Blue Spirit Aero has partnered with Dassault Systèmes to use the 3DEXPERIENCE platform to accelerate the development of its hydrogen-electric light aircraft ‘Dragonfly’ and advance the certification o...
Spirit AeroSystems recorded a 30% increase in revenue in the third quarter of 2022 as compared to the same time last year. Spirit closed Q3 with a revenue of $1.3 bn and a cash balance of $671 million...
Sky Airline has signed with Seabury Solutions ‘Alkym’, as an information technology solution to replace its existing Aircraft Maintenance Management tool. Sky Airlines claims that the new system will ...
Bombardier has reported a strong third quarter with solid revenue of $1.5bn and a 20% year-over-year aftermarket increase to $372 million mostly due to increased flight hours and expansion of Bombardi...
Rolls-Royce closed the first nine months of 2022 with £2.0bn cash along with £5.5bn in undrawn committed facilities. This included a £1bn five-year sustainability-linked loan, supported by an 80% guar...
Joby Aviation closed the third quarter of 2022 with $1.1bn in cash and short-term investments to support operations. Net cash used in operating activities and purchases of property and equipment total...
Eviation Aircraft’s order book for the nine-seater Alice airplane recently passed a total value of $2bn. Just recently Eviation conducted the first successful test flight of Alice aircraft and since t...
NEOM has invested $175 million in Volocopter. This deal expands NEOM's strategic partnership with Volocopter to progress an advanced air mobility industry in Saudi Arabia. Nadhmi Al-Nasr, Chief Execut...
Datalex achieved an important milestone with IATA Airline Retailing Maturity index (ARMi) certification for three pricing capabilities. With this certification, IATA stated that airlines can unlock gr...
Safran posted an increase of 29.9% in sales, closing at €4,849 million in the financial report for the third quarter of 2022. Revenue for Q3 was up by 29.9% reaching €4,849 million while organic reven...
MTU Aero Engines recorded a growth of 27% in revenue reaching €3.82 bn with an operating profit of €448 million in the first nine months of 2022. MTU’s revenue increased in both commercial maintenance...
Boeing reported the third quarter of 2022 with a revenue of $16.0bn and an operating cash flow of $3.2bn. Boeing’s Q3 results reflect a higher commercial volume and losses on fixed-price defense devel...
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