Aerospace

Ahead of Boeing’s latest financial results released Jan. 26, financial analysts knew Boeing would be reporting on another ugly quarter and another ugly year.

Air taxi developer Volocopter has started flight tests of its two-seat VoloCity electric vertical takeoff and landing aircraft in Germany and says it is on track to certify by the end of 2023.

An Omani satellite will be among the payloads launched from Virgin Orbit’s LauncherOne when it makes its first launch from the UK later this year.

With its initial prototype now in flight testing, U.S. startup Zeva Aero plans to unveil an improved design in February and begin taking preorders for an experimental-category aircraft aimed at first responders and personal flyers.

A technology demonstrator based on the Airbus C295 military transport and aimed at regional aviation sustainability has made its first flight in Seville, Spain.

Boeing’s 787 production-quality work required to satisfy FAA concerns and resume deliveries includes more extensive repairs than previously understood as well as some work on every aircraft.

Boom Supersonic has announced plans to develop a production, test and delivery facility for its Overture supersonic airliner at Piedmont Triad International Airport near Greensboro, North Carolina.

BOEING incurred $3.5b pre-tax, non-cash charge on 787 program and $285m of abnormal cost in 4Q21 and now expects about $2b in total abnormal costs for

BOOM SUPERSONIC plans to build 400,000 sq ft Overture Superfactory manufacturing facility at Piedmont Triad Intl. Airport in Greensboro, NC for 2024

BOEING says the supply chain is currently not a contraint, but it is a key watch item for future production rates.

CJ AEROSPACE, Australia was appointed by Marsh Brothers Aviation as authorized distributor and service provider for its bearing and seals.

ELROY AIR, San Francisco unveiled pre-production Chaparral autonomous, hybrid-electric VTOL cargo aircraft to carry 300-500 lb up to 300 miles. It has

AIRBUS HELICOPTERS booked 419 orders (414 net) in 2021 vs 289 (268) in 2020; it delivered 338 vs 300.

AIRBUS made first flight of C295 technology demonstrator for testing new semi-morphing wing, new affordable flight control system, and SatCom antenna

EMBRAER completed reintegration of its commercial aviation business' main IT systems and processes.

MAGNETIC GROUP opened US-based rep office/hub in Miami with Magnetic Trading and EngineStands24 initially establishing presence in the region.

NOVARIA GROUP acquired Southern California-based ADVANCED COATINGS (Parylene conformal coating services).

BOEING recorded $4.2b net loss on $14.8b revenues in 4Q21 vs $8.4b loss on $15.3b in 4Q20; and $4.3b net loss on $62.3b in 2021 vs $11.9b loss on $58

U.S. startup Elroy Air has unveiled the first preproduction prototype of its Chaparral autonomous cargo aircraft, revealing a revised design for the hybrid electric vertical takeoff and landing vehicle.

Elroy unveils preproduction Chaparral unmanned cargo aircraft and an order commitment from Mesa Airlines.

Embraer has successfully completed the reintegration of its commercial aviation business’ main information technology systems and processes.

Kuwait’s ALAFCO leasing company has started 2022 with a bang. Having announced losses in 2021 having delivered just nine aircraft it has revealed two new deals

Airbus Helicopters logged 419 gross orders in 2021, including from Saudi Arabia and Qatar, showing strong signs of recovery from the 2020 market situation.

Focusing on quality and logistics key to turnaround executed during pandemic.

SCHROTH SAFETY PRODUCTS was selected by Unum Aircraft Seating, UK to supply occupant restraint systems for its business class seats.