Lufthansa Cargo said it would equip all its Boeing 777 freighters with AeroSHARK innovative surface technology supplied by Lufthansa Technik and BASF starting in 2022, in an effort to improve fuel efficiency and help meet its long-term sustainability targets.
Safran is proceeding with cost-reduction efforts to offset slower revenues while simultaneously getting ready to accommodate an upcoming production ramp-up.
In a depressed air transport market where passenger transit is not expected to return to pre-pandemic levels until 2024 and belly hold capacity remains limited, Lufthansa Technik and Airbus have presented a new offer to Airbus A330 operators.
Embraer’s second quarter is off to a positive start with an order for 30 E195-E2 jets from an undisclosed customer as the Brazilian manufacturer looks to secure more new orders in 2021.
United Airlines said Pratt & Whitney, the FAA and other stakeholders are making progress on getting Pratt PW4000-series engines back in service but declined to say when its affected 777s will return.
Airbus CEO Guillaume Faury warned April 29 that there is a “lack of predictability” as to the expected recovery of the industry as trends have diverged in different regions, even though the company posted relatively good results for the first quarter.
Boeing remains confident that internal challenges will not hamper its efforts to get the 737 MAX and 787 programs back on track but suggests that a prolonged trade stalemate between China and the U.S. could present near-term problems.
Boeing used up less cash in the first quarter of 2021 than it did the year before, but the beleaguered aerospace and defense giant also brought in less revenue and still cannot hazard an official forecast of what finances will look like this year.
Embraer is evaluating options for supplying customers with used and serviceable material (USM), including potential partnerships with service providers.
As air traffic picks up in Asia-Pacific, component and service provider Honeywell is tapping on its mainstay services and new portfolios for potential opportunities with airlines.
Depressed commercial aerospace returns still could not dampen earnings or sentiments at Raytheon Technologies after the company April 27 reported its mildly better-than-expected financial results for the first quarter of 2021.
As suppliers prepare for a presumed rebound in demand for parts and services to support global airline fleet activity, mitigating risk of inevitable future disruptions is top of mind.
