Aerospace

CFM INTERNATIONAL booked Xiamen Airlines order to supply LEAP-1As/MRO services for 40 A320neo Family aircraft.

HEART AEROSPACE added Copenhagen Airport to its Advisory Board to provide input on design/development of ES-30.

SIGNIA AEROSPACE (Arcline Investment Management) acquired MEEKER AVIATION, CA (external payload mounts).

EMBRAER had $61m net income on $1.3b revenues in 3Q23 vs $30.2m loss on $929m revenues in 3Q22; it ended quarter with $17.8b backlog. Commercial Aviation revenues rose 68% vs 3Q22 and are up 52% in Jan-Sept vs a year ago.

Jason Johnson to Chief Commercial Officer of Peloton Aerospace, Fort Worth, TX.

GKN AEROSPACE signed agreement with GE Aerospace to develop new technologies to reduce carbon emissions and costs, supply GEnx, CF6, GE90 and GE9X fan cases, and join GEnx engine repair network to support >2,000 engines.

The AAM Stock Composite rebounded by more than 12% during the week ending Nov. 3, reversing a stretch of large weekly losses.

Rotary engine and hybrid power system developer LiquidPiston has raised $30 million through a crowdfunding campaign on DealMaker.

The Korea Aerospace Research Institute has flown its electric- vertical-takeoff-and-landing technology demonstrator in public for the first time.

Brazilian startup Moya Aero has secured another customer for its high-capacity electric-vertical-takeoff-and-landing uncrewed aircraft.

South Korean automotive engine component supplier Sambo Motors has unveiled a single-seat personal eVTOL vehicle.

Norway’s Andøya Spaceport has opened new facilities to enable satellite launches from the High North of Scandinavia.

Emirati defense conglomerate Edge Group has purchased a majority stake in Switzerland-based vertical-takeoff-and-landing UAS developer Anavia.

The design of the Extra Performance Wing combines the reduced drag of a high-aspect-ratio wing with the greater efficiency of an adaptive profile.

China’s iSpace has completed the country’s first test of a reusable rocket, performing a 50-sec. "hop" with the first stage of its Hyperbola-2 launch vehicle.

GKN Aerospace has strengthened its position on several GE engine programs through a new, wide-ranging agreement.

Royal Jordanian recorded a JD27.5 million (US$ 38,770) net profit after tax in the third quarter of 2023.

The threat of intense air attacks from UAVs, missiles and rockets are increasing and many defence contractors will be at next week’s Dubai International Air Show ready to counter these threats.

U.S. Air Force welcomes eCTOL; simulating hydrogen turnaround; China’s TCab flies eVTOL; and flying quantum sensor.

Days after a ransomware group claimed responsibility for a cyber breach, Boeing confirmed a cyberattack was affecting online Global Services operations.

Archer Chief Commercial Officer Nikhil Goel sat down again with the AAM Report.

Volocopter has conducted crewed flight tests of its 2X electric- vertical-takeoff-and-landing (eVTOL) prototype at Tampa International Airport (TPA) in Florida.

SpaceX’s internet-beaming Starlink satellite division has reached cash flow breakeven, CEO Elon Musk says.

The German startup describes the flights as the first by an eVTOL at large international airport in the U.S.

The six Survice-Malloy TRV-150C octorotors are now operational in the Third Littoral Logistics Battalion at Kaneohe Bay, Hawaii.