Industry
13,167 news found

IndustryBoeing recognizes impact on earnings of the stop B-737 MAX airplanes
And it increases costs in 2Q
Boeing announced yesterday it will recognize an impact to earnings when it releases second-quarter 2019 results on July 24. The company will record an after-tax charge of $4.9 billion ($8.74 per share)... more

IndustryDefense-Piaggio Aerospace: contracts signed for MB-339 aircraft engine maintenance
And spare parts for a total amount of EUR 167 million
The Italian Ministry of Defense and Piaggio Aerospace announced today that they have signed two engine maintenance and spare parts supply contracts for a total amount of EUR 167 million.The most significant... more

IndustryB-737 Max plane crashes: 50 millions to immediate support to families victims
It will be supplied very quickly the half of the 100m allocated by Boeing
Boeing announced that it has dedicated $50 million of a previously announced $100 million fund to provide near-term financial assistance to families of the victims of the Lion Air Flight 610 and Ethiopian... more

IndustryFirst P-8A Poseidon airplane for UK takes flight
Next step: addition of military systems - DATA SHEET
The first Boeing P-8A Poseidon for the United Kingdom Royal Air Force (RAF) took off from Renton, Wash. at 10:00 am Pacific on July 12, marking the first flight of this inaugural UK P-8A.During the 90... more

IndustryUpdate ENAV equipment to manage Italian airspace
A five-year agreement between Leonardo and Northop Grumman
Leonardo, through its subsidiary Vitrociset, has been awarded a radio replacement contract by ENAV, the Italian air navigation services provider. The agreement is a 5-year contract to replace ground-to-air... more

IndustryPortugal announces firm order for the KC-390 aircraft
Deliveries are scheduled to start in 2023
The Portuguese Government announced a firm order of five multi-mission airlifters Embraer KC-390 as part of the process to modernize Portuguese Air Force capacities to support national Armed Forces operations... more

IndustryAirplanes. Atlantia will examine possibility entry in Alitalia
The evaluations in the next meeting, but the deadline of July 15 is closer
With reference to the anticipations recently published by the press, Atlantia informs that yesterday’s meeting of the Board of Directors –in consideration of the interest of its subsidiary Aeroporti di... more

IndustryAirplanes-Helicopters-Space. Boeing reports 2Q deliveries
In the civil and military sectors
The Boeing Company announced yesterday deliveries across its commercial and defense operations for the second quarter of 2019.Major program deliveries during the second quarter, including deliveries under... more

IndustryLeonardo: appointments at the end of the mandate
A few months from the deadline, Profumo appoints new managers
A few days ago three new managers were appointed to Leonardo's top management. Enrico Savio as head of the Strategy & market intelligence organizational unit; Giovanni Soccodato as Chief Strategic Equity... more

IndustryLeonardo: contract to supply GDC of the Italian Government Printing Office and Mint
Through Vitrociset for a value of EUR 11 million
Leonardo, through its subsidiary Vitrociset, has been awarded the tender called by the Italian Government Printing Office and Mint for the supply and commissioning of a Green Data Center (GDC) solution... more

IndustryE-195E2 airplane visits China
Kicking off the first stop of its global demonstration tour -DATA SHEET
Following its successful debut at the "53rd International Paris Air Show", Embraer’s newest Profit Hunter – the E195-E2 showcasing a stunning “TechLion” livery that covers the entire aircraft’s fuselage... more

IndustryAircraft 737 MAX accidents. Boeing supports families
With a commitment of USD 100 million
Ahead of Independence Day in the US, Boeing announced $100 million in funds to address family and community needs of those affected by the tragic accidents of Lion Air Flight 610 and Ethiopian Airlines... more

IndustryEmbraer delivers its first new Praetor 600 airplane
To an undisclosed European customer
Embraer announced the first delivery of its new Praetor 600 super-midsize business jet to an undisclosed European customer. The delivery ceremony was held at the company’s production facility in São Jo... more

IndustryLeonardo approved start of merger with Sistemi Dinamici
The engineering company, that develops, produces and sells remotely piloted aircraft
The Board of Directors of Leonardo approved yesterday the merger process by way of incorporation plan of Sistemi Dinamici SpA –the engineering company, which is directly and wholly owned, involved in t... more

IndustryLeonardo strengthens leadership team with three new organizational units
Chief Strategic Equity Officer, Strategy & Market Intelligence, and Chief Technology & Innovation Officer new roles created
Leonardo's Chief Executive Officer, Alessandro Profumo, informed the Board of Directors of the strengthening of the senior leadership in order to push further the achievements of the challenging objectives... more

IndustryTAROM selects ATR-72/600 aircraft
To renew its regional fleet
TAROM will introduce nine new ATR-72/600 aircraft into its fleet. The -72/600 will be leased from NAC, the world regional aircraft lessor. Deliveries will commence in October 2019 through to 2020. The... more

IndustryA new professional profile for the shipbuilding sector in Liguria
The course is born from the agreement between the Region and Fincantieri
Pursuant to the agreement signed last year between Fincantieri, the Liguria Region and the trade unions Cgil, Cisl and Uil, aimed at carrying out a series of initiatives to encourage job placement processes,... more

IndustryMHI to acquire Canadair Regional Jet program from Bombardier
Both industries announced today the definitive agreement
Mitsubishi Heavy Industries, Ltd. (MHI) and Bombardier Inc. announced today they have entered into a definitive agreement, whereby MHI will acquire Bombardier's regional jet program for a cash consideration... more

IndustryFincantieri-CNR: innovation in the maritime field
The results of six multidisciplinary research projects presented
Fincantieri and the National Research Council (CNR) presented the results of six multidisciplinary research projects, in a program aimed at innovation in shipbuilding supported by the Ministry of Infrastructure... more

IndustryElettronica Group on board of the new PPA “Thaon di Revel” with its Naval EW suite
A new season for the Italian Navy to face the new challenging naval scenarios started
With the ship launch of the first PPA “Thaon di Revel” last Saturday (see AVIONEWS), a new season for the Italian Navy to face the new challenging naval scenarios starts.Elettronica group is on board of... more

IndustryFincantieri: “Thaon Di Revel” the Multipurpose Offshore Patrol ship launched
The ceremony took place in Muggiano (La Spezia) in the presence of its CEO Bono and the Minister Trenta
The launching ceremony of the Multipurpose Offshore Patrol Ship (PPA) “Paolo Thaon di Revel” took place last Saturday at Fincantieri’s shipyard in Muggiano (La Spezia), in the presence of the Italian Minis... more

IndustryFincantieri signs 50/50 joint venture with Naval Group
The “Poseidon” project takes shape, and strengthens military naval cooperation
Following the announcement made on 23 October 2018, today Fincantieri and Naval Group signed the Alliance Cooperation Agreement, which sets out the operational terms for the incorporation of a 50/50 owned... more

IndustryAirbus-Occar: sign A-400M contract amendment
The parties have agreed four points
Airbus has signed the A-400M contract amendment with OCCAR, the Bonn, Germany-based organisation for joint armament cooperation, which manages the multinational programme on behalf of the Launch Customer... more

IndustryAirbus tests its Network for the Sky on a MRTT aircraft
The tests follow the demonstration carried out last August in Canada
Airbus has successfully completed a flight demonstration of a connected airborne battlespace scenario, centred on a MRTT (Multi Role Tanker Transport) aircraft. The test was carried out as part of the... more

IndustryOther 13 M-345HET aircraft arriving for the Italian Air Force
The agreement signed with Leonardo for EUR 300 million
The new trainer aircraft will operate alongside the Air Force’s existing T-346A fleet, which is used for advanced pilot training more

IndustryIsotta Fraschini Motori: "1000 hour qualification" for PPA diesel engines
Fincantieri subsidiary presents its new 16V170C2ME generator system
Isotta Fraschini Motori (IFM), Fincantieri’s subsidiary, celebrated today at its facility in Bari, the “1000-Hour Certification” for its 16V170C2ME diesel generator system for Multipurpose Offshore... more

IndustryRaytheon-United Technologies combine in merger
A giant will be created, the second one in the world after Boeing
Raytheon Company and United Technologies Corp. have entered into an agreement of merger. From it a giant will be created in the aerospace and defense sector. The merger of Raytheon, a defense company,... more

IndustryVard will build a second cruise vessel for Coral Expeditions
It will be named "Coral Geographer" and will be sister ship of the unit delivered in April
Fincantieri’s subsidiary Vard Holdings Limited (Vard), one of the major global designers and shipbuilders of specialized vessels, signed a contract with the Australian cruise operator Coral Expeditions f... more

IndustryElettronica: second sustainability report approved
Creating and sharing value growth, innovation and environmental protection - ATTACHMENTS
For the second consecutive year, after the experience of storytelling "The Social Portrait" and the first Sustainability Report, Elettronica approved the social report, reaching with ever greater force... more

Industry50 years of Airbus
The industry has launched a global campaign to celebrate the anniversary
Airbus has launched a global campaign celebrating the company’s 50 year anniversary, showcasing key moments of pioneering progress throughout the past five decades. The campaign begins today by marking 50... more

IndustryAt "Cansec" with SaR helicopters, advanced electronics and partnerships
Leonardo selected for the FACT program for military pilots - DATA SHEET
With over 50 years of in Country activities, Leonardo contributes to the security and safety of Canada every day. AW-101 Cormorant helicopters for the Search and Rescue service, weather and air traffic... more

IndustryFincantieri: "Trieste" multipurpose amphibious unit launched
The new LHD will feature a 230-metre long helicopter flight deck -PHOTO
The launching ceremony of the multipurpose amphibious unit (LHD or Landing Helicopter Dock) “Trieste” took place last Saturday at the Fincantieri shipyard in Castellammare di Stabia (Naples), in the pre... more

IndustryTesting of the BriteCloud system on Typhoon RAF airplanes
Leonardo was selected by the British Ministry of Defense
Leonardo has been contracted by the UK Ministry of Defence to support a series of trials in which the ‘BriteCloud 55’ Expendable Active Decoy (EAD) is being trialled for operations with the Royal Air For... more

IndustryAirbus announces performance improvement to the A-220 aircraft family
Starting from the second half of 2020
Airbus announced yesterday that the A-220 Family aircraft, the newest addition to its single-aisle portfolio, will now be offering increased range starting from H2 2020. The A-220 aircraft Maximum Take-Off... more

IndustryAirbus-SAS agreement for research on hybrid and electric planes
The ambitious challenge will be to impose them on the air transport market
Airbus, the European giant, and SAS Scandinavian Airlines have signed a Memorandum of Understanding (MoU) for hybrid and electric aircraft eco-system and infrastructure requirements research.The MoU, signed... more

IndustryPraetor 600 business plane made its first transatlantic crossing
Powered by sustainable alternative jet fuel
Embraer’s new Praetor 600 super-midsize business jet has completed its first transatlantic crossing, powered by Sustainable Alternative Jet Fuel (SAJF). The aircraft arrived in the last days in Farnborough (... more

IndustryFincantieri: training agreement signed
In the civil, industrial and information engineering sectors
The CEO of Fincantieri Giuseppe Bono and the Rector of the University of Calabria Gino Mirocle Crisci today signed an agreement aimed at establishing new cooperation relationships in the field of civil,... more

IndustryPilatus reopens the order book for the PC-24 aircraft
Deliveries scheduled between the end of 2020 and the end of 2021
According to Pilatus Aircraft unveiled it today, the PC-24 business jet market has officially reopened, five years after the first batch of orders (84 units) placed in just 36 hours at the "Ebace 2013"... more

IndustryACJ-319 airplane at "EBACE"
The event is scheduled in Geneva from 21 to 23 May
Airbus Corporate Jets (ACJ) is showing an ACJ-319 at "EBACE" ("European Business Aviation Conference and Exhibition" in Geneva, from 21 to 23 May 2019). The aircraft, which is being shown for the first... more

IndustryAzul receives the first A-330neo plane in the Americas
Under a leasing contract from Avolon - DATA SHEET
The first A-330neo of the Americas has been delivered to Azul Linhas Aéreas on lease from Avolon, becoming one of the first airlines from the Americas to fly the A-330/900. The airplane is the first of... more

IndustryEmbraer: new operator in its E-Jet aircraft family
The company announced it at its business seminar in Amsterdam -DATA SHEET
Great Dane Airlines, from Denmark, has become the most recent customer of the Embraer E-Jets. The company welcomed their newest operator at its annual European Airlines Business Seminar, held this year... more

IndustryNew military radar contract for the UK
The Army will be equipped with a LTR25
Indra has been awarded a contract to supply the Royal Air Force of the United Kingdom with an advanced long-range air defense deployable radar.The company was chosen after competing with the main industries... more

IndustryAeroflot cancels connections with the Sukhoi Superjet-100 plane
Thirty were suspended in five days
After the tragedy at the Moscow-Sheremetevo airport, the Russian flag company Aeroflot has cancelled, in the last five days, about thirty flights operated by the Sukhoi Superjet-100 (SSJ-100), the airplane... more

IndustryAircraft. Saab announces new US site
For advanced manufacturing and production
Saab announces a new site for advanced manufacturing and production in West Lafayette, Indiana, United States of America. The site will be located at the Purdue University-affiliated Discovery Park District.... more

IndustryPiaggio. Profumo confirms Leonardo's interest in the maintenance branch
And on Leonardo: "open to aggregation but not to the holding company"
The CEO (Chief Executive Officer) of Leonardo, Alessandro Profumo, stated about the Defense sector: "I am convinced that over time there will be sectoral aggregations in Europe. But I am equally convinced... more

IndustryLeonardo: MoU with CDP and ELITE
For sustainable growth of the Aerospace and Defence supply chains
Leonardo, CDP and ELITE today signed a memorandum of understanding (MoU) dedicated to supporting the growth of the companies that make up Leonardo’s supply chain. The agreement – which is linked to the... more

IndustryEmbraer: aircraft deliveries in 1Q2019
The firm order backlog totaled USD 16.0 billion
Embraer delivered a total of 22 jets in the first quarter of 2019 (1Q19), of which 11 were commercial aircraft and 11 were executive jets (8 light and 3 large). As of March 31st, the firm order backlog... more

IndustryBoeing (2). Muilenburg: "Ethiopian pilots did not follow all our directives"
The US company defends the B-737; MAX
Despite the fact that the Boeing B-737 MAX aircraft was grounded after the March 10 disaster that was probably caused by the exact same malfunction to the automatic anti-stall system (MCAS) that caused... more

IndustryBoeing. Muilenburg: "Safety is our focus"
"Success" during yesterday's shareholders' meeting
At the end of the Boeing shareholders' meeting that was held yesterday in Chicago, CEO Dennis Muilenburg told the press that he will continue to lead the aerospace company in this crisis phase and will... more

IndustryAirbus. Asam (CFO): "German embargo on Saudi Arabia costing almost 300 million Euros"
There will be no increase in the production of A-320neo aircraft
The European aerospace company Airbus has so far lost 297 million euros due to the embargo on the export of Eurofighter Typhoon aircraft imposed by Germany to Saudi Arabia, which has been extended on several... more