Airbus

Aerospace Supply Chain Leader Joins Stratospheric Exploration Company World View

Retrieved on: 
torsdag, maj 30, 2024

World View , a global leader in stratospheric exploration and flight, today announced the appointment of Julien Denat as Vice President, Supply Chain.

Key Points: 
  • World View , a global leader in stratospheric exploration and flight, today announced the appointment of Julien Denat as Vice President, Supply Chain.
  • Denat is a supply chain and program management leader with 22 years of aerospace experience at both startups and Global 500 companies, including Airbus.
  • View the full release here: https://www.businesswire.com/news/home/20240530021704/en/
    Aerospace veteran, Julien Denat, joins World View to lead the company's supply chain as it drives innovation in high-altitude platforms (HAPs) and stratospheric exploration via remote sensing balloons.
  • “World View is perfectly positioned to capitalize on and help lead the growing stratospheric economy.”
    “Julien’s expertise building advanced supply chain teams and processes in the aerospace industry will greatly enhance our relationships with critical suppliers and open new doors with suppliers across the globe,” said Stephen Wideman, World View Chief Financial Officer.

FPT Co-hosted France-Vietnam Business Forum, Emphasising a Sustainable Future Driven by Technology

Retrieved on: 
måndag, maj 27, 2024

FPT Corporation (FPT), in collaboration with MEDEF International, Business France, the French Chamber of Commerce and Industry (CCIFV), and French Foreign Trade Advisors (CCE), recently organized the France-Vietnam Business Forum in Paris, France.

Key Points: 
  • FPT Corporation (FPT), in collaboration with MEDEF International, Business France, the French Chamber of Commerce and Industry (CCIFV), and French Foreign Trade Advisors (CCE), recently organized the France-Vietnam Business Forum in Paris, France.
  • In terms of investment, France is the second largest European (EU) investor in Vietnam, generating 50,000 jobs for this market.
  • In 2023, Business France also supported nine Vietnamese investment projects in France,” said Laurent Saint-Martin, CEO of Business France.
  • Featuring panelists from global businesses and organizations like NVIDIA, FPT, Egis, Thales, Oerlikon, Valeo, OPmobility, and more, the business forum offered attendees the latest updates in next-gen technology and the national socio-economic outlook.

Aviation Capital Group Announces Delivery of One A320neo to SAS

Retrieved on: 
torsdag, maj 23, 2024

Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (“SAS”).

Key Points: 
  • Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (“SAS”).
  • Featuring CFM International LEAP-1A engines, this is the last aircraft scheduled to deliver to the airline as part of a 12-aircraft sale-leaseback transaction between ACG and SAS.
  • This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20240523528540/en/
    Airbus A320neo Leased by Aviation Capital Group to Scandinavian Airlines (“SAS”).

flyadeal Orders 51 Aircraft in Landmark Airbus Deal

Retrieved on: 
onsdag, maj 22, 2024

flyadeal, one of the youngest and fastest growing low-cost airlines in the Kingdom of Saudi Arabia and the Middle East, today announced a landmark order for 51 narrowbody Airbus aircraft to fuel the next phase of its expansion plans.

Key Points: 
  • flyadeal, one of the youngest and fastest growing low-cost airlines in the Kingdom of Saudi Arabia and the Middle East, today announced a landmark order for 51 narrowbody Airbus aircraft to fuel the next phase of its expansion plans.
  • View the full release here: https://www.businesswire.com/news/home/20240522673252/en/
    flyadeal, one of the youngest and fastest growing low-cost airlines in the Kingdom of Saudi Arabia and the Middle East, today announced a landmark order for 51 narrowbody Airbus aircraft to fuel the next phase of its expansion plans.
  • (Photo: Business Wire)
    The historic agreement for 12 Airbus A320neos and 39 bigger capacity A321neos was signed as part of a wider announcement by parent Saudia Group for a record 105 aircraft order – the largest in Saudi aviation history.
  • The airline is inducting on average one aircraft every month into the fleet from an existing order until the end of 2025.

Seamless Air Alliance Becomes Market Representation Partner for 3GPP

Retrieved on: 
onsdag, maj 22, 2024

Seamless Air Alliance (SAA), the leading developer of global standards for inflight connectivity, announced it has been accepted as a Market Representation Partner (MRP) by the 3rd Generation Partnership Project (3GPP).

Key Points: 
  • Seamless Air Alliance (SAA), the leading developer of global standards for inflight connectivity, announced it has been accepted as a Market Representation Partner (MRP) by the 3rd Generation Partnership Project (3GPP).
  • Following the Seamless Air Alliance leadership of a specialized Working Group on the integration of 3GPP Non-Terrestrial Networks (NTN) in Aviation, a group that is co-chaired by Airbus and Vodafone, the Organizational Partners of 3GPP officially granted Seamless Air Alliance Market Representation Partner status on 24 April 2024.
  • “It is an honor for the Seamless Air Alliance to be granted MRP status by 3GPP and recognized for its leadership in aviation connectivity standards,” said Jack Mandala, CEO of the Seamless Air Alliance.
  • “The Seamless Air Alliance represents major inflight connectivity stakeholders and promotes aviation requirements for connectivity solutions including 3GPP 5G and 6G.

Precision Support Services Strengthens SmartSky® Dealer Network Installs SmartSky LITE™ ATG on PC-12

Retrieved on: 
tisdag, maj 14, 2024

RESEARCH TRIANGLE, N.C., May 14, 2024 /PRNewswire/ -- SmartSky, provider of the most advanced inflight air-to-ground (ATG) connectivity for business aviation, today announced Precision Support Services has joined the SmartSky dealer network as a sales and installation partner.

Key Points: 
  • RESEARCH TRIANGLE, N.C., May 14, 2024 /PRNewswire/ -- SmartSky, provider of the most advanced inflight air-to-ground (ATG) connectivity for business aviation, today announced Precision Support Services has joined the SmartSky dealer network as a sales and installation partner.
  • The Oregon-based aviation company offers full Maintenance, Repair, and Overhaul (MRO) services and has already completed an installation of SmartSky LITE on a Pilatus PC-12.
  • "Precision's partnership with SmartSky is important because it adds capabilities to a proven inflight connectivity product already making waves in the marketplace.
  • "Precision's aircraft maintenance expertise strengthens SmartSky's presence in the region," said Aria Bahawdory, Director of MRO Account Management for SmartSky.

MHIAEL Completes Expansion of the its Nagasaki Plant for Manufacture of Aero Engine Combustors

Retrieved on: 
torsdag, april 11, 2024

In addition, the introduction of Japan's first thermal barrier coating equipment for mass production of aero engine parts will strengthen production capabilities, differentiate manufacturing technologies and enhance cost competitiveness.

Key Points: 
  • In addition, the introduction of Japan's first thermal barrier coating equipment for mass production of aero engine parts will strengthen production capabilities, differentiate manufacturing technologies and enhance cost competitiveness.
  • The existing production plant manufactures combustors for the PW1100G-JM engines that power the Airbus A320neo family.
  • The MHIAEL Nagasaki Plant is a factory specialized in manufacturing combustors, which is one of core components of an aero engine, and the first full-fledged aircraft component factory in the Kyushu region.
  • The plant has production lines able to handle fully integrated operations, from receipt of materials to machining and assembly.

Ducommun Incorporated Reports First Quarter 2024 Results

Retrieved on: 
onsdag, maj 8, 2024

SANTA ANA, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported results for its first quarter ended March 30, 2024.

Key Points: 
  • SANTA ANA, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported results for its first quarter ended March 30, 2024.
  • Interest expense for the first quarter of 2024 was $3.9 million compared to $4.2 million in the comparable period of 2023.
  • Electronic Systems segment net revenue for the quarter ended March 30, 2024 was $107.5 million, compared to $105.6 million for the first quarter of 2023.
  • Structural Systems segment net revenue for the quarter ended March 30, 2024 was $83.3 million, compared to $75.6 million for the first quarter of 2023.

GoJet Airlines Accelerates Expansion with FAA 145 Certification Bringing Over 150 New Jobs to St. Louis Area

Retrieved on: 
tisdag, maj 7, 2024

This achievement comes at a pivotal time for the aviation industry, particularly in the St. Louis area, where GoJet was founded and is headquartered.

Key Points: 
  • This achievement comes at a pivotal time for the aviation industry, particularly in the St. Louis area, where GoJet was founded and is headquartered.
  • This expansion is projected to create over 150 new positions in the St. Louis area, contributing significantly to the local economy.
  • By October 2024, GoJet will oversee four lines of Heavy Maintenance and two Modification lines.
  • Leveraging its newly acquired 145 certification, the company aims to position itself as a trusted MRO partner for regional airlines and others.

ATSG Reports First Quarter 2024 Results

Retrieved on: 
måndag, maj 6, 2024

Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body freighter aircraft leasing, contracted air transportation, and related services, today reported consolidated financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body freighter aircraft leasing, contracted air transportation, and related services, today reported consolidated financial results for the first quarter ended March 31, 2024.
  • CAM’s first quarter pretax earnings decreased $21 million, or 61%, to $13 million versus the prior-year quarter.
  • Pretax loss was $3 million in the first quarter, versus a loss of $2 million in the first quarter of 2023.
  • ATSG will host an investor conference call on Tuesday, May 7, 2024, at 10 a.m. Eastern Time to review its results for the first quarter of 2024, and its outlook for the remainder of the year.