Commercial aviation

Mitsubishi Heavy Industries Increases Dividends on Back of Historically High FY2023 Results, Releases FY2024 Guidance

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Mercredi, mai 8, 2024

- Announced JPY70/share YoY increase in dividends to JPY200/share enabled by higher net income.

Key Points: 
  • - Announced JPY70/share YoY increase in dividends to JPY200/share enabled by higher net income.
  • - Released FY2024 guidance aiming for JPY4.9 trillion in revenue and 7% business profit margin.
  • TOKYO, May 8, 2024 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (TSE Code: 7011) announced that order intake rose 48.5% year-over-year to JPY6,684.0 billion in the fiscal year ended March 31, 2024.
  • GTCC executed contracts for 17 large frame gas turbine units during FY2023, a YoY increase of 1 unit.

Global Commercial Aircraft Predictive Market Outlook for 2024: Demand Growth Projections & Forecast - Passenger Traffic, Cargo and MRO Growth Rates, Revenues, Fleet Growth Projections - ResearchAndMarkets.com

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Lundi, mars 18, 2024

The "Global Commercial Aircraft Market - 2024 - Predictive Market Outlook for 2024 - Key Trends, Strategic Insights, Growth Opportunities & Market Outlook" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Commercial Aircraft Market - 2024 - Predictive Market Outlook for 2024 - Key Trends, Strategic Insights, Growth Opportunities & Market Outlook" report has been added to ResearchAndMarkets.com's offering.
  • Against this backdrop, the report provides comprehensive insights and analysis and a predictive market outlook on the Global Commercial Aircraft Market.
  • The coverage includes:
    Analysis of Emerging, Near-Term Market Scenario for Commercial Aviation - Ramp-Up Plans by OEMs amid Supply Chain Woes.
  • Demand Growth Projections & Forecast - Passenger Traffic, Cargo and MRO Growth Rates, Revenues, Fleet Growth Projections.

Global Commercial Aviation Turbofan Engines Market Report 2024 - Key Trends, Strategic Insights, Growth Opportunities & Market Outlook - ResearchAndMarkets.com

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Lundi, mars 18, 2024

The "Global Commercial Aviation Turbofan Engines Market - 2024 - Predictive Market Outlook for 2024 - Key Trends, Strategic Insights, Growth Opportunities & Market Outlook" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Commercial Aviation Turbofan Engines Market - 2024 - Predictive Market Outlook for 2024 - Key Trends, Strategic Insights, Growth Opportunities & Market Outlook" report has been added to ResearchAndMarkets.com's offering.
  • Against this backdrop, the report provides comprehensive insights and analysis and a predictive market outlook on the Global Commercial Aircraft Turbofan engines Market.
  • Demand Growth Projections & Forecast - Passenger Traffic, Cargo and MRO Growth Rates, Revenues, Fleet Growth Projections, Engine Production & Deliveries Forecast.
  • Market Outlook - Projected Turbofan Engine Deliveries across Segments & Markets for Near to Medium Term.

Global Commercial Aviation MRO Services Market 2024-2033: Market Size & Landscape, Key Players, SWOT, Strategies & Plans, Trends & Growth Opportunities, Market Outlook & Forecast to 2033 - ResearchAndMarkets.com

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Lundi, mars 18, 2024

The "Global Commercial Aviation MRO Services Market - 2024-2033 - Market Size & Landscape, Key Players, SWOT, Strategies & Plans, Trends & Growth Opportunities, Market Outlook & Forecast to 2033" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Commercial Aviation MRO Services Market - 2024-2033 - Market Size & Landscape, Key Players, SWOT, Strategies & Plans, Trends & Growth Opportunities, Market Outlook & Forecast to 2033" report has been added to ResearchAndMarkets.com's offering.
  • Part 1 of the report takes a look at the Overview and current Market Size & Dynamics for the Global Commercial Aviation MRO Services Market.
  • Part 3 projects market evolution for the Commercial Aviation MRO Market over medium term (through 2033) with analysis of emerging market scenario, demand growth forecast & projections, key market & technology trends, issues & challenges, potential growth opportunities and market outlook for commercial aviation MRO Services market over the course of the decade through 2033.
  • The report will provide answers to key questions, which include:
    What is the Structure & Size of the Global Commercial Aviation MRO Services Market?

Actuators Market worth $94.8 billion by 2029 - Exclusive Report by MarketsandMarkets™

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Vendredi, mars 29, 2024

By actuation, the Actuators market has been segmented into electric, hydraulic, pneumatic, and others.

Key Points: 
  • By actuation, the Actuators market has been segmented into electric, hydraulic, pneumatic, and others.
  • These actuators can be further classified into solenoid actuators and motor-driven actuators.
  • The Actuators market has been studied in North America, Europe, Asia Pacific, Middle East, and Rest of the World.
  • India is expected to show the highest growth rate in Asia Pacific Region for Actuators market.

Actuators Market worth $94.8 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Vendredi, mars 29, 2024

By actuation, the Actuators market has been segmented into electric, hydraulic, pneumatic, and others.

Key Points: 
  • By actuation, the Actuators market has been segmented into electric, hydraulic, pneumatic, and others.
  • These actuators can be further classified into solenoid actuators and motor-driven actuators.
  • The Actuators market has been studied in North America, Europe, Asia Pacific, Middle East, and Rest of the World.
  • India is expected to show the highest growth rate in Asia Pacific Region for Actuators market.

First full flight simulator with gaming-engine-powered CAE Prodigy image generator achieves level D qualification

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Mardi, mars 26, 2024

MONTREAL, March 26, 2024 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) – CAE today announced that it is the first leading aviation simulation and training organization to seamlessly integrate a gaming engine into its full-flight simulator (FFS) visual system and achieve level D qualification*, the highest level of qualification for a FFS.

Key Points: 
  • MONTREAL, March 26, 2024 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) – CAE today announced that it is the first leading aviation simulation and training organization to seamlessly integrate a gaming engine into its full-flight simulator (FFS) visual system and achieve level D qualification*, the highest level of qualification for a FFS.
  • "With CAE Prodigy, CAE continues to position itself as a leader in the adoption of new technologies to support its customers and advance aviation safety."
  • CAE Prodigy builds on the proven features of CAE's existing family of visual systems, while leveraging Unreal Engine's innovative rendering techniques to deliver a highly optimized and flexible Image Generator solution.
  • A level D simulator fidelity is at such high level that pilots transitioning to a new aircraft can perform all their training in the simulator instead of the aircraft.

Viasat to Bring In-Flight Connectivity to an Additional 40 Aircraft in Korean Air Fleet

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Mercredi, mars 20, 2024

CARLSBAD, Calif., March 20, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, has been selected to power in-flight connectivity onboard 40 additional aircraft by Korean Air, South Korea's flag carrier.

Key Points: 
  • CARLSBAD, Calif., March 20, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, has been selected to power in-flight connectivity onboard 40 additional aircraft by Korean Air, South Korea's flag carrier.
  • The latest aircraft set to be connected in the Korean Air fleet will be 40 Boeing 787s, following news shared last year that Korean Air had committed to equipping 30 Airbus A321Neos with Viasat connectivity – its first in-flight connectivity partnership.
  • This announcement will bring the total number of Korean Air aircraft to be equipped with Viasat's connectivity solution to 70, with all aircraft scheduled to enter service by the end of 2027.
  • By adding connectivity to the cabin across so many aircraft, Korean Air is committing to meeting passenger expectations for increased connectivity while onboard.

IAE AG successfully tests V2500 engine on 100% Sustainable Aviation Fuel

Retrieved on: 
Lundi, mars 18, 2024

EAST HARTFORD, Conn., March 18, 2024 /PRNewswire/ -- IAE International Aero Engines AG (IAE) announced it has successfully tested the V2500 engine with 100% sustainable aviation fuel (SAF) at MTU Maintenance Hannover, Germany. IAE is a multinational consortium comprised of Pratt & Whitney, an RTX (NYSE: RTX) business, Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines AG. The V2500 engine currently powers the A320ceo family aircraft and the Embraer C-390 Millenium.

Key Points: 
  • EAST HARTFORD, Conn., March 18, 2024 /PRNewswire/ -- IAE International Aero Engines AG (IAE) announced it has successfully tested the V2500 engine with 100% sustainable aviation fuel (SAF) at MTU Maintenance Hannover, Germany.
  • "This test with 100% SAF demonstrates that V2500 engines can continue contributing towards making aviation more sustainable in the decades ahead," said Kim Kinsley, president, IAE AG, and vice president, Mature Commercial Engines at Pratt & Whitney.
  • The V2500 engine test was run on 100% Hydroprocessed Esters and Fatty Acids Synthetic Paraffinic Kerosine (HEFA-SPK) fuel supplied by Neste.
  • The V2500 is a versatile engine, powering commercial, cargo and military platforms, with a 35-year history of providing reliable and efficient performance.

Aircraft Engine Test Cells Market worth $4.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

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Jeudi, mars 14, 2024

The market for aircraft engine test cell solutions has been divided into four segments based on engine tests: piston engine, APU, turbofan, turbojet, and turboshaft (Auxiliary Power Unit).

Key Points: 
  • The market for aircraft engine test cell solutions has been divided into four segments based on engine tests: piston engine, APU, turbofan, turbojet, and turboshaft (Auxiliary Power Unit).
  • Due to its superior altitude capability over other engine types, turbofans are expected to dominate the aircraft engine test cells market throughout the forecast period.
  • Based on solution type, the test cells segment is projected to lead the aircraft engine test cells industry during the forecast period.
  • The market for aircraft engine test cell solutions has been divided into test cell, component test bench, software, ancillary system, and data acquisition & control system.