Aerostructure

Collins Aerospace and HNA Aviation Group enter into MRO agreement

Retrieved on: 
Wednesday, February 21, 2024

SINGAPORE, Feb. 21, 2024 /PRNewswire/ -- Collins Aerospace was selected by HNA Aviation Group to provide nacelle maintenance, repair, and overhaul (MRO) services to the air service providers subsidiaries, including: Beijing Capital Airlines, Tianjin Airlines, West Air, Lucky Air, and Guangxi Beibu Gulf Airlines.

Key Points: 
  • SINGAPORE, Feb. 21, 2024 /PRNewswire/ -- Collins Aerospace was selected by HNA Aviation Group to provide nacelle maintenance, repair, and overhaul (MRO) services to the air service providers subsidiaries, including: Beijing Capital Airlines, Tianjin Airlines, West Air, Lucky Air, and Guangxi Beibu Gulf Airlines.
  • Each 3-year agreement between the HNA Aviation Group airlines and Collins' MRO facility in Tianjin, China, includes preferred nacelle MRO services for A320 and A320neo aircraft including the V2500, CFM56-5B, and Pratt & Whitney 1100G engine variants.
  • "Our team is committed to providing world class support in delivering MRO service on time and on budget, while offering the highest original equipment manufacturing quality standards for the HNA Aviation Group," said Dana Stephenson, vice president of Aftermarket for the Aerostructures business unit at Collins Aerospace.
  • HNA Aviation Group and its subsidiaries are one of China's largest airline groups, offering both domestic and international routes.

David B. Carter Joins Ducommun Incorporated's Board of Directors

Retrieved on: 
Monday, February 5, 2024

SANTA ANA, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) announced today that its Board of Directors elected David B. Carter as an independent director of the company, effective February 1, 2024.

Key Points: 
  • SANTA ANA, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) announced today that its Board of Directors elected David B. Carter as an independent director of the company, effective February 1, 2024.
  • Mr. Carter’s appointment expands the number of directors on Ducommun’s board to nine, eight of whom are independent.
  • Mr. Carter will be a member of the company’s Innovation Committee.
  • Mr. Carter holds a Master of Science degree in Mechanical Engineering from the University of Virginia, Charlottesville.

Hydrogen Hubs Market worth $5.9 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 12, 2024

Based on the industry, the automotive segment is estimated to lead the market from 2023 to 2030.

Key Points: 
  • Based on the industry, the automotive segment is estimated to lead the market from 2023 to 2030.
  • Expected to be a fundamental catalyst for the growth of clean hydrogen hubs between 2023 and 2030, the automotive industry is poised to play a vital role in supplying and utilizing hydrogen and hydrogen fuel cell stacks within hubs.
  • The electrolysis segment in the hydrogen hub market is projected to have the highest CAGR in the forecast period.
  • Based on end use, liquid hydrogen, and hydrogen fuel cells are the primary segments in the hydrogen hub market.

Hydrogen Hubs Market worth $5.9 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 12, 2024

Based on the industry, the automotive segment is estimated to lead the market from 2023 to 2030.

Key Points: 
  • Based on the industry, the automotive segment is estimated to lead the market from 2023 to 2030.
  • Expected to be a fundamental catalyst for the growth of clean hydrogen hubs between 2023 and 2030, the automotive industry is poised to play a vital role in supplying and utilizing hydrogen and hydrogen fuel cell stacks within hubs.
  • The electrolysis segment in the hydrogen hub market is projected to have the highest CAGR in the forecast period.
  • Based on end use, liquid hydrogen, and hydrogen fuel cells are the primary segments in the hydrogen hub market.

CPI Aerostructures Receives $4.4M Orders from Embraer for Engine Inlet Assemblies

Retrieved on: 
Tuesday, November 21, 2023

EDGEWOOD, N.Y., Nov. 21, 2023 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that Embraer S.A. of Brazil (NYSE: ERJ) has placed several additional orders against a previously announced Long Term Agreement to manufacture engine inlet assemblies for the Embraer Phenom 300 business jets.

Key Points: 
  • EDGEWOOD, N.Y., Nov. 21, 2023 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that Embraer S.A. of Brazil (NYSE: ERJ) has placed several additional orders against a previously announced Long Term Agreement to manufacture engine inlet assemblies for the Embraer Phenom 300 business jets.
  • These new orders will see deliveries continue into 2024.
  • “CPI Aero is proud to be part of the successful Phenom 300 program where we continue to demonstrate our capabilities in assembly & integration of complex, mixed-commodity Aerostructures.
  • During the last 10+ years, we have delivered over 1,600 Engine Inlet Assemblies and fully expect to continue serving this important customer beyond 2024,” stated Dorith Hakim, CPI Aero’s CEO & President.

Qarbon Aerospace Welcomes New Leadership with Appointment of Michael Canario as CEO

Retrieved on: 
Monday, November 20, 2023

Qarbon Aerospace, Inc. (“Qarbon” or the “Company”), a premier manufacturer specializing in medium to large complex composite components and assemblies, is proud to announce a significant leadership transition.

Key Points: 
  • Qarbon Aerospace, Inc. (“Qarbon” or the “Company”), a premier manufacturer specializing in medium to large complex composite components and assemblies, is proud to announce a significant leadership transition.
  • Effective November 6, 2023, Qarbon Aerospace welcomed Mr. Michael Canario as the new Chief Executive Officer, marking a strategic move to propel the Company into a new phase of growth and innovation.
  • Qarbon expresses heartfelt appreciation for Mr. Wick's invaluable contributions that have significantly shaped Qarbon Aerospace's remarkable journey.
  • Qarbon Aerospace has impressive assets, great customers and truly outstanding employees,” said Mr. Canario.

Drone Logistics and Transportation Market worth $16.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, December 15, 2023

Based on the platform, the freight drone from the platform segment is estimated to lead the drone logistics and transportation market from 2023 to 2030.

Key Points: 
  • Based on the platform, the freight drone from the platform segment is estimated to lead the drone logistics and transportation market from 2023 to 2030.
  • The drone logistics and transportation market is experiencing a surge in demand for freight drones, propelled by several growth factors.
  • The hardware segment in the drone logistics and transportation market is projected to have the highest CAGR in the forecast period.
  • The hardware segment in the drone logistics and transportation market is experiencing robust growth driven by several key factors.

Drone Logistics and Transportation Market worth $16.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, December 15, 2023

Based on the platform, the freight drone from the platform segment is estimated to lead the drone logistics and transportation market from 2023 to 2030.

Key Points: 
  • Based on the platform, the freight drone from the platform segment is estimated to lead the drone logistics and transportation market from 2023 to 2030.
  • The drone logistics and transportation market is experiencing a surge in demand for freight drones, propelled by several growth factors.
  • The hardware segment in the drone logistics and transportation market is projected to have the highest CAGR in the forecast period.
  • The hardware segment in the drone logistics and transportation market is experiencing robust growth driven by several key factors.

Sustainable Aviation Fuel Market worth $16.8 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, November 29, 2023

The biofuel segment is poised to lead the sustainable aviation fuel market, driven by its eco-friendly nature, technological advancements, regulatory support, and increased investments.

Key Points: 
  • The biofuel segment is poised to lead the sustainable aviation fuel market, driven by its eco-friendly nature, technological advancements, regulatory support, and increased investments.
  • The biofuel segment in the sustainable aviation fuel (SAF) industry is anticipated to secure a larger market share due to several key factors.
  • The Middle East anticipates a higher SAF market CAGR, propelled by strategic investments in renewable energy and a commitment to sustainable aviation.
  • The Sustainable Aviation Fuel Companies includes major players Neste (Finland), World Energy (Ireland), Total Energies (France), LanzaTech (US), and Fulcrum BioEnergy (US), among others.

Sustainable Aviation Fuel Market worth $16.8 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, November 29, 2023

The biofuel segment is poised to lead the sustainable aviation fuel market, driven by its eco-friendly nature, technological advancements, regulatory support, and increased investments.

Key Points: 
  • The biofuel segment is poised to lead the sustainable aviation fuel market, driven by its eco-friendly nature, technological advancements, regulatory support, and increased investments.
  • The biofuel segment in the sustainable aviation fuel (SAF) industry is anticipated to secure a larger market share due to several key factors.
  • The Middle East anticipates a higher SAF market CAGR, propelled by strategic investments in renewable energy and a commitment to sustainable aviation.
  • The Sustainable Aviation Fuel Companies includes major players Neste (Finland), World Energy (Ireland), Total Energies (France), LanzaTech (US), and Fulcrum BioEnergy (US), among others.