Aerospace

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.

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

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

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.

CRANE AEROSPACE & ELECTRONICS earned $110m on $638m sales in 2021 vs $100.7m on $651m in 2020.

MACOM, MA achieved AS9100D certification for quality management.

JAUNT has Flapper Tecnologia order for up to 25 Journey eVTOL aircraft to develop on-demand Urban Air Mobility (UAM) fleet in Latin American.

The European Commission plans to establish a space investment fund to support startups.

SCIAKY, IL was selected by Turkish Aerospace Industries (TAI) to supply (world's largest) customized 300 Series metal electron beam DED 3D printer.

SIEMENS has Lockheed Martin Aeronautics contract to provide Xcelerator software/services to support its digital transformation in engineering.

COLLINS AEROSPACE earned $1.8b on $18.4b sales in 2021 vs $1.5b on $19.3b in 2020.

PRATT & WHITNEY earned $454m on $18.2b sales in 2021 vs $564m loss on $16.8b in 2020. It delivered 2,666 (623 large commercial/218 military/1,825 P&WC

GE AVIATION earned $2.9b on $21.3b revenues in 2021 vs $1.2b on $21.6b in 2020. It delivered 1,487 commercial engines (845 LEAP) vs 1,720 (815 LEAP) a

FAA plays ultra-cautious on 5G risk.

Gulf Air has signed a memorandum of understanding (MoU) with freight carrier DHL Express to explore commercial, technical and cargo opportunities.

Leonardo has sparked a debate on the future of aviation at Expo 2020 Dubai at The Flying Society event.

Space 11 Corp., an aerospace company focused on the production of space-based entertainment, is partnering with Nanoracks, a commercial space station visionary, to develop an orbital free flyer intended to support space film and television production and serve as a live venue and soundscape.