Aerospace

MITSUBISHI AIRCRAFT changed its name to MSJ ASSET MANAGEMENT.
Aerospace

VMO AIRCRAFT LEASING, CA and H55, Switzerland teamed to develop leasing programs for new clean aviation products.
Aerospace

JOBY AVIATION signed $55m contract extension with USAF to deliver nine eVTOLs.
Aerospace

GE AEROSPACE earned $1.3b on $7b revenues in 1Q23 vs $908m on $5.6b in 1Q22.
Aerospace

PRATT & WHITNEY earned $415m on $5.2b sales in 1Q23 vs $151m on $4.5b in 1Q22.
Aerospace

COLLINS AEROSPACE earned $794m on $5.6b sales in 1Q23 vs $440m on $4.8b in 1Q22.
Aerospace

EMBRAER delivered seven commercial jets (two E1s/five E2s) in 1Q23 vs six (four E1s/two E2s) in 1Q22.
Aerospace

ENTROL has order from Aerotec for en-1000x FNPT II for Madrid facility.
Aerospace

LUFTHANSA GROUP and KARLSRUHE INSTITUTE OF TECHNOLOGY teamed to convert a Lufthansa A350-900 (209) into flying research lab to study climate during pax flights.
Aerospace

CFM INTERNATIONAL delivered 381 engines (15 CFM56/366 LEAP) in 1Q23 vs 254 (15 CFM56/239 LEAP) in 1Q22.
Aerospace

By Garrett Reim
Japanese startup ALE plans to launch another Sky Canvas satellite in 2024 that will dispense artificial meteorites.
Commercial Space

DUCOMMUN LABARGE TECHNOLOGIES completed acquisition of BLR AEROSPACE, WA (SPNWS; March 24).
Aerospace

Shen Bo to Deputy General Manager of COMAC, China.
Aerospace

BOEING teamed with Korean industry (KEIT and KIAT) to collaborate on advanced production systems for commercial aircraft manufacturing...
Aerospace

MTU AERO ENGINES had €134m net income on €1.5b revenues in 1Q23 vs €53m on €1.2b in 1Q22; it has €22.7b backlog.
Aerospace

HÉROUX-DEVTEK finalized new 3-year CBA with its employees at Longueuil.
Aerospace

BOEING plans to increase 787 production from three/month to five in late 2023 and 10 in the 2025/2026 timeframe.
Aerospace

BOEING says while near-term 737 MAX deliveries/production will be impacted by issues with vertical stabilizer fittings, it still expects to deliver 400-450 737s
Aerospace

BOEING had $425m net loss on $17.9b revenues in 1Q23 vs $1.2b loss on $14b in 1Q22.
Aerospace

By Steve Trimble
Taipei-based GEOSAT Aerospace and Technology Inc. and Sainte-Menehould, France-based Cavok UAS signed the agreement on April 23.
Advanced Air Mobility

By Jens Flottau
The move comes after Airbus had missed its 2022 delivery targets for the A320neo program by a significant margin.
Aircraft & Propulsion

By Michael Bruno
Boeing is sticking with its full-year and long-term guidance for narrowbody production and corporate financials but warns the ride will be bumpy.
Aircraft & Propulsion

By Tony Osborne
GKN Aerospace is preparing to begin initial tests of elements of its H2GEAR electric-aircraft powertrain research and technology project later this year.
Aircraft & Propulsion

By Guy Norris
Virgin Galactic completed the first glide flight of the updated SpaceShipTwo spaceplane VSS Unity from Spaceport America in New Mexico on April 26.
Commercial Space

By Tony Osborne
GKN Aerospace is gearing up to begin production of its first load-bearing additive-manufactured components.
Aircraft & Propulsion