GA Telesis has signed a significant long-term agreement with a prominent aerospace OEM, marking a strategic milestone in the company’s mission to enhance its global services. This partnership, effective through 2030, is poised to bolster GA Telesis’ capabilities in delivering superior component support to airlines and operators worldwide through its MRO Services division. The collaboration underscores GA Telesis’…
Embraer, a leading Brazilian aerospace manufacturer, delivered 75 aircraft in the fourth quarter of 2024, maintaining the same output as in the corresponding period of 2023. For the full year, Embraer delivered a total of 206 aircraft, representing a 14% year-over-year increase compared to 2023.
Deutsche Aircraft (Germany) has announced a significant leadership change, appointing Nico Neumann as Co-CEO, effective immediately. Neumann will share the executive role with the company’s current CEO, Dave Jackson, as Deutsche Aircraft strengthens its leadership team to support its strategic goals.
Boeing has announced the layoff of 222 members of its Society of Professional Engineering Employees in Aerospace (SPEEA) union. This latest round of job cuts is part of a broader workforce reduction initiative that began in November 2024, reflecting the company’s continued efforts to realign its workforce with operational demands.
Boeing has announced the immediate departure of Ziad Ojakli, its head of government affairs and top lobbyist. The company has appointed Bill McSherry as his interim replacement, ensuring continuity in its government relations and lobbying efforts.
Bombardier has announced the resolution of its long-standing lawsuit against Honeywell International (US). Initially filed in 2016 in the Superior Court of Quebec, the dispute has now been settled through an agreement whose terms remain confidential.
Airbus has achieved a significant milestone, delivering more than 80 aircraft in November 2024, according to industry sources. This sharp increase in deliveries supports the manufacturer’s ambitious goal of delivering 770 jets for the entire year.
Embraer has finalized the implementation of its ONEChain Program, a transformative initiative designed to enhance the management of its supply chain. This program is a key element of the company’s growth strategy, leveraging digital transformation to streamline operations and improve efficiency across the supply chain.
StandardAero, a leading aerospace maintenance and repair organization (MRO) based in the US, has reported a 13.2% year-over-year increase in revenue for the third quarter (Q3) of 2024, reaching $1.24 billion. The company also posted a net income of $16.4 million, reflecting its ability to sustain profitability while managing operational growth. Capital expenditures (CapEx) during the quarter amounted to $25.3 million, while cash reserves…
Embraer, the Brazilian aerospace manufacturer, is exploring the possibility of launching a new commercial airplane program, with potential investment support from Saudi Arabia’s Public Investment Fund (PIF). This development marks a strategic shift in Embraer’s search for partners, moving its focus from Asia to the Middle East, as it seeks funding and collaboration to advance its aviation ambitions.
