BOEING says key to restoring MAX production from less than 38 per month to 50 is ensuring fuselages delivered from Wichita are clean, following on-site inspections, eliminating travel work; its first objective is to get back to 38 per month. It also plans by end of 2024 to deliver most of the MAX (110 aircraft) and 787 (60) inventories and shut down shadow factories.
PARKER AEROSPACE joined HyFIVE consortium of industry and academic partners to develop liquid hydrogen fuel system and supply chain supporting zero-emission aviation in the 2030s; committed program funding totals US$46.5m.
BOEING opened new research and technology center in Nagoya, Japan to develop sustainable technologies to support decarbonization of aviation by focusing on digital simulation toolsets, composites, SAF and hydrogen propulsion.
BOEING had $355m net loss on $16.6b revenues in 1Q24 vs $425m loss on $17.9b in 1Q23, reflecting lower 737 deliveries and 737-9 grounding customer considerations (BCA had -24.6% operating margin). It has $528.7b backlog.
The opening of a Boeing Research and Technology center in Nagoya heralds a new push by the OEM to focus on sustainable aviation technologies and innovation in the country.
The aerospace industry is about to face new constraints in raw material supply, due to geopolitical tensions and needs for emerging technologies, GIFAS said.
ROBINSON HELICOPTER acquired ASCENT AEROSYSTEMS, MA (coaxial helicopter drones) and says through deal, Ascent can now grow and scale by building UAVs at its vertically integrated manufacturing facility in Torrance, CA.
COLLINS AEROSPACE earned $849m on $6.7b sales in 1Q24 vs $897m on $6.1b in 1Q23. It says increase in sales was driven by a 14% increase in commercial aftermarket, 14% increase in commercial OE, and 1% increase in military.
GE AEROSPACE earned $1.5b on $8.1b revenues in 1Q24 vs $1.2b on $7b in 1Q23; order intake rose 34% on heels of Singapore Airshow. It delivered 489 engines (367 LEAPs) and 125 defense engines vs 481 (366) and 80 a year ago.