by Dino D'Amore | Aug 1, 2022 | Airports, Zone: Europe
Farnborough Airport has appointed contractors McLaughlin & Harvey and Gebler Tooth for the design and construction of its new £55m 175,000 sq. ft state of the art and sustainably designed hangar development, Domus III. Farnborough Airport has been working closely...
by Dino D'Amore | Jul 27, 2022 | Technology, Zone: Americas
Boeing has reported second-quarter revenue of $16.7 billion, GAAP earnings per share of $0.32 and core loss per share (non-GAAP) of ($0.37), driven by lower defense volume and unfavorable performance, partially offset by higher commercial volume. Boeing recorded...
by Dino D'Amore | Jul 27, 2022 | Technology, Zone: Americas
GE, which has recently split into three independent companies, has reported total revenue of $18.6bn for the second quarter of 2022, driven by a strong performance by GE Aerospace. GE Chairman and CEO and GE Aerospace CEO H. Lawrence Culp, Jr. said, “The GE team...
by Dino D'Amore | Jul 27, 2022 | Maintenance, Zone: Europe
Spanish carrier Air Europa has appointed AerFin to support its fleet of seven E190 E-Jet aircraft with a fully bespoke component support program. The BeyondPool support program will provide a dedicated cost-effective solution for managing the phase-out of the...
by Dino D'Amore | Jul 27, 2022 | Technology, Zone: Europe
MTU Aero Engines grew revenue by 23% to €2.47 billion in the first half of 2022 (1-6/2021: €2.00 billion). The operating profit increased by 53% from €190 million to €290 million. The adjusted EBIT margin rose from 9.5% in the first half of 2021 to 11.7% in the first...
