Aerospace

By Ben Goldstein
Colorado-based vertical-takeoff-and-landing (VTOL) startup XTI Aircraft has announced a reverse merger with real-time location services provider Inpixon.
Advanced Air Mobility

NASA and BOEING unveiled livery of X-66A (modified MD-90) with transonic truss-braced wing for testing to reach net-zero greenhouse gas emissions; they also announced that Alaska Airlines, American, Delta, Southwest and United will join team to provide input on operational efficiencies, maintenance, handling characteristics and airport compatibility.
Aerospace

HEXCEL had $85.2m net income on $912m sales in 1H23 vs $62.5m on $783.6m in 1H22; Commercial Aerospace sales of $548.8 million increased 22.9% (22.5% in constant currency) vs 1H22, driven by A350, A320neo and 787 programs.
Aerospace

MAGNIX and NASA unveiled livery for hybrid electric aircraft being developed under Electrified Powertrain Flight Demonstration (EPFD) project. AEROTEC and AIR TINDI joined team to test its hybrid powertrain on modified Dash 7.
Aerospace

BOEING forecasts need for 649,000 pilots, 690,000 maintenance technicians and 938,000 cabin crew members over next 20 years (+7.9% vs '22 forecast) to support global commercial fleet, projected to double to 48,575 aircraft by 2042.
Aerospace

AKZONOBEL earned €461m on €5.4b revenues in 1H23 vs €437m on €5.4b in 1H22; it cited aerospace growth.
Aerospace

GE AEROSPACE and NASA unveiled livery for hybrid electric aircraft being developed under Electrified Powertrain Flight Demonstration (EPFD) project. BOEING and AURORA FLIGHT SCIENCES will support flight tests of modified Saab 340B.
Aerospace

EP SYSTEMS, UT was selected by Elfly Group to supply battery for its all-electric seaplane now under development.
Aerospace

PAN AM FLIGHT ACADEMY, Miami qualified its L3Harris 737-8 full-flight simulator to Level D in preparation to begin pilot training from August 1.
Aerospace

CITIC PACIFIC SPECIAL STEEL, China received TPG program accreditation.
Aerospace

PRATT & WHITNEY earned $230m on $5.7b sales in 2Q23 vs $302m on $5b in 2Q22. It delivered 772 engines (191 large commercial; 74 military; and 507 PW&C) vs 698 (177 large commercial; 62 military; and 459 PW&C) a year ago and says it anticipates a significant portion of the PW1100G-JM fleet will require accelerated removals/inspections by mid-'24.
Aerospace

COLLINS AEROSPACE earned $821m on $5.9b sales in 2Q23 vs $546m on $5b in 2Q22; increase in sales was driven by 29% y-o-y increase in commercial aftermarket, a 14% increase in commercial OE, and a 5% increase in military.
Aerospace

GE AEROSPACE earned $1.5b on $7.9b revenues in 2Q23 vs $1.1b on $6.1b in 2Q22; it delivered 543 commercial engines (419 LEAPs) and 228 military engines vs 355 commercial engines (226 LEAPs) and 131 military a year ago.
Aerospace

IAG

IAG invested in NOVA PANGAEA TECHNOLOGIES, UK for SAF production.
Aerospace

IRIDIUM introduced Certus inflight connectivity service (uses L-band satellite frequencies) as complement to Ka/Ku band services for commercial aircraft pax cabin connectivity and as primary service for small-to-mid-size business jets.
Aerospace

SAFRAN agreed to acquire Collins Aerospace's actuation and flight control activities for cash based on $1.8b enterprise value; business has eight facilities in Europe (France/UK/Italy) and Asia and includes MRO and engineering capabilities.
Aerospace

By Sean Broderick
The process will start with a surge of checks in the next few months.
Aircraft & Propulsion

By Matthew Fulco
Shares of RTX, formerly known as Raytheon Technologies, dove 14% per-share during regular trading July 25.
Aircraft & Propulsion

By Thierry Dubois
Airbus is gathering clearer ideas on airport needs, but funding has yet to grow.
Emerging Technologies

By Garrett Reim
The startup asserts that its radio-­frequency electric propulsion unit is easier to manufacture.
Commercial Space

By Garrett Reim
The startup plans to develop its largest space vehicle, the Helios.
Commercial Space

Aviation Week Staff
Opener has unveiled an early access program for its Blackfly ultralight personal eVTOL to gain feedback from initial owners and prepare for commercial launch.
Advanced Air Mobility

The sell-off came after a J.P. Morgan analyst downgraded Joby Aviation’s stock from neutral to underweight.
Advanced Air Mobility

By Graham Warwick
United says it is exploring options to move its Aviate pilot training academy to electric-powered aircraft and away from internal combustion.
Airlines & Lessors

By Chen Chuanren
Comac Times (Shanghai) Aviation has been set up to supply aerospace components and batteries as China looks to develop electrically powered aircraft.
Aircraft & Propulsion