Dubai has emerged as one of the early major markets for urban air mobility, including plans to serve as a key international launch market for Joby Aviation.
The need for more production investment, ongoing supply chain issues and maintenance capacity concerns are all refraining Safran's CEO from pursuing a higher market share of Airbus A320neo powerplants.
The Italian government says the project threatens the country’s defense and national security, as Microtecnica is a supplier of the Eurofighter Typhoon fighter.
Engineering education has evolved to include many real-world, hands-on opportunities that are essential for keeping students inspired about career options.
Airbus is progressing with studies and tests on two different hydrogen propulsion systems—a modified turbofan and an electric motor associated to a fuel cell.
SURF AIR, CA secured preferred delivery positions from Electra.aero for up to 90 9-pax eSTOL jets for integration into its national flight network, including SOUTHERN AIRWAYS EXPRESS and MOKULELE; deal includes leasing partnership.
BOEING SAUDI ARABIA and BAHRI LOGISTICS signed MOU to collaborate in supply chain/distribution activities in the Kingdom, exploring opportunities for freight forwarding, warehousing, inventory management and PBL consulting.
BOEING is expected to get back to producing 38 737 MAXs per month in 2H24 (max rate as currently mandated by FAA); rate has decreased to below 38 due to production pauses and rework issues following -9 door plug incident.
AIRBUS posted €1.5b net income on €22.9b revenues in 4Q23 vs €1.7b on €20.6b in 4Q22; and €3.8b net income on €65.4b in 2023 vs €4.2b on €58.8b in 2022. Its y-o-y backlog rose 23% to €554b. Its Commercial Aircraft activities earned €3.6b on €47.8b in 2023 vs €4.8b on €41.4b in 2022 and plans to deliver ~800 aircraft in 2024 vs 735 in 2023.
AIRBUS says production ramp-up continues towards rate of 14 A220s per month in 2026, 75 A320 Family aircraft per month in 2026, four A330s per month in 2024 and 10 A350s per month in 2026. It plans to deliver ~800 aircraft in '24.