Manufacturing & Assembly News – Page 27 – Welcome to www.planesintheair.com

A.P. Moller – Maersk reports robust Q2 financial results in difficult market

WIL BALDWIN August 7, 2023

Copenhagen, Denmark – A.P. Moller – Maersk (OTC: AMKBY) reports a second quarter of 2023 ahead of expectations, while the ongoing market normalisation continued through the quarter leading to lower volumes and lower rates. Revenue stood…

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Embraer deliveries increase 47% in second quarter 2023

WIL BALDWIN August 6, 2023

Sao Jose dos Campos, Brazil, August 3, 2023 – Embraer (NYSE: ERJ) delivered a total of 47 jets in the second quarter of 2023, of which 17 were commercial aircraft and 30 were executive jets…

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Surf Air Mobility Announces the Successful Completion of Southern Airways Acquisition

WIL BALDWIN August 6, 2023

Los Angeles, California – August, 2023 – Surf Air Mobility Inc. (SAM), a regional platform aiming to sustainably connect the world’s communities, announced that the it has completed the acquisition of Southern Airways (“Southern”) immediately…

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Mitsubishi Heavy Industries Achieves Significant First Quarter Increase in Orders and Profit

WIL BALDWIN August 6, 2023

Tokyo, Japan - Mitsubishi Heavy Industries (OTC: MHVYF) announced that order intake rose 75.1% year over year to 1.6 billion Yen in the quarter ended June 30, 2023. Revenue rose 12.9%, resulting in profit from…

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Voyager Space and Airbus Announce Joint Venture to Build and Operate Starlab

WIL BALDWIN August 2, 2023

DENVER – 02 August, 2023 - Voyager Space, a global leader in space exploration, and Airbus (OTC: EADSY) Defence and Space, the largest aeronautics and space company in Europe, today announced an agreement paving the way for…

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Wizz Air orders a further 75 A321neo Family aircraft

WIL BALDWIN August 2, 2023

Toulouse, France, August 2, 2023 -Wizz Air (OTC: WZZZY), the fastest growing European ultra-low-cost airline, has signed a firm contract for an additional 75 Airbus (OTC: EADSY) A321neo Family aircraft, taking its total order for the…

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Lufthansa and HCS Group sign Letter of Intent on production & supply of Sustainable Aviation Fuel Made in Germany

WIL BALDWIN August 1, 2023

The Lufthansa Group (OTC: DLAKY) and the HCS Group have signed a Letter of Intent (LoI) to partner on the production and supply of Sustainable Aviation Fuel (SAF). From the beginning of 2026, the HCS…

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Akiem orders 15 locomotives from Siemens increasing fleet to 100 Vectrons

WIL BALDWIN July 31, 2023

Akiem, a leading European rolling stock leasing company, has ordered an additional 15 Siemens (OTC: SIEGY) Vectron AC and Vectron MS locomotives from Siemens Mobility. The order was placed as part of a framework agreement…

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Saab offers four Expeditionary Submarines to the Netherlands

WIL BALDWIN July 28, 2023

July 28, 2023 - Supported by Sweden and the United Kingdom, Saab (OTC: SAABF) has today submitted its proposal for the replacement of Netherland’s current submarines. The proposal comprises four advanced Expeditionary Submarines with the…

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Alstom and partners inaugurate first REM segment in Montreal Canada

WIL BALDWIN July 28, 2023

July 28, 2023 – The Groupe PMM consortium led by Alstom (OTC: ALSMY), Groupe des partenaires pour la mobilité des Montréalais, participated in the inauguration hosted by its customer, CDPQ Infra, of the first segment of…