AAR posted $30.6m net loss for second quarter ended Nov 30 (vs $23.8m a year ago) on 26% higher sales; results included after-tax charges of $57.1m associated with the recently announced FCPA settlement and related costs.
EMBRAER delivered 31 commercial jets (11 E-Jets/20 E2-Jets) in 4Q24 vs 25 (sevenE-Jets/18 E2-Jets) in 4Q23; and 73 (34 E-Jets/39 E2-Jets) in 2024 vs 64 (25 E-Jets/39 E2-Jets) in 2023, meeting the original guidance of 72-80.
FLIGHT DATA SYSTEMS was licensed by L3Harris to use its Handheld Multipurpose Tool (HHMPI) to extract data from the SRVIVR25 Cockpit Voice and Flight Data Recorders (CVR, FDR, and CVFDR).
AEQUS was selected by Dynamatic Technologies to supply components for A220 doors being manufactured in India; deal calls for >200 detailed parts requiring complex tool design, forgings, machining, and surface treatment.
MANKIEWICZ AVIATION COATINGS was selected by easyJet as partner to develop new lower-weight exterior paint (to save fuel) for testing; it has been applied to 38 aircraft with gradual fleet-wide rollout to be completed by 2030.
AIRBUS delivered 760 aircraft in 2024 (vs 735 in '23), according to unconfirmed media reports, falling short of target; official numbers are due in January. BOEING is likely to have delivered around or under 350 (vs 527), reflecting challenges.
Air Serbia and Uzbekistan’s Qanot Sharq have limited flights to Russia just two weeks after an Azerbaijan Airlines Embraer E190 crashed near Aktau, Kazakhstan.