.
Manufacturing & Supply Chain

By Garrett Reim
The material will be carried by a Northrop Grumman Cygnus cargo spacecraft as part of a commercial resupply service mission to the ISS.
Commercial Space

By Irene Klotz
Europe’s Airbus Defense and Space is upping its stake in the Voyager Space-led Starlab project.
Commercial Space

By Matthew Fulco
Among Triumph’s business lines, commercial aftermarket performed the best, on the back of continued improvement in overall air travel metrics.
Manufacturing & Supply Chain

By Mark Carreau
NASA has moved the planned launch of the SpaceX Crew-7 mission to the International Space Station (ISS) from Aug. 17 to Aug. 21.
Commercial Space

By Graham Warwick
Both Universal Hydrogen and ZeroAvia are developing hydrogen-electric retrofits for the ATR 72.
Aircraft & Propulsion

By Tony Osborne
Paulo Cesar de Souza e Silva served as CEO of Embraer between 2016 and 2019 and led the ultimately ill-fated tie-up with Boeing.
Aircraft & Propulsion

By Guy Norris
Virgin Galactic's spaceplane VSS Unity’s cockpit and structure were enhanced for higher-tempo operations and were tested in June on its first commercial flight.
Commercial Space

By Guy Norris
Launch risks, cryogenic and uranium fuel are among the challenges facing the agencies’ ambitious DRACO space nuclear thermal propulsion orbital demonstration.
Space

By Tony Osborne
Britain’s Orkney Islands are set to become the first region of the UK to have an uncrewed aircraft system mail delivery service.
Advanced Air Mobility