Aerospace

The International Aerospace and Defence Exhibition (IADE) will be held from the 12-16 of October at Enfidha-Hammamet International Airport instead of Djerba-Zarzis International Airport.

African carriers generate most of their revenues in weaker home currencies but incur their input costs, often including fuel, in US dollars and euros. Kamil Alawadhi, IATA’s regional vice president, Africa & Middle East offers his opinion.

Supply chain and sustainability challenges are real, but the industry’s long-term outlook is robust. Listen in as PwC’s Scott Thompson looks beyond the headlines.

As industry eyes growth, suppliers are struggling to staff up so they can keep up.

Despite rumblings across the media, July’s stock market performance showed the highest increase in two years.

The first of two Blue Origin BE-4 engines earmarked for the debut flight of United Launch Alliance’s Vulcan rocket arrived at the manufacturer’s West Texas facility on July 31 for acceptance testing.

Infrastructure developer Skyports Infrastructure and AirAsia’s Advanced Air Mobility, a unit of AirAsia Aviation Group Limited, have signed a one-year letter of intent to study air taxi infrastructure development in Malaysia.

This is the summer of supply chain discontent in aerospace and defense, according to widespread laments by top executives in recent quarterly financial updates.

Qatar Airways has sponsored the prestigious Qatar Goodwood Festival in partnership with the Qatar Racing and Equestrian Club (QREC) for the fourth time.

MEBAA Show, the Middle East’s leading business aviation event is back 06 - 08 December 2022 at DWC, Dubai Airshow Site, bringing the business aviation community together in person to take advantage of the enormous growth predicted for this sector.

The Aerospace industry has specific needs for mixed gas charging and requires special equipment to safely handle those applications. Haskel develops gas boosters and complete packaged systems capable of handling high-pressure mixed gas charging applications.

Angolan operator BestFly is adding four new AW169 helicopters to its growing fleet following funding from the Angolan Bank of Investments (BAI).

The FAA has approved Boeing’s plan for inspection and correcting 787 production issues, marking a major step towards re-starting deliveries.

NASA study seeks to improve air-to-ground connectivity for commercial aviation.

A look at three models private equity groups could use to refashion aerospace and defense for the next supercycle.

Partnered with six of biggest names in advanced air mobility, helicopter operator Bristow Group wants to be an early AAM adopter.

TRIMAS AEROSPACE earned $4.6m on $92m sales (21% of TriMas total) in 1H22 vs $6.6m on $89m in 1H21.

PLATAINE, MA introduced HoneycombOptimzer for efficient cut plans.

HEICO agreed to acquire EXXELIA INTERNATIONAL, France (electronic components) from IK Partners for €453m.

HONEYWELL AEROSPACE earned $767m on $2.9b sales in 2Q22 vs $710m on $2.8b in 2Q21.

The startup is working to certify an autonomous flight capability for the Cessna 208B Caravan.

VerdeGo, a firm specializing in hybrid-electric propulsion for aircraft, has announced a $12 million Series A round led by RTX Ventures (Raytheon

Etihad Airways has announced its financial and operating results for the first half of 2022.

Dassault Aviation’s Fixed Based Operation (FBO) at Geneva International Airport has been voted the top FBO at the Swiss facility in a survey of European business aircraft operators performed by Business Air News.

Fundamental challenges below the surface of the engine-makers’ business model could lead to restructuring.